Billing software eliminates manual data entry and makes sure that accounting figures are precise. Accounting principles, measures, and processes are of paramount significance and this is often where billing software is utilized to reduce or eliminate mistakes and keep accounting figures precise.
Billing software, generally identified as invoicing software, can be any software designed to basically generate invoices for products and services rendered to clients. Billing software also comes with the capability to track the payment receipts from customers against the invoices issued. India is a software hub and has hundreds of billing software available.
Benefits of a Billing Software
- Create GST Invoices
- Create Pro-forma, Quotation and Purchase orders
- Able to record Items and manage inventory
- Maintain the list of Customers
- Maintain Credit, Outstanding and receivables
- Feature to share the invoices easily and print if required
Top 7 Invoicing & Billing Software In India
- myBillBook
MybillBook has multiple features which makes it great software. To use it effectively, Here I am listing a few good features which you must use to give a new height to your business:
- App availability – It has an app that you can download from the play store. You can generate invoices outside your office and that too hassle-free. myBillBook offers both cloud-based and system-based accounting.
- Data Reports Generation – You can generate reports for your business whenever you require. Reading and understanding data makes you confident to make business decisions.
- Collect Payment online – You can also collect payment online through UPI which makes your task easy.
- Greeting Message – You can send greetings messages to customers and also other important messages to establish a better relationship with them.
- Receive Order Online – You can also receive orders online which helps you to grow your business revenue ultimately. I have not mentioned the basic common features that all other software have like GST billing & Inventory management.
2. Zoho Invoice
Zoho is the one-stop accounting software for modern/growing business needs. As the accounting and invoicing will happen on a real-time basis invoicing options in Zoho are made user-friendly. In Zoho we have a separate section for “Invoice Template” there we can create multiple invoice templates having all the requirements prescribed in GST Law like:
- Separate template for normal taxable supplies
- Separate template for SEZ supplies
- Separate template for Exports
Likewise, we can set it up at our convenience.
3. ClearTax
ClearTax GST billing software is an all-in-one accounting software trusted by businesses for filing returns. It has an SFTP-based secured file transferring process. Its Connectors for importing the data and excel sheet templates custom mappers for correcting invoices and making them error-free. You can use ClearTax GST for not just faster filing of returns but also for auto-filing the forms. Option for checking multiple GSTINS from a single place
4. ZipBooks
ZipBooks is free accounting software for small business owners, freelancers, and bookkeepers. We offer unlimited invoicing, automatic transaction import, smart reporting, and digital payment processing. It assigns you a Business Health Score based on an analysis of your finances. This is an excellent collection of your company’s financial data, but it lacks to-do reminders like those you find in Xero.
5. Sleek Bill
Sleek Bill lets you make customized invoices, handles all essential calculations, formats and prints your invoices, and immediately sends the completed ones as an email or as PDFs directly from your Sleek Bill dashboard. In addition, Sleek Bill software learns the whole thing you do with it and “remembers” the data accurately when you need it by auto-completing your forms in seconds. Also, when you need a quick summary of the documents issued so far, just check the Reports section. And when too many outcomes are returned, Sleek Bill can filter them.
6. Tally.ERP 9
ERP 9 permits business owners and their associates to interact more in accounts-related discussions and is a complete product that retains its original simplicity yet offers comprehensive business functionalities such as Accounting, Finance, Inventory, Sales, Purchase, Point of Sales, Manufacturing, Costing etc.
7. Vyapar
A billing and invoicing solution will not only help businesses effortlessly their payment processes but also get an improved grasp of their finances. In turn, businesses can use this data to improve their different financial processes to make them more effective. It adds your business logo and signature to be more professional and create your brand and helps you categorize products so that you can figure out your low-stock items and take steps to increase your revenue.
