HostBooks Founder & Chairman Kapil RANA bags the Economic Times Most Promising Entrepreneur Award 2019
The SME Times News Bureau - March 29, 2019
HostBooks Founder & Chairman CA Kapil RANA has been awarded “The Most Promising Entrepreneur 2019” by Economic Times. Bollywood actor Mr. Ashish Vidhyarthi and Ms. Sunita Quadros, Senior Vice President, Times Strategic Solutions Limited, presented the prestigious award to Mr. Kapil RANA on March 29, 2019, at Hotel Sahara Star, Mumbai.
With a vast experience spread across strategic management, corporate development & structuring of multinational organizations, Mr. Kapil RANA began his journey as the founder of HostBooks in 2009. Being a Chartered Accountant, helped him gain a deeper insight into the issues that are affecting the accounting sector. This acted as the driving force behind the development of HostBooks All-in-One Automated Accounting Software.
HostBooks software provides the CAs, small businesses and other accounting professionals with a complete solution for GST, E-Way Bill, TDS, Accounting, and Tax. The inbuilt cloud feature allows users to manage accounting & compliance anywhere anytime. It aims at saving the time spent on compliance by at least 70%.
HostBooks has brought a sigh of relief to CAs, small businesses, and accounting professionals who were otherwise unable to cope up with the manual accounting pressure. With HostBooks accounting software, the user will be able to work smarter while managing his finances in a few clicks. The financial position of the business is displayed in real-time. Auto document management system, smart cash invoicing, and AI-based reconciliations help business owners scrutinize every financial aspect of their businesses. Under the leadership of Kapil RANA, HostBooks has now become one of the best and reliable accounting and tax compliance software.
The Most Promising Entrepreneur 2019, Mr. Kapil RANA says, “HostBooks is the perfect blend of accounting and cutting-edge technology. With the help of automation techniques, we strive to refurbish traditional accounting methods. The introduction of GST return filing and E-Way Bill is posing challenges for small businesses. Hence, we have developed a comprehensive platform that makes GST, E-Way Bill, TDS, and Tax easy and hassle-free."
HostBooks GST compliance software launches single-click return filing for GSTR 9
Jul 04, 2019
The All-in-one automated software HostBooks announces the inclusion of a GSTR-9 product for GSTR-9 filing. GSTR-9 is an annual summary of all the sales, tax paid thereon, purchases, input tax credit (ITC) claimed, ineligible credits, demands, and refunds. Compulsory for all regular taxpayers under GST, GSTR 9 is consolidated return for the information furnished in monthly/quarterly GST returns during the financial year for every GSTIN.
Similarly, GSTR-9A is to be filed by a composition dealer, GSTR-9B is required to be filed by e-commerce operator and GSTR-9C is the annual audit report.
As, GST council chaired by Finance Minister Nirmala Sitharaman decided in its 35th meeting to extend the deadline to file forms GSTR-9, GSTR-9A and GSTR-9C till August 30, 2019. HostBooks is all geared up to serve as compliance platform from where normal taxpayers can file their annual returns in Form GSTR-9 and composition taxpayers file their returns via Form GSTR-9A.
As this is the first time after the introduction of GST that traders and businesses will be filing the (annual) returns, there are various issues cropping around this return filing. To ease the efforts of its users, HostBooks has developed a remarkably simple procedure where with the help of a simple tool, one can sort and render seamless GST return filing and billing experience. HostBooks is a cloud-based and NSDL approved GST Application Service Provider, has simplified the whole process of GST return filing including the GSTR -9.
The multi-tenant app which is essential for customer management can easily identify mismatches, duplication of entries or match credit/debit notes against respective invoices, and so on with the help of automation.
Fulfilling centre's hope to create a transparent mechanism for taxpaying, HostBooks serve as tool to bring out accurate transaction details for every taxpayer, it ensures input data validation at the sources. Through real-time updates, customers can access the latest changes made within GST, minimizing the efforts being put to meet the new changes as a later stage.
How HostBooks is pushing seamless GST and Accounting compliance through Automation
By Forbes India - June 04, 2019
Over the last decade, technology has amplified at an exponential rate. It has transformed the way we live our lives, and the way, we execute our work has been even greater. Technology has allowed us to change how we manage many different aspects of business operations, Accounting is no exception.
Access to accounting dedicated software performing more complex functions has made calculations both easier and more efficient. Creating financial data, managing business finances and bank statements, and measuring economic activity has never been simpler.
