Ways to Choose the Best Accounting Management Software

good accounting software
Accounting management software is a very useful tool for all small and large enterprise and it is used to manage and process financial data. Accounting management software are able to do certain things automatically like recording accounting data, measuring indicators, creating invoice, doing bill to bill payment, etc. But in the market, there are hundreds of accounting management software and this may make a user confuse which one to buy while going for purchasing it. But you should keep in mind that you should only buy that accounting management software which have all the essential features. So, before purchasing an accounting management software you should first know about the important features of account software. Let’s check about its vital features.


Features of Best Accounting Management Software

  • Accounting: One of the most essential feature of every cheap accounting software is that it should be able to do accounting automatically.  It should be able to generate general ledger, fixed assets, create invoice, accounts payable and receivable as well as bank reconciliation.
  • Billing and invoicing:  Billing and invoicing is considered as one of the most integral part of any financial operation. So, a good accounting software must have the facility of billing and invoicing that can provide accurate billing and invoicing and can thereby ease the work pressure of accounting personnel.
  • Budgeting and forecasting: The best accounting management software should also be able to calculate the expenditure of the current year and should also be able to estimate the budget of the next year.
  • Automatic payment processing: A good accounting management software should also be able to provide automatic payment processing that can give the facility to the customers for paying their bills electronically without wasting time in check deposit or standing in queues for bank deposits.
  • Automatic tax calculation: A personal accounting software should also be able to calculate tax automatically and should provide sophisticated tax tables which can ease the work of accounting personnel in the company.
  • Report creation: Another essential feature of small business accounting software is that it should also be able generate various types of reports starting from standard reports to customizable report. It should be able to provide the report with graphs as the long list of numbers may become difficult for the user to interpret anything costing. Reports generated in the form of pie chart, bar charts, etc. can provide the better view of about where the money is going.
So, while going to purchase the accounting software you should check whether the tool have the above feature or not. Align books provides best accounting software which comes with all the above mentioned features. The accounting software of Align Books comes with many versions like Basic, Premium, Ultima, Certified Profs and Education. Align Books provides the accounting software at a very cheap cost. You can avail the Basic version just at Rs. 1500, Premium at Rs. 4000, Ultima at Rs. 6000, Certified Profs. Version is free three years and Education version is absolutely free. All these versions have features like invoice, debit/credit note, return, bill to bill payment and dash board. The Ultima version also have some added features like price/discount list, estimates, orders and dispatch.

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