There are also phone numbers for several counties that you can call, and you can check its customer support contact page to learn more. Besides the details, there are also the aging summary and details of each category, which can provide insight on your unpaid or overdue transactions over time. In these reports, you can customize the aging interval and date range, and you can also pick which columns to display.

For instance, there’s Zoho Projects for project management, Zoho Inventory for inventory management, Zoho CRM for customer relationship management, and Zoho Expense for expense tracking. For an additional fee, you can set up additional users and give them only the access needed for their role. However, when you get used to the nuances, you should be able to understand the software easily. Time tracking is especially important for small businesses, who may need to track various contractors and the hours spent on clients for accurate billing and planning.

Subscription payments are made monthly; however, if you commit to a year-long plan, you can receive a discount. It’s possible to cancel the service at any time, even year-long plans (year-long users can receive a prorated refund). Zoho’s add-on feature is a unique and novel addition. You can add an additional user for $2 a month which is very helpful and was a common complaint before it was introduced. Zoho Books also offers an auto-scan option, and you’ll have to pay $15 per 25 auto-scans. You can send invoices and estimates by mail directly through Zoho Books if you purchase snail mail credits.

It has taking me three months to find the right software that works for my company and my clients. It has integrations beyond the big competitors and has a customer portal for viewing and paying invoices. Zoho Books is a great accounting solution for small businesses that need basic bookkeeping, strong invoicing, good mobile apps, and great customer support. Zoho Books is also a good option if you use other Zoho products, as they will all integrate and work together.

Accountant

Under this pricing model, the system is accessed over the internet, as opposed to installed on-premises. The payment is made either on a per user basis or subscription basis. Ideally, customers are required to pay a recurring monthly fee until a specific period for using the tool. Subscription pricing model is more common with Software-as-a-Service apps. Zoho Books pricing begins at $20 per month and can cost as much as $70 per month. Pricing operates on either a monthly or yearly basis, and each plan has a limit to how many users can utilize the software. Additional users are billed at $3 per user per month, and customers can also add 50 scans per month for $10.

Because you can connect with a lot of payment gateways, you’ll be able to accept credit card payments from your customers. There is also a client portal to help your clients manage their invoices and projects. Zoho Books is a robust piece of accounting software that lets you manage your business from one place. Just like QuickBooks Online, it offers a range of features suitable for both product-based and service-based businesses. It’s priced competitively, and if all you want to do is monitor your financial condition, it does its job perfectly. Wave’s easy-to-use accounting software can connect your bank accounts, sync your expenses, balance your books, and get you ready for tax time. Zoho Books is a comprehensive web based/online accouting tool to help companies manage their account, inventory, purchase etc. with ease.

• Gekko seeks to simplify the accounting tasks for accountants, entrepreneurs, and small businesses....
• Out of 5icon"The setup is fairly straightforward, and the learning curve is very manageable. It's really nice to have a good set of defaults for categories and account structure."
• In addition, users can send customized statements to clients and receive payments in multiple currencies.
• With Zoho Books, get reliable quality support over email, chat, or phone in a matter of minutes.No hidden charges, no sudden pricing updates, get all the product updates at no extra cost.

Customers can also create their own custom HTML templates. Zoho Books’ attractive UI is easy to set up and well-organized. The accounting software is generally intuitive and easy to use, although it can be a bit difficult to navigate at times — there are so many features that some get hidden within each other. Once you get used to the nuances, Zoho Books accounting software is a joy to use. The company provides excellent customer service and support resources to help you understand the software. Zoho Books is a feature-rich accounting program that costs a fraction of what QuickBooks does.

Tim is a Certified QuickBooks Time Pro, QuickBooks ProAdvisor for both the Online and Desktop products, as well as a CPA with 25 years of experience. He most recently spent two years as the accountant at a commercial roofing company utilizing QuickBooks Desktop to compile financials, job cost, and run payroll. Zoho Books has complete inventory tracking features for tracking stock levels.