The age of technology has truly revolutionized one of man’s oldest task i.e. keeping a track of finances.
One by one, the traditional pen, ledger, and desk calculator had been shunned driving towards more efficient processing tool which is the specialized accounting software allowing quicker input and computation of data.
HostBooks as an accounting software has created a lead in automation for accounting and finance. The act of manually entering information has declined as technology made it possible to manage accounts with a single click.
The Gurgaon-based startup has channelled various aspects of accounting equipment onto a single online platform.
Hostbooks is an integrated All-in-One cloud-based application, which enables users to maintain Accounting, Tax, GST, TDS, E-Way Bill and Payroll records providing statutory compliance and single click filing service for businesses.
Their India journey is about two years old, in which duration they have added a large client base spread across several vertical players in the market including big business setups, MSME’s, retailers, vendors etc.
HostBooks among ET Most Promising Entrepreneurs of India
The SME Times News Bureau - March 29, 2019
Economic Times organized the 2nd edition of Most Promising Entrepreneurs of India 2019 on 29th March at Hotel Sahara Star, Mumbai. The event aims at recognizing creative minds determined to ascend to the summit of their respective sectors.
This year HostBooks bagged the title of "The Most Promising Entrepreneur of India". Bollywood actor Mr. Ashish Vidhyarthi and Ms. Sunita Quadros, Senior Vice President, Times Strategic Solutions Limited, presented the award to HostBooks Founder & Chairman Mr. Kapil RANA.
HostBooks is a one-stop solution for all the accounting and compliance needs. It provides a comprehensive solution for GST, E-Way Bill, TDS, Accounting and Tax. The inbuilt cloud feature allows users to manage accounting & compliance anywhere anytime. HostBooks accounting software aims at saving the time spent on compliance by at least 70%.
Under the leadership of Founder & Chairman Mr. Kapil RANA, CEO Mr. Amit Mukherji, and CDO Mr. Biswajit Mishra, HostBooks has become one of the best accounting & tax compliance software. Their knowledge, rich experience, and expertise are the driving forces that help the team build a seamless automated accounting solution. They make sure that the software is designed on structured data flow design, ensuring minimal data input. Being aware of the issues affecting small businesses and accounting professionals, the team focuses on alleviating these issues with cutting-edge technology.
"Being rewarded as the most promising entrepreneur of India 2019 by ET is like a dream come true. We are ready to go an extra mile to provide the users with seamless user experience." - Mr. Kapil RANA, Founder & Chairman, HostBooks.
"It's a great feeling to be among the most promising entrepreneurs of the country. We understand the plight of small businesses. Hence, we have designed our software to meet the accounting needs of small businesses anytime anywhere. We have deployed a combination of automation techniques and accounting expertise." - Mr. Amit Mukherji, CEO, HostBooks.
"To find a place among India's most promising entrepreneurs is a feeling that can't be described in words. With HostBooks accounting and compliance software, we strive to make accounting and compliance automated, easy to understand, and hassle-free. Kudos to Team HostBooks!" - Mr. Biswajit Mishra, CDO, HostBooks.
HostBooks launches integrated accounting software
By Team NB - May 15, 2019
HostBooks functions as a Multi-Tenant App with Database-per-Tenant exploring the financial responsibilities of each client with much precision for bank reconciliation, transactions, imports and payments, GST returns, TDS filing etc.
Where businesses are concerned, maintaining finances in order is imperative. Not only is it necessary to ensure that invoices are sent out and paid on time, but it helps with forecasting cash flow with detailed financial records critical for taxpayers.However, at the end of the long weary day, business owners don’t aspire to struggle with the bookkeeping and finances of their businesses. Above that, small business owners typically don’t have a lot of time, and saving the time they do have is often their top priority. With the help of HostBooks accounting software, the business owners can easily manage their finances by setting up a workflow that automatically updates all the other accounting information each month or at any required time through an integrated all-in-one application.
HostBooks is one such cloud-based accounting software which is built for entrepreneurs to help them monitor their trade from anywhere on any range of devices. By providing automated solutions for accounting, HostBooks help businesspeople transform and streamline their processes and operations. It seamlessly couples core finance and accounting functions with strong compliance management which tremendously improves the company’s performance while reducing back-office costs.
CA Biswajit Mishra, the Chief Development Officer, (CDO) at HostBooks says “The specialized software designed and created by HostBooks provides helpful accounting solutions that clients can access whenever they want for different areas of business and make preferable financial decisions throughout the year.The software is furnished with Multi-tenant technology implying a centralized administration through a common code-based application where the confidential data for each tenant is secured from the rest.”
