Top 10 Accounting Software in Bhutan for Small & Medium Businesses

Managing finances is one of the biggest challenges for small and medium businesses in Bhutan. Whether you run a retail shop, trading company, service business, or manufacturing unit, maintaining accurate accounts is essential for tracking profits, managing expenses, and staying compliant with taxation rules.

As businesses grow, manual bookkeeping and spreadsheets become difficult to manage. That’s why many Bhutan businesses are now adopting modern accounting software that helps manage billing, expenses, reporting, and TPN-based tax compliance efficiently.

This guide explores the top accounting software used in Bhutan for small and medium businesses, helping you choose the right solution for your business needs.

Why Small & Medium Businesses in Bhutan Need Accounting Software

Accounting software helps Bhutan businesses:

• Track daily income and expenses

• Generate professional invoices

• Manage customer and supplier outstanding

• Prepare tax-ready financial reports

• Maintain records required for TPN compliance

• Monitor cash flow and profitability

• Reduce manual errors and save time

Using structured accounting systems improves financial clarity and business decision-making.

What to Look for in Accounting Software in Bhutan

Before choosing accounting software, businesses should check if it supports:

TPN & Tax Compliance

Software should help maintain records required for Bhutan tax filings and audit requirements.

Multi-Currency Support

Many Bhutan businesses deal with BTN, INR, and international payments.

Cloud Access

Access accounting data from office, shop, or remote locations.

Easy Billing & Expense Tracking

Generate invoices and record purchases easily.

Financial Reports

Profit & loss, balance sheet, cash flow, and outstanding reports.

User-Friendly Interface

Software should be easy for business owners and accountants.

Top 10 Accounting Software in Bhutan for SMEs

1. hisabkitab – Simple & Modern Accounting for Bhutan Businesses

hisabkitab is a cloud-based accounting platform designed to simplify financial management for growing businesses. It helps businesses manage billing, expenses, and financial reporting with minimal effort.

Businesses can generate invoices, track payments, and monitor financial performance from a single dashboard. hisabkitab supports multi-currency accounting and helps maintain records required for TPN-based compliance and financial reporting.

Its simple interface makes it suitable for retailers, service providers, traders, and startups in Bhutan.

2. QuickBooks Online – Global Cloud Accounting

QuickBooks Online is widely used by small and medium businesses worldwide. It provides strong expense tracking, bank reconciliation, and reporting tools.

Businesses can automate financial tracking and monitor performance in real time. However, businesses may need to configure tax settings based on Bhutan requirements.

Best suited for growing SMEs and companies working with accountants.

3. Zoho Books – Automated Cloud Accounting

Zoho Books offers automation, invoicing, and workflow management in one platform. It integrates with Zoho CRM and other business tools, helping businesses manage operations alongside accounting.

It works well for service providers and businesses planning to scale operations.

4. Xero – Collaborative Cloud Accounting

Xero allows multiple users to access financial data and collaborate with accountants or finance teams. It provides real-time reconciliation, dashboards, and reporting features.

Businesses may need to customise tax configurations for Bhutan compliance.

Suitable for multi-branch or team-based businesses.

5. ERPNext – Complete Business Management Software

ERPNext combines accounting, inventory, HR, and operational workflows. It provides strong business management capabilities and customisable modules.

ERPNext is generally suitable for larger or fast-growing businesses that require integrated business management systems.

6. TallyPrime (Cloud-Enabled) – Traditional Accounting Solution

TallyPrime is widely recognised across South Asia and offers strong accounting functionality. Many Bhutan businesses use it with cloud access tools to enable remote usage.

It provides detailed financial reporting and inventory tracking but usually requires accounting knowledge and manual data entry.

7. FreshBooks – Easy Accounting for Service Businesses

FreshBooks is designed for freelancers, consultants, and service-based businesses. It provides simple invoicing, time tracking, and expense management features.

It is best suited for businesses with simple accounting workflows rather than inventory-heavy operations.

8. Wave Accounting – Free Basic Accounting

Wave offers free accounting features such as invoicing and expense tracking. It is suitable for startups and micro businesses with basic accounting needs.

However, Wave has limited advanced reporting and compliance features.

9. Busy Accounting Software – Accounting with Billing & Inventory

Busy combines accounting with billing and inventory tracking. It is commonly used by trading businesses and distributors.

While it offers strong accounting functionality, the interface may feel complex for new users.

10. Vyapar – Simple Billing & Basic Accounting

Vyapar focuses on easy billing and basic bookkeeping. It works both offline and online and is easy to use for small retail businesses.

It is best suited for businesses with simple accounting requirements.

How to Choose the Right Accounting Software in Bhutan

Use this checklist when selecting software:

Supports TPN-based financial record maintenance
Offers multi-currency accounting
Provides cloud and mobile access
Generates real-time financial reports
Easy for business owners to use
Scales with business growth

How Accounting Software Helps Bhutan SMEs Grow

Businesses using accounting software experience:

• Faster invoicing and payment tracking

• Better expense management

• Improved financial visibility

• Reduced accounting errors

• Easier tax compliance

• More time to focus on growth

Conclusion

As businesses in Bhutan continue to grow, manual accounting is becoming difficult to manage. Modern accounting software helps businesses stay organised, compliant, and financially aware.

Among available options, platforms like hisabkitab are becoming popular because they combine simplicity, cloud access, multi-currency support, and compliance-ready reporting — making accounting easier for Bhutan businesses.

Ready to Simplify Accounting for Your Bhutan Business?

Try hisabkitab and manage invoicing, expenses, and financial reporting from one easy cloud platform. Stay organised, stay compliant, and focus on growing your business.