Best Free Accounting software
Automate your billing, inventory management and accounting
~2.5 lacs saving
from billing errors
14% increase
in Input Tax Credit
2.5x faster
receivables collection
Trusted by 1 Crore+ businesses for Billing, Inventory and Accounting
``myBillBook is designed for businesses to generate accurate GST-compliant invoices and automate their entire accounting process.``
“Managing account receivables and payables was overwhelming for our retail business. With myBillBook, we now view all account payables and receivables in real-time with 100% cloud access with real-time data sync across all devices. This has streamlined our accounting process and improved our cash flow management.”
Praveen Gupta
E-Mart, Kerala
Recommends myBillBook for:
Product Demo for Free Accounting Software
“Superb customer service. Helped me set up my account as required”
myBillBook’s top features for Free Accounting Software
GST Compliant Invoices
Create customized and professional invoices that comply with government mandates in seconds, all on the cloud. Essential details like party GSTIN, HSN/SAC, and tax components are auto-populated based on the materials in your inventory. Easily generate credit/debit notes, delivery challans, and sales/purchase returns online.
Effortless E-way Billing & E-Invoicing
Generate e-way bills with a click for relevant transactions on the cloud. myBillBook enables you to send authenticated e-Invoices for B2B transactions electronically via GSTN, all online.
Easy GST Returns Filing
Generate and file error-free GST returns with GSTR-1, which details outward supplies of materials, all on the cloud. Reconcile GSTR-2 for monthly purchases/inward supplies online. GSTR-3b provides a consolidated summary of outward supplies, inward supplies, and ITC available, all accessible online.
Track Account Receivables & Payables
View real-time account payables and receivables for customers and suppliers with party-wise outstanding reports on the cloud. Track outstanding customer payments with the Receivable Ageing Report, all online.
Manage Cash & Bank Accounts
Manage cash registers, record customer payments to bank accounts, transfer money between accounts, view detailed statements, and track payments across different modes, all on the cloud.
Inventory Management
Automatically track and update stock with each sales or purchase invoice on the cloud. Quickly add items from a library of over 1 lakh products, edit items in bulk, and set low stock alerts.
Automated Billing
Automate invoice creation with precise tax calculations and custom branding on the cloud. Flexible bill generation options include yearly, monthly, weekly, or custom periods.
myBillBook helps Business succeed
“Creating custom invoices that comply with government mandates has never been easier. myBillBook auto-populates essential details like GSTIN, HSN/SAC etc allowing us to generate credit/debit notes, delivery challans, and sales/purchase returns effortlessly.”
Rakesh K,
7 Mart – Chennai
“Generating e-way bills and e-invoices used to be time-consuming. With myBillBook, we create e-way bills with a click and send authenticated e-invoices electronically via GSTN for our B2B transactions, all managed online effortlessly.”
Shivam Jain,
Wholesale Business Owner – Banglore
“Keeping track of cash and multiple bank accounts was difficult. With myBillBook, we manage cash registers, record payments, transfer money between accounts, and track payments across different modes, all on the cloud/online web.”
Mahesh Roa,
Clothing Retailer – Delhi
Pricing plans
Diamond Plan
₹217
Per month. Billed annually. Excl. GST @18%
✅ Create unlimited invoices
✅ Add up to 1 business + 1 user
✅ Inventory management
✅ App + Web support
✅ Priority customer support
✅ GSTR reports in JSON format Popular
Platinum Plan
₹250
Per month. Billed annually. Excl. GST @18%
Everything on Diamond Plan +
✅ Add up to 2 business + 2 user
✅ 50 e-Way bills/year
✅ Staff attendance + payroll
✅ Godown management
✅ Whatsapp and SMS marketing Popular
Enterprise Plan
₹417
Per month. Billed annually. Excl. GST @18%
Everything on Platinum Plan +
✅ Custom invoice themes
✅ Create your online store
✅ Generate and print barcode
✅ POS billing on desktop app
✅ Unlimited e-Invoices & e-Way bills
Simple Billing and Accounting Software
Are you fed up with having to manage your day-to-day business logs? Simplify your task with myBillBook online accounting software!
