Editor Reviews

The Simple Accounting Bookkeeping app is an incredibly user-friendly tool designed specifically for small enterprises. It's effortless to navigate, even for those without extensive accounting knowledge. This app enables you to efficiently manage your business' financial activities, including sales, purchases, payments, expenses, and taxes. It streamlines the process by assisting with inputting VAT/GST credits on purchases and reconciling them with the taxes owed from sales. Regardless of whether you deal in services or tangible goods, Simple Accounting Bookkeeping provides comprehensive support for your financial needs.

The app offers an impressive functionality to manage your belongings. By enabling inventory tracking for tangible items, it dynamically adjusts the quantity whenever you make a sale or acquire something new. It calculates your profit by deducting the cost of sold items, providing a comprehensive overview. The intuitive dashboard displays all your sales, purchases, transactions, expenses, profits, and your financial status, including outstanding debts and cash reserves. It also keeps you updated on your bank balance and cash on hand.

Users can create multiple sales or purchase accounts to efficiently organize their transactions based on region, product categories, and other criteria. They have the flexibility to record sales or purchases with or without generating an invoice, and there's a wide range of invoice templates available for sending. By tracking transactions for incoming and outgoing funds, users can effectively manage their payments, monitor their liabilities and credits, and even accept partial payments for invoices. The app seamlessly integrates various tax frameworks, including VAT, GST, and other applicable taxes, ensuring compliance and ease of use.

This app allows you to easily record both cash and credit transactions. The fantastic feature is that you can swiftly note down small cash purchases without needing to recall the vendor. Additionally, it enables you to monitor all significant expenses within the dashboard. I should also mention the option to connect your Dropbox for secure data backup. It's incredibly convenient, isn't it? Access the detailed transaction history for various categories such as clients, suppliers, expenses, cash, banks, taxes, and more. With double-entry accounting, recording complex transactions is a breeze – simply log them as straightforward journal entries (crediting and debiting).

In essence, Simple Accounting Bookkeeping can be considered the perfect application for small businesses to manage their financial tasks. With its intuitive interface and numerous handy features, it streamlines your financial management efficiently.

Features

Finance Management - Monitor and oversee sales, acquisitions, stock levels, expenditures, transactions, and outstanding debts.