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Target One Accounting Software

Brand : Modern Webz

Starting Price:

₹ 7,000 excl. GST

₹ 8,260 incl. GST

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Target One Accounting Software is one of the best solutions available in Indian markets for financial bookkeeping. In addition to the basic accounting functions, the software also includes features for asset lifecycle evaluation, human capital, provider relations, and supply chain management. This...Read more

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Target One Accounting Software Pricing, Features & Reviews

What is Target One Accounting Software? 

Target One Accounting Software is one of the best solutions available in Indian markets for financial bookkeeping. In addition to the basic accounting functions, the software also includes features for asset lifecycle evaluation, human capital, provider relations, and supply chain management. This facilitates enhanced bookkeeping practices with detailed visibility into minute expenses which can usually go unaccounted for. 

The software can be integrated with My ERP software, which provides numerous benefits for sales organizations. It automatically records every financial transaction made by the user and includes it in the books. Target One Accounting Software Solution is specifically designed for small scale businesses to manage both financial and enterprise resource planning activities. 

What are the benefits of using Target One Accounting Software? 

Target One Accounting Software brings a lot of benefits for the businesses, here are a few listed below: 

  1. The software offers additional features that work in tandem with accounting feature of the software such as, human capital management, vendor relationships, etc. 
  2. Business owners can use this software keep track of the advanced cost accounting, environmental accounting, expense management, etc.
  3. The accounting software also manages a record of accounts payable and receivable. 
  4. The software offers a search feature, which helps business owners to pull up present and past accounting data in a tabular format. 
  5. Businesses can add and monitor new distribution centers and product lines to their financial stream and monitor their financial operations. 

What are the features offered by Target One Accounting Solutions? 

Here is a quick overview of the features offered by Target One Accounting Software: 

  1. Billing and invoicing 
  2. Inventory supervision 
  3. Accounting 
  4. E-way billing 
  5. Automated data backup 
  6. Reporting 
  7. GST compliant

What is the price of Target accounting software? 

The price of Target One Accounting Software is ₹ 7000/- for the first year, and then an annual maintenance charge of ₹ 2500/- per year.

 

Target One Accounting Software Pricing & Plans

Target ONE
  • Billing & Invoicing
  • Document Management
  • Reporting & Analytics
  • GST Reports
  • E-Way Bill Generation
    • Quantity
    • Yearly

Calculated Price (Exclusive of all taxes)

7000

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Target One Accounting Software Features

Core Functionalities

  • icon_check Payroll Management Streamlines the process of calculating employee salaries, tax deductions, and benefits.
  • icon_check Sales Management It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.
  • icon_check Tax Management It automates the calculation, tracking, and reporting of various taxes.
  • icon_check Asset Management Consists of tracking & managing a company's assets throughout their lifecycle.
  • icon_check Transaction Management Tracks, records, and categorizes financial transactions for accurate reporting.
  • icon_check Time & Expenses Management It is a process of recording, tracking, and managing employee working hours and business-related expenses.
  • icon_check Accounts Payable Refers to the money a business owes to its suppliers or vendors for goods or services purchased on credit.
  • icon_check Accounts Receivable It represents money owed to a business by its customers or clients for goods or services delivered but not yet paid for.
  • icon_check General Ledger It is a comprehensive record of all a business's financial transactions, categorized by accounts.
  • icon_check Quotation & Estimates Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
  • icon_check Statutory Compliances Ensures adherence to legal regulations such as tax laws, payroll requirements, and financial reporting standards.
  • icon_check Alerts & Notifications They are automated messages that inform users of important financial events, deadlines, or discrepancies.
  • icon_check Bank Reconciliation It is a process of comparing the balances in the company's records with the balances shown on the bank statement.
  • icon_check Collection Management A robust field that involves tracking & managing receivables, including invoicing, payment reminders, & follow-ups.
  • icon_check Receipt Management It involves capturing, organizing, & storing digital copies of receipts for expenses & purchases.
  • icon_check Document Management Refers to the digital storage, organization, & retrieval of financial documents & records.
  • icon_check Credit / Debit Note A credit note is issued to reduce the amount a customer owes, typically due to returns or overpayments.
  • icon_check Multi Currency Support Refers to the software's capability to handle transactions, reporting, and financial management in multiple currencies.
  • icon_check Bookkeeping Capabilities Involves recording and managing financial transactions, tracking income and expenses, and keeping records current.
  • icon_check Bank Settlement Refers to the process of reconciling transactions between a company's bank account records & its accounting system.
  • icon_check Cost Centres A vital unit where costs are allocated for internal tracking & management purposes.
  • icon_check Fixed Asset Register A Fixed Asset Register tracks and manages a company's fixed assets, including their acquisition cost, depreciation, and current
  • icon_check Trial Balance Preparation It consists of compiling and listing all ledger accounts and their balances to verify the accuracy of recorded transactions.
  • icon_check Gst Report Preparations Involves the process of compiling data on Goods and Services Tax (GST) transactions from various financial records within an
  • icon_check Return Filings Return filings are crucial in accounting software, where businesses prepare and submit tax returns to relevant authorities.
  • icon_check Tds Report Generations Includes the automated creation of reports detailing Tax Deducted at Source (TDS) from payments made to vendors or contractors.
  • icon_check GST Input Reconciliations Involves matching the Input Tax Credit (ITC) claimed on purchases with the GST details provided by suppliers.
  • icon_check Fund Accounting It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
  • icon_check Variant Analysis Includes comparing & evaluating different versions or scenarios of financial data to identify variations, discrepancies, or
  • icon_check Batch Management It enables users to handle multiple transactions collectively, streamlining processes such as invoicing, payments, and updates.
  • icon_check Branch Management It allows businesses to manage financial transactions, reports, and data specific to different branches or locations, ensuring
  • icon_check Broker Management Involves tracking & managing broker transactions, commissions, & related financial activities to streamline brokerage
  • icon_check Claims Management Includes tracking, processing, & settling claims efficiently, ensuring accurate record-keeping and financial reporting.

