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Buyer's Guide for Top Retail Billing Software

Found our list of Retail Billing Software helpful? We’re here to help you make the right choice and automate your business processes. Let’s discover some of the essential factors that you must consider to make a smarter decision!

Buyers Guide Content

  1. What is Retail Billing Software?
  2. Features of Retail Billing Software
  3. Benefits of Retail Billing Software
  4. Modules of Retail Billing Software
  5. Basic Things to be Consider Before Buying Retail Billing Software

What is Retail Billing Software?

Retail billing software for retail shop billing, invoicing, accounting, and inventory is an important part of any retail business. It automates receipt generation and helps in performing calculations, maintaining detailed financial records for bookkeeping, and registering information about products that are sold or exchanged. Additionally, the billing & invoicing module helps in maintaining different elements of accounting such as tax registry, ledger, dues tracker, budgeting, bank reconciliation, balance sheet maintenance, etc.

Elements of retail businesses include products or items, suppliers, purchases, sales, and inventory as essentials. Managing retail businesses efficiently becomes much easier with the best retail management software. With the automation of every process, it has become quick and easy to execute and administrate all operations. A wide range of retail billing management software is available in India allowing businesses to enhance performance and improve revenue generation.

Features of Retail Billing Software

  • Retail POS Billing System

All POS billing functions can be readily performed with retail billing software. Billing can be computed based on the item codes, quantity, and the rate that are pre-defined for every item or product.

  • Retail Inventory Management System

Stock can be automatically updated as any transfer of items takes place. All newly added stock information can be captured, bar codes can be generated and products can be labeled with inventory management software tools.

  • Purchases

Purchase order management and payment details for each purchase can be managed with the billing software for retail shops specially designed to deal with purchase operations.

  • Vendor Management Solution

Details of all vendors, products offered by them and their rates can be recorded in the vendor management module. These features also keep track of the payment history and vendor performance.

  • Retail Accounting System

Various accounting operations including incomes and expenses can be simplified with financial accounting features. Debit or credit notes creation, journal entries, ledger posting, daily sales and transaction entries, balance sheet, trial balance, and many other financial accounting features are integrated within retail solutions.

  • Reports

Report generation is enabled in almost every retail solution so that businesses can make informed decisions effectively with the help of the reports generated.

Benefits of Retail Billing Software

Cost-Effective

Anything manual requires paper and pen which increases the overhead cost. It requires an excess of both time and money, but with retail billing software, you can keep a record of everything. Save every little information in the software with complete security.

Instant Updates

Now get instant inventory updates automatically with a Billing software for retail and wholesale. These updates help in maintaining the inventory levels as needed. All information about the items sold is stored and updated in the software.

Instant Invoices

Whether its online payment or billing, you can send and print invoices to anybody instantly with the help of free billing software for retail shops. It will help you print or send invoices directly to the customers instantly. Instant invoices help provide customer satisfaction, as it can give instant details about the item's purchases.

Accessibility

Accessing the data about your retail business from anywhere and anytime. This helps in tracking each and every purchase and its payments. Access any information and share it with your stakeholders in the form of reports, spreadsheets, and visuals.

Integrates with Other Software

Retail billing software has the capability to integrate with other applications like CRM, inventory, and many more. In this way, it can work in coordination with all other software applications. This makes it easier for anyone to view the updates and reports about their company at a single platform.

Modules of Retail Billing Software

Billing and Invoicing

The invoicing module helps in managing payment receipts for a different product in different branches. With the help of this module, you can get all the details like the no. of products sold, types of items sold, etc.

Retail Accounting

The retail accounting software module can capture product sales data. It can also record all the advance orders and scheduled them. It can also take care of route management, collection management, GST as well as credit management.

Reporting

The reporting module lets you generate reports about all kinds of bills and transactions done in the business with the help of retail billing software. It stores all information and creates visual reports which help stakeholders make the right decisions.

Basic Things to be Consider Before Buying Retail Billing Software

Requirements

The requirement of any business should be taken on priority. Since different retail shops might have different requirements, one should choose its retail billing software accordingly. One should take care of its connectivity, compatibility, hardware, and software requirement as well before choosing a retail billing software.

Costs

The budget should definitely be taken into consideration while selecting the best retail billing software for your business. You should be aware of the installation cost and maintenance costs as well for finalizing the shop billing software that you are planning to buy. Take into consideration both recurring as well as non-recurring costs with free retail software.

