Intuit has introduced accounting software, QuickBooks in India. QuickBooks Online helps SMEs organise their finances and keep track of all activities related to your business (also complies with managerial accounting standards).
In terms of features, QuickBooks offers great set of functionalities
– Creating Invoice: QuickBooks Online helps you automatically track who owes you money and when their payments are due so you can get paid on time. Client information is pre–filled and total charges are calculated automatically, saving you time and improving accuracy. You can also streamline customer billing by emailing invoices to your customers. If you bill the same customers each month, you can schedule automatically generated invoices to be delivered at regular intervals. And should you want to mail paper invoices, it’s easy to print them out, and they’ll look great.
– Multiple users: QuickBooks Online helps you specify permission levels for users in the system and also enables one to share the data with accountant. There are 4 levels of users – Administrator, Standard user (you can limit access to Customers and Sales, Suppliers and Purchases, or both Sales and Purchases), Reports-only users (read-only access) and Accountant.
– Multicurrency support: QuickBooks Online allows you to trade in over 145 currencies . You can work with customers in their home currencies and then convert into Indian Rupee using the latest exchange rates, so you know exactly where you stand.
– Track sales and Expenses
In terms of pricing, the software is super affordable – basic package is available for only Rs. 3999/year and Plus package for Rs. 5999/year (free trial for 30 days), makes it a great Tally alternative for SMEs/startups. Intuit has also launched QuickBooks Partner program for accountants.
Watch this intro video:
At UnPluggd, Intuit team will be demoing QuickBooksOnline at the “Friends of Startups” stalls and will be available to answer your queries.