With an increase in exposure to global markets and changes in the tax structure, small and medium business have evolved. Today, SMEs require a structured approach, tools, automation-in-process to meet the deadlines.
An accounting software needs to help in automation, analytics, tax management, billing, data security and payroll system. This not only saves time and resource but adds value to the business. HostBooks, an integrated all-in-one cloud-based application, enables users to maintain Accounting, Tax, GST, TDS, E-Way Bill and Payroll records.
The automated accounting software offers single-click filing service for small and medium businesses with the vision to make the whole process of accounting and compliance hassle-free and easy to understand.
HostBooks comprehensive platform for all accounting needs minimizes time, resource and chances of human errors. Being on the cloud, it is available to the customer on-the-go and helps in reducing the cost of IT infrastructure significantly.
Making accounting easy for all
Conventional accounting process revolves around bookkeeping, banking, MIS, reporting, compliances, internal & external audit, and involves a lot of repetitive work. Whereas modern businesses demand to focus on business performance analysis, trend analysis, competition analysis, on the go accessibility, data protection and yet easy to use, hassle free, with simple and multiple data points for external integration.
HostBooks combines the usual accounting practices with cutting-edge technology. A person does not have to be an accountant to use the software unlike other accounting software programs available in the market. In order to start managing your finances with HostBooks, all you need to have is basic knowledge of computers and minimal accounting knowledge.
One solution for all problems
HostBooks is designed to take care of all compliance requirements and filing of GST, TDS, E-Way Bill and Income Tax. It has also been able to integrate almost all the banks with its platform making the bank recompilation process completely seamless with built-in intelligence.
HostBooks has also helped to reduce the burden of E-way bill generation and has simplified GST billing, return filing and TDS filings. HostBooks is also great support for the professionals like CA, CWA, CS and accounting Professional, through its CAAT and collaborative (single-sign-on) platforms to manage all their clients.
Amit Mukherji, Co-Founder & CEO, HostBooks says, “HostBooks with its automated cloud accounting software lends a single platform for all the accounting needs including GST billing, E-way bill generation, filing TDS returns, and AI-based bank reconciliations. With HostBooks, the small and medium enterprise owners can manage all their business finances, minimizing the time and human effort. Our software blends the accounting solutions with the present-day technology offering user-friendly interface in such a manner that it can be accessed easily at any place or time.”
Realizing the current need to receive instantaneous reporting and analysis at the hands of the owners, HostBooks has come up with highly regulated and seamless management of finances which can revive the accounting needs in a few seconds.
The ultimate time-saver
Through automation of the process, users can save up to 70 percent of their time spent on accounting tasks. The 100 percent cloud-based software also comes in the mobile application format making users address the opportunity of making entries anytime, anywhere.
“GST has transformed the accounting operations across all industries and still it is at evolving stage in India, in coming days the regulations related to tax compliance are supposed to become smoother, and the automation is going to play a major role in meeting the client expectations and addressing the growing needs of compliances. We have been in the USA markets for the last 8 years, experienced competitive market behaviour and we are well equipped to mitigate those factors,” adds Mukherji.