How would you feel when the most critical software that you use to run your business suddenly announces that they will no longer serves you? This is what happened when Intuit QuickBooks announced that they are going to shut down their India business. As a founder of a competing accounting software (ProfitBooks), I was surprised…
As a business owner, you must understand that record-keeping of revenues, expenditures, and net profits is crucial for your company’s optimal financial health. In other words, maintaining the books is an important responsibility of an accountant or a business owner. You must close the books periodically, which in simpler terms refers to balancing the income…
If you are someone who has just entered the accounting software market, you might be feeling overwhelmed by all the options available out there. There exists a number of alternatives for all types of accounting, invoicing, and bookkeeping needs. Two of the biggest names in the world of cloud accounting tools are Xero and Quickbooks.…