Administrative Features

  • icon_check Admin Controls Allows administrators to manage user access, set permissions, and oversee the security of financial data within the system.
  • icon_check Backup & Restore A process of creating a copy of data (backup) to prevent data loss and retrieving that data (restore) to recover the system to
  • icon_check User Access Management Includes roles, permissions, access control, and activity tracking to ensure secure operations.
  • icon_check Ledger Scrutiny Ledger scrutiny involves a detailed examination of financial records to ensure accuracy, completeness, and compliance.
  • icon_check Facility Management Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.
  • icon_check Self Service Portal Allows users to access and manage their financial information independently, including viewing reports, submitting invoices, and

Integrations Supported

  • icon_check Import / Export Management Refers to the ability to transfer financial data in and out of the system, enabling seamless integration with various apps.

Financial Management

  • icon_check Budgeting & Forecasting They are vital financial planning tools businesses use to estimate future revenue & cash flow.
  • icon_check Cash Flow Management Used for tracking, analyzing, & optimizing the net amount of cash receipts, barring cash expenses.
  • icon_check Cash and Bank Management It tracks and manages all cash inflows and outflows, including bank transactions and cash payments/receipts.
  • icon_check Financial Planning & Analysis It includes forecasting future financial performance based on historical data, and budgeting for expenses and revenue.
  • icon_check Revenue Management Refers to the systematic process of predicting, analyzing, & optimizing an organization's income by managing pricing &
  • icon_check Fund Accounting It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
  • icon_check Fund Planning Defined as a process of forecasting & managing the inflows and the outflows of cash.
  • icon_check Net Worth Management Defined as a process of tracking and managing an individual or organization's total assets and liabilities.

Analytics and Reporting

  • icon_check Financial Accounting and Reporting It involves tracking and managing a company's fixed assets, such as equipment, vehicles, and buildings.
  • icon_check Profit & Loss It shows revenues, costs, and expenses to determine net profit or loss for a period.
  • icon_check Gross Profit Refers to the difference between revenue from sales and the cost of goods sold.
  • icon_check Ratio Analysis It includes evaluating financial ratios derived from financial statements to assess a company's performance.
  • icon_check Net Profit Management Involves calculating, analyzing, & reporting the net profit earned by a business after deducting all expenses.
  • icon_check Financial Statement Generation & Analysis Refers to the process of automatically creating financial reports like balance sheets & income statements.
  • icon_check Audit Management Refers to a process of preparing for & conducting audits by organizing & tracking audit-related activities.
  • icon_check Profit Centers Defined as a segment within a business that is responsible for generating profits.

Sales and CRM

  • icon_check Sales Management It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.
  • icon_check Customer Management It involves tracking & managing customer information, transactions, & interactions to streamline billing, payments, &
  • icon_check Order Management Handles the processing, tracking, & fulfilment of customer orders, thereby integrating them with inventory & financial
  • icon_check Quotation & Estimates Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
  • icon_check CRM Capabilities CRM capabilities are integrated to streamline & optimize the business processes associated with customer management.
  • icon_check Loyalty Program Tracks and manages rewards or incentives given to customers for their continued business.

