One of the challenges faced by MSMEs is poor record keeping for their businesses. Some of the reasons for this are lack of discipline and the lack of capacity to keep records. The NYCC has therefore created a simplified cloud based bookkeeping solution. The solution helps subscribers enter basic information like sales, purchases, and expenses daily, using a mobile phone. These entries are computed at the backend into subscriber’s books of account. Detailed accounts are sent to the subscribers on a monthly basis.