Usability

Using a software application should not be a problem. The retail billing software that you are planning to buy should be user- friendly so that your employees don’t resist the change. You can also go for software that provides training or demos of operating their software.

Reporting

The feature of reporting is important for any retail billing software. Make sure that you choose a software that has the ability to create reports according to your requirements.

Cloud vs. On-premise software

Retail billing software can be of 2 types: cloud and on-premise. Both of them have very different requirements and cost of installation. Their specifications might vary even in terms of usability and data security. Analyze the retail billing software you are choosing carefully before buying it.

Author: Kalpana Arya

39 Best Retail Billing Software in 2022

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Best Seller

myBillBook

By FloBiz

5.0 (13 reviews)

Starting Price

₹471/Year

Inclusive of all taxes

myBillBook is a GST billing and inventory management software that creates professional bills or GST invoices for busin... Read More About myBillBook

Best Seller

Vyapar Billing Software

By Vyapar

4.7 (37 reviews)

Starting Price

₹599/Year

Inclusive of all taxes

Vyapar is a GST billing software that also offers modules for accounting and inventory management for small businesses.... Read More About Vyapar Billing Software

Easy to Use Products

Unisolve Software

4.8

Anvesha Departmental Store Software

4.3

Virtual Splat Online Store

4.5

Goodwill Cogxim

4.2

Profithands

4.8

Sponsored

eR4u - easy retail for you

By TBI Technologies

4.8 (8 reviews)

Starting Price

₹7,000/Year ₹10,000/Year 30% off

Inclusive of all taxes

Er4u - EASY RETAIL FOR YOU is a complete retail ERP solution for supermarkets, grocery, garments, electronics, footwear... Read More About eR4u - easy retail for you

Sponsored

IVEPOS

By Intuition Systems

Starting Price

₹584/Month ₹1,000/Month 42% off

Inclusive of all taxes

IVEPOS is a cloud-based Point of Sale and business management software for restaurants and retail with 100+ tools for b... Read More About IVEPOS

FAQs About Retail Billing Software

Here is the best retail billing software for retail shops. Hitech BillSoft EffiaSoft JustBilling Fusion Retail Retailbean iDaksh Retail Billing Software Romio Mall Management System Penguin App ERPLY Retail Sepsoft Easy Billing Software Anvesha Retail Store Software Invoice Expert Open Source Invoice Ninja Free Invoicely Open Source InvoicePlane Free

Retail billing software with barcode is useful as it is used to track each and every product that is present in the store as well as in the inventory. This retail barcode billing software module helps in fast billing and inventory.

Shop Billing Software is specifically designed to generate bills at the checkout counter of a shop. The USP of this shop billing solution is that it works in tandem with the inventory software. On checkout, retail shop billing software automatically updates the inventory.

Retail Barcode Billing Software: Barcode Billing Software allows departmental stores to instantly scan the barcodes to generate the bills. Barcode billing software offers an easy to use interface for uploading the inventory as well. It automates the billing process and makes the data accessible in real-time.

Best Seller

Ginesys

By Ginni Systems

4.5 (7 reviews)

Starting Price

₹3,000/User/Month

Inclusive of all taxes

Ginesys is a popular India-based provider of retail ERP software. Apart from an end-to-end ERP and Retail billing softw... Read More About Ginesys

Sponsored

RoyalPOS

By Swiftomatics

4.8 (12 reviews)

Starting Price

₹5,899/Location/Year

Inclusive of all taxes

Royal POS is a cloud-based POS software solution for enterprises operating in retail, food and beverage verticals. The... Read More About RoyalPOS

EffiaSoft Just Billing

By EffiaSoft

4.5 (9 reviews)

Starting Price

₹16,709/year

Inclusive of all taxes

Just Billing is easy to use and intuitive billing software for retail store that looks to build a platform for retailers... Read More About EffiaSoft Just Billing

Unisolve Software

By Softworld (India)

4.8 (6 reviews)

Starting Price

₹14,160/User/Year

Inclusive of all taxes

Unisolve Software is a premier software solution for supply chain management specially designed for the pharmaceutical... Read More About Unisolve Software

Marg POS

By Marg ERP

4.4 (3 reviews)

Starting Price

₹8,496/Year

Inclusive of all taxes

Marg POS is simple to use and easy to implement solution. The Marg POS Software is equipped with productivity-enhancing... Read More About Marg POS

Peddle Plus

By Nexme Retailtech Pvt. Ltd.

