Billing Fast is simple accounting software for small businesses in India that want clean books without hiring a CA. Every bill you make automatically becomes part of your accounts, so income, expenses, and GST are tracked as you work. See profit and loss, your daily cash position, and outstanding udhari at a glance; record business expenses against suppliers; and keep a digital customer khata for credit sales with WhatsApp reminders. GST is built in — the right rate, HSN codes, and a CGST/SGST/IGST split on every invoice — so filing is easier at month-end. It's designed for shop owners, not accountants: if you can make a bill, you can run your books. It works on Android, tablet, and desktop and syncs to the cloud. Billing Fast is free to start — make up to 10 bills before choosing a plan from ₹3,588/year.
What is Accounting Software?
Accounting software automates the process of recording financial transactions, tracking income and expenses, managing customer payments, and generating financial reports. It replaces traditional manual bookkeeping with a digital system that's faster, more accurate, and easier to understand.
For Indian small business owners, accounting software like BillingFast handles the complexity of GST, TDS, and other compliance requirements automatically, so you can focus on growing your business instead of crunching numbers.
Why It Matters
According to industry studies, small businesses using accounting software save an average of 5-10 hours per week on financial management tasks and reduce accounting errors by up to 80%.
Why Do Small Businesses Need Accounting Software?
Running a business in India comes with unique financial challenges. Here's why accounting software is essential:
- Track Every Rupee: Know exactly where your money comes from and where it goes
- GST Compliance: Auto-calculate GST and generate compliant reports
- Customer Credit (Udhari): Track who owes you money and send reminders
- Supplier Payments: Manage what you owe to vendors
- Financial Reports: Get instant profit/loss and cash flow insights
- Tax-Ready: Have all records organized for ITR filing
- Bank Reconciliation: Match your books with bank statements
Key Features of BillingFast Accounting Software
Income Tracking
Record all sales and payments received
Expense Management
Track every business expense with categories
Profit & Loss
Know your profitability at any time
Balance Sheet
View assets, liabilities, and equity
Customer Ledgers
Track receivables from each customer
Supplier Ledgers
Manage payables to vendors
Accounting Made Simple
BillingFast is designed for business owners, not accountants. You don't need to know debits, credits, or double-entry bookkeeping. The system handles it all behind the scenes:
- Make a Sale: Create an invoice and it automatically records income
- Record Expense: Add an expense with category and it's tracked
- Receive Payment: Mark payment received and customer ledger updates
- Pay Supplier: Record payment and vendor balance adjusts
- View Reports: Click to see profit/loss, cash flow, and more
No Accountant Needed
BillingFast uses simple language instead of accounting jargon. "Money In" instead of "Credit", "Money Out" instead of "Debit". Anyone can understand and use it!
Financial Reports You Can Generate
| Report | What It Shows | Use Case |
|---|---|---|
| Profit & Loss | Revenue minus expenses for a period | Know if you're making money |
| Balance Sheet | Assets, liabilities, and capital | Overall financial health |
| Cash Flow | Money in vs money out | Manage working capital |
| Customer Outstanding | Receivables from customers | Collect pending payments |
| Supplier Payable | Amounts owed to vendors | Plan payments |
| Daily Summary | Day's sales, expenses, and cash | Daily reconciliation |
| GST Reports | Tax collected and input credit | GSTR filing |
Customer Credit (Udhari) Management
Managing customer credit is crucial for Indian businesses. BillingFast makes it effortless:
- Customer Ledger: See complete transaction history for each customer
- Outstanding Balance: Know exactly how much each customer owes
- Payment Reminders: Send WhatsApp reminders with one click
- Credit Limit: Set maximum credit limit per customer
- Aging Report: See overdue payments by duration (30/60/90 days)
- Partial Payments: Accept partial payments and track balance
Get Started Today
Join over 50,000 businesses in India who trust BillingFast for their accounting needs. Download now and simplify your finances!
Accounting That Starts With Your Bills
For most shops, billing and books are the same job. Our kirana store billing software shows the day-to-day billing and khata workflow, and if you're unsure about tax, read does a small shop need GST billing.
