Top 3 Free Accounting Software for Small Businesses in Bangladesh

 

 

Top 3 Free Accounting Software for Small Businesses in Bangladesh

Running a small business in Bangladesh is no easy job. Between managing inventory, dealing with customers, and keeping up with day-to-day operations, there’s one task that entrepreneurs often find tricky—accounting.

If you’re like many small business owners, keeping track of your income and expenses can feel overwhelming. The good news? You don’t need to be a finance expert or spend a lot of money to manage your accounts. Today, there are several free accounting software options designed specifically for small businesses in Bangladesh.

In this post, we’ll explore the top 3 free accounting software in Bangladesh and help you choose the one that fits your business best.

Why Use Accounting Software in the First Place?

You might be thinking, “Can’t I just use Excel or jot down numbers in a notebook?” While that’s possible, it can lead to errors and wasted time.

Here’s what accounting software does for you:

  • Tracks income and expenses faster than manual methods
  • Reduces calculation errors that can cost you money
  • Creates professional invoices with just a few clicks
  • Generates reports so you understand your finances better
  • Makes tax time easier with organized records

Now let’s check out the best free tools available right here in Bangladesh.

1. HisabNikash – Made for Bangladeshi Businesses

Let’s start with HisabNikash, a locally developed cloud-based accounting solution that’s quickly becoming a favorite among small business owners in Bangladesh.

Why Choose HisabNikash?

  • Bangla-friendly Interface: The entire platform is designed with Bangla-speaking users in mind. That means less confusion and faster learning for you and your team.
  • Free Forever: Yes, you read that right! HisabNikash offers a permanently free version with features most small businesses need.
  • Comprehensive Dashboard: Track your sales, expenses, and profit margins—all in one easy-to-understand dashboard.
  • Mobile Friendly: Whether you’re in the shop or on the go, you can access your records from your phone.

Perfect For:

Shop owners, freelancers, and small-to-mid retail businesses that want an easy-to-use, Bangla-based accounting system.

Our Take:

HisabNikash is ideal for local businesses that want a simple, no-nonsense solution in their native language. Plus, being made in Bangladesh means it takes into account the unique needs of local entrepreneurs.

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2. Wave Accounting – Global Simplicity, Bangladeshi Usability

Next up is Wave Accounting, a globally recognized name that also works well for Bangladeshi businesses. Even though it’s a Canadian product, many local users appreciate its straightforward design and powerful features.

Why Choose Wave?

  • Globally Trusted: Wave is used by millions of small businesses around the world.
  • Unlimited Invoicing & Tracking: Generate and send custom invoices, track payments, and even see which clients haven’t paid yet.
  • Bank-Level Security: Your financial data is backed up and encrypted, so it’s safe and sound.
  • No Hidden Charges: There’s no monthly fee—most core features are 100% free.

Things to Note:

Wave uses USD and doesn’t natively support BDT (Bangladeshi Taka), so you’ll need to customize your invoices or convert currencies. Also, since customer support is based abroad, response times may vary.

Perfect For:

Freelancers, service providers, or export-oriented businesses comfortable working in English.

Our Take:

If you’re okay with handling invoices in dollars and don’t mind using English, Wave offers world-class tools—without the price tag.

3. Akaunting – Open Source Power for Growing Businesses

Last but not least is Akaunting, a free open-source accounting solution that’s gained global popularity, including in Bangladesh. What makes it special? You can install it on your own server or use their cloud version.

Why Choose Akaunting?

  • All-in-One Accounting: Akaunting lets you manage invoicing, expenses, taxes, reports, and even multi-currency operations.
  • Add-On Marketplace: Need payroll, POS, or budgeting? Add more functionality as your business grows.
  • Mobile Ready: Access your account from any device, anywhere, anytime.
  • Privacy & Control: Host it yourself for ultimate data privacy.

Who It’s For:

Medium businesses or tech-savvy users wanting full control over their accounting tools.

Our Take:

Akaunting is perfect for businesses that need flexibility and plan on growing. If you have someone to handle IT or feel confident about tech, this one’s a dream.

So, Which One Should You Go For?

Choosing the right free accounting software comes down to your specific business needs. Here’s a quick cheat sheet to help:

  • Just starting out? Go with HisabNikash—it’s free, simple, and made for Bangladesh.
  • Comfortable with English? Try Wave for polished, global tools and easy online invoicing.
  • Tech-savvy and planning to scale? Akaunting gives you flexibility and customization.

Final Thoughts

Accounting doesn’t have to give you a headache, especially with tools like these built to make your life easier. Whether you run a small grocery store in Dhaka, an online boutique in Chattogram, or a freelancing business from home, using a free accounting software can save you time and boost your profits.

Ask yourself: Is my current accounting method helping or hurting my business?

With so many free accounting tools in Bangladesh, there’s really no excuse to stay stuck in spreadsheets. Explore, experiment, and find the system that’s right for you.

Ready to Take Control of Your Business Finances?

Start with a free tool today. Who knows? It might just be the game-changer your business has been waiting for.

Looking for more tips for small businesses in Bangladesh? Stay tuned to our blog for practical guides, local resources, and success stories.

Your money matters—start managing it wisely.

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