How to choose the Best online Accounting Software?

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How to choose the Best online Accounting Software?

Find the best online accounting software in India

If you are looking for best online accounting software in India, here are a few thing to look forward

Most of the business in India yet today that we find runs on legacy accounting software

And most of them don’t even care to run or adopt any kind of online business software

Also the reason behind it is, not that businesses are unaware of the cloud platform

Because threats are often talked about subject matter in the online world of computing

And this however, is merely a myth, because threats exists but security exists even more along side

Also internet is a bound, but internet exists today in everyone’s mobile device

Also the unconditional part of the internet bound to run the system resist most of the businesses

Because business think running an online accounting software is a problematic solution

So there are solutions to every problems, but there are no solutions to the myths

We typically recommend web based/online accounting software to small to medium businesses

With fairly straight forward business processes that are looking to reduce upfront expenses

Because SaaS solutions are cost effective and are ready to use systems on the cloud

In truth, data security is independent of whether the server is sitting right next to you or in a different city

So SaaS vendors are actually able to invest much more in security, backups and maintenance than any small to medium enterprise

Also the emergence of web based software and software-as-a-service is increasingly becoming popular today

And there is no way you can’t think about moving your business to the cloud


Best online accounting software – How do you find the one?

Today more companies are coming forward  to provide accounting services on the cloud.

But let me give you some clues about choosing the best cloud accounting software for your business.

So check it out, it simple and easy enough to go live  with an online business solution

First of all get a trial before taking any decision to make a purchase

And at least take a 30 days trial, trial period is available for most of the online business software found today

Test the speed of web page load time, it should load faster, most probably if the software is developed in java/jsp file extension you will find it is 10x faster than any other online accounting software

And make sure your requirements/processes are fulfilled and there exists all statutory reports to file taxation either it is VAT/GST

Also look for both iOS and Android Apps

Most of the vendors only have Andorid Apps so as a business owner if you are using iPhone it won’t run on your device

Make sure data are hosted on the Amazon Web Services or a Microsoft Azure platform

Because this is by far the most trusted cloud application hosting environment for businesses

Also make sure you can open multiple companies under one platform. So if your are running 2 businesses you can manage all your companies under one roof

And check if there is a possibility to scale your software as your grow. Check for functionalities/features existence that can scale you up gradually with your needs and processes

Also check if there are hidden charges like charges with increases in voucher/transaction count

And make sure the software is efficient and prices may be compromised

See if there is a help manual for the online accounting software application

And call to know how are the software services being provided

It is even better to know if there are product consultants found easily on the product

Look if there is an easier and  common way to customize your SaaS system

And make sure the software application has multi user capabilities with user wise permissions

Also check for special features if any (Eg. scan copy attachment, reports scheduling, sms and email reminders etc.)

There is nothing to worry about if you don’t find any backup system

However make sure you have the options to download your data in excel or pdf formats

Hope above following information will help you out in choosing the best online accounting software for your business. Best of luck for planning to move on to the cloud.

1 Comment

  1. Nicolas Parker says:

    Indeed an informative article! One of the main aspects of business is to have perfect accounting partner who understands it correctly. I am also not sure before choosing Just done as my accounts partner. But I am glad these guys are very good at their work. Now I can manage my accounts with ease and satisfaction. Highly recommend these guys if anyone searching for best & reliable accountants

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