and the distribution of digital products.
Is busy right choice for your business? A detailed review
Busy is an accounting software that offers a cloud-based version, Busy Online. The app provides a mini-ERP for your business and eliminates the need for multiple disconnected tools. It enjoys wide acceptability in India as it offers comprehensive accounting solutions and targets all kinds of businesses. The app stands out for its tax-management features as it generates GST-compliant invoices, tracks tax credits, and also files returns automatically, ensuring the least manual work.
Busy has you covered when it comes to the following things:
- Auto e-way bills & e-invoices, GST reconciliation, GSTIN verification, GST invoicing, tax calculation, GST filing and return, and more are included in this software.
- Users can speed up thorough revenue and expense reports and simplify their financial accounting issues with Busy.
- Among its characteristics are the entire book of accounting, in-depth reporting analysis, bank reconciliation, and sales and buy analysis.
- With BUSY’s banking dashboard, you can get access to accurate cash flow predictions, identify differences, and review past reconciliations. You can correct the differences and avoid duplication of effort.
- It has features like batch, size, color, manufacturing date, expiration date, and other criteria for controlling inventory across several godowns and locations.
- This application allows customers to easily access 100+ reports and create & share receipts, orders, invoices & quotations.
- This app has an audit trail feature that tracks all the updates related to taxes and keeps the users in the loop.
- This app also offers offline functionality, making it accessible to users who do not have an internet connection at the moment.
- The Task management system on Busy offers a to-do list feature that allows users to organize and prioritize their tasks. Deadlines can also be set for each task.
- The calendar integration feature on Busy allows you to schedule events directly on the app, and it also collaborates with Google Calendar and Outlook in order to schedule everything in one place.
- The project management system allows you to create projects by combining smaller tasks together and also lets you collaborate with other team members so that everyone can work on a project together. It also includes visual tools such as Gantt charts and Kanban boards, which help you track the progress of your projects.
- For freelancers or professionals who bill hourly, Busy offers an essential time-tracking feature that allows users to log the time they spend on a particular task. It also provides a time analysis tool to help you improve your time management.
- Busy collaborates with other third-party apps, such as Trello, dropbox, etc, to improve its functionality.
- Busy’s busy professional version, a different version offered by Busy, is specifically designed for tax professionals and users who have to manage multiple clients as it helps them in bulk GST filing and also takes care of their clients by providing various client management features.
- Busy has categorized accounting solutions for different industries such as E-commerce, pharma, FMCG, auto parts, chemical, and many more.
- Busy’s GST reconciliation software takes charge of disputed invoices and mismatches and categorizes them by type. It detects errors and provides resolutions.
Pros
Integrated accounting and tax management
The user can manage its accounting operations, inventory, and tax compliance under one roof as Busy smoothly integrates accounting with tax management features.
Multi-branch and Multi locationalThis feature is designed to target large-scale enterprises with complicated tax structures and which have multiple locations or branches as busy to provide compliance tracking across different regions.
Automated Tax CalculationsIt automatically calculates taxes like GST, VAT, and TDS and reduces human error as it works on calculating taxes accurately based on the latest rules and regulations.
Cons
Mandatory learning
Busy is a bit difficult to handle for people who are new in the field of accounting. It has a vast collection of features that are quite beneficial, but getting a hang of them could be pretty challenging.
Customer supportCustomer care can be an area where Busy can work and make it a little more responsive, especially during the critical tax filing processes.
PricingBusy has extensive plans and pricing for all types of customers. The Express offers 100% free accounting for small businesses with limited but sufficient functions. Blue offers all basic features for inventory, invoicing, and accounting. Saffron comes with GST-specific features in addition to all the other features. Emerald is designed for large businesses with multiple clients.
Most of the features of this app come on the free version, but the premium features are locked in the three kinds of packages provided by them—the Basic package at Rs.9,999, the Standard at Rs.14,999, and the Enterprise, specially made for multi-branch operations at Rs.19,999.
ConclusionBusy is a very powerful software, more so for any person who needs something to manage accounting operations, particularly where it involves tax management. Notwithstanding that, it can be a bit overwhelming; the learning time it takes is made much easier and faster due to the simple and user-friendly interface. As such, it’s a very worthwhile investment to make a business stay on top regarding its tax management.
Also read: Seven best accounting software in India
Is there a mobile app for busy accounting software?Yes, it offers a mobile app for both android as well as ios users.
How can I back up my data in busy?Busy offers a separate feature for backing up your data. you can either back it up manually or set automated back ups.
Is my data safe on Busy?Yes , it offers password protection and encryption to safegaurd your financial data.