How Much Does It Cost to Develop a Ledger Management Mobile App like Khatabook

The transformational behavior put forward by mobile applications hold huge potential. It can eliminate the friction that forces a business to stay back from being a successful one. The advent of mobile applications has a lot more to do on the business ecosystem and researches are still in progress. Moreover, we can say that mobile applications are taking businesses to the next level where its day to day operations was made seamless and transparent. Contributions put forward by mobile application in evolving a digital economy are massive yet vibrant.

Businesses are aggressively adapting mobile applications on to their internal frameworks for achieving the best. Mobile applications not only help businesses in achieving organizational smoothness but also help them to stand out among its competitors. The outcomes of having a mobile application leveraged business are quiet stunning and awesome. The best usage of mobile applications can help businesses in targeting the right users at the right time. Having a mobile application for a business is like having the right tools to grind success. In this article, we are going to see one such mobile application that helps SMBs in maintaining the daily ledger. Khatabook, the online ledge mobile application can be leveraged to maintain ledgers on a real-time basis. As the demand for a mobile application like Khatabook is skyrocketing e are going to see the in and out features of Khatabook, its characteristics, and its peculiarities. We will also discuss the cost to develop an online ledger mobile application like Khatabook. So let us get started!

More about Khatabook

Khatabook is a mobile application founded by Mr. Ravish Naresh in the year of 2018 and is headquartered in Bangalore. Khatabook is a digital ledger that operates leveraging a mobile application. The application is developed to serve a wide range of SMBs, small shop owners, Kirana stores, etc. Khatabook application helps business owners and merchants in a multitude of ways. They help them in keeping a digital track record of their transactions. Khatabook is the best solution for small business owners who find it hard to collect back the price of goods given on a credit basis. The Khatabook application helps entrepreneurs in sending free messages to the customers thus reminding them about the credit amount. Because of the advantage it offers, the Khatabook app has turned out to be a massive success in its domain and has gained a huge amount of traction from the global community. The company has raised a potential amount of funds and is growing at a rapid pace along with the small business owners. As of now, the application is available in both the Android and iOS version and have about ten million downloads. Because of the massive hit the app has become, entrepreneurs out there are actively looking to bet their luck developing a digital ledger mobile app like Khatabook.

Need for a digital ledger maintaining app like Khatabook

The worst part of running a business in the conventional ways is following up with the credit bills. It can be even worse when any of those data has gone missing. Even though it’s hard to run a business without a credit facility, one cannot just survive in the market without the same. Lack of proper solutions in overcoming this problem stayed always at the top.It is in this picture that Khatabook is making its remarkable entry. It has backlashed all of the conventional ways and has added more transparency in running a business. Khatabook was a blessing to all of those small business owners, shop keepers, and Kirana stores in following up credits and maintaining a perfect digital ledger system.

Features of a ledger mobile application like Khatabook

· Sign Up/ Sign In

The app should have a mandatory feature that allows the merchants to create an account on the mobile application. Customers can make use of their mobile number to create an account on the Khatabook.

· Add business

Add business allows merchants in adding their merchants to the mobile application. They can name their business, add location details, business logo, etc. Other than business names, they can add their name as well.

· Add customer

To maintain the digital ledger system in a hassle-free manner, the mobile application should allow merchants to add their customers. They can provide the complete details of the customer including their address, name, profile picture, etc. Likewise, they can add each account for each customer including the complete payment history with the date. This feature also allows the merchant to enter the complete details of the transaction as a note. Also, they can attach relevant images as a supporting document. It also has a calculator integrated into it.

· Request money

The app offers businesses hassle free ways of reminding the customers about their pending payment. The app is integrated with online payment facilities and this offers them seamless experience in collecting the payment.

· Payment History

Payment history allows merchants to stay on top of the complete details of transactions that had taken place. It helps them filter results based on date, time, and various other metrics.

· QR Code scanner

The app allows the merchants in scanning QR codes that enhance the mode of payment

· Business card

Merchants can leverage the digital business card within the Khatabook mobile application. It includes features like your name, image, shop address, phone number, business tagline, contact details email address, etc. Also, the app allows the merchants to share the business card with the customers.

· Settings

Settings option facilitates various options that will allow the customers in managing their account details seamlessly. Some of the basic features in the settings option are pin lock, language, Backup Information, etc.

Features affecting the app development cost of a digital ledger mobile app like Khatabook

We have seen the key features of a mobile application like Khatabook. Demand for a mobile application like Khatabook is skyrocketing because of the advancement it offers. Entrepreneurs are actively looking to develop an app like Khatabook. Coming to the costing part of the app, it is bound to a large number of factors. Let us discuss some of them in detail. The very first cost deciding factor of an app like Khatabook is the operating systems for which the application is built for. As of now, there are two main platforms, one iOS, and the other Android. The other factor that decides the application development cost is the size of the application, location of the application, technologies used in the application, app maintenance, app deployment, app enhancements, etc.

How much does it cost to develop a mobile application like Khatabook

The aforementioned are some of the key factors that determine the mobile application development cost of a credit ledger system like Khatabook. Coming to the costing side, the cost of developing a mobile application like Khatabook will be approximately USD 10,000 to USD 30,000. The cost may vary based on the demands and requirements.

DxMinds Innovation Labs- the best Kirana ledger development mobile application development company

DxMinds Innovation Labs is a leading digital transformation and digital ledger mobile application Development Company. DxMinds focuses on delivering outstanding services to the clients thereby playing a key role in enhancing their digital transformation strategies. For more details on how the mobile applications built by DxMinds can enhance your business and to avail a free consultation, drop a mail to info@dxminds.com