In the context of “SwachhSarvekshan”, the concept of waste management plays a very significant role in achieving the vision and mission of “Swachh Bharat Abhiyan”, the clean mission of India. Waste, on one hand, can become a factor undesirable, on the other and the most important angle can contribute significantly to the national income as it has the potential to become a great source of income if put to use through recycling and reusing. The present research paper focusing on domestic waste highlights the software solution that was designed using MATLAB-GUI for using in accounting for revenues or losses generated during the administration of waste management, particularly at the municipality level. Considering nine modules with nine parameters as one for each module, the software formulated assists in the calculation of revenues generated out of recycled and reused waste, in a flash of a moment. The software will also provide a solution for re-planning the process of re-usage of waste if any discrepancy is found between the budget amount and the actual costs incurred. The cumbersome managerial issues hitherto involved in various administrative processes for waste management find an easy electronic solution in the software designed in the current research paper.