Simple Accounting Bookkeeping

Simple Accounting Bookkeeping is designed to simplify accounting for small businesses by managing transactions like sales, purchases, payments, expenses, and taxes. The app is ideal for users with minimal or no prior expertise in accounting systems, offering an intuitive platform to handle invoicing, expense management, payables, receivables, and profit tracking. With a 30-day free trial, it allows users to explore its features before opting for a subscription to handle unlimited transactions.

Effective Tax and Inventory Management

The app includes robust tools for tax management, allowing you to track VAT or GST input credits on purchases and apply them against taxes payable on sales. This ensures accurate tax calculations to save time and improve compliance. For businesses dealing with physical products, inventory tracking is enabled to automatically adjust stock levels based on sales and purchases. A built-in profit and loss module records costs and calculates profits seamlessly, making it suitable for businesses offering either products or services.

Comprehensive Dashboard and Features

The app stands out with its user-friendly dashboard that provides at-a-glance insights into monthly sales, purchases, expenses, profits, and outstanding balances. You can create detailed sales or purchase records, customize invoices with logos and signatures, and set due dates. Payment tracking ensures cash flow accuracy, supporting advance or partial payments and linking updates to bank or cash balances.

Secure Data Management

Simple Accounting Bookkeeping supports Dropbox for backup and restore, safeguarding your data. It also offers in-depth ledger and journal entries, allowing you to manage transactions efficiently using double-entry accounting principles. This makes the app a reliable solution for simplifying financial management in small businesses.