Online accounting software in India began its revolution with the arrival of Goods and Service Tax.
So here are a few thing to look forward if you are not aware of as how it is or what is different in it.
The main difference is however online and offline, while other features remains the same.
However there are plenty of rich features you will find which are updated time to time by the vendors.
Well 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 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.
Here are a list of popular online accounting software in India for small business
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 take a 30 days trial period, trial period is available for most of the online business software found today.
Test the speed of web page load time.
Most probably the software developed in java are 10x faster than any other online accounting software.
And make sure requirements/processes are fulfilled and there exists all statutory reports to file tax returns 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.
Also make sure data hosting platforms are on the Amazon Web Services or a Microsoft Azure platform.
Because this is by far the most trusted cloud application hosting environment for businesses.
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.
Check if there is a possibility to scale your software as you grow. Check for functionalities/features existence that can scale you up gradually with your needs and processes.
Also check if the hidden charges exists like charge with increase in voucher and transaction counts.
And make sure the software is efficient and prices may be compromise.
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 also better to know if there are product consultants available easily on the product for consulting.
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.
There are a number of online accounting software in India. Comment below if any one is missing and let buyers find the best software for their business.
Hope above following information will help you out in selecting the perfect online accounting software for your business.
If you have already planned to move your old fashion accounting software on to the cloud.
Realbooks is ideally a very good deal for core business accounting as like Tally ERP 9.
Experience the best of online accounting software with golden rich features and enhance your business.