Top 4 Free Accounting Software in India You Should Know About

There are certain free accounting software in India that has been introduced by the GSTN Organization, especially for Micro and Medium-size businesses. These systems are free for businesses that have a GST Registration Number and have a turnover of less than ₹1.5 Crores.

So, there is a good chance that solo and micro business owners can benefit from this. You can easily pick an accounting software from the GST portal as per your like. These free accounting software India are available to you in two different models-online and offline.

Through this article, we bring to you a list of some of the best free accounting software in India so that picking up one becomes easier for you. Let’s have a quick look at them.

1. RealBooks

RealBooks is a well-known online accounting software in India that offers top-quality accounting software services for all kinds of organizations including the ones belonging to the manufacturing sector.

There are a lot of businesses that have been using this software for quite some time now and have highly-rated it. The software needs you to sign up for free in order to avail billing, accounting, and invoicing services with 500 free accounting entries on a yearly basis. Overall, one can say that RealBooks is a good option when it comes to choosing a top-quality free accounting software in India.

2. Wave

Wave is another quality-free accounting software India. It is a well-known cloud-based accounting software that is best suited for a small-sized business with 9 or fewer employees. The software has some amazing features which include accounting, personal finance, payroll, payments, invoicing, and more.

The core services that the software provides like the accounting and invoicing applications are free. Certain services such as payroll, credit card payment processing, bookkeeping, and premium accounting come at an extra price.

3. myBooks

If you are a small or a mid-sized business, myBooks is the accounting software that you should definitely try out. Since it is a free cloud-based accounting software, small businesses can use it to work in an effective and efficient manner.

With a simple and easy-to-use UI design, it is one of the most user-friendly software. You can easily access it on Android, iOS, and the web. The software provides you with several industry-specific features for businesses related to retail, shopkeeping, logistics, technology, manufacturing, freelancers, service-providing, construction, textiles, and many more.

4. GnuCash

GnuCash is an accounting software to be used for personal and small-business-related matters. It is licensed under the GNU GPL freely. The software is smartly designed in such a way that anyone from any country and background can easily operate it. But any person using this particular accounting software should have very good knowledge about the basic principles of accounting.

GnuCash is available for a number of platforms including BSD, Solaris, Microsoft Windows, Linux, and Mac OS X. In order to ensure that this software reaches more and more people, GnuCash has launched its Android App as well.