USA
UAESmall Business
Designed for startups and growing businesses
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Brand: Open Financial Technologies Pvt Ltd.
Open accounting solution helps businesses manage all their accounting processes, right from bookkeeping and invoicing to payment reconciliation, all from a single platform. This automated accounting solution is integrated with Open business account that is built specially to suit the specific needs of small businesses. With this accounting software, businesses can register, collect and make payme...
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Save upto 18%, Get GST Invoice on your business purchase T&C Buy Now & Pay Later, Check offer on payment page. Brand: Open Financial Technologies Pvt Ltd.
Founded Year: 2014
Open is Asia’s first and fastest growing business banking platform for SMEs and startups. Open helps businesses automate their finances by letting them collect online payments, do bulk payouts, reconcile transactions and integrate banking into their business workflows
Reconciliation Dashboards Sales Banking Payroll Unified Connected Banking Automated Bookkeeping GST-Compliant Invoicing Real-Time Auto-Reconciliation Bulk Payouts Infrastructure Tax Management Role-Based User Access WhatsApp Bill Submission Virtual Account Collection Collect Payments Role-Based Access Control Accounting Automation Expense Management 
Watch the demo video to explore key features, real workflows, and how the software fits your business needs.
Ubuntu 
Windows 
iOS 
Android MacOS 
Desktop 
Mobile 
Cloud-Based 
Small Business
Designed for startups and growing businesses
Medium Business
Built for business growth and flexibility
Enterprises
Designed for complex and large-scale business needs
4
Out of 5
Overall Rating
Based on
1 Verified Review
Rating Breakdown
90% Recommend this Product
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Dec 6, 2023
Techjockey Verified
“Great Platform to manage payouts”
As a user of Open.money, I've found it to be a game-changer for managing my business finances. The ease of connecting bank accounts and integrating with accounting software like Tally and Zoho Books has simplified my payment processes immensely. The platform's ability to handle GST invoicing and provide payment links for online transactions has been incredibly efficient. Additionally, the feature of tracking account payables and receivables offers great clarity in financial management. The support from major Indian banks ensures seamless transactions directly from the Open dashboard, making it a reliable and convenient tool for business payments. Overall, Open.money has significantly streamlined my financial operations, saving me time and enhancing my financial control.
Pros
Ease of Integration: Connects seamlessly with various bank accounts and accounting software like Tally. Comprehensive Financial Management: Offers features like GST invoicing, payment links, and tracking of payables and receivables. Bank Partnerships: Supported by major Indian banks for direct transactions from the dashboard. Streamlined Processes: Simplifies sending, receiving, and reconciling business payments.
Cons
Geographic Limitation: Primarily focused on Indian markets and major Indian banks, which may limit its utility for international users. Customer Support: The experience and responsiveness of customer support might vary, which could be a concern for resolving urgent issues.
Reason to switch
Simplified Payment Processes: The seamless integration with bank accounts and accounting software has made sending and receiving payments much more efficient. Better Financial Management: Features like GST invoicing and tracking of payables/receivables provide a clear overview of my business finances, aiding in better decision-making. Time-Saving: Automated reconciliation and financial reporting save considerable time, allowing me to focus on other critical aspects of my business. One-Stop Solution: The availability of additional tools for payroll, expense management, and tax filing means I can manage most of my financial tasks in one place, avoiding the need for multiple platforms.
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₹ 1499.00 excl. GST
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Open Accounting Software is compatible with Windows and Mac operating systems.?
Open Money app is available for Android and iOS.
Open Money supports cloud-based deployment type.
Open Accounting price in India starts at Rs.1,499 at techjockey.com.
Small and medium enterprises, startups and freelancers are the common users of Open Money.
Open Accounting Software is available for free.
As Open Money is cloud based, you do not need to download it. You can get access to Open Accounting Software by registering on Open. However, if you want to use it as a mobile app, you can install it on your phone using Google Play or Apple Store.
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Terms and Condtions
Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.
For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:
the GSTIN of the user associated with their registered business, and
the specified Entity Name for their business.
It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.
Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.
Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.
Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.
To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.
