Tuesday, May 3, 2011

Simple Easy and Free Accounting for Your Business

Finance, without a doubt is one of the major most activities for any business. Especially for the Small and Medium Enterprise, money matters are those which are of utmost priority at all points of time. Managing finance is a critical activity which requires much patience and expertise. As an example, almost every start-up agrees to the fact that apart from the core team they have, one of the crucial most elements of their team is a CA (chartered accountant) which is someone who handles the finance part for the start-up.

Challenge for SMEs: finance
The challenge that most of the SMEs face in terms of their finance is towards managing the various aspects of finance. For start-ups a simple, agile and inexpensive processes of managing finance is crucial. There are many elements which are involved and are to be a part of the financial structure of a start-up are:

  1. Billing
  2. Cash Control
  3. Stock control
  4. Accounts Receivable
  5. Cash flow management
  6. Business management
Myabakus.com solves the puzzle for you!
Myabakus.com solves the financial puzzle for your SME and for free. Its a simple book-keeping software which comes in both (free and low cost) modes, which keeps your business finances organized. Because knowing where it stands financially is important for the survival and growth of any business. And because you want to be sure that your business is producing an adequate financial return on your personal effort and commitment.

  • Would you like, but haven’t been able, to get a clear financial picture of your business?
  • Are you doing accounting just to comply and not to help you run your business?
  • Not sure where the money generated by your business ends?
  • Are “software” and “accounting” words you associate with headaches?
How do I use this software?
Interestingly the following video explains everything about myAbakus:

Billing:

Accounts Receivable:
Cash Control:
Cash Flow Management:

Stock Control:
How do I start?
The basic form of myAbakus is free for SMEs, which they can subscribe to by clicking on the "Sign up for free" button the website: http://www.myabakus.com/en/pricing . the other pricing models which they have are as follows:

Can I get the software customized for my specific business needs?
Yes! You can customize the software, for your very many business needs. There are multiple business needs which may differ from business to business based upon how a business is operationally organized.

There are many such online tools available, which are benefiting the Small and Medium Enterprise segment. To know more, get in touch with the experts at IndiaMART Knowledge Services. Do drop in a comment to this post to let us know what else would you want us to share about!

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