[App] Accounting Bookkeeping
Simple Accounting Bookkeeping helps you to record all your transactions such as Sale, Purchase, Payments , Expenses, Taxes etc. in an extremely simple manner.
Simple Accounting Bookkeeping has been designed for small businesses to manage their complete accounting needs with limited or no knowledge of underlying accounting principles. You can send across invoices, record purchases, manage your expenses, track your payable and receivables. App is free to try for 30 days, after which you can purchase subscription for unlimited transactions
INPUT TAXES : The app supports tracking input credits for VAT / GST etc. on your purchases and offsetting the same on taxes payable against your Sales.
INVENTORY MANAGEMENT : If you buy/sell physical products You can enable inventory tracking for them. Your inventory levels for each product will be automatically reduced on Sale and increased on Purchases. Profit and Loss module would keep track of “Cost of Goods Sold” whenever you make a Sale and calculate your profits accordingly.
It is useful for businesses dealing in services as well as physical products.
Dashboard
The app contains an Easy-to-use Dashboard which features
Sales / Purchases this month
Payments Received / Paid this month
Expenses incurred this month
Profits earned this month with summary calculation
Net Payables/ Receivables outstanding
Current balances in Bank Account and Cash Account
Sales and Purchases
Create multiple Sales / Purchase Accounts to classify your Sales/Purchase ( by region, product vertical etc.)
Record a sale / Purchase with or without creating an invoice ( inventory will not be affected if itemised details are not entered)
Multiple Template options for sending invoices
Add Logo and Signature to your invoice
Set Due Dates on Invoice
Payments
Record your payment transactions when you Make / Receive payments
Keep track of your payables and receivables
Payment transactions automatically update your bank / cash balance
Accept partial payments against an invoice
Accept payments as Advances even when you have not issued any invoices
Taxes
Designed for multiple tax systems such as VAT, GST , Sales Tax etc
Identify Taxes paid on purchase for which you receive input credit ( as in VAT system or GST system)
Offset these input credits against taxes collected on Sale of Goods
The app will show you Net Tax Payable as difference of Input Credits and Tax on Sales and record the payment of the same.
Expenses
Record expenses incurred in cash or as credit
Petty Cash expenses can be quickly recorded without referring a supplier
Record payments for expenses incurred on credit
Dashboard helps you keep track your major expenses
Backup and Restore
Link your Dropbox account to the app & Backup your data on Dropbox/ Google Drive
Ledger and journal Entries
View complete ledger of any account – Client , Supplier, Expenses, Cash, Bank, Taxes etc
Complex transactions can be recorded as simple journal entries using double entry accounting principles ( Credit and Debit)
Accounting Bookkeeping user reviews :
Perfect for my extremely small business considering my bookkeeping skill level. Does everything I used to use several apps to do (estimates, invoices, bookkeeping, customer/material database), and there’s really nothing I need it to do that it doesn’t. Truthfully the one and only thing I wish I could have it do is show me a report on my income versus expenses (all I can find is sales versus expenses)… but that might just be me doing something wrong.
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Great app for our small business. It keeps up with our sells and expenses for free!!! I also like how it gives a report to highlight your stats and even show your top paying customers. Update: I didn’t realize the app costs money and didn’t know it was a trial at the time. Still like the app and kept it., But they needed to be more transparent at the beginning. Lowered it one star because of that.
I love this app! I used to use QuickBooks but they wanted so much money for almost the service this app provides. I love that I can use it on my desktop as well. Don’t use spreadsheets or don’t know how… They do it for you. If you have a small business and dont need the payroll is the way to go. It’s so much cheaper and let’s you do almost everything that QuickBooks does at a fraction of the cost. 100% recommend to small business owners that are just starting out.
- Hi Melanie. A big thank you for your wonderful review! We’re thrilled that our app is meeting your needs. It is delightful to hear such positive words and it’s always a pleasure to serve our users. If you have friends or colleagues who could also benefit from our app, don’t hesitate to recommend it.
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