4.5 (3 reviews)

Starting Price

₹6,499/Year

Inclusive of all taxes

Peddle Plus is a retail management software used by retailers and small businesses to manage their daily store operatio... Read More About Peddle Plus

Fusion Retail

By Rance Computer

4.5 (4 reviews)

Starting Price

₹944/Quantity

Inclusive of all taxes

Calculation of stock and orders: The software has an intelligent ordering system that automatically updates the stock a... Read More About Fusion Retail

Anvesha Departmental Store Software

By Anvesha

4.3 (2 reviews)

Price On Request

The solution is a complete departmental store management system that offers of Super market and retailers the complete a... Read More About Anvesha Departmental Store Software

Reach Bakery Software

By Reach

4.7 (3 reviews)

Price On Request

Cafe & Bakery shop software comes with the options for dine-in, Take-away and home delivery. The software support to... Read More About Reach Bakery Software

Anvesha Retail Store Software

By Anvesha

4.2 (1 reviews)

Price On Request

The solution is a complete Retail Store & Chain System that offers of Supermarket and retailers the complete assista... Read More About Anvesha Retail Store Software

Virtual Splat Online Store

By Virtual Splat

4.5 (2 reviews)

Price On Request

Best retail software for store management software from Virtual Splat is an innovative solution that helps businesses to... Read More About Virtual Splat Online Store

Viva Retail

By Viva ERP

4.6 (3 reviews)

Price On Request

Make your retail store even better with Viva Retail POS Software. This point of sale solution was designed to handle lar... Read More About Viva Retail

Reach Textile Software

By Reach

4.7 (3 reviews)

Price On Request

Reach Textile Software comes with Retail POS (Point of Sale Software), Inventory, Accounting, Lots & Barcode Managem... Read More About Reach Textile Software

Goodwill Cogxim

By Cogxim Technologies

4.2 (2 reviews)

Starting Price

₹14,160

Inclusive of all taxes

Goodwill is an online retail POS software that provides its services in many different places. It is easy to use and mak... Read More About Goodwill Cogxim

New Addition

iDaksh Retail Billing Software

By IDaksh Technologies

Price On Request

iDaksh Retail Billing Software is one of the best retail billing software that deals with the planning, production, or m... Read More About iDaksh Retail Billing Software

Bill Pro

By Bill Pro

Price On Request

Bill Pro provides a set of features for business users to increase productivity and perform core functions accurately. D... Read More About Bill Pro

Last Updated on : 16 May, 2022

What is Retail Billing Software?

Retail billing software for retail shop billing, invoicing, accounting, and inventory is an important part of any retail business. It automates receipt generation and helps in performing calculations, maintaining detailed financial records for bookkeeping, and registering information

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Retail Billing Software Price List In India

Retail Billing Software Cost
Best Retail Billing Software Price Ratings
myBillBook ₹471 /Year 4.9
Vyapar Billing Software ₹599 /Year 4.6
eR4u - easy retail for you ₹10000 /Year 4.7
Ginesys ₹3000 /User/Month 4.4
RoyalPOS ₹5899 /Location/Year 4.8
EffiaSoft Just Billing ₹16709 /year 4.5
Unisolve Software ₹14160 /User/Year 4.7
Marg POS ₹8496 /Year 4.4
Peddle Plus ₹6499 /Year 4.5
Fusion Retail ₹944 /Quantity 4.5

Retail Billing Software Reviews

KS

Kuldeep Singh

review for myBillBook

5

"Easy to use interface. We can generate eway bills. Check our stocks and manage our multiple businesses. Best backend support."

See All myBillBook Reviews

A

Anant

review for Vyapar Billing Software

4

"its very easy to use. little knowledge , also used it very simply."

See All Vyapar Billing Software Reviews

KD

kritanjay dubey

review for eR4u - easy retail for you

4.5

"Its simple and great to use but there are some more things which"

See All eR4u - easy retail for you Reviews

RK

Riyaz Khan

review for Ginesys

4.5

"I am using in my retail store and workers were very happy with this software"

See All Ginesys Reviews

AP

Atul Prakash

review for RoyalPOS

4.6

"Royal pos a great solution for Restaurant, Grocery shop. Marts etc. with good features and it's easy to use."

See All RoyalPOS Reviews

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