Sharp Accounting: A Cloud-Based Financial Management Platform for Small and Medium Enterprises
Tanush Ailani Computer Engineering, V.E.S Polytechnic [MSBTE] Mumbai, India Email: co2023.tanush.ailani@ves.ac.in
Mohit Chawla Computer Engineering, V.E.S Polytechnic [MSBTE] Mumbai, India Email: co2023.mohit.chawla@ves.ac.in
Manit Chellaramani Computer Engineering, V.E.S Polytechnic [MSBTE] Mumbai, India Email: co2023.manit.chellaramani@ves.ac.in
Jatin Kotwani Computer Engineering, V.E.S Polytechnic [MSBTE] Mumbai, India Email: co2023.jatin.kotwani@ves.ac.in
Ms. Asavari Salve Professor of V.E.S Polytechnic [MSBTE] Mumbai, India Email: asavari.salve@ves.ac.in
Abstract Sharp Accounting is a cloud-based accounting and financial management platform developed to simplify, automate, and digitize the core accounting operations of Small and Medium Enterprises (SMEs). The system is designed to handle end-to-end financial workflows including purchase management, sales invoicing, bank transactions, cash handling, journal entries, and final financial reporting within a unified web-based environment. Sharp Accounting addresses common challenges faced by SMEs such as manual bookkeeping errors, time-consuming calculations, lack of real-time financial visibility, and difficulty in managing multiple companies and financial years. The platform incorporates automated tax and total calculations, structured data entry mechanisms, centralized record tracking, and role-based access control to ensure accuracy, efficiency, and security. Additional features such as one-click PDF generation for invoices and reports, along with planned Artificial Intelligence (AI) integration for intelligent assistance and analytics, further enhance the system's usability and scalability. By leveraging modern web technologies and cloud infrastructure, Sharp Accounting provides a reliable, secure, and future-ready solution for improving financial control, compliance, and decision-making for SMEs.
Keywords Cloud Accounting, SME Finance, Financial Management, Automation, Web Application, React.js, Node.js, GST Compliance.
