Problems faced by current Businesses • Business health can be monitored by their Account statements. • Small business owners are yet not fully aware of the importance of the need for accurate and efficient accounting. • Employing people for accounting purposes is an added cost. • The accountants may not advice/correct their employers • They might be prone to human errors. • Small businesses would need extra help in order to keep track of debtors and creditors. Need for a better accounting solution • Accounting softwares are easy to use. Require no maintenance. • They display data which is easy to understand and is transparent. • They keep good track of debtors and creditors and have the functionality to notify them of their balance payments. • Human error minimized. • Less than the cost of hiring an accountant. • Data can be directly exported to a CA for tax filing purposes. • Software can be tailor made according to the requirements.