Latest Version
1.297
February 17, 2025
Tacktile Systems Private Limited
Business
Android
0
Free
com.accounting.bookkeeping
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More About Accounting Bookkeeping
Simple Accounting Bookkeeping is a user-friendly application designed to assist small businesses in managing their financial transactions including sales, purchases, payments, expenses, and taxes. The application allows users with little or no accounting knowledge to maintain comprehensive records with ease. It offers features for invoicing, recording purchases, managing expenses, and tracking accounts receivable and payable. Users can try the app free for 30 days, after which they can opt for a subscription to unlock unlimited transaction capabilities.
One of the notable features of the app is its support for tracking input taxes applicable to VAT and GST on purchases, enabling users to effectively offset these credits against their tax responsibilities. Additionally, it includes an inventory management system, which is particularly useful for businesses dealing with physical products. This functionality automatically adjusts inventory levels with each sale and purchase, and tracks the cost of goods sold to aid in profit calculation.
The application's dashboard presents an overview of monthly sales, purchases, payments, expenses, and overall profit, along with outstanding payables and receivables, and current balances of bank and cash accounts. Users can create multiple accounts to categorize their sales and purchases, manage invoices, and personalize templates with logos and signatures while setting due dates to streamline their billing process. Payment tracking is integrated, allowing businesses to record and manage their financial interactions effortlessly.
In addition to regular transaction processing, Simple Accounting Bookkeeping includes features for managing different tax systems, recording expenses, and safeguarding data with backup options. Users can record ledger entries for various accounts, allowing for sophisticated tracking and reporting of financial activities. The app also supports simple journal entries based on double-entry accounting principles, making it a versatile tool for both service-based organizations and those handling physical goods.
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