How to Improve the Accounting Workflow of a Chartered Accountant?
If you are a Chartered Accountant, have own CA firm, you will be taking care of your business premises, services offered, working capital and other aspects, but you also need to use some best accounting software in India to improve the accounting workflow. This is still relevant after the implementation of the Goods and Services Tax (GST) in India, because the Government of India wants SMEs to maintain financial transparency.
There is no substitute of using the best accounting software in India, because it will help you to keep business financial data in a proper format and also also help CA prepare and provide financial and account statements as per the required standards. If you use an accounting software, it will allow you to have a computerized verification, classification, summation, and measurement of a business’ financial data. An accounting software will help generate tax invoices and manage levied GST.
Some of the best software are:
Tally. ERP 9
It is one of the best business accounting software, that assists to prepare and manage ledgers and journals, credit and debit notes balance sheet, profit and loss statements, trial balance and cash flow.The features that you will get are financial management, taxation, billing and invoicing, multiple company support and HR and Payroll management.
To know some other examples, read: https://blogbeats.me/blog/india/improve-accounting-workflow-with-accounting-software-india/5bbca5ec73a9c9000941fbfc
October 26th, 2018