Accounting software for small businesses. Books that keep themselves.

Accounting software keeps a business's books by double entry: every transaction is recorded as equal debits and credits in a chart of accounts, so the trial balance, profit and loss and balance sheet always add up. For a small business, the best kind builds the books from the invoices, payments and bills you already record, instead of asking you to type every entry twice.

No. From the start date you choose, every invoice, credit note, customer payment, supplier bill, bill payment and expense posts a balanced entry on its own, and is reversed and posted again if it changes. You or your CA can still add manual journal entries for things like depreciation or loans.

Trial balance, profit and loss (with a comparison to the year before), balance sheet (with a comparison to a year earlier), general ledger, customer and supplier ledgers, the TDS report and stock valuation. Each can be printed or downloaded as a CSV.

It starts from a standard Indian chart of about 50 accounts in five types and Tally-style groups: cash, bank, sundry debtors and creditors, input and output CGST, SGST and IGST, TDS receivable and payable, capital, sales, purchases and common expenses. GST and TDS post to their own accounts. Have your CA review the chart for your business.

Yes. Upload your bank's CSV statement, and lines are matched with the payments, receipts and entries in your books. Clear matches are made automatically; the rest you match, post to an account or ignore, and the screen shows any difference left unexplained. See bank reconciliation for small businesses.

Posted entries are permanent, as accounting rules expect: a mistake is corrected by reversing the entry and posting a new one, and both stay in the history. Entries made from invoices and bills follow those records automatically when you change them.

Yes. An owner or admin can lock the books up to a date, for example once that month's GST return is filed. Nothing dated on or before the lock date can then change the books.

Yes. Year-end moves the year's income and expenses into Retained Earnings with one closing entry dated 31 March, after checks for anything unfinished. A closed year can be reopened by an owner or admin, with a reason, and the history is kept.

Yes. Choose a start date and enter what the business had and owed on that date as opening balances: bank, cash, debtors, creditors, stock, loans and capital. They post as one entry.

Business and Enterprise. Starter and Growth keep invoices, payments, expenses and reports without double-entry books; you can move up when you need them, and your records come with you.