Accounting is right at the center of any successful business endeavor, and with the fast-paced changing business environment in India, accounting software has become an essential now. Manual book-keeping, that used to be standard, is gone a long time ago. These days, small business firms to major corporates are all using high-end software products for managing accounting tasks efficiently. Every human possesses some skills; in the same manner, softwares used in accounting also come in various versions with different properties and applications.
Now, as a lot is being offered to pick from, what do you choose as the finest accounting software for India?
This blog will take you through the Best Accounting Software for 2025, detailing their features, advantages, and appropriateness for different businesses. Whether you’re a small businessman, a freelancer, or a small business, there’s something for all.
List Of The Best Accounting Software For 2025
1. TallyPrime
TallyPrime is also regarded as being the best accounting software in India. It is generally known for having an easy-to-use interface and the capability to manage intricate financial processes with ease. Tally has earned a reputation over time as a trusted solution, thus becoming a default choice for Indian companies. Being GST compliant and multi-language support enabled, Tally keeps companies ahead of regulatory compliance and efficiency in operations. It has multiple versions of the application to appeal to a wide range of users.
Key Features:
- Invoice and ledger creation
- Cheque printing
- Instant reports
- Automatic bank reconciliation
- Cost estimates
- Analysis of profits
Pros:
- Allows companies to share orders and invoices via WhatsApp.
- Facilitates multi-currency support.
- Enables companies to add payment links and QR codes to their invoices.
Cons:
- No separate package available based on business size.
Pricing:
Tally offers flexible pricing plans, making it accessible for businesses of different scales.
Website: https://tallysolutions.com/
2. Marg ERP
Marg is best erp accounting software in India , as it provides industry-specific solutions, which makes it a flexible option. Its flexibility has made it a favorite among companies operating in the pharmaceuticals, FMCG, and manufacturing sectors. Marg’s powerful inventory and billing management tools guarantee smooth business operations. Furthermore, its module customization makes it a great option for companies that have specific business operation needs. This application is also ideal for growing businesses that are preparing to e-file their taxes.
Key Features:
- Automatic bank reconciliation
- Online payment system
- Companies can manage their business from a single platform
- GPS tracking application
- Mobile application to integrate orders and inventory
- Cloud-compatible versions available
Pros:
- Options to book a demo before subscribing.
- Presence of advanced reporting options that promote accurate business decisions.
Cons:
- Email support can be unsatisfactory at times.
Pricing:
Marg ERP is cost-effective, with options for small and medium enterprises.
Website: https://margcompusoft.com/
3. Vyapar
Vyapar is best accounting software for small businesses in India, traders, and shopkeepers who require an easy-to-use and intuitive accounting solution. It offers all the features required to generate GST-compliant invoices, maintain inventory, and monitor business expenses.
Its mobile app is especially favored by users who require accounting functionality on the move. Vyapar’s offline feature provides seamless access even in regions with poor internet connectivity.
Vyapar is a free application for invoicing, inventory and accounting for businesses.
Key Features
- GST compatibility
- Automatic backup of files
- Free trial for premium features
- Availability on mobile applications and PCs
- Automatic payments
- Contact business insight monitoring
- Invoice creation and printing
Pros:
- Options to make customisable invoices that can promote brand establishment.
- Comes with free invoicing software that can generate professional-looking quotations.
Cons:
- No separate solution for large-scale businesses.
Pricing:
Extremely affordable with a free trial option.
Website: https://vyaparapp.in/
4. Zoho Books
Zoho Books is among the best cloud accounting software in India favored by modern businesses because of simplicity and seamless integrations.
Its automation capabilities reduce manual work so that businesses can focus on growth. The software integrates with the entire Zoho ecosystem, i.e., CRM, HR, and project management tools. This makes it an excellent choice for businesses looking to automate many aspects of operations.
Zoho Books offers simplicity within its accounting software. Numerous businesses use it to take care of their accounting duties and organize transactions.
Key Features:
- End-to-end accounting
- Tax compliance
- Mobile app
- Inventory tracking
- Time tracking
- 50+reports including profit and loss, inventory summaries and sales tax reports
- 14-day free trial
Pros:
- Enables users to add separate billing entities.
- Efficient payment tracking.
- Options to create estimates for invoices.
Cons:
- Limited invoice customisation options.
Pricing:
Flexible subscription plans make it scalable for growing businesses.
Website: https://www.zoho.com/in/books/
5. Xero
Wave is an open-source accounting software that is ideal for freelancers and small businesses. Though free, Wave has robust capabilities such as invoicing, scanning receipts, and tracking expenses. It is particularly favored by solo entrepreneurs who require dependable tools with minimal capital outlay. Yet, companies can choose to purchase add-ons such as payroll services for extended capabilities.
Key Features
- Inventory tracking
- Recurring invoices
- Track projects
- Multi-currency accounting
- Online and PDF quotes
- Integrations with 700 different apps
- 24/7 support via email and live chat
Pros:
- Supports integrations with third-party apps like Stripe, Dext, Vend, etc.
- Enables bank account connections with 21,000+ global institutions.
- Facilitates seamless multi-currency accounting.
Cons:
- Lacks separate offerings for large enterprises.
Pricing:
Subscription-based pricing, tailored for businesses of different scales.
Website:
6. FreshBooks
FreshBooks is aimed at keeping accounting easy for freelancers and small businesses. The most significant aspect of FreshBooks is time tracking, which comes in handy for consultants and freelancers who charge by the hour.
The application can generate professional invoices within a few minutes. FreshBooks also supports expense tracking and project management, which makes it an end-to-end solution for service businesses.
Key Features:
- Professional invoicing templates.
- Time tracking and client management tools.
- Expense and project tracking.
Pros:
- Options to try FreshBooks free for up to 30 days before subscribing.
- Automated client follow-ups allow businesses to focus on what’s important.
Cons:
- Lacks service options for medium and large-scale enterprises.
Pricing:
Affordable monthly plans based on business needs.
Website: https://www.freshbooks.com/
How To Select The Best Accounting Software
When picking software, the following should be considered:
- Ease of Use: Select a system that doesn’t need complex accounting expertise.
- Customization: Ensure the software has the ability to change according to your business needs.
- Cost: Find software whose features suit your budget.
- Customer Support: Proper support is key to fixing issues promptly.
- Integration: Having the capability to connect with other business tools is an added advantage.
Conclusion
These top 10 best accounting software in India, have different features, price plans, and appropriateness for various kinds of businesses. It’s imperative to analyze your business needs and select the appropriate software that fits your requirements. While choosing an accounting software package, it’s critical to weigh the size and type of business, budget, scalability needs, and particular features required for your accounting and regulatory requirements.