Bookkeeping and accounting can be a real hassle. This is precisely why you need an online accounting software solution.
The best free accounting software stores and analyses your business’s financial data while also offering allied services like invoicing, payroll, bill payment, and financial reporting
Why Use myBillBook?
Generate GST & non-GST invoices
Create customised GST & non-GST invoices, quote, estimate, and purchase orders for your clients
Manage your inventory
Track & manage all your inventory, get low stock reminders and makes sure that you are never out of stock
Analyse Business Reports
Make data-driven business decisions based on reports & insights like GST reports, P&L, stock summary, etc.
Send business card & greetings
Build your professional identity by sharing business cards and greetings with your business logo
Best Accounting Software
Are you on the hunt for the best mobile and desktop accounting software?
Your search for the best accounting software in India ends with myBillBook online accounting software!
myBillBook is the best accounting software in India because it offers a whole range of useful features and its simplistic and user-friendly interface.
The app’s dashboard will provide you access to all your accounting, billing, and invoicing needs in one place. Everything is integrated seamlessly to deliver an enjoyable and hassle-free user experience. Rest assured, if you choose myBillbook, you need not look anywhere else for your accounting tasks – we’ll take care of everything!
Why use myBillBook accounting software?
If you are wondering what is so special about the myBillBook business accounting software, here is a sneak peek at why myBillBook is an ideal choice when it comes to free billing and accounting software (India):
- Create professional bills and GST inventories
Create fully customisable bills and GST invoices with the right professional touch. Not just that, print them as per your needs only with myBillBook free accounting software (India).
- Manage business inventory
Seamlessly manage and update your business inventory with features like stock adjustment and low stock reminders.
You can choose pharma and FMCG items from over one lakh items in the myBillBook standard item library.
You can also conveniently transfer items and clients from other software such as Tally and Vyapar to myBillBook.
- Collect payments faster
Digitally collect payments and send payment reminders to clients.
- Keep track of accounting
Easily record all your business transactions, quotations, returns, sales, and purchases.
- Go online with your business
Boost sales by creating custom mobile apps and websites for your business.
- Analyse your business with reports
Get comprehensive business reports, including GST reports, for better management of your business.
- Share your business identity
Share personalised business cards and exclusive festive greetings to your clients.
- Enjoy complete security
myBillBook employs the most sophisticated encryption technology to ensure that your data is 100% safe and secure.
- Stay connected
Enjoy seamless data sync between your smartphone and desktop/laptop with myBillBook free online accounting software.
- Automatic backup
With the auto data backup feature of myBillBook free business accounting software, you don’t ever have to worry about losing your data.
- Language support
myBillBook is one of the best free accounting software (India) that offers robust language support in English, Hindi, and Hinglish.
- 24×7 customer support
The WhatsApp support team at myBillBook is super quick at resolving your queries.
Why use accounting software for small businesses?
You might wonder how an online bookkeeping and accounting solution can benefit small businesses. We’ll tell you how!
When you own a small business, there are many ways you can save time and money. One such way is to resort to an online accounting system and download accounting software to avail professional and accurate online bookkeeping services for free or at an affordable cost.
If you are a small business owner, here are the perks an online accounting software for small businesses can deliver:
- Centralise the task of financial management of your business.
- Save time and resources by integrating invoicing, inventory management software, as well as customer relationship management into one accounting software program.
- While the old pen and paper method is favoured by many, there is no denying that significant errors creep into manual calculations. But with ledger software doing your financial calculations, you can be sure that all the calculations are accurate.
- Tax filing for your business becomes easier because online accounting systems offer detailed business reports that provide you with a comprehensive idea of the taxes your business has paid over a period of time.
