Best Retail store billing software
Automate your billing and inventory management
~2.5 lacs saving
from billing errors
24% Increase
in Profit Margin
2.3x increase
in Stock Rotation
Trusted by 1 Crore+ businesses for Billing, Inventory and Accounting
“myBillBook is perfect for Retail stores looking to increase profit margins”
“Creating precise invoices was always a challenge for our retail store. With myBillBook, our invoicing is now effortless. Automatically populating party and item details, GST, HSN, and tracking salesman performance with custom fields have ensured all essential details are accurately recorded. This has significantly reduced errors and saved us time.”
Suresh Reddy
Shopmore Mart, Hyderabad
Recommends myBillBook for:
Product Demo for Retail Store Billing Software
“Superb customer service. Helped me set up my account as required”
myBillBook’s top features for Retail stores
Error-free Invoicing
Create precise invoices effortlessly with myBillBook! Automatically populate party and item details, GST, HSN codes, discounts, and track salesman performance with custom fields, ensuring all essential details are accurately recorded.
Real-Time Inventory Management
Stay ahead with myBillBook’s real-time inventory tracking! Experience automatic stock adjustments and seamless purchase entries for both shop and godown inventory. Benefit from comprehensive stock summary reports and low stock alerts to keep your inventory perfectly managed and avoid sales loss.
Cash Flow Management
Manage your retail shop’s cash flow effortlessly with myBillBook. Accept and track UPI, bank transfers, and cash payments seamlessly. Easily transfer funds between multiple bank accounts and manage cash in hand. Keep track of supplier dues for smooth operations.
Online Store and Promotions
Expand your reach with myBillBook. Create an online store or product catalog linked directly to your inventory. Launch effective WhatsApp and SMS marketing campaigns, reaching your customers directly and maximizing sales opportunities during peak seasons.
Supplier Management
Streamline your supplier management with myBillBook. Maintain detailed records of suppliers and vendors, track payables, and easily create purchase orders to ensure you always have the necessary stock to meet customer demand.
myBillBook helps Retail stores succeed
“Managing cash flow was complex for our retail store. myBillBook has simplified this by allowing us to accept and track UPI, bank transfers, and cash payments. Transferring funds between bank accounts and managing cash has become effortless”
Ravish Rathod,
Grocery Store owner – Chennai
“Managing suppliers was a daunting task for our retail store. myBillBook has streamlined our supplier management by maintaining detailed records, tracking payables, and making it easy to create purchase orders, ensuring we don’t run out of stock”
Ravi Rao,
Stationery Owner – Banglore
“Inventory management was a constant struggle for our retail store. myBillBook’s real-time tracking, automatic stock adjustments, seamless purchase entries, and low stock alerts keep our inventory perfectly managed, preventing sales loss”
Arun Rane,
Clothing Retailer – Delhi
Pricing plans
Diamond Plan
₹217
Per month. Billed annually. Excl. GST @18%
✅ Create unlimited invoices
✅ Add up to 1 business + 1 user
✅ Inventory management
✅ App + Web support
✅ Priority customer support
✅ GSTR reports in JSON format Popular
Platinum Plan
₹250
Per month. Billed annually. Excl. GST @18%
Everything on Diamond Plan +
✅ Add up to 2 business + 2 user
✅ 50 e-Way bills/year
✅ Staff attendance + payroll
✅ Godown management
✅ Whatsapp and SMS marketing Popular
Enterprise Plan
₹417
Per month. Billed annually. Excl. GST @18%
Everything on Platinum Plan +
✅ Custom invoice themes
✅ Create your online store
✅ Generate and print barcode
✅ POS billing on desktop app
✅ Unlimited e-Invoices & e-Way bills
What is Retail Billing Software
Retail billing software is specially designed for retail establishments to manage their billing, accounting, and inventory management requirements electronically. As the billing and inventory management requirements have become more demanding, efficient billing software is a must for most retail establishments to thrive and stay competent in the industry.
To fulfil billing demands and serve customers more effectively and efficiently, a billing system that automates most billing functions and meets compliance requirements like e-invoicing and e-way billing is necessary for every small to medium-sized retail establishment.
Improve Your Retail Profits by 1.3X
Now that you know how retail billing software helps you with your billing, inventory management, and record-keeping processes, let’s understand how it helps you with the financial outcomes of your business. After all, this is what matters for your SMB, isn’t it? The amount you have invested in billing software must bring in some good returns to make it worthwhile.