How India’s Leading GST software company HostBooks is transforming the market
Tech Story - May 03, 2019
On July 1, 2017, the country witnessed one of the biggest business changes of our times viz. Goods and Services Tax. The Goods and Services Tax became one of the most significant tax reform post-independence changing the way of doing business in India.
As the multifaceted and multi-layered tax arrangement came to a conclusion with GST, there arrived a dire need for software which can reduce the stress of understanding the brand-new procedure for calculating tax. The GST software is a worthy application which makes the calculation of taxes easy for the owners, warehouse operators, and transporters.
HostBooks is one such accounting software which offers a seamless GST billing and returns filing experience. HostBooks is an all-in-one accounting solutions platform decked with GST billing software making the management of the accounts way simpler than before.
HostBooks is a system which helps an organisation in the bookkeeping of their financial records and cash flow. All activity regarding GST issues such as GST return filing, GST Bill preparation, mismatch reconciliations, penalties and interests can be done electronically through HostBooks.
HostBooks GST application is a well-organised version of comprehensive indirect tax on goods and services and has remarkably cut down the operational costs. The GST solutions at HostBooks is savvy and tussle-free to help maintain the accounting and invoicing system which aims to cater to the business.
HostBooks recognizes the fact that in today’s digital world security is one of the most critical assurances. Thus, HostBooks as a secured software protects confidential business information without making any kind of compromises that may pose a threat to a business. HostBooks thus ensure that as an automated cloud computing accounting software, it is robust not only in return filing but also from the data security point of view as well.
HostBooks- Bringing Automation, Transparency, and Security to your Accounting Needs
Indian CEO - April 1, 2019
HostBooks, a Cloud based Accounting and Compliance application platform with a perfect blend of accounting and cutting-edge technology. The software serves as an all-in-one accounting solution for Accounting, GST, Payroll, E-waybill, TDS returns, business finances, bank transactions etc.
HostBooks has taken automation into the next level, it’s simple and conclusive automated workflows helps you to save your precious time immensely. Clients can enter any financial information into the system and set up a workflow that automatically updates all the other accounting information each month or at any required time.
Through AI based automation, HostBooks has been able to solve many time ticking financial responsibilities such as reconciliation, bank transaction imports, and payments, tax returns to quick, simple, effective so, that there’s far less valuable time spent such tasks.
Along with this, HostBooks cloud-based platform gives a complete GST solution in a single enclosure. Helping in overcome the impediments related to GST billing and return filing, an easy import of GSTR-2A, auto-matching, and reconciliation, automatic reminders, and single sign-on authentication, HostBooks works to ease out the burden with the help of automation.
The HostBooks E way bill tool renders an effortless E-way bill generation with an immediate cancellation and rejection facility. The software is integrated with the government portal providing real-time updates. All the applications are also available as mobile apps, enabling users to access the information through its mobile device.
Know why HostBooks is the fastest growing accounting solution for SMEs
NEW DELHI, 19 March, 2019
With an increase in exposure to global markets and changes in the tax structure, small and medium business have evolved. Today, SMEs require a structured approach, tools, automation-in-process to meet the deadlines.
An accounting software needs to help in automation, analytics, tax management, billing, data security and payroll system. This not only saves time and resource but adds value to the business. HostBooks, an integrated all-in-one cloud-based application, enables users to maintain Accounting, Tax, GST, TDS, E-Way Bill and Payroll records.
The automated accounting software offers single-click filing service for small and medium businesses with the vision to make the whole process of accounting and compliance hassle-free and easy to understand.
HostBooks comprehensive platform for all accounting needs minimizes time, resource and chances of human errors. Being on the cloud, it is available to the customer on-the-go and helps in reducing the cost of IT infrastructure significantly.
Conventional accounting process revolves around bookkeeping, banking, MIS, reporting, compliances, internal & external audit, and involves a lot of repetitive work. Whereas modern businesses demand to focus on business performance analysis, trend analysis, competition analysis, on the go accessibility, data protection and yet easy to use, hassle free, with simple and multiple data points for external integration.
HostBooks combines the usual accounting practices with cutting-edge technology. A person does not have to be an accountant to use the software unlike other accounting software programs available in the market. In order to start managing your finances with HostBooks, all you need to have is basic knowledge of computers and minimal accounting knowledge.