User

Clients have the option to view their home dashboard, estimates, invoices, and project details and can make partial or full invoice payments directly through the portal. The best part is, you get real-time notifications about when your invoices and estimates have been viewed and paid. https://www.bookstime.com/ Finance teams can customize invoices and get paid faster with the platform’s online payment options. In addition, users can send customized statements to clients and receive payments in multiple currencies. Zoho Books streamlines business transactions and tracks income and expenses.

See more details on the competition in our full roundup of the best accounting software for small businesses. Before you decide whether Zoho Books makes sense for your business, it’s a good idea to compare it to some of the other accounting software. While Zoho excels in the customer support department by offering phone and email support, live chat and a wealth of website resources, its free trial is only 14 days.

Great Software And Eat Off Use

The “items” page is where you can find a list of your inventory and create an entry. Cloudwards.net may earn a small commission from some purchases made through our site.

Her main areas of interest are content creation, user experience, and search engine optimization. Zoho Books also has a “Find Accountants” button in the dashboard with a list of authorized Zoho Finance partners. If you aren’t already working with an accountant but have selected Zoho Books as your accounting software of choice, this is a great way to find an accountant who is an expert at using the Zoho suite. Zoho Books’ basic client CRM lists all your customers and provides their contact information, as well as any current outstanding receivables they owe your company. While this isn’t the most advanced of built-in CRM systems, it works sufficiently well to capture client information.

For $8 per month, you’ll receive access to 50 scans per month. It's great with most accounting tasks required for a 100+ size business. They've been good with upgraded in features & we've got all required reports. Integrations with other Zoho products is a cake-walk. We've seen a 22% increase in sales within 2 months as we've saved a lot of effort on other silly tasks. I would like to recommend it to make accounting hassle-free. It's a good and efficient software for small business purposes and can do easily using businesses there is a 14 day free trials for every new user.

Common Zoho Books Faqs

According to some users, the reporting functionality of Zoho Books is cumbersome. 4.7/5 rated mobile app that brings budgets, virtual cards, and more into a single app.

• Overall a usable software with the great interface, the only lag is it's a little slow in real time.
• Freelancers, entrepreneurs and microbusinesses need accounting software just as much as larger firms.
• These reports will be important for some decision-making, but it seems unnecessary to separate these reports into different templates.
• Unlike other platforms, such as Wave or Sage, Zoho Books doesn’t offer integration with third-party payroll services.
• Zoho books can be integrated with other Zoho products.Its very easy to reconcile data for financial reporting.
• Zoho Books’ Basic plan has the same price tag as Xero’s Early plan, which would be a great option if you need Xero’s inventory features and rarely generate transactions.

Grab the payments easily through the help of payment reminders. Our team of experts works with full dedication and round the clock to provide the best services to our clients to help their business grow. We deliver enduring results and ensure sustainable growth. zoho books The downside is that there is no US payroll , which is a significant disadvantage. If you want to keep your existing payroll but need a separate accounting solution, Zoho Books is an excellent choice. Zoho Books is excellent for small businesses on a budget.

Zoho Books Professional Plan

In Zoho Books, you have complete control over your company’s income and expenses, mileage claims, VAT returns, and finance reports. The payables functionality module in Zoho Books will help create, send, and manage bills. The receivables functionality module in Zoho Books will streamline your invoicing process to help automate the process of receiving payment from clients. To take your accounting processes to the next level, you might want to consider the Zoho Books auto-scan add-on. It will allow you and your accountants to scan financial statements so that Zoho can extract key information automatically and input it into your account.

• It has a very competitive free plan, an easy-to-use interface, and ample features for automating business processes.
• It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.
• QuickBooks and Zoho Books share some strengths, especially their user-friendly software, highly rated mobile apps, and extensive reporting.
• We suggest Zoho Books for companies seeking for a full accounting application at a fraction of the cost of more costly software like QuickBooks based on these findings.
• Zoho is lacking project costing and project profitability feature.

