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Accounting software is a platform responsible for managing and recording the day-to-day financial transactions of a business organization, including fixed asset management, accounts payable, subledger accounting, expense management, revenue management, and reporting and analytics. In addition, it helps keep track of an organization's assets, liabilities, revenue, and expenses.
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There isn't a single "best" accounting software, as the ideal choice depends on your business size, industry, and specific needs. Popular and highly-rated options include Tally (a market leader in India, especially for SMBs), Zoho Books (user-friendly and great for small to medium businesses with automatic bank feeds), and QuickBooks (a comprehensive solution for real-time insights and productivity). For freelancers, FreshBooks is a recommended choice, while Xero offers strong bank integrations and a clean layout.
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Wave, Zoho Books, Akaunting, and GnuCash are the best free accounting tools for startups in 2025.
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Zoho Books and QuickBooks Online are widely used in India and work seamlessly on modern MacBooks.
Note: Ensure the software is either native to macOS or cloud-based for smooth performance on M4 chips known as Apple Silicon Optimization. Make sure it includes GST invoicing and filing features along with payment gateway integrations.
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For small to medium-sized supermarkets in India, Marg ERP and Vyapar are highly recommended POS accounting software solutions.
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To use an Oracle accounting software follow the simple steps given below:
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