COMPARISON OF MICROSOFT ACCOUNTING SOFTWARE AND MOIBOO ACCOUNTING SOFTWARE
Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as account, inventory, sales and service. Accounting software makes it easier for you to track your business’s financial health and monitor the cash flow. The three factors to be considered while choosing an accounting software is cost, usability and features.
Every business has different needs. Accounting software varies in cost, depending on the number of features included, the number of users supported and other such factors.
MOIBOO ACCOUNTING SOFTWARE
Moiboo Accounting Software is an Online Accounting Software which caters to all the business needs.It has software modules for Accounting, POS and CRM. The best part about Moiboo is all the business operations are bundled in one software so that the business owner can track every apsect of business. Unlike a traditional Accounting Software, Moiboo is accessible anywhere so all your employees can work using the software at the same time.
TOP PRODUCT FEATURES
All functions relating to accounts are inbuilt with the software. You can manage your Accounting Ledgers, Bank & Cash Operations, Purchase & Sales Estimates, Warehouse Allocations, Expense Recording, Expense Grouping, Payments – Part or Full, Journal Entries, Receipts – Part or Full, Contra Entries, Financial Reports, Day book and much more.
Our accounting Software automatically calculates the taxes relevant for every bill created. Our Software is tailor made as per the government norms for calculation of GST. It also comes with the option to add any number of taxes relevant to your business. In case of change in tax percentages you can change it in the software on your own. All you have to do is add your tax percentage and our software will calculate the taxes automatically. This multiple tax scheme can also be applied to multiple products on a single purchase.
You can create Quotations then the same can be converted as a Sales order or Pro-forma invoice or Invoice. From Invoice you can create Receipts as well. Accountants will be able to know what payments have been received and what are pending in the reports. You can also set reminders for receiving payments
You can create Purchase Orders then the same can be converted as bill or payments. You can also create Debit notes for purchase returns. Accountants will be able to know which purchase bills have been paid and which are pending in the reports. You can also set reminders for making payments.
Key Features of Reach
- Warehouse Management
- Purchase, Inventory Management & Consumption Tracking
- Sales Tracking
- Loyalty Management
Receive Job orders or Sales Orders and convert them into Invoices once ready
Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports
Godown Management,Raw materials,Packing Materials,Work-in-Progress,Finished Goods,Miscellaneous Stock, Stock-pointwise management
Point of Sale
Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.
Lots and Barcode Management
Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner
Cost Management, Order Management
Income & Expense Grouping,Accounting Ledgers,Tax Heading Creations & Operations,Bank & Cash Creation & Operations,AssetLiability Creation & Operations,Income & Expense Recording,Journal Entries & Contra Transactions,etc
Create Invoices with your own branding or choose from over 20 templates (includes contractor Invoices). Generate Invoices or convert quotes to Invoices. Automatically convert invoices raised in foreign currency to INR. Raise recurring Invoices. Email, print or extract Invoices to pdf. Get reminded every time an Invoice is due. Send reminder sms or emails.
Create multiple Branch and give an option to manage each of them individually business by the Owner.
Purchase Orders/Estimates,Purchase Bills,Purchase Return,Vendor Outstanding Management.
Quotes,Multi Product Operation,Sales Invoice,Sales Return,Recurring Invoices on one attempt,Customer Balance
Multi-User operation with restriction menus,Auto Back up,Accounting Period Auto change,Any Location operation,Easy to handle,No hard accounting process and buttons,Auto conversion to accounting formats
Create multiple Companies and give an option to manage each of them individually from the comfort of your smart phone
Full Financial Report availability,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules
Access across tabs, iPads, iPhones and android phones, pick photos of expense vouchers and attach to expenses, raise invoices, check cash and bank balances, daily profitability and other key reports on phone.
Leads from all sources,Leads extractions via mail server,Converting leads to appointments,Quotes,Converting quotes to Invoices,Email-SMS update,Delivery status update,Work pending strategy.
Operations and Process
Product & Service Grouping,Customised Invoice with Logo,Small, Medium or Large scale operations,Retail or Whole sale enabled,Product service and maintenance,Godown & Showroom wise operations etc..
Assign points for every sale and redeem them whilst billing next time
E-stores, Google docs, Google calander, Project management tools, SMS gateways, Payment Gateways and many others.
Easily import excel files taken from Tally and import it into our Software for various time periods and manage accounts with ease
WHY MOIBOO IS BETTER
- Free cloud server advantage
- All documents in one place
- Even if you have multiple businesses, All accounts are docked in a single account
- Easily import from Tally and Excel
- No worrying of unauthorized data intrusions
- Localised personally for all your business
- Personalised billing system
- Manage your customer
- Supplier Management
- Product Management
- Unlike traditional software, our products are hosted on the cloud and allows all your employees to work at the same time
- Custom made to suit your business
- Captures your leads from Emails and websites directly
- Tracks your orders
- Raises invoices
- Converts Invoices raised in Foreign Currency to Indian Rupees
- Imports from Excel and Tally
- Gives Multi-User access
Allows to view reports on Mobile Phone
- Manages your inventory
- Shows your branchwise/sitewise profitability
- Securely backs up your data online
- Free cloud server
- All business data in one place
MICROSOFT ACCOUNTING SOFTWARE
Microsoft Accounting Software caters to the needs of the small business.
- Sales & CRM
- Inventory & Purchasing
- Multi Company
- Projects and Job Costing
- Fixed Assets
- Service Management
With this automated, you can easily view real-time reports on the health and performance of your business.
Budgets & Forecasting
Present information effectively by showing how well your business has performed compared to a budget or period. Drill down to understand the cause of problems to make better decisions for the future.
Multi-Company & Consolidated Reporting
Have multiple companies in the same database with no added cost to your subscription price. Incorporate inter-company transactions between your business units and have proportional consolidated reporting on multiple entities in multiple-currencies.
Cash Flow Forecasting
Generate a cash flow forecast to visualize the short-term stability of your business
Your entire sales process can be easily tracked, from the initial quote through to the order and invoicing of your customers
Creating purchase invoices on a recurring monthly basis to vendors, or utilizing drop shipments for your organisation, the purchasing process incorporating quotes, orders and invoices has EFT functionality available out-of-the-box
ADVANTAGES OF MICROSOFT SOFTWARE
- Ease of use
- Saves money
- Reporting options are versatile
- It can be deployed based on requirements
Reach is user friendly and easily customizes with your business hence it can be implemented in a shorter period of time. It also comes with free anti-virus so you never have to worry about any virus attacks. Reach also allows you to restrict certain areas within the software so you can enjoy more security from unauthorized access in your data.
It allows you manage multi-branch and Multi Company this way you manage every business even without visiting your offices. It is cost effective software that helps you to manage your business giving rise to more sales and more profit with lesser expenses. You can access all the updates in real time and that makes it easier for you to take faster and better decisions.
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