Inventory and Supply Chain Management

  • icon_check Stock Management It includes tracking inventory levels, monitoring stock movements, & managing reorder points.
  • icon_check Barcode Scanning It streamlines inventory management by automatically tracking & recording product information.
  • icon_check Inventory Management It involves tracking, managing, and optimizing the stock of goods and materials.
  • icon_check Store Management Helps track inventory, manage stock levels, and streamline purchase and sales processes.
  • icon_check Item Master A centralised database where detailed information about each inventory item or product is stored.
  • icon_check Vendor & Supplier Management Tracks interactions, manages invoices and monitors payments for efficient procurement.
  • icon_check Inventory Reconciliation Refers to the process of matching the inventory records in an accounting system with physical inventory.
  • icon_check Delivery Management It consists of tracking and managing the delivery of goods or services to customers, including scheduling, logistics, & more.
  • icon_check Distribution Management Involves tracking & managing the flow of goods from suppliers to customers, including inventory control.
  • icon_check Product Management It includes overseeing the development and enhancement of features related to tracking, managing, and reporting financial data.
  • icon_check Supply Chain Management Streamlines procurement, inventory, and logistics for efficient financial oversight.
  • icon_check Warehouse Management Optimizes inventory, controls stock levels, and manages orders and shipments efficiently.

Project and Workflow Management

  • icon_check Transaction Management Tracks, records, and categorizes financial transactions for accurate reporting.
  • icon_check Time & Expenses Management It is a process of recording, tracking, and managing employee working hours and business-related expenses.
  • icon_check Project Accounting Project accounting tracks & manages financial information & activities specific to individuals or jobs.
  • icon_check Facility Management Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.
  • icon_check Production Management It involves tracking & controlling the manufacturing process, including inventory levels, work orders, and production costs.
  • icon_check Workflow Management Streamlines tasks automate processes and enhances team collaboration for efficient operations.

Retail and Point of Sale

  • icon_check Retail Management Consists of features for tracking inventory levels, sales transactions, & customer data along with generating reports for
  • icon_check Point of Sale (POS) Integrates sales transactions with financial records, facilitating real-time inventory management and streamlined reporting.

Billing & Invoicing

  • icon_check Payment Processing Refers to the handling of electronic transactions between buyers & sellers, ensuring the secure transfer of funds.
  • icon_check E-Way Bill Generation E-Way Bill Generation involves creating and managing electronic invoices required for the transportation of goods under GST
  • icon_check Payment Tracking Monitors and records incoming and outgoing payments, ensuring accurate financial records and timely reconciliation.
  • icon_check Invoice Processing It includes receiving and managing invoices from vendors or suppliers to ensure accurate payment and financial record-keeping.
  • icon_check Automatic Payment Reminders Automatic payment reminders are notifications sent to remind customers of upcoming payments.
  • icon_check Bill Of Materials (BOM) Refers to a detailed list of raw materials, components, and instructions required to manufacture a product.

Target One Accounting Software Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Windows
  • Desktop
  • Perpetual
  • All Industries
  • All Businesses
  • Small Business, Startups, Medium Business
  • Email
  • Videos
  • English

Target One Accounting Software Reviews

78%

Have recommended this product

Overall Score

4.8/5
Based on 6 Reviews

Review this product

Your valuable feedback helps others like you make a better decision.

D

Devender

Verified reviewer:linkedin_verify

Accountant, Consumer Electronics

2-100 Employees

Reviewed on: May 7, 2024

5/5

“Target One: A Bookkeeping Superhero for My Business”

Pros :

Cons :

Features

5/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

9/10
MF

My File

Verified reviewer:linkedin_verify

Accountant, Retail

2-100 Employees

Software user since: 2+ years

Reviewed on: Sep 8, 2023

5/5

“Feedback of Target One Accounting Software.”

Pros :

Cons :

Reason to switch : Value for money and the best Software available in the market.

Features

5/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

10/10
R

Rajesh

Verified reviewer:linkedin_verify

User

Software user since: < 6 months

Reviewed on: Mar 12, 2021

4.7/5

“Easy to use”

Pros :

Cons :

Features

4/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

1/10

Modern Webz Company Details

Brand Name Modern Webz
Information Our team develops effective content strategies for forward thinking companies. We have a proven track record in increasing search engine rankings.
Founded Year 2014
Director/Founders Vikas Sharma
Company Size 1-100 Employees
Other Products Modernwebz E-Jewellery Software, Modernwebz GST- Billing Software, Sabzi Mandi Software, Rice Mill Software, Modern Webz Milk Dairy Software

Target One Accounting Software FAQ

A No, there are no hidden setup charges for Target One Accounting Software. The initial cost of Rs. 7000/- covers everything.
A This accounting software is a web application which can be accessed through any internet browser in both Mac and Windows operating PCs.
A Mobile applications are not available for Target One Accounting Software, but you can use the access link from web application to use it on smartphone browsers.
A Target One Accounting Software supports following GST forms: 1. GSTR 1 2. GSTR 2 3. GSTR 2A (reconciliation) 4, GSTR 3B 5. GSTR 4
A No, Target One Accounting Software automatically make adjustment to its GST system every time new rates or changes are rolled out.
A Techjockey offers a demo for Target One Accounting Software, please request a call to avail the demo.

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