HostBooks Founder & Chairman CA Kapil RANA meets ICAI President
Thursday, March 14, 2019, New Delhi – IN
HostBooks Founder & Chairman, CA Kapil RANA met the ICAI President, CA Prafulla P. Chhajed today at ICAI Headquarters, New Delhi. Central Council Member, CA Charanjot Singh Nanda, ICAI Acting Secretary Rakesh Sehgal, and CA Tarun Arora were also a part of the meeting. The main agenda behind the meeting was to discuss the issues that the Chartered Accountants are coming across.
The meeting began with a discussion of the major accounting issues and how IT can play an important role in curbing the same. According to experts, cloud technology and automation can transform the way Chartered Accountants work. The cutting-edge technology if implemented has a capacity to reduce the time spent on compliance by at least 70%. Consequently, this will save an ample amount of time and enable them to channelize their efforts towards the core processes, requiring immediate attention.
HostBooks Founder & Chairman CA Kapil RANA further elucidated that HostBooks began its operations with the same concept in mind. It aims at providing an apt solution to all the problems that are hampering the efficiency of the Chartered Accountants. HostBooks software has been developed with a perfect combination of accounting and the latest technology. It is an integrated All-in-One cloud-based software, which makes Accounting, Tax, GST, TDS and E-Way Bill easy and hassle-free for the CA fraternity.
In the words of CA Kapil Rana, “We have deployed a combination of cutting-edge technology and accounting expertise to provide our users with a seamless experience. Team HostBooks is committed to helping the Chartered Accountants and also the small businesses in addressing their accounting and compliance needs.”
The experts concluded the meeting saying that Information & Technology plays a pivotal role in taking accounting to the next level. And, companies like HostBooks, which are ready to walk the extra mile will help bring a major transformation in accounting.
HostBooks Launches Automated all-in-one Accounting, GST and Tax Compliance Software in India
NEW DELHI, February 21, 2019
HostBooks officially launches its automated cloud accounting software in India on February 21, 2019. It offers a hassle-free accounting and compliance solution blended with advanced technology on a single platform.
After its successful launch in the USA on January 19, 2019, HostBooks is all set to overcome the struggles of Accounting, GST, E-Way Bill & TDS in India. It aims at transforming and enriching accounting and compliance through its structured and automated cloud-based accounting platform. HostBooks combines the usual accounting practices with cutting-edge technology.Read More...
HostBooks Introduces GST And TDS Accounting Software In India
NEW DELHI, January 17, 2018
Hostbooks, a company incorporated in 2009 into accounting solutions for individuals and business unveiled the new accounting suites on the cloud for their B2B business partners. The company’s new software suite is a comprehensive platform for Accounts, GST, TDS and Payroll.
HostBooks with their punch line “The language of business” is all set to transform and redefine the method of maintaining accounts books and tax compliance in India. The initial monthly costing in the Indian market will be in the bracket of INR 1,000 to INR 2,000 and for the USA market, it will be starting from USD 50. The company has a team size of 120+ in India and USA.
HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana
Hostbooks is an integrated All-in-One cloud-based application, which enables users to maintain Accounting, Tax, GST, TDS, E-Way Bill and Payroll records providing statutory compliance and single click filing service for small and medium businesses. Hostbooks is been developed using automation techniques with the latest technology.
In India with the changes in the economy and tax structures, statutory compliance has become more complex and cumbersome and SME’s have to invest their valuable resources/time/money in complying with various recurring (monthly/quarterly/annually) compliances rather than focusing on their core business. In India, Hostbooks envisages making the whole process of accounting and compliance automated, easy to understand and hassle-free.
Hostbooks is a versatile platform catering to all industries focusing on medium and small enterprise (SME’s) in India. It also showcases its expertise to cater needs of the professionals like CA’s, Accountants, Cost Accountants, and Tax Practitioners.
Automation of accounting and compliance function is the unique offering of Hostbooks. Moreover, a person does not have to be an accountant to use our software unlike other accounting software programs available in the market. In order to start managing your finances with HostBooks, all you need to have computer knowledge and minimal or limited accounting knowledge.
20 Most Promising Accounting & Bookkeeping Service Providers – 2018
Silicon India - December - 2018
Knowing well about what happens tomorrow and the day after across the financial ecosystem, is one of the primordial aspects which every business currently requires to stand an edge above the spurting competition. Accounting and bookkeeping in fact has the innate advantage to analyse the data and numbers of today to predict the financial status of any business for the next day as well as its imminent future. Clearly, these services drive the businesses even across the uncharted financial waters and generate efficient plans for their prospective growth.