Zoho Books Accounting Software Review 2022

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.” “Thank you so much. I am always impressed with the quality of your software and the extremely helpful and professional demeanor of your company.” “I’ve tried a couple other ODBC connectors and they all seem to have some hangups while setting up… except yours. Your product just plain works, and works great at that.” “It has been a real pleasure to deal with professionals like you, who care about their product and their clients.” “I am always impressed with the quality of your software and the extremely helpful and professional demeanor of your company.” Our drivers and adapters provide straightforward access to Zoho Books data from popular applications like BizTalk, MuleSoft, SQL SSIS, Microsoft Flow, Power Apps, Talend, and many more.

As reflected in the table below, Zoho Books has all the features we look for in good mobile accounting software. I really like that Zoho Books covers the entire accounting process, from quickly creating invoices to efficiently automating business processes. It allows you to customize and schedule the sending of reports that make it easier to evaluate the performance of our financial processes. Integrations with other Zoho solutions is very simple, in addition to integrating with third-party platforms that complement and expand its versatility. Zoho Books displays as much excellence in its Android and iOS apps as it does in the browser-based version. A multiscreen dashboard displays charts for elements like Total Receivables, Cash Flow, and Income & Expense.

Online payments

A good accounting system requires you to enter information only once and will automatically extract your data when you need to create a transaction. Business accounting involves a wide range of activities in order to capture a business’s entire financial picture. But accounting software has helped simplify these processes, giving business owners more time to focus on the administration and execution of their strategies. Although inventory-tracking tools are available only with Zoho’s Professional plan, we found them quite useful.

During the initial setup, you’ll enter details about your business, including industry and business type. Then you can add tax details, or just connect to Avalara, a good idea, particularly if you sell outside of your home state. Connecting with Avalara also ensures that you’ll be taxing your customers at the correct rate. A good entry-level accounting application with two plans available, Zoho is great for sole proprietors and freelancers.

Zoho Finance suite integrations

If you want all of Zoho’s apps in one package, Zoho One bundles the whole Zoho suite of products into one cohesive platform. In other words, the free plan is perfect for freelancers, solopreneurs, and other sole proprietors who don’t rely on anyone else to crunch the numbers. Zoho Books also has an excellent client portal where you can convert estimates and quotes to invoices, collect payments, and collaborate with your clients. You can access zoho accounting software on the go using ZOHO mobile app.

• In Zoho Books, you have complete control over your company’s income and expenses, mileage claims, VAT returns, and finance reports.
• Online help resources include FAQs and a searchable knowledge base.
• One cool feature we really liked is that you can schedule reports to be automatically generated weekly, monthly, quarterly or annually, and then emailed to you in the format of your choice .
• Additionally, between their mobile app and web platform, FreshBooks is known as one of the most intuitive, flexible, and accessible accounting software options.
• Most especially, it has unbeatable customer service and a mobile application which is not even close to QuickBooks.

You’ll also be able to link one or several bank accounts to important transactions and categorize them automatically for fast and easy reconciliation. Zoho Corporation is not a dedicated financial services company like Intuit is. One of its product is Zoho Books, an accounting program that meets the lion’s share of small business needs—and more. It also provides more help resources than most rivals, which is critical in accounting.

Zoho Africa

At the end of the day, though, by researching and exploring these different platforms, you’re in the best position to determine which accounting solution will work for your business. Plus, if you want to experience Zoho Books for yourself, you can take advantage of their 14-day free trial to get a greater sense of how this option may or may not meet your specific needs. Before you decide whether Zoho Books is the right accounting software for your business, it’s worth considering some of the other options out there. You may find that a Zoho Books competitor can better fulfill your accounting needs. This plan can accommodate small businesses with the most needs, especially for customized workflows and a greater level of automation.

Finding the perfect accounting software for your small business is of the utmost importance. Take it a step farther with automation as you can set reorder levels and get alerts before you run out of stock.

Zoho Books review: Table of contents

Also, a product item is required for any inventory item you wish to track. While Zoho Books’ Free plan includes basic features, like invoicing and expense tracking, the advanced capabilities you will receive depend on your subscription plan. Below, we briefly discuss the results of our case study of Zoho Books Professional within the 11 categories, plus a link to videos where you can watch our complete assessment of each feature. Read our guide to the best small business accounting software and check out our top picks. Our drivers offer the fastest and easiest way to connect real-time Zoho Books data with BI, analytics, reporting and data visualization technologies. They provide unmatched query performance, comprehensive access to Zoho Books data and metadata, and seamlessly integrate with your favorite analytics tools. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.

Right from creating multi-currency invoices to managing multiple bank and credit card accounts,Zoho Books does it all. Everything is just perfect about Zoho Books, the best thing is that this complete accounting software is cloud-based. We relied on vendor websites and software demos when conducting our analysis, in addition to studying user reviews for independent opinions on the highlights and downsides of each product.

Zoho Books Accounting Pros & Cons

You can also call the provider’s sales number or contact them via email for personalized setup advice. Zoho maintains offices all around the world, so your time zone is unlikely to be an issue. The vendor gives you the option of a month-to-month or annual plan. Monthly prices are shown below, but Zoho offers a hefty discount if you pay for the entire year upfront . Zoho requires coding abilities in order to make the most of its automation features, which may be challenging for business owners who aren’t tech-savvy.

But small and midsize businesses can benefit from the customizability built into every corner of https://www.bookstime.com/. Xero allows unlimited users in all plan tiers and QuickBooks Online supports up to 25 users in its most expensive plan.

Below that is a customizable chart comparing income and expenses, and an accounting of your top expenses. Project status and account balances, along with an account watch list, round out the screen’s data. Part of the setup involves creating records for contacts and items. You can do it as you go, but it takes less time to create transaction forms if you set them up early on. You can, of course, enter everything manually, but why would you when there’s little data you can’t import into Zoho Books. Last year when we reviewed Zoho Books, it only had payroll support for companies that were incorporated in California, New York, and Texas and that had employees who lived in those states. Zoho Payroll is also now available for Florida, and the company has given early access to Washington, Illinois, North Carolina, Kansas, and Tennessee.

• Zoho Books has an advanced banking module for reconciling bank transactions.
• Its easy to use and a little cheaper than FreshBooks, with good support.
• You should assume that you will need technical support at some point and look for an accounting tool that offers support through email or phone.
• Zoho Books offers a free plan and three paid subscriptions with prices that start at $20 per organization, per month and go up to $70 per organization, per month.
• As we mentioned, however, Zoho Books does offer their own apps—CRM, Inventory, Subscriptions, Checkout, and more.

While Zoho Books is designed to help you to easily keep track of your business finances, it also spends some time explaining why a particular task needs to be done. Scalability is another key benefit, so you can start small and grow into a more advanced plan over time. A Migration Guide is available if you’re moving to Zoho Books from another application, and a Quick Navigation Guide will help you feel comfortable in the application at record speed. In fact, Zoho Books probably offers the most comprehensive selection of resources for new users that I’ve ever seen. You can enable the portal for each customer contact by sending an email to invite them to share the portal.

Banking and Cash Management

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. We recently reviewed this page to ensure our information on Zoho Books’ plans, prices, and features was up to date. Most importantly, we want to highlight Zoho Books’ free plan, which is available to