Accounting Software for Your Chinese Company

Do you have a company or plan to start a business in China and need an accounting software solution? There are plenty of services available in the Chinese market, both free and paid versions, that we explain more about in this article.

In this article, we list some of the most popular companies that provide software accounting solutions to small, medium, and large-sized businesses in China. If you have any other recommendations, feel free to drop a comment below.

Megi

Megi is a leading cloud-based accounting software that is suitable for SMEs who operate in China. It’s a perfect choice if you need software that is adapted to China’s complex taxation systems and requirements.

Megi can help you to save both time and money thanks to its neat online accounting solutions. The basic features included in Megi allows you to

• Invite other team members and accounting professionals
• Create standard financial and management reports
• Customize management reports through the Excel reporting plugin
• Connect to all banks in China and upload statements in a minute
• Integrate with apps, such as expense and inventory systems
• Get access to support materials and their helpdesk via wechat and phone
• Others

Packaging & Prices

Megi offers a standard package that costs RMB 400 / month. You can also opt-in for a free trial that lasts for 30 days. Some perks about the standard package are:

• It has both a Chinese and English user interface
• An unlimited amount of users
• You can send unlimited invoices
• You can enter any number of bills
• You can submit and claim expenses
• You can reconcile bank transactions
• You can reconcile invoices, bills with output & input fapiaos
• Handle multiple currencies
• Others

Integrations

Megi is integrated with several Chinese banks, but doesn’t stipulate in detail which companies there are. I recommend you to contact them directly if you need any specific information about the integrations.

Yonyou (用友)

Yonyou is a leading accounting software that was founded in Beijing in 1988. The company has more than 15,000 employees and 5.2 million customers, making it one of the largest accounting software companies, not only in China but in the world. In addition to China, they provide accounting services in other countries in the Asia Pacific.

The company specializes in:

• Enterprise Resource Planning
• Supply Chain Management
• Manufacturing Resource Planning
• Finance Management
• Human Resource Management
• Project Management System
• O2O E-Commerce
• Office Automation
• PaaS

Over the years, Yonyou has built up an impressive track record of clients, including famous names such as Coca Cola, China Mobile, Shell, P&G, and Nanshan Group. The company has offices in various countries all over the world, including China, Canada, France, Vietnam, Singapore, Malaysia, and Thailand.

Packaging & Prices

Yonyou offers a financial management system that helps you with real-time business data, automatic accounting, and financial big data analysis service. You’ll also be able to manage accounts payable and receivable, e-billing, invoice management, and Tax Management.

Besides, you can integrate with 3rd party companies, such as telecom service business, travel service, financial service, banquet service, procurement services, and more.

Yonyou doesn’t display any prices on their website. Therefore, you can connect them directly to receive an individual quotation.

Integrations

The same as it goes with the prices, there’s no official information about available integrations with Yonyou. Thus, you can ask for this information at the same time.

Kingdee KIS

Kingdee was founded in 1993 and is an award-winning accounting software listed on the Hong Kong Stock Exchange. The company is headquartered in Shenzhen and provides plenty of services tailored to the mainland Chinese market. As of 2017, they had a 43.56% of the Chinese cloud financial market.

Kingdee has helped more than 7,329,890 customers and has 112,159,760 users, which is kind of amazing. Their main services include:

• Intelligent Manufacturing
• Mobile Solutions
• Human Resources Management
• E-commerce Solutions
• System functions
• Financial Accounting
• Supply Chain Management
• O2O Solutions

Over the years, Kingdee has built up important partnerships with numerous companies, including RICOH and Infoware.

Packaging & Prices

Kingdee has more than 25 years of experience in the corporate finance field and offers cloud financial management solutions to small and large businesses alike. Their packages start from USD 480 per license.

Integrations

Kingdee doesn’t present the integrations available on their website. For more information, you can contact them directly.

Akaunting

Akaunting is a popular online accounting software that is completely free of charge. They provide accounting services in 42 countries and have 50,000 users, 10,000 community contributors, and 150,000 download users.

The software has an easy-to-use interface, multilingual admin & client panel, tablet & mobile ready interface and many features, including:

• Online accounting
• Open source accounting
• Customer management
• Easy invoicing
• Deposits & transfers
• Vendor management
• Others

Packaging & Prices

As mentioned, Akaunting is completely free and you can use it over a lifetime, according to their website at least.

Integrations

You can integrate Akaunting with dozens of applications and programs, including Magento, PayFast, Shopify, PayPal, and more.

Manager

Manager is a leading and free accounting software that’s suitable for small businesses. You can use it for Windows, Mac, Linux and the software is available in more than 70 languages.

The software can be used for many other purposes as well, such as invoicing, payroll management, and the list goes on. Some notable features of the software are:

Just some examples of other features include:

• Billable expenses
• Capital accounts
• Profit & loss statement
• Balance sheet
• Fixed asset management
• Statement of changes in equity
• VAT, GST or sales tax

This is a suitable choice if you want to have a simple solution that is for free.

Packages & Prices

The software doesn’t cost anything and allows you to:

• Manage accounting, invoicing, payroll and more
• You can use it offline
• The data is portable across all versions of Manager, including our Cloud & Server

Integrations

Manager.io currently doesn’t provide any information about available integrations on the website.

Photo Credits: Photo by moerschy on Pixabay