I am planning to start a Sole proprietorship for export and later if the business expands then convert it to a Pvt Ltd.
Being a Sole proprietor the nature of the transaction would be:- making or purchasing products from India and then selling to other countries either through visiting that country's trade fair or transporting the product directly to that country's retail shops.)
But I don’t know what are the names of the accounts I must maintain.
someone told me that you can use tally but I find it difficult to use for someone who has less knowledge of accounts. so I am looking for free or less monthly fee accounting software also should not use coulud based date processing due to security issues (run and use only laptop). I did lots of research on the internet but on quora, different people give different reviews and it's difficult to choose which one is best for me.
here is the list :-
winfa
OneStop Accounting Software
Clear Tax
Tally ERP 9
Reach GST
NetSuite
Zoho Books
QuickBooks Online and QuickBook Desktop Pro and QuickBooks Desktop Enterprise
Sage Intacct
XERO
FreshBooks
Busy Accounting Software
Intuit Quickbooks
ProfitBooks
Logic
MargERP
Vyapar
Bearbook
Kashoo
Zipbooks
Easy Accountx
IDOS (Starts at only Rs 250 a month)
MYOB
I am looking software that uses a simple approach to make accounts. For example, first, provide a template that includes all types of transactions showing in which account they should come and on what side, and then I can relate my transaction so that I can simply insert those transactions to the relevant account based on the template and then export those account file in generic format xls or X M L or universal format that can be used by others in other accounting software also and then I simply send to the CA for review or may be able to generate an Audit report using those account and then send to CA for review and digital signature so that I can upload it to MCA portal. or maybe if required to generate IT or GST Audit reports.
CAclubindia