Improves Gross Profit Margin
Accurate tracking of inventory levels with the billing software ensures that the cost of goods sold (COGS) is correctly calculated. As the gross profit margin is calculated by considering both sales revenue and COGS, accurate COGS calculation impacts the gross profit margins.
Accurate profit margins help to gain profitability insights into how efficiently the retail shop is producing and selling goods. They also help assess the effectiveness of pricing strategies and cost control measures. They further reflect how well the business manages its production and operational costs.
Higher Turnover Rates
The Inventory Turnover Ratio is a measure of how often a company’s stock is sold and replaced over a specific period. Regularly checking inventory levels using the billing software helps maintain optimal stock, impacting turnover. It also ensures that popular items are always in stock, increasing turnover rates.
A high turnover ratio shows how quickly inventory is converted into sales. It also reduces storage costs and minimises the risk of expired products. Further indicates efficient inventory management and strong sales.
Efficient Cash Flow Management
Efficient management of invoices with the billing software ensures timely collection of payments, improving cash inflow. The payment reminders feature helps to make timely payments to the suppliers, thus enabling good relationships and improving payment terms. Positive cash flow provides the business with opportunities for expansion and investment.
Improved Net Profit Margin
With effective tracking and management of expenses, the software helps businesses to improve their net profits. As maintaining accurate financial records and generating financial reports is crucial to calculate the exact net profit, the software helps do the job efficiently.
Lowers Expense Ratio
The Expense Ratio measures a company’s efficiency in managing its operating expenses. Accurate tracking of operating expenses using billing software helps maintain a low expense ratio. Further, precise financial records contribute to better monitoring and control of expenses.
These 5 financial outcome metrics are more than just numbers. They help you gain valuable insights into your retail store’s operational efficiency, cost management, and overall financial health. These metrics help you make informed decisions, improve profitability, and ensure the sustainable growth of your business.
Features That Make a Good Billing Software for Retail Shops
Now that you understand how a billing system works let’s look at the parameters that make an efficient billing software. These metrics help you evaluate the efficiency of billing software with respect to retail businesses.
Enables Faster Transactions
The billing software you choose must enable faster transactions speeds to reduce wait times for your customers. This enhances the customers shopping experience at your store front and also increases the chances of repeat business. This functionality plays a crucial role during peak hours or days on which the customer footfall is high to prevent long queques and customer dissatisfaction.
An efficient billing software thus enables faster transaction speeds by allowing quick item scanning, fast payment processing, and rapid bill printing.
Provides Accurate Inventory Management
The inventory management feature provided by the software must update and maintain accurate inventory records. The recorded stock levels must match the actual inventory on hand to prevent stockouts and overstock situations. During the trial period, you can check how the software’s inventory management feature works.
Offers Different Payment Methods
The billing software must be able to accept and process various payment methods, including cash, credit/debit cards, UPI payment, digital wallets, and other electronic payment options. Offering a wide range of payment options caters to diverse customer preferences, making it easier and more convenient for them to complete their purchases.
Provides Accurate Financial Records
Accurate financial records are quite essential for compliance with GST regulations and other financial policies. They also provide a clear picture of the business’s financial health, supporting better decision-making and planning. Hence the billing software must be capable of producing accurate financial records.
Reconciliation Efficiency
Reconciling daily sales, payments, and financial records with bank statements, payment processors, and other financial systems is crucial for every business. The billing software you choose must complete reconciliation tasks with speed and efficiency. An efficient reconciliation process reduces the time and effort required to ensure that recorded transactions match actual financial activity.
myBillBook Billing Software - India’s #1 GST Billing Software
myBillBook is a cloud-based billing software that offers billing, inventory management, accounting, and e-invoicing features. Specially designed with the billing and invoicing requirements of small and medium retail businesses in India in view, the software is a comprehensive billing solution offering a variety of features.
Cloud-Based Affordable Solution
myBillBook is a cloud-based billing platform which can be accessed from any device with an internet connection, thus enabling remote operations. It can be scaled up or down based on business needs without the need for significant hardware investments. It is offered on a subscription basis; hence, there is no need for high upfront costs to purchase and maintain infrastructure. With a basic plan starting at just Rs.399/year, myBillBook is an affordable yet efficient billing solution for businesses of all sizes.