With Zoho online accounting software, you can easily create the e-way bills. The Zoho Books software automatically detects all the transactions that may be needed for the e-way bills and capture all the information in the invoices and transfer all the copies. There are tons of other features like time tracking, expense tracking, accounting, inventory, journal entries, sales orders, purchase orders, credit memos, report tags, default email messages, etc. Zoho Books is a comprehensive accounting suite with exceptional invoicing and a bundle of other features. In recent years, Zoho books has seen huge advancements that you would see in bigger competitors, such as Xero or QuickBooks. It is the most affordable software as compared to FreshBooks, QuickBooks, and Xero, which have significantly increased their prices.

The Final Verdict: Is Zoho Books Worth It?

Excellent software - use it daily to keep my records up to date, invoice customers and process... We were looking for an upgrade from Freshbooks & came across Zoho Books, It has 90% features of leading software at probably 25% of the cost. Moreover, we already had Zoho CRM to simplify it all further. Though Zoho Books is a brand, it needs to update its system from time to time.

Zoho Books is an easy-to-use, cloud-based accounting software with an invoice, inventory and project management system. It offers a competitive free plan and a variety of features to make your processes easier and more efficient. Zoho is a particularly good option if you’re a smaller or medium-sized business in search of an alternative to alternatives to larger, more expensive software. Zoho Books is a standalone accounting software solution, but Zoho offers an entire suite of products that integrate with each other and can manage most aspects of your business.

In our case study, we thoroughly evaluated Zoho Books to see how it performs across 11 predefined categories and how it stacks up against QuickBooks Online and Xero within the same set of features. The graph below shows the summary of our case study. Tim is a Certified QuickBooks Time Pro, QuickBooks ProAdvisor, and CPA with 25 years of experience.

• Icon"Through the Zoho Books software, our payments integration is always great and fabulous."
• Inventory tracking tools are available on the Professional plan.
• Zoho Books has many features that will benefit microbusinesses, including accounting process automation, invoicing, online payments, and tools for time tracking and project management.
• While Zoho’s starting price went up (from $9 to $15), its accounting plans no longer limit the amount of clients you can bill per month.
• Connecting with Avalara also ensures that you'll be taxing your customers at the correct rate.
• Recurring cost is greater as customers are required to make monthly payments as a subscription fee.

The software helps users work collectively across departments and enables finance teams to stay on top of the payables and know where the money is going. From vendor bills to expenses, Zoho Books makes managing payables simple. You can schedule reports to be automatically generated weekly, monthly, quarterly, or annually and then emailed to you in the format of your choice . More than 40 standard reports are built into the software, including a general ledger, profit and loss, sales by item, timesheet details, and aged receivables and payables. With over 60 million users globally, Zoho's 45+ products help you with sales and marketing, support and collaboration, finance, and recruitment.

With the help of Zoho Books, I could share professional invoices with my clients and could also receive online payments using this single platform. It was drastically reduced my workload by managing the entire firm's financing need. You can get the features like cash flow statements, Balance sheets, Profit and Loss, smart design in Zoho Books by paying just an affordable cost. The Zoho books are also integrated with Zoho apps hence it is easier for me to deal with accounting challenges and make better decisions. According to the findings, Zoho Books wins in the project accounting, customer support, and mobile app categories. While it lags behind QuickBooks and Xero in terms of sales and taxes, it has a tiny advantage in terms of inventory and is a close competitor to QuickBooks in terms of general functionality.

What Are Zoho Add

Zoho Books starts at $15 a month for three users if you pay annually. If you’d rather pay month to month, Zoho starts at $20 a month instead. And while Zoho Books’s cheapest plan includes a chart of accounts with journal entries, it doesn’t automatically generate those journal entries. Since you make a journal entry every time you debit or credit an account, we can’t recommend the Standard plan unless you record just a few transactions a week. Practically speaking, Zoho's lack of payroll syncing means you'll use separate payroll software to calculate employees' wages. Then you'll re-enter that same information in your Zoho Books chart of accounts to ensure your business finances are accurate.

You can save your reconciliation before completion and return to it later. The only issue we found is that there’s no option to enter monthly service fees as part of your reconciliation, so you’ll need to enter the fees in a separate transaction before reconciling. You can create a new repeating expense or bill through the quick-add button. You can also do this through the “recurring expenses” or the “recurring bills” page. Just like in recurring invoices, set up a frequency and a starting date for your recurring purchase.