Best QuickBooks Alternative Accounting Software in India

QuickBooks Alternative Accounting Software in India

QuickBooks announced its exit from India earlier this year and stopped accepting new subscriptions in India. However, for the existing QuickBooks users, it was a state of dilemma as they had to search for alternative accounting software and migrate their existing data to that software. What are some of the ideal QuickBooks alternatives in India? How to migrate data in the new accounting software?

Well, we have answered all your questions here!

Best QuickBooks Alternatives in India 

If you are operating a business and need a QuickBooks alternative in India for your accounting and bookkeeping needs, then you can go with the following software:

  1. Tally Prime: Tally Prime is one of the most used accounting software in India. With over 2 million+ businesses, Tally managed to gain a broad customer base. It comes with all the accounting features that a business could possibly need ranging from invoice generation, inventory management, cheque printing, e-way bill compliance, auto-generation of e-invoices etc. However, one of the major drawbacks of Tally is that it is a desktop-based software and therefore you need to install it in your system. It is not web-based accounting software. 
  2. Zoho Books: Zoho Books is web-based accounting software that is increasingly becoming popular among Indian users. Being web-based allows users to do their accounting and bookkeeping anytime anywhere. It supports most of the accounting functions from invoicing, estimates, project and time management, e-invoicing, online payments etc. 
  3. Host Books: Host Books, like Zoho Books, is web-based accounting software that also allows businesses to perform their accounting and bookkeeping anytime anywhere. The users of Host Books also enjoy most of the accounting functions and it also includes HR and payroll management functions, multi-currency accounting, role-based access etc.
  4. Xero: Xero is international accounting software that is used in over 180 countries. It is a web-based accounting software as well and is a very effective software for small and medium-scale business needs. The charges for a Xero subscription are a bit higher as compared to the Indian web-based accounting software. 
  5. Oracle Net Suite: Net Suite from Oracle is also a web-based accounting software that primarily caters to the needs of small and mid-size businesses, manufacturing enterprises, wholesale and retail sector, service sector, financial services etc. Apart from the basic accounting features, it also supports multiple features like multi-currency accounting, expense tracking, project and time management etc.

How to Deal with Data Migration?

Once you select the ideal accounting software that suits your needs, the next step is data migration. It is important to accurately migrate your data to avoid inaccuracies and ensure that you don’t have to perform accounting for the same records again. Therefore, a good way out is to engage a professional accountant who is well-versed with QuickBooks and other accounting software to ensure that your data is migrated without any hassle. In case you need any assistance with the selection of the ideal QuickBooks alternative India, as per your business or data migration and accounting needs, feel free to contact the ASC Group.

Location: India

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