Accounting Bookkeeping - Track expenses easily

Business Accounting, Invoice, Inventory Management

Simple Accounting Bookkeeping offers a straightforward way to record various transactions including sales, purchases, payments, expenses, and taxes.

Designed for small businesses, Simple Accounting Bookkeeping caters to all accounting needs and can be used without extensive knowledge of accounting principles. Users can create invoices, track purchases, manage expenses, and monitor payables and receivables. The app offers a free trial for 30 days, after which a subscription can be purchased for unlimited transactions.

INPUT TAXES: The app enables tracking input credits for VAT/GST and other taxes on purchases, allowing users to offset them against taxes payable on sales.

INVENTORY MANAGEMENT: For businesses dealing with physical products, inventory tracking can be enabled. The app automatically adjusts inventory levels after each sale and purchase. The Profit and Loss module calculates "Cost of Goods Sold" and profits derived from sales.

Moreover, the app is beneficial for both service-based and product-based businesses.

Dashboard:

The user-friendly Dashboard provides key features such as:

- Sales/purchases for the month

- Payments received/paid for the month

- Expenses incurred in the month

- Profits earned with a summary calculation

- Net payables and receivables

- Current balances in bank and cash accounts

Sales and Purchases:

- Create multiple sales/purchase accounts for classification purposes (by region, product type, etc.)

- Record sales/purchases with or without creating invoices

- Various invoice templates available

- Customize invoices with logos and signatures

- Set due dates on invoices

Payments:

- Record payment transactions for both making and receiving payments

- Track payables and receivables

- Auto-update bank/cash balance with payment transactions

- Ability to accept partial payments or advances against an invoice

Taxes:

- Support for multiple tax systems like VAT, GST, Sales Tax, etc.

- Recognize taxes paid on purchases for input credit

- Offset input credits against taxes collected on goods sold

- App calculates net tax payable and records the payment accordingly

Expenses:

- Record cash or credit expenses

- Quickly record petty cash expenses without supplier details

- Record payments for credit expenses

- Dashboard feature helps monitor major expenses

Backup and Restore:

- Link Dropbox account to backup data on Dropbox/Google Drive

Ledger and Journal Entries:

- View complete ledger for any account including clients, suppliers, expenses, cash, bank, taxes, etc.

- Record complex transactions using double-entry accounting principles through journal entries (credit and debit system)

About Accounting Bookkeeping

Accounting Bookkeeping is a business app developed by Tacktile Systems Private Limited. The APK has been available since August 2019. In the last 30 days, the app was downloaded about 27 thousand times.

It's highly ranked.

It's rated 4.59 out of 5 stars, based on 4.6 thousand ratings. The last update of the app was on November 12, 2024. Accounting Bookkeeping has a content rating "Everyone".

Accounting Bookkeeping has an APK download size of 14.76 MB and the latest version available is 1.292. Designed for Android version 4.4+. Accounting Bookkeeping is FREE to download.

Primary Features

Sale, Purchase, Expenses

Professionally Manage all your primary business functions like Sales/Invoicing, Purchases, and Expenses. Highly customizable business-owner friendly application that works seamlessly on mobile, web and cloud. All Ledgers are created automatically.

Payment Tracking

Can record all sorts of complex payments such as partial payments, lumpsum payments, Advance payments, sales on Credit or Immediate payments. Track these invoice-wise or Customer wise. Keep your Cash/Bank balances up-to-date & Track Payables and receivables with ease.

Inventory Management

Supports both FIFO and Average Cost Inventory methods. Reporting of product-wise Inventory Valuation and COGS(Cost of Goods Sold) values. Automatic inventory updates on Sale & Purchases Also features inventory reconciliation and Automatic Low Stock Alerts

Order Management & Estimates

Manage complete lifecycle of your Sales & Purchase processes. You can generate Estimates / Quotations and also keep track of Sales Orders received and Purchase Orders placed .Convert Orders and Estimates to invoices when they are confirmed. Keep track of fulfilled and pending orders.

Taxes and Discounts

Standard / Customized taxes and discounts once set, as per company’s laws & benefits gets applied automatically.

Reports

Dynamic Reports to view your sales, purchase, profit, and loss. Simplified Charts and Account statements for customers and vendors. Client vs Product Reports.