The online stock management software you need!
An inventory management software helps you map your products’ journey right from their production to their delivery to your customers.
myBillBook does all that and more by generating GST-compliant invoices online, saving you time, money, and energy. Taking stock helps you keep track of moving items, know if there’s been a theft or loss of goods, calculate the cost of goods for tax reporting benefits and, get rid of obsolete or invalid items.
Why use myBillBook?
Why use myBillBook for inventory management?
Billing and inventory management is a very laborious task when there are other aspects of your business that you want to pay attention to. The cost incurred on outsourcing these services is high and, it’s a waste of workforce and resources.
myBillBook online inventory management system allows you to focus on those aspects while it expertly curates your invoices and stocks. It saves you time and effort without incurring extra costs. With myBillBook, you can back up your data, monitor your goods and invoices, and make quick online payments.
myBillBook offers its services in Hindi, English, and Hinglish, with more languages being added to the list soon. It is also suitable for people with little knowledge of accounting, making it a super easy inventory management solution for business owners!
But of course, other platforms offer similar services.
What makes myBillBook different?
Well, it’s a one of its kind integrated invoice-billing and stock maintaining software that offers services tailored to your individual needs. It is available for mobile phones (Google Playstore) and PC. myBillBook enables you to:
- Upload complete stock inventory by transferring items from other accounting applications or by use of excel sheets and images.
- View entire stock history and get notifications whenever stock is low and needs repurchasing.
The best part?
myBillBook operates on a freemium basis, which means all features except for a very few detail-oriented features are accessible by all for absolutely zero cost!
The features you’ll enjoy!
myBillBook is the best inventory management software for small businesses. It promises to deliver a seamless and glitch-free invoicing and inventory management experience to business owners.
If you choose myBillBook free inventory and billing software, here’s what it will do for you:
- Simplify your billing operations
- You can make bills inclusive and exclusive of GST. All you need is:
- GSTIN of both parties
- Billing and shipping address of the party
- Consecutive invoice numbers
- Date of issuance
- HSN code of items
- CGST/SGST/IGST on items (as applicable)
- Customize the contents of the bill in a way that’s suitable to your business and industry.
- Personalize the invoice to your preference using a range of themes and colours available.
- Reduce billing time by using the barcode scanning feature.
- Share the invoice instantly over e-mail or WhatsApp.
- Create vouchers, payment receipts, sale & purchase orders, sale & purchase returns, delivery challans, etc. You can also send a notification to parties whenever a voucher is created in their name.
- Keep track of your business with timely business reports like:
- Sales summary
- Profit and loss reports
- Party statements
- Stock summary
- GSTR-1 (Sales) [paid feature]
- GSTR-2 (Purchase) [paid feature]
- GSTR-3B [paid feature]
And over ten other kinds of exclusive reports that ensure smooth functioning of the business.
- 24×7 automatic data sync and backup between the desktop and mobile app
- You may not be able to access your PC at all times. By enabling data sync and backup between mobile and PC, myBillBook ensures that you never lose your work – you can access your work on the go!
- Keep track of accounts payable and accounts receivable
- myBillBook automatically sends out payment reminders and collects payments with a single click.
- It also notifies you of any overdue payments you need to make.
- Keeps your data secure
- Data is backed-up automatically
- Your data is 100% secure
- ISO 27001 certified
- Customized greeting and business cards
- Share personalized business cards with all your parties.
- Send festive greetings to your parties without any extra effort.
- Learn how to use myBillBook from online video tutorials and get answers to your questions and doubts
- Get answers anywhere and anytime you’re stuck, from videos that cover FAQs regarding myBillBook.
- Add staff members to the app (paid feature)
- Add your salesman, stock manager, delivery boy, accountant, partner to the myBillBook app with assigned permissions for each role.
Who can use myBillBook?
myBillBook is one of the best stock management software for anyone who wishes to streamline their inventory management and invoicing online.
If you sell your goods through various distribution streams, myBillBook can benefit you by offering:
- Faster billing services with the counter system on the myBillBook mobile app.
- Complete digital record and overview of your transactions.
- Services that will simplify your inventory control.
- Support for thermal printing.
- Wholesalers and Distributors
Wholesalers and distributors will find much use for stock management software like myBillBook as:
- myBillBook will automatically manage your customer outstandings and send out timely payment reminders.
- Enable invoice sharing through e-mail and WhatsApp.
- Alert you when your stocks are running low and categorize your stock inventory for smoother operations.
- Customize the invoice with context to the type of business.
- Send your business cards to relevant parties and sending customized greeting cards with your company branding to customers.
- Business reports for all the parties
Retailers, wholesalers, distributors, and buyers can benefit from myBillBook by accessing over 14+ reports offered by myBillBook, which allow users to:
- Analyze their sales through reports on item sales, party-wise sales, etc.
- Micro-manage their stock inventory through Current Stock & Low Stock Summaries.
- Assess their organization by use of company-level reports like Profit & Loss & Outstandings reports.
- Share their rate list with customers.
- Why do I need inventory management software like myBillBook?
Ans: A stock management software like myBillBook helps you balance the expected demand for your goods by maintaining stock in your inventory by notifying you about what products to stock and in what quantities.
- What are the advantages of using myBillBook?
Ans: You can arrive at the service levels you are focusing on – inside one replenishment cycle.
Higher service = less stock-outs = higher deals.
You can lessen working capital tied up in stock and let loose income. Also, you can save time and money via computerizing the procurement and replenishment processes of stock as necessary.
- Can I use myBillBook for filing taxes?
Ans: myBillBook lets you generate GST invoices. It also provides GSTR-1, GSTR-2, and GSTR-3B reports that help file taxes.
- Is myBillBook safe to use?
Ans: Yes, myBillBook inventory management software is completely safe to use as it has all necessary securities in place. Additionally, you’ll never lose your work due to the timely and automatic backup functions in place.
- Where can I download the myBillBook application?
Ans: Mobile phone users can find the mobile app from the play store. Desktop users can access it from any standard internet browser.