HostBooks

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HostBooks
Private
IndustryEnterprise software
Founded2009; 13 years ago (2009)
FounderKapil Rana
HeadquartersGurgaon, India
Key people
  • Amit Mukherji (CEO)
  • Biswajit Mishra (CDO)
Websitehostbooks.com

HostBooks Limited is an Indian integrated cloud-based application to maintain Accounting, Tax, GST, TDS, E-Way Bill and Payroll records.[1] Established in 2009, New Delhi based HostBooks Limited is founded and incorporated by Kapil Rana with operations in San Francisco and India.[2]

With a single-click filing process, the software offers a structured approach, tools and automation-in process.[3]

History

On 1 July 2017 the Goods and Services Tax (GST) was implemented that brought a change in the way businesses function in India. This gave rise to the need for a software which could help in the new procedures and formalities attached to calculating tax.[4]

This also resulted in the popularity of HostBooks, accounting software which offers billing and return filing experience, making the management of accounts easy.

In 2019, SMB accounting solution was launched for small business services in San Francisco, USA with a focus on automation.[2]

In May 2020 - the lockdown period, HostBooks users increased significantly for their cloud-based all-in-one accounting and compliance system.[5]

Collaborations

In 2019, HostBooks launched a TV Show – ‘GST pe Charcha’ to assist businesses on GST-related queries.[6]

In December 2019, HostBooks was also selected as GST Suvidha Provider (GSP) by GSTN. GSP are empowered with technical capabilities to handle multiple service related to GST.[7]

In January 2020, HostBooks signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body. This significant move was taken to encourage the use of technology and automation among chartered accountants.[8]

In the media

              

References

  1. "HostBooks Introduces GST And TDS Accounting Software In India". Business Sandesh. Retrieved 2020-06-11.
  2. 2.0 2.1 "HostBooks Enters The SMB Accounting Arena". PYMNTS.com. 2019-01-25. Retrieved 2020-06-11.
  3. "How HostBooks Is Pushing Seamless GST And Accounting Compliance Through Automation". Forbes India. Retrieved 2020-06-11.
  4. Mathawan, Rohan (2019-05-03). "How India's Leading GST software company HostBooks is transforming the market". TechStory. Retrieved 2020-06-11.
  5. "Chartered accountants shifting to cloud tech for tax, GST filing due to lockdown | liveMint". Retrieved 2020-06-17.
  6. "HostBooks launches TV show 'GST Par Charcha' to assist businesses on GST related queries". Business Standard India. 2019-07-24. Retrieved 2020-06-11.
  7. "GST Suvidha Provider (GSP)". www.gstn.org.in. Retrieved 2020-06-11.
  8. "होस्टबुक्स के साथ आईसीएआई चार्टर्ड अकाउंटेंट्स को देगा फ्री सॉफ्टवेयर". Navbharat Times (in हिन्दी). Retrieved 2020-06-11.

External links

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