Are you looking for the best QuickBooks alternative to handle all the financial accounting processes? QuickBooks is the most popular automated accounting software that offers invoicing, bookkeeping, and sales tax features and helps track and manage expenses and bills anytime and anywhere.
If you are a small to mid-size enterprise and need to save time and increase productivity, then Quickbooks is perfect for you. Unfortunately, some months back, Intuit’s QuickBooks announced that they would discontinue all QuickBooks services and products in India from April 30, 2023.
In the financial market, there are tons of QuickBooks alternatives in India known for their core business accounting and bookkeeping capabilities that suit small to mid-sized businesses at affordable rates.
If you are looking for alternatives to Quickbooks or QuickBooks data migration services, this article will discuss some accounting software similar to Quickbooks in India. Let’s go through the famous apps one by one.
Here are the Top 6 Recommended Quickbooks Alternatives in India
One of the most popular and best QuickBooks alternatives is Zoho Books. Zoho Books is an online web-based accounting software that provides various functionalities and features, including end-to-end accounting, bank reconciliation, tax compliance, expense tracking, invoicing, and an integrated business platform.
We are a Zoho-authorized partner and help businesses automate and manage their workflow and finance to work collectively across various departments. Our professional Zoho developers can help you with Quickbooks to Zoho migration to increase your business productivity.
Features of Zoho Books
- Ability to automatically generate reports, calculate GST, track expenses, and record bills.
- You can follow up on the payment process using automatic alerts, enabling you to integrate with other online payments.
- Assign tasks to employees, add tasks and manage multiple projects at a single time.
- Generate accurate customer invoices depending on fixed costs for any project or on-task time.
- Get all your contacts list in one place for quick and seamless communication.
- Access more than 50 business reports, such as sales tax reports, inventory summaries, profit and loss statements, and more.
- Enables you to choose your price from the list and automatically fetches bank statements from the bank for the smooth running of your business.
Tally is an ERP accounting software that allows you to record daily financial business data from your desktop and is ideal for managing your finances, invoicing, and inventory management, including GST compliance.
Suppose you are scrutinizing accounting software similar to Quickbooks in India. With the Tally app, you can create and send customer invoices, reconcile bank transactions, and more. Migrate from QuickBooks to Tally to automate your business processes, such as purchasing, inventory, manufacturing, sales, and finance.
Features of Tally
- Get full access to handle all your financial transactions, including journals, purchases, payments, Etc.
- Enables you to manage Goods and Services Tax (GST) bills without hassles.
- Easily organize your outstanding amounts and manage bank checkbooks and transactions.
- Access a wide range of accounting reports and generate balance sheets, trial balances, and more.
FreshBooks is a popular all-in-one business accounting software that helps small businesses' financial processes efficiently, securely, and swiftly. FreshBooks invoicing software is well-reputed for creating client time tracking and invoicing efficient and convenient.
FreshBooks is one of the alternatives to Quickbooks and offers the best invoicing features to run your small businesses more quickly and productively. If you want to transfer your data from Quickbooks to another application, then Infomaze offers QuickBooks data migration services at affordable rates.
Features of FreshBooks
- Organize expenses effortlessly and generate accurate invoices for clients in a few clicks.
- Helps you to collaborate on multiple projects, and you can use log hours without annoyance.
- You can handle your financial accounting needs using FreshBooks apps and stay connected with potential clients.
- Automatically reviews your accounts and balances to ensure accuracy and compliance.
- Freshbooks provides you with simplified and easy-to-understand financial reports accurately.
Sage is a dynamic accounting and business management software that helps manage expenses and payments effortlessly. Sage is a cloud-based accounting software and the best QuickBooks alternative in India. Sage offers a wide range of accountancy and payroll products.
If you are skimming for a reliable and cost-effective accounting software similar to Quickbooks, Sage would be the perfect solution to automate financial workflows such as accepting payments, cash flows, and tracking invoices, or migrate your crucial financial data from Quickbooks to Sage to handle payments and payroll, human resources, and accounting.
Features of Sage
- Sage can be integrated with Office 365 and check account balances from M.S. Outlook.
- Sage has multiple features for sending quotes and estimates, forecasting cash flows, and managing purchase invoices.
- Sage offers solutions like Sage Fixed Assets, Sage 300cloud, Sage 100cloud, Sage X3, and Sage Intacct.
- Sage Accounting can create and send invoices and automatic bank reconciliation and quickly access customer details and transaction history.
- Sage HR is suitable for small businesses, and Sage HRMS is for medium-sized businesses for CRM and HR processes.
- Sage 300 Construction & Real Estate, Sage 100 Contractor, and Safe Intacct Construction tools can be used for Real Estate and Construction processes.
You can leave all your financial burdens on Xero accounting software because it has more than 700 robust and intelligent apps that help you run it on the go and reconcile within seconds for faster results. Xero is an online accounting platform for small businesses that enables them to collaborate with their advisors and share it with their employees.
The main advantage of Xero is that it automatically tracks profits and losses with multiple worldwide currencies. It has many tools for handling businesses like Non-Profit organizations, construction, sellers, retailing and more. Hire Xero developers to migrate from QuickBooks to Xero to handle your critical business accounting needs.
Features of Xero
- Connect Xero with your brand and track cash flow.
- Follow up on employee payroll information and record and manage expenses and receipts.
- Allows you to send online invoices of multiple currencies to prospects with online payment options.
- Boost your inventory time by tracking purchases and sales and operates seamlessly with iOS and Andriod mobile apps.
- Maintains detailed records and follows up on your financial business health with automatic categorization, up-to-date figures, and easy-to-read charts.
- Optional add-ons like payroll with Gusto, business performance dashboard, contacts lists, reporting, bank reconciliations, and bank connections.
- Xero accounting software saves a snapshot of relationship contacts and history and provides financial reports to monitor payments.
Wave is the most popular and favorite for small business owners because it’s a free financial software launched in 2010 to empower their work in an organized manner. The Wave’s main objective is to change the management of the finances of small-scale businesses.
Wave is the appropriate accounting software similar to Quickbooks, which aids in tracking transactions, and expenses and handles invoices and investments. QuickBooks developers for hire provide quick and effortless Quickbooks to Wave migration and constructively modernize your small business trends.
Features of Wave Apps:
- Wave is an excellent accounting software similar to Quickbooks that facilitates you to create and send limitless proficient invoices, recurring billing, and gets paid quickly.
- The best user interface and intelligent dashboard enable you to monitor all business and financial information in one place.
- The best QuickBooks alternative, Wave, is open-source software that allows you to track expenses and incomes without hassles.
- Enables you to create customizable templates for free, which helps in saving much time and increase productivity.
- Get access to prepare invoices and run your business from anywhere at your fingertips using wave mobile apps for Android and iOS.
Source: Top QuickBooks Alternatives