Simple Accounting Bookkeeping
Download ApkSimple Accounting Bookkeeping Application Screenshots
Simple Accounting Bookkeeping AI Editor's Review
Simple Accounting Bookkeeping offers essential tools for business accounting, invoicing, and inventory management. It's a user-friendly app for small businesses seeking streamlined financial tracking and efficient inventory control. Ideal for managing finances on the go.
Comprehensive Analysis
Simple Accounting Bookkeeping provides a straightforward solution for managing business finances. Key features include invoice creation, inventory tracking, and basic accounting functions. The app's intuitive design makes it accessible to users with varying levels of accounting knowledge. While it lacks advanced features found in more robust software, it offers a convenient way to handle day-to-day bookkeeping tasks. The inventory management is quite helpful. Overall, the app is a solid choice for small businesses seeking a simple and efficient accounting solution.
Key Advantages
- User-friendly interface for easy navigation
- Comprehensive invoicing and inventory features
- Suitable for small business accounting needs
Areas for Improvement
- Limited advanced accounting features
- May require subscription for full functionality
The description of Simple Accounting Bookkeeping
Site Editorial Commentary：Accounting - Track Sales , Purchases, Inventory, Expenses, Payments, Receivables
Business Accounting, Invoicing, and Inventory Management Simplified!Simple Accounting Bookkeeping is designed to help you effortlessly record all your business transactions, including Sales, Purchases, Payments, Expenses, and Taxes. It simplifies financial management for small businesses.
Specifically designed for small businesses, Simple Accounting Bookkeeping enables you to manage your complete accounting needs, even with limited accounting knowledge. Easily send invoices, record purchases, manage expenses, and track payables and receivables. Enjoy a 30-day free trial, after which you can subscribe for unlimited transactions.
INPUT TAXES: Track input credits for VAT/GST on purchases and offset them against taxes payable on sales.
INVENTORY MANAGEMENT: Enable inventory tracking for physical products. Inventory levels automatically adjust with sales and purchases. The Profit and Loss module tracks "Cost of Goods Sold" to accurately calculate profits.
Ideal for businesses dealing in both services and physical products.
Dashboard:
The user-friendly dashboard provides a quick overview of your business finances:
- Monthly Sales and Purchases
- Monthly Payments Received and Made
- Monthly Expenses
- Monthly Profits with summary calculation
- Outstanding Net Payables/Receivables
- Current balances in Bank and Cash Accounts
Sales and Purchases:
- Create multiple Sales/Purchase Accounts to categorize transactions (e.g., by region or product).
- Record sales/purchases with or without creating an invoice (inventory unaffected if item details are omitted).
- Multiple invoice template options.
- Add a logo and signature to invoices.
- Set due dates on invoices.
Payments:
- Record payment transactions when making or receiving payments.
- Track payables and receivables.
- Payment transactions automatically update bank/cash balances.
- Accept partial payments against invoices.
- Accept advance payments even without issued invoices.
Taxes:
- Designed for various tax systems like VAT, GST, and Sales Tax.
- Identify taxes paid on purchases eligible for input credit (VAT or GST systems).
- Offset input credits against taxes collected on sales.
- The app displays Net Tax Payable (difference between Input Credits and Tax on Sales) and records the payment.
Expenses:
- Record expenses paid in cash or on credit.
- Quickly record petty cash expenses without supplier details.
- Record payments for expenses incurred on credit.
- The dashboard helps track major expenses.
Backup and Restore:
- Link your Dropbox or Google Drive account to back up your data.
Ledger and journal Entries:
- View a complete ledger for any account (Client, Supplier, Expenses, Cash, Bank, Taxes, etc.).
- Record complex transactions using simple journal entries based on double-entry accounting principles (Credit and Debit).
