Ditch your CA, this cloud platform lets you manage your startup’s financial reports in just Rs 7,500 a year

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Ditch your CA, this cloud platform lets you manage your startup’s financial reports in just Rs 7,500 a year
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Kicking off a startup all by yourself isn’t an easy thing to do. It involves much more than just conceptualizing and executing. The most hectic part of the job is the paperwork it involves. Paperwork is just not taking care of your business and logistics, there is a whole chapter of finance that needs to be focused on to understand the taxes you need to file and your company’s profits and losses.

You can always go the traditional way – keep a CA for the job and spend a bomb for it. But, it makes a lot of sense to take it online as a Kolkata-based start up Realbooks is trying to simplify things for you.

RealBooks is a cloud based accounting software designed to act as a command centre for running the entire business on fingertips. Established under its parent company Adansa Solutions Pvt. Ltd, RealBooks was launched with an intent to simplify the finance and accounting for startups, renowned businesses and accountants.

Talking to Business Insider, Anurag Mohta, the co-founder of RealBooks said, “The idea was to create a cloud based platform where documents could be scanned and sent across; entries could be done at one's premises or when one is on the move; and documents that get attached to the entry get approved by the senior accountant online itself.”

With the option of document attachment, you can now get approval of entries easily and keep that information handy whenever needed.
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Their subscription is free of cost for businesses with single users. The small traders can access a limited-option dashboard of Realbooks without paying any fee. The basic plan for mid sized company starts at Rs 7,500 a year per user.

Ditch your CA, this cloud platform lets you manage your startup’s financial reports in just Rs 7,500 a year
Not only that, you can link the cloud based accounting service with your POS or Point of Sale. So each time a bill is generated, your taxes are taken care of, thus giving your freedom to breathe easy. Not only taxes, your net profit and expenses are also calculated in the system.
With the client’s turnover ranging from Rs 10 lakh to 500 crore, RealBooks is not just for small-time businessman who want to opt for cloud based accounting, but also ideal for large companies working in distributed environment with lots of concurrent users and high volume of transactions.

Seems like you can transfer all your financial and accounts burden over to RealBooks.