OpenBook- Best Business app for Invoicing, Billing, Banking, Accounting & GST
OpenBook is a one stop solution for every small business owner of India. Now any business owner can manage their business finance needs from only one app. OpenBook allows businesses to send bills/invoices to their customers/vendors. To make the process of money collection easier, the invoices have an inbuilt payment option. When the party receives it they can easily make the payment through UPI, NEFT, RTGS, netbanking or cash.
OpenBook is the best app for you if you are currently running a business by traditional means such as ledgers, khata, manual entry books etc. You can share digital invoices to your customers and save the cost of printing. Digital invoices help with accounting as records are maintained in the app and reduces manual efforts during reconciliation.
You no longer need a separate app for activities like billing, accounting, banking and GST. This accounting software app has been built for indian businesses. The solutions are built keeping in mind different challenges faced by small businesses such as manufacturers, distributors, retailers etc. You can be a kirana store owner or someone who owns a small dukaan, electronics shop, restaurants, OpenBook is for anyone who wants to make their business simple.
One of the most important features you get with OpenBook is that you can connect multiple bank accounts (both current & savings) and get an overview of all bank statements. This will help you in tracking your cash flow. As a small business, you need something that simplifies your efforts in running your day to day business. And helps you keep track of all your payables & receivables. This feature allows businesses to get all bank account related information in one place.
OpenBook comes with all the functionalities you need to manage your business finances. It also lets you send reminders that help with timely collection of receivables from parties (vendors/customers). You can notify your parties, regarding payments across whatsapp, email and messages. Send out easy payout links and offer different modes of payment such as UPI, netbanking, credit card/debit card and cash.
As soon as the payment is done, it gets reconciled(auto payment capture) & reflects on OpenBook, one less thing to worry about while filing GST returns.
OpenBook is available in multiple indian languages, so you can do business in the language you are more comfortable with. It is safe to use & is available on both desktop and mobile. You also can keep a backup of all your accounting data.
In addition to all the features as mentioned above, you can also access Tally accounting software from OpenBook. It lets you sync all your data and get a better overview of your business.
OpenBook offers the widest range of reports to help you run your business better, some of the reports you can get with OpenBook are as follows:
Day Book
Sales Report
Sales Summary
Purchase Report
P&L Report
Bill Wise Profit
Balance Sheet
Cash Flow
General Ledger
Trial Balance
Receivables
Payables
Stock Summary
Stock Details (Timelines)
Low Stock Summary
Item Sales Summary
Item Report by Party
Rate List
Party Report by Item
Party Wise Outstanding
Party Estatement (Ledger)
Expense Transaction Report
Expense Category Report
GSTR 1 (Sales Report)
GSTR 2 (Purchase Report)
GST Detail Report
Here is how you can simplify your business finances with OpenBook across the categories - Accounting, Banking and Tax Management:
Accounting
Create GST-compliant invoices
Create purchase bills
Easy accounting
Inventory management
Get detailed reports (Cashflow, Profit & Loss, Balance Sheet & more)
Banking
Easily connect multiple bank accounts
Check bank statements from one place
Track cash flow
Get a current account
Get a debit/credit card for business
Make and collect payments from parties
Tax Management
Maintain a proper report of all tax dues
Manage GST returns
Make TDS payments directly from the app
Generate E-way bill
Ab OpenBook Ke saath apna #BusinessKaroSimple
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