GST/non-GST Invoice Generation
To support both GST and non-GST retail businesses, myBillBook software offers both GST and non-GST bill generation. When entering your business details in the billing software, indicate whether you are GST-registered or not. The software will then automatically generate GST or non-GST invoices. A registered business can use the ‘Without Tax’ option to create an invoice without GST. Once you generate an invoice, you can print, save, download, or share it directly with your customers through Whatsapp or SMS.
Customised Invoices
Not all businesses require a similar invoice format. Therefore, we provide a feature to customise your bills to match the unique style of your retail store. Choose from different templates, fonts and colours. Add brand logos, headers, custom fields, signature boxes, watermarks, and more. Personalise your invoices at no extra cost with myBillBook retail billing software. Always remember that a customised invoice makes you stand out from the rest and helps build a brand image while making the invoices look professional to your customers.
Items Library of 1 Lakh+ Product
If you run a retail business that deals with a large number of products, it’s recommended to maintain a product inventory in the retail software to streamline the billing process. However, manually entering all the product details, such as descriptions, prices, etc., can be a daunting and time-consuming task.
myBillBook has a pre-loaded inventory with products from various industries, making it easy for users to choose the relevant products for their business. You will also find other data transfer options like ‘Bulk Upload from Excel file’, ‘Transfer Data from Other Software’, etc.
POS Billing Functionality
The POS Billing feature offered by the retail billing software is highly useful for a retail shop. With the POS feature, you can generate invoices swiftly and reduce queues at the counters.
The POS feature also offers a multi-billing functionality that enables you to create up to 5 bills simultaneously without needing to complete any of them. To add products to the bill, simply scan the product barcode or manually enter product details.
The POS billing feature comes with a different yet easy-to-use user interface, making it easy for your staff to use the facility without formal training. Additionally, you will have 3 different printing options, including A4, Thermal-2 Inch, and Thermal-3 Inch.
Godown Management
Managing inventory across multiple godowns or warehouses can be a challenge for small and medium-sized businesses. Our platform offers a godown management feature that can help you efficiently manage your stock levels, facilitate seamless stock transfers between godowns, and optimise your inventory.
This feature ensures inventory accuracy, which is essential for smooth order fulfilment and informed decision-making processes. Ultimately, it can enhance your overall operational efficiency and productivity.
Online Store Enabler
Would you like to expand your retail business by creating an online store? You can do this using myBillBooks’ billing software for retail shops. By enabling the online store option on the software, you can kickstart your online business in no time.
Share your online store link with your customers via Whatsapp and Facebook and start taking orders. Not only that, you can also send promotional messages about discounts, offers, sales, festive deals, and more directly to your customers through the software. Take orders online and watch your business grow 2X faster.
Manage Cash in Hand & Bank
For retail shops, managing cash flow is crucial. Using myBillBook retail software, you can record all your cash transactions – both inflow and outflow, thus can track the cash flow easily. By allowing multiple bank account management, the software facilitates bank reconciliation, helping retailers match their bank statements with internal records to identify any discrepancies. You can also show account details of choice on invoices, and transfer cash between ledgers using this feature.
e-Invoicing & e-Way Billing
For GST-registered retail shops, generating e-invoices and e-way bills on the government portal is a big challenge. To make it easy for busy shop owners, myBillBook has introduced an automatic e-invoice generation feature within the software. With a single click, retailers can convert tax invoices into e-invoices and also generate e-way bills for the applicable invoices. By generating GST-compliant e-invoices, businesses can ensure seamless tax reporting and compliance with regulatory requirements.
Expense Management
Retailer shops can record and categorise all business expenses through the ‘Manage Expenses’ feature in myBillBook. By regularly recording expenses, retailers can get a clear view of spending patterns. This helps in budgeting and controlling costs more effectively. The software also enables recording of petty cash expenses, ensuring that all financial transactions are accounted for.
Staff Attendance & Payroll
The staff attendance and payroll feature is particularly beneficial for retail shops with multiple employees. With this feature, retailers can record attendance, track working hours, and automate payroll calculations. This enables timely and accurate payment to staff and also helps in maintaining compliance with labor regulations.
