10 Best Accounting Softwares for Businesses in India

A popular cloud-based platform, Zipbooks is one of the best free accounting software. You do not need to pay for basic tasks like invoicing and expense tracking. The clean interface makes it easier to navigate through the platform without any hassles. ZipBooks also includes smart insights that help users understand their financial health better by analyzing spending patterns and income sources. ZipBooks has all the important functions found in most accounting software at much more affordable prices. It is perfect for small business owners. Being cloud-based, your entire team can stay on track and contribute to the platform in real time.

Headquartered in Austin, Texas, NetSuite was founded in 1998 and is among the first cloud-computing companies in the world. It stands apart as a reliable and comprehensive accounting software for small businesses. It can adapt to most business types and simplify finances. Its cloud-based platform provides real-time visibility into financial performance, enabling businesses to make informed decisions. Automated billing, multi-currency support, and customizable dashboards are some key features that make NetSuite worth an investment. The best part about this software is that it is scalable, thereby making it perfect for growing businesses, and integrates easily with other business software.

Xero will always be among the top 10 accounting software for its user-friendly interface and powerful features. The accounting software has a simple layout, with all the important features such as invoicing & billing, asset tracking, document management, etc. With Xero, you get access to over 21000 global banks for reconciliations and real-time cash flow tracking. It is a very convenient software no matter where you are in the world as it adapts to your business requirements. The Xero mobile app makes it possible to keep track of everything on the go. It is a top accounting software for small businesses.

Similar to Financfy, Leapfin is a new-age accounting software, offering excellent integration with the functions of your business. It pairs up with your Customer Relationship Management software and gives a detailed analysis of the company’s performance. With enhanced data accuracy in both reporting and calculations, small business owners can be assured of error-free automated accounting. A powerful tool to work with numbers, Leapfin is also ideal for revenue forecasting and asset management. You cannot miss out on this best accounting software.

Designed for small and medium-sized businesses, AlignBooks is a reliable accounting software for inventory management and billing generation with secure data backup options. Its flexible deployment ensures users can access the data both online and offline. It is one of India’s best accounting software for GST filing and constantly updates itself to keep up with changing regulations. They offer a variety of plans, starting from Basic for max 1200 B2B sales invoices to ERP for up to 20000 B2B sales invoices per year. With robust customer support, onboarding and resolution of issues are quick and easy, irrespective of the scope and nature of the business.

Zoho Books is an affordable and reliable accounting software for small businesses, offering a range of distinct features. From invoicing to tax compliance, Zoho Books offers end-to-end accounting and is a one-stop financial management solution for all small businesses. It also allows the owner to automate most tasks like invoice generation and payment reminders to save time and energy. Zoho is also a more practical accounting software as you get a comprehensive mobile app, which is as powerful as desktop software. The customizable dashboards let you work according to your requirements and reduce the learning curve for new accountants.

A simple, no-nonsense accounting software, ProfitBooks is an easy-to-use platform, designed to simplify everything related to your finances. Features like real-time analytics, inventory management, and easy integration with other apps make ProfitBooks a valuable tool. It does not overwhelm you with unnecessary and complex features and automates most tasks. This focus on user-friendliness combined with essential functionalities makes it one of the best accounting software options available today. The best part? Profitbooks also offers a free version called the Startup Plan for small startups with less than 100 customers.

A modern accounting software, Financfy has revolutionized the way accountants work in small and established businesses. There are a lot of ways you can automate your accounting with features such as automated bookkeeping, real-time reporting, and pre-set cash flow management tools. Financfy is a leading contender among the top 10 accounting software with a customizable user experience. As a small business, this platform records, tracks, and analyzes all expenses and income as per your workflow and gives an overview of all cash books for easy reporting. It is an all-inclusive accounting platform that handles sales, invoices, expenses, and inventory management like a pro.

Probably the most popular accounting software in India and around the world, Tally provides comprehensive solutions for accounting, inventory management, and compliance with local tax regulations. Tally’s intuitive platform makes it easy to complete complex accounting tasks like financial reporting and tax breakdowns even for beginners. Small business owners can take advantage of the range of packages by Tally, depending on the size of their business. It is also the best platform to handle GST filings and formalities, irrespective of your business type. TallyPrime offers a free trial for 7 days before you buy the software.

Troveworks is gaining popularity because the company is focused on reducing complexity in accounting through automation, also integrating other business applications with it. It mainly offers core features of generating invoices, tracking expense reporting, and real-time team collaboration with accountants. One of the primary goals of accounting software is to reduce complexities in the traditional accounting methods. Troveworks is an attractive option for small businesses within the category of best accounting software. Features such as expense tracking, payroll management, budgeting, forecasting, project accounting, audit trails, etc., make it an ideal accounting software for the owners of small and medium businesses.

Conclusion

There is no shortage of accounting software. Choosing the right platform depends on the scope and requirements of your business. These ten best accounting software can be a reliable partner to your accounting team, automating and simplifying most tasks. From reporting an income or expense to allocating the right resources and compiling tax reports, accounting software manages the company’s finances and provides a comprehensive report at the end. The option to customize your experience is an added advantage over traditional accounting methods, which can save time and make your data look more presentable. As we look forward to 2025, this compilation of the top 10 accounting software should give you a starting point as you explore more ways to simplify your finances.