Zoho Books Review 2022

The admin will save a considerable amount of time adding and assigning tasks with a single click, and managing all contacts from a single platform. The real blessing in disguise when it comes to this system are automated bank feeds, thanks to which companies avoid manual data entry, and import transactions easily from any account or credit card. Banking rules are considered in advance, and transactions are grouped automatically. Zoho Books also offers many support options, including a YouTube series, live webinars, Twitter and Facebook accounts, a knowledge base, live chat, contact, form, phone, and email. There are a mind-boggling number of criteria where you can filter your reports in the most minute detail. The reports are well categorized, and easy to navigate for simple drill-downs.

After reconciling your bank transactions, you can see your detailed reconciliation status reports, including matched and unmatched transactions. 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.

While the cloud-based desktop route is a great one to take we’re also really impressed with the level of detail applied to Zoho Books range of apps. These have been nicely put together and deliver everything you need to keep tabs on your accounts on the move.

We also wanted it to have a mobile app that helps busy entrepreneurs keep up with their accounting tasks on the go. This affordable accounting software lets you create, send, and track invoices and is extremely easy to use. Zoho Books is a fine pay-as-you-go cloud-based accounting option that provides you with many if not all of the tools you’ll need to keep your business accounts in good shape.

Zoho Books is an online accounting software solution with great integration and customization capabilities. Employers can use Zoho Books to automate online business workflows, create customized invoices, track payments, reconcile accounts, and monitor inventory levels. 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. Use the timer widget, Zoho Books mobile app, or log hours daily or weekly in the cloud software. Beyond time tracking, you can also use Zoho Books to manage projects. Collaborate across teams, assign tasks, and bill expenses directly from your project dashboard.

Honest, Objective Reviews

Despite its invoice limitation particularly in the Free and Standard plans, you may find Zoho Books as good as, if not better than, QuickBooks. zoho accounting reviews Zoho Books offers four pricing plans, including a brand new free plan. You can sign up for a free 14-day trial of any of the paid plans.

This review is for small business owners who want to learn about Zoho’s accounting software and why it’s our best pick for microbusinesses. Most accounting solutions require an accountant or accounting knowledge to measure, analyze financial metrics (Balance Sheet, P&L and Cash flow) and clarity on pending activities. For a quick and real-time view of the health of your business, a glance at the dashboard would suffice. Run detailed reports in seconds and get in-depth insights to scale your business manifold. During our time using Zoho Books we found the software-as-a-service solution excellent. There are a lot of tabs, menus and other options available and, with a decent internet connection, we could zip around the site without any issues whatsoever.

Advantages Of Zoho Books

Like records, transaction forms can contain up to 46 custom fields, which is unique to Zoho Books. Zoho has added an innovative new tool to its invoice templates since my last review.

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. Zoho Books integrates well with the project management software Zoho Projects, although you can do a lot just by using the tools you get in Zoho Books. To define a project, you give it a name, select the billable customer, and choose a billing method .

Zoho Books Technical Details

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials.

Since it’s a cloud-based accounting software, it’s with you always, whether you’re in the office or at the coffee shop. When using this software, I think back to when we’d call out accountants in business meetings for incorrect statement of accounts. General consensus is that it takes work to get Zoho Books up and running, from migrating your information from QuickBooks or another accounting platform to learning how to use each of the features. Zoho Books does offer strong customer support via phone, email, live chat, and a wide range of articles, videos, and weekly webinars. Xero, however, offers payroll, unlimited users, and better tax support than Zoho Books.

Zoho Books Accounting Features

If you need to see a current transaction, you can refresh the bank feed – but only once a day. If you connect your account to a payment processor, you can accept invoice payments online.

It is possible to create custom reports that are tailored for your business needs. Zoho Books has a lot of useful integrations, which allows you to automatically save data to a spreadsheet or send an invoice from the app itself without any additional information required. If you run a business that manages international transactions, Zoho Books is an excellent choice for your accounting software. Zoho Books’ multi-currency feature takes away the complexity by converting everything into one currency, making it easier for companies to run their entire company from one place.

