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What Is Khata Book App? And The Benefits Of Digital Khata
The traditionally known Khata book is a tracker of all the financial transactions for a business. Especially in the case of MSMEs in India, the micro and small business owners like your local grocery vendor or any small shopkeeper, maintain a sale khata and an udhar khata. These small shopkeepers or your local Kirana store owners maintain these financial transactions manually.
Khata Book app is a new way of maintaining a khata book through a mobile app. The online khata book helps the local small and medium Kirana store owners to manage their sale khata and udhar khata digitally, helping them track the money. The old-school khata book diary is now maintained as a digital ledger.
Apart from being able to store their information online, there are other benefits that the app offers. Here are a few:
Benefits of Digital Khata
Access anywhere and anytime - The digital khata can be accessed anywhere and anytime using the khata book app using a mobile or laptop.
No fear of losing documents - The documents are stored on the cloud therefore the possibility of losing the records ...
... is zero.
No fear of documents getting damaged - Online stored documents are safe and stored on the cloud.
Cost-effective - Rather than spending money on creating and storing manual records, digital khata is free of cost.
Sending reminders for payments - Through digitally stored Khata book udhar, reminders can be scheduled for payment reminders.
Generating professional bills - The sale khata can be saved in professional billing formats.
Once the time spent on managing the khata books is reduced, they can focus better on other business aspects that are more crucial for business.
The Kirana stores that are also known as the mom and pop stores constitute 90% of the grocery market in India. Therefore the Digital India initiative of the government can't leave them behind. The online khata book diary through the khata book app is a step to bring the MSMEs to another technically advanced stage.
Digital khata helps resolve a lot of day-to-day troubles of these small store owners in maintaining the khata book diary.
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