SMS Marketing
With the SMS marketing feature, businesses can share promotional messages for festival sales, discount offers and updates with their customers directly. This direct communication promotes new products and boosts sales through targeted marketing campaigns. Start an SMS campaign today with myBillBook and make your sale a success.
Free 14-Day Trail and Demo
Want to experience all these features by yourself? Subscribe to myBillBook free trial today or request a demo. You can also call our customer support team to get the details and the best deal for a subscription to the billing software.
Easy Implementation
Once you subscribe to myBillBook software, you can immediately start using the software. Just download it from the respective play stores – Available on both Apple App Store and Google Play Store. You can also download the billing app for your PC for both Windows and iOS platforms.
Once you download myBillBook billing app, register with your mobile number, login to the account, enter your business details, and TaDa..! – you’re all set to create your first invoice on myBillBook.
myBillBook for Various Retail Establishments
Here is the list of businesses that can use myBillBook retail software for their specific billing needs.
Automobile Shop Billing Software
myBillBook billing software for automobile shops is meticulously designed to cater for the needs of automobile showrooms. Besides enabling the creation of professional and customised invoices, the automobile software provides inventory management, accounting, staff management, and business report generation features to help auto shops perform their job with ease.
Bakery Shop Billing Software
myBillBook’s billing software for bakeries enables businesses to bill consumers easily. It minimises the possibility of human mistakes and offers custom invoices. It has a built-in inventory management feature that helps bakery shops track their entire stock.
Bookstore Billing Software
myBillBook’s billing software for bookstore is a specially designed billing software that helps bookshops conduct their billing and accounting operations effortlessly. myBillBook bookshop billing software is one of the fastest emerging billing software for bookshops and provides a comprehensive billing and accounting experience.
Departmental Store Billing Software
myBillBook’s billing software for departmental stores is a user-friendly solution for all department stores offering various products like readymade garments, foods, utensils, shoes, and other groceries. It is a ready-to-use tool with a POS feature that enables quick and easy billing.
Electrical and Electronics Shop Billing Software
With myBillBook billing software for electrical shops, electronic shop owners can quickly create invoices, manage customer information, and easily track payments. The software reduces manual effort and the risk of errors.
FMCG Billing Software
myBillBook’s FMCG billing software is designed to cater to fast-moving consumer goods businesses. Designed for FMCG wholesalers and retailers, the FMCG software has POS functionality to enable quick and easy billing.
Fruits and Vegetables Shop Billing Software
myBillBook billing software for fruits and vegetable shop is an application designed to help fruit and vegetable businesses conduct their billing functions easily. Small businesses can generate bills quickly with the POS functionality and get their daily sales report at the end of every day.
Garment Shop Billing Software
myBillBook’s garment shop billing software is highly recommended for all kinds of garment shops, including small textile stores, big readymade showrooms or wholesale garment suppliers. The billing app has everything from super-fast GST billing, stock management, barcode generation and scanning to e-commerce integrations.
Gift Shop Billing Software
myBillBook’s billing software for gift and stationery shops helps small gift shops, stationery stores, and other related businesses manage their billing and accounting operations with little effort. Gift shop owners can generate purchase orders and deliver their stock on time.
Hardware Store Billing Software
myBillBook billing software for hardware shops is specially designed for small and medium businesses and would cater to most of the billing and accounting requirements of hardware stores. If you want to look professional to your clients and take your hardware shop to the next level, download the myBillBook billing app today!
Jewellery Shop Billing Software
myBillBook’s Jewellery billing software is the most effective billing and accounting software for any jewellery store. You may use it to create invoices and track your company’s financial flow. Other features include e-invoicing, e-way billing, inventory management, and other accounting facilities.
Kirana Billing Software
myBillBook’s billing software for Kirana Shops helps a wide range of grocery businesses, such as Kirana, supermarkets, grocery stores, small shops, etc., track their billing operations efficiently. By generating invoices, the Kirana stores can identify various business elements like fast-moving items, out-of-stock items, least-moving items, about-to-expire items, etc.
Milk & Dairy Billing Software
myBillBook’s dairy billing software offers a simple solution for generating GST-compliant invoices, ensuring a smooth billing process. The software combines time management and invoicing and streamlines the entire billing procedure, making it easy to create invoices with minimal errors.
