This blog contains-
Where do small businesses keep their accounts?
- Initially,the future trajectory of your small business largely depends on your present actions. Therefore, accounting poses a significant challenge for small enterprises. Consider the implications if you were to overlook tracking financial transactions and managing expenses, steering your business based on speculative decisions.
- The consequence?A slow down (yellow light) followed by a halt (red light) in your business operations. Such an undesirable outcome is something no business owner wishes for. Accounting stands as the pillar ensuring that your business maintains a green light – consistently moving forward.
- Furthermore, in this era of information technology, merely jotting down financial data in notebooks or traditional ledgers is inadequate. As mentioned earlier, whether you're not keeping business accounts or preserving them through conventional means, this blog is particularly pertinent for you.
What defines an accounting app or accounting software?
Accounting software serves as a unified platform designed to record and archive various financial transactions across businesses. It enables a comprehensive understanding of a business's financial status through accessible reports when necessary.
This software facilitates tracking all business transactions, generating reports spanning different timeframes, managing customer and supplier contacts along with their balances, creating and sharing invoices, monitoring expenses, and assessing business capital or balance. Additionally, it offers the flexibility of accommodating multiple users as needed, all within a singular platform.
The true essence of quality accounting software lies not only in organizing and maintaining every aspect of a business's accounts but also in compelling accuracy. This capability stands as the inherent magic of accounting applications or software!
Are you considering an accounting app?
Increasingly, small and medium-sized businesses worldwide are embracing modern accounting software to streamline operations and cut down on time, labor, and management expenses. The widespread adoption of platforms like QuickBooks Online, Xero, FreshBooks, Wave, and others speaks volumes. As we step into 2024, why lag behind? Embrace modern accounting software to manage your business accounts efficiently.
Traditionally, many small traders relied on maintaining daily accounts in handwritten ledgers or diaries. However, it's time to break away from these time-consuming practices and embrace innovation. In Bangladesh, the significance of user-friendly, high-quality accounting software is on the rise.
These software solutions cater to various businesses, including small factories, online merchants, cable or distribution vendors, fashion houses, departmental stores, car dealerships, e-commerce sellers, pharmacies, local grocers, and a myriad of retailers and wholesalers. As a small business owner, it's imperative to leverage accounting software tailored to your business needs and optimize your time.
What accounting apps serve small businesses best?
Absolutely, there are options available. While some accounting software mentioned earlier caters primarily to larger enterprises, specialized accounting applications now target the needs of small business owners in our country. These apps are designed with bilingual support in Bengali and English, considering the specific nuances and practices prevalent in Bangladesh's business culture. Examples of such accounting apps include Hishabpati,Hisabee, Talikhata, and more. These apps integrate features that resonate with the local business landscape, offering tailored solutions for small businesses
Introducing HishabPati: Your Complete Digital Ledger Book!
In BangladeshHishabPatistands out as a favored accounting software tailored explicitly for small business owners. Available seamlessly on both mobile and web platforms, this application is purpose-built for managing small business accounts. Interested users can easily download the app for free from the Google Play Store and access its basic package without any charges. Now, let's delve into why Hishabpati ranks as the top accounting app for small business owners.
Why HishabPati Excels in Small Business Accounting!
Before entrusting an accounting app with your business accounts, certain crucial considerations come into play. Here are the key factors to consider before selecting an accounting app for small businesses:–
- Can the app be used in both mobile and web versions?
- Can all tasks be completed in the mobile app?
- It is very important to have an easy way to operate the app and a simple language for the common users. Do not need separate training to use the app!
- Is the platform taking full responsibility for data security?
- Most importantly, is the app tailored specifically for your small business?
- Is the app subscription fee within your reach?
Why Rely on HishabPati?
Understanding why small business owners should opt for an accounting app boils down to three pivotal points, shedding light on why HishabPati stands as the ideal choice:
01. User-Friendly Interface
02. Tailored Features for Small Businesses
03. Cost-Effective Subscription Plans
HishabPati’s User-Friendly Approach for Small Business Owners:
- Interface Simplicity: Hisabpati boasts an intuitive, mobile-friendly interface, requiring minimal technical expertise. No extensive training is necessary, enabling any small business owner to navigate the app effortlessly.
- Language Flexibility: Offering both Bengali and English languages, catering to diverse user preferences.
- Versatile Accessibility: Accessible across smartphones, tablets, and computers, providing the flexibility to manage business accounts from anywhere. It’s entirely feasible to handle all business accounting tasks by simply installing the app on your smartphone.
- Offline and Online Functionality: Operable in both offline and online modes, allowing updates and data input irrespective of internet availability. Offline data input syncs seamlessly when the device reconnects, ensuring data integrity.
Exclusive Features for Small Businesses:
- Unlimited Product Addition: Option to add an unlimited number of products and a comprehensive product search feature.
- 'Parties' Feature: Stores supplier and customer contact details along with transaction histories.
- Balance Messaging: Allows sending balance messages for accurate and updated balance tracking.
- Report Sharing: Capability to share PDF and Excel reports categorized by party and product, spanning daily, weekly, monthly, and annual periods.
- Data Integrity: Ensures data sync and verification options, eliminating the risk of data loss.
- Expense Management: Varied options to manage business expenses, optimizing control and boosting profits.
- Customization: Options to print transaction challans or invoices and create customized invoices based on preferences.
Affordable Subscription Packages:
HishabPati's fee is minimal. Small business owners spend every month on maintaining their accounting records in notebooks or ledgers, and this cost is even less than that! There are three affordable packages with three different durations.
- 01. Basic Package: The basic package is completely free!
- 02. Premium Package: The monthly subscription fee for the premium package is just BDT.99. And there's a 17% discount on annual subscriptions! It will cost only 999 taka in a year!
- 03. Business Package: The monthly subscription fee of Business Package is only 199 taka! And there is a 17% discount on the annual subscription, just like the premium! So the cost is only 1990 taka in a year!
From google play store Download the HishabPati app and use the app's basic package which is free. If the app can help manage your business's accounting, then purchase a subscription package of any duration at a low price.
Lastly-
You require a reliable accounting app.
Whether you run a small, medium, or large business, the necessity of a robust accounting app pervades all aspects of modern business operations. While you dedicate time and effort to manual ledger writing and invoice management daily, other traders have moved ahead. So, why hold yourself back?
Initially, there might be a hint of resistance to transitioning to a digital ledger. However, after a few days of using an accounting app or software, users tend to adapt quickly. Don't let initial hesitation hold you back! Experience the remarkable efficiency of accounting technology firsthand, where a day's business accounts are effortlessly updated in just a few clicks.