- The utility of business reports does not end at simplifying tax compliance. The analysis reports reflect how your business is doing, allowing you to make informed financial decisions.
- Using a small business financial software binds you to stay updated with the electronic entry of each and every transaction, keeping you in sync with the current financial tempo of your business.
- Further, when you have accounting programs keeping all your business records, you can access accurate information anytime and anywhere and ensure that you are always connected to your business and clients.
What does myBillBook’s free plan offer?
Curious to know about the free plan offers that myBillBook has in store for you? Trust us, you will not be disappointed!
Making an account with myBillBook online billing software is free and most of its services can be availed at absolutely no cost. However, some premium features fall under the paid category, such as GSTR-1, GSTR-2, GSTR-3B reports, and adding staff members to the app.
Features of myBillBook accounting software
myBillBook comes with a host of online bookkeeping services to help your small business grow.
- Create bills and invoices
- With myBillBook accounting software, the online creation of professional bills and GST invoices is a matter of seconds.
- Customise invoices for any type of industry (electronics, pharmacy, FMGC, etc.) or business (retailer, wholesaler, trader, distributor, stockist).
- Choose from a range of different invoice templates.
- Share bills instantly over email and WhatsApp.
- Print your bills and invoices as needed.
- Create quotations, payment receipts, purchase vouchers, delivery challans, and more.
- Manage stock inventory
- Upload full stock inventory with options to choose from a library of over one lakh FMCG and pharma products and transferring items from other accounting apps.
- Get low stock alerts.
- Create categories and organise your inventory.
- View the entire stock history.
- Manage accounts
- Fast payment collection with a feature that enables you to send automatic payment reminders to clients.
- Receive timely reminders for pending payments.
More built-in features
myBillBook has more to offer than just simple invoicing and bookkeeping. It comes with a range of built-in features to cater to small businesses.
If you want to download free accounting software, myBillBook is one of the best out there. Our services do not stop at creating and printing invoices – you can manage your accounts receivable and accounts payable in just a few clicks.
If your business requires specific solutions like transportation billing software, myBillBook provides seamless support to handle invoicing and accounting tasks, along with managing accounts receivable and payable in just a few clicks.
Besides, myBillBook comes with several built-in features like:
- Comprehensive business reports
- Get exhaustive business reports, including GSTR-1, GSTR-2, and GSTR-3B reports (paid features), party statement, sales report, profit and loss report, stock summary, and more.
- Digital store to increase sales
- Set up your online store and usher in more orders directly from customers.
- Share business cards and personalised festive greetings with your parties
- Automatic data sync between your smartphone and desktop with cloud backup
FAQs – Free Accounting Software
What is online accounting software?
Online accounting software is a cloud-based solution that handles various accounting and online bookkeeping processes such as billing, invoicing, creating estimates, expenses, etc. Such software is lawful and stores your accounts and financial data in a secure online environment for you to access anytime and anywhere.
What can I do with online accounting software?
Here’s what you can do with online accounting software:
Keep accurate financial logs
Create and send invoices
Record expenses
File tax returns
Create estimates and quotes
Create forecast and budgets
Check profit and loss
Can I access the accounting software from my mobile?
Yes, absolutely. Almost all online accounting software comes with a freely downloadable mobile application with all the desktop features packed into one.
Do I need to know accounting to use the online accounting software?
You do need to have a fundamental understanding of accounts such as your accounts receivable and accounts payable. But if your current financial records are on an Excel sheet or paper, shifting to an online ledger software will help you easily spot trends and opportunities and help you make improved business decisions.
Is it safe to keep my financial data in the cloud?
It is generally safe to store your financial data in the cloud. However, you should always verify the authenticity and track record of your chosen accounting software provider. Look out for safety features such as data encryption (SSL encryption) and do a thorough online research to ensure that the accounting software provider has not been involved in any significant security violations.