Supermarket Billing Software
myBillBook’s supermarket billing software comes with a POS feature that helps supermarkets handle their cash counters more efficiently. They can generate quick bills with the help of POS functionality and ensure the checkout time is shorter at their supermarkets.
Tyre Shop Billing Software
myBillBook’s tyre shop invoicing and billing software enables tyre shops to conduct billing, inventory management, accounting, customer and staff management, multiple store management, and many other things effectively with a single application.
Textile Shop Billing Software
myBillBook’s textile billing software is designed for small and medium textile and other garment businesses to conduct their billing and inventory management operations with ease. With SMB-friendly features like delivery challan creation, accounting, inventory management, staff payroll management, etc., the billing app is a comprehensive solution for all business types. \
Optical Shop Billing Software
myBillBook’s optical billing software helps optical stores manage their billing, accounting and inventory operations easily. Optical shop owners can customise the options, especially the invoices or bill formats, as per their business needs and provide their customers with a personalised experience.
Listed above are only a few retail categories the myBillBook serves. In fact, the billing software can be used by any business. The software for retail billing offers various subscription plans that businesses can choose based on their size and requirements.
FAQs about billing software for retail shop
What is billing software for retail shops?
Billing software for retail shops helps retail businesses like supermarkets, kirana stores, and grocery shops create customised invoices and enables faster billing. In addition, it streamlines the entire billing process and integrates it with other business processes like inventory management, accounting, GST filing, etc.
Why do retail stores require billing software?
Retail stores have a fast turnaround of products. Recording every sale manually is a big hassle and decreases business efficiency. Investing in billing software for retail shops can significantly enhance a business’s efficiency and customer satisfaction. It streamlines the billing process, simplifies accounting, and helps keep track of inventory. It is a worthwhile investment for any retail business looking to improve its billing operations.
Which businesses can use myBillBook’s billing software for retail shops?
Most retail businesses can use the billing software without any limitations. Some of the retail fronts where the software could provide optimal benefits include supermarkets, grocery stores, kirana stores, restaurants, pharmacies, salons, optical shops, garment stores, fruits and vegetable stores, etc.
What is the best billing software for retail business?
myBillBook is a top choice for retail billing software in India due to its user-friendly interface, comprehensive features for invoicing, inventory management, and accounting, and its affordability for small and medium businesses.
How much does retail software cost?
Different companies offer retail billing software at different price ranges. If you wish to choose an affordable yet efficient choice, you can use myBillBook billing software. Designed for Indian SMBs, the software offers affordable pricing plans starting at INR 399 per month. Visit our Pricing Plans for more details.
What is a retail billing system?
A retail billing system is a software solution designed to manage the billing process in retail businesses. It typically includes features for creating invoices, managing inventory, processing payments, and maintaining financial records.
What is a POS billing system?
POS (Point of Sale) billing system is a software solution used to process transactions and manage sales at the point of purchase in retail stores. It typically includes features like scanning items, calculating totals, accepting various payment methods, and generating receipts.
What is the difference between wholesale billing and retail billing?
Wholesale billing typically involves selling goods in large quantities to other businesses or retailers at discounted prices. Wholesale billing software may focus more on bulk invoicing and inventory management features tailored to wholesale operations.
On the other hand, retail billing involves selling goods directly to consumers at regular prices through retail stores. Retail billing software, like myBillBook, is designed to manage individual sales transactions, handle GST compliance, and track inventory levels in a retail environment.
Which software is used in retail stores?
Retail stores often use billing software that is specifically designed for retail shops. Billing software for retail shops like myBillBook features specifically tailored to the needs of retail businesses, including invoicing, inventory management, and accounting functionalities.
Which software is best for business billing?
myBillBook stands out as an excellent choice for business billing due to its comprehensive features, affordability, and user-friendly interface. It streamlines invoicing processes, ensures GST compliance, and facilitates efficient inventory management.
Which software is used for billing in shops?
For billing in shops, billing software for retail businesses is the best choice. myBillBook is one of the popular retail shop billing software due to its simplicity, efficiency, and suitability for various retail environments. It allows shop owners to create GST-compliant invoices quickly and accurately, manage inventory effectively, and integrate seamlessly with payment gateways.
Can I transfer my data from the old billing software for retail shops to myBillBook billing software?
Yes, myBillBook supports the export of customer and inventory details through images, excel sheets and data from other billing softwares like Vyappar, Marg, Tally, etc.