Best Accounting Software For Small and Medium-Sized Businesses

Manufacturing
Distribution
Services
Education
FMCG
NGO

Amazing Features of HostBooks Accounting Software

Cloud Accounting Software

No matter where you are! You can still access your account anytime anywhere with cloud-based accounting software.

Automated Financial Processes

Manage, analyze, and present financial information with HostBooks automated accounting software. No complexities in the chart of accounts or reporting standards.

Centralized Customer Portal

With easy access to all your payments, service tickets, etc., managing your account with HostBooks accounting would now be a piece of cake.

Invoice to Cash Process

From invoice creation, till the amount is received, HostBooks accounting software helps you keep everything in place. It tracks sales, invoices, and receipts.

Procure to Pay Process

Be it maintaining vendor master data, creating a purchase order or management of the approval flow, HostBooks accounting software keeps everything intact.

Inventory Valuation

Keep a track of the current stock levels, procurement, and disposition of stocks. And, easily ascertain the value of the goods with LIFO, FIFO & Average Cost.

Fixed Asset Module

Manage fixed assets and monitor the asset life, depreciation method, depreciation cycle, and disposition of your fixed asset with HostBooks business accounting software.

Term Discount Management

HostBooks is enabled with automated computing of term discount. If your customer pays you earlier than the due date, it calculates the term discount automatically.

Document Management

This system tracks, manages, stores documents and reduces the paperwork. It keeps a record of the various versions created and modified by different users.

AI-Based Bank Reconciliation

HostBooks AI-based bank reconciliation syncs and suggests the matching of corresponding entries for transactions posted in books of accounts vs. bank statement.

Responsibility Management

HostBooks User Management Module comes with customizable roles and responsibility management. Assign work to the users based on their expertise or requirements.

Statutory Compliances

HostBooks helps you manage statutory compliances such as GST or TDS along with Multiple Tax Rates, Tax Categories & Tax ledgers.

Reduce your IT infrastructure cost

HostBooks accounting software lowers your IT costs, reduces technology risks, and improves productivity with any time and anywhere accessibility.

User-Friendly Dashboard

HostBooks dynamic dashboard has been designed to provide the customers with seamless user experience and provides quick access to data and information.

Advanced Level of Data Security

TLS 1.2 Transport Security with AES 256 bit encryption (HTTPs at SSL Level) keeps your data safe, secure, and intact.

24/6 Technical Support

HostBooks Team is just a call away if you face any issue while managing your finances. We are happy to help you 24/6!

Why HostBooks Accounting Software?

Collaborate in Real-time

Creation of multiple companies and real-time collaboration by multiple users on the same company file.

Data Backup and Restoration

Even during a system crash, HostBooks cloud accounting software automatically saves and restores your data.

Easy Scalability

HostBooks online accounting software automatically scales the resources up & down as per requirements.

FAQs related to Accounting Software

1 Can I add multiple GSTIN in the accounting software?

HostBooks accounting is a GST compliance software and the GSTIN that you add while creating a company gets fetched automatically. And, you can add multiple GSTIN in the accounting software through "Add GSTIN" option in the "Organisation Settings".

2 Can data be fetched from the portal of a bank's website?

Yes, data can be fetched from a bank's portal. This is possible for multiple banks as well as multiple accounts in a single bank.

3 Does the accounting software calculate depreciation automatically?

Yes, HostBooks is automated accounting software and is capable of calculating the depreciation automatically. It also has the option to calculate the same manually.

4 Can the layout be changed for financial reporting formats?

The layout can be changed for both the P/L account and Balance Sheet. Furthermore, you can also group or consolidate the accounts as per your business requirements.

5 How expenses are managed?

HostBooks accounting software has different modules to help businesses manage their expenses effortlessly.