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Comparison between HiAccounts and Traditional Accounting Software in India

HIACCOUNTS

Basic accounting knowledge required.No training required.

Save costand Time.

Works both offline and online.

Device friendly- Mobile, Desktop, Laptop, Tablet.

Create GST Compliance sales/purchase invoice in 30 sec in 3 steps.

Data is secured in local device as well as sync to cloud.

Tested and tried software for GST in Malaysia.

Chart of accounts is inbuilt, saves a lot of time.

Dash board is user friendly and informative. Easy to Use Easy to Access, Easy to understand

Alert on stock, cash, and budget variance helps in taking Real Time decisions.

Taxes CGST, SGST or IGST is auto picked based on the place of supply.

The software is Dynamic, any changes in tax structure reflect easily.

HSN & SAC codes are readily available in the software.

TRADITIONAL ACCOUNTING SOFTWARE

Complete accounting knowledge required.Prior training is must.

Imposed additional cost & time.

Works only offline.

Works only on desktop.

Takes a lot of time to create sales/purchase invoice.

Data is not secured, data will be lost if any crash or intervention of the virus happens.

No prior experience.

Needs to be created and time consuming.

Missing in the Traditional software.

Real Time decision is not possible due to the lack of reports on stock, cash and budgets.

Needs to be filled manually, any mistakes may lead to additional interest and penalty.

The same needs to be awaited for patch or upgrade.

HSN and SAC code has to be searched and entered manually.