For any of your projects, you can log in and enter the time you spent completing it, so that Zoho Books would record the expenses incurred for it, and invoice clients about it. This saves the admin loads of useful time, as operations are assigned as they as should – to employees in charge, and contractors.

Zoho Books Fixed Assets Video

Zoho Subscription to manage your recurring invoice and ongoing customer needs. You can get 20 subscriptions for free, then scale your payment plan for more customers, more users, and increased workflows. Your small business accounting needs are unique, so why not build your own solution to check the most important financial boxes? Zoho provides a huge range of software solutions for business management, from CRM systems to fully developed accounting platforms. To try Zoho Books yourself, consider signing up for a free 14-day trial – no credit card required.

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Zoho Books Customer Service & Support

You can set up payment reminders through the “reminders” option in the “settings” page. Zoho Books is a cloud-based accounting software solution suitable for small businesses. QuickBooks’ Advanced plan offers more than Zoho Books’ Premium plan, including more than twice as many users, business analytics, on-demand online training, and a dedicated account team. Zoho Books is slightly more affordable and includes a free plan, but QuickBooks offers more advanced features. Zoho Books offers more than 50 accounting and financial reports across categories like receivables, purchases and expenses, and project summaries. There are many reports that can be created and drilled down to the transaction level.

• If you plan to use Zoho Books as your main accounting platform then you don’t need to use Zoho Invoice as Zoho Books has everything Zoho Invoice has.
• Another important benefit all users should have in mind is the possibility to adjust finance management to their project structure, and designate tasks and projects from any device.
• This review is for small business owners who want to learn about Zoho’s accounting software and why it’s our best pick for microbusinesses.
• Thanks to it, agents can always keep in line with their most important bills and invoices.
• There’s been a little bit of a learning curve – there are a few things that are just done a little differently than in other software.
• If you choose to pay annually rather than monthly, you receive a discounted rate.
• Features include invoicing, contact management, sales and purchase orders, accurate reporting, and inventory and expense tracking.

Compatible payment gateways include PayPal, Braintree, Stripe and Square. This is option is available for all plans, not just its top tier. Kathy Yakal has been writing about PC applications since 1983, when she joined the editorial staff of COMPUTE! She began specializing in financial solutions in 1989, writing a newsletter for CPAs who were exploring the use of personal computers in their firms. Since then, she has contributed to numerous print and web-based publications, including Barron’s and Kiplinger’s Personal Finance Magazine.

From accounts payable to inventory management, Zoho Books has nearly every feature very small businesses need to run their operations. Like the customer portals that were already available, vendor portals can save time and improve communication with your suppliers.

QuickBooks Online Accounting Software Review 2022 We’ve spent hours combing through QuickBooks Online’s plans, pricing, customer service, overall functionality, consumer reputation,… Like Zoho Books, Zoho Invoice is a quality software—it’s one of our top five picks for the year’s best billing and invoicing software. If you’re paying for Zoho Books, we recommend adding Zoho Invoice to your roster for enhanced billing and invoicing features at no additional cost.

The only real drawback is that all time needs to be connected to a specified project to be tracked. An important missing feature is that there’s no option to see the time and expenses you haven’t added to your invoice, which is something QuickBooks Online does. Nevertheless, Zoho Books still has powerful reporting capabilities. Compared to Zoho Books, QuickBooks provides many more third-party integration possibilities and offers their own payroll service add-on option. BrandBase PriceWhat is on the planAdvantagesZoho Books$9 per monthAll basic accounting functionality.

Since a large portion of their business comes from customers switching from QuickBooks, Xero offers a conversion tool that helps you move all of your data easily from one platform to the other. If you’re jumping into the accounting software pond for the first time, Zoho Books can keep you afloat with three affordably priced plans ideally suited for sole proprietors and freelancers. These types of helpful features are found throughout Zoho Books and go a long way toward making you comfortable with the application.

If you prefer text over graphics, you can also operate your Zoho Books accounts through an API. There’s not a lot of filters in these report templates because they’re already very specific, but there’s still the date range and account filter. You can also customize what columns you want to see in these reports. There’s also “workflow,” a feature similar to QuickBooks Online’s “routines,” which you can read about in our QuickBooks Online review. Manage your entire back office operations with tight-knit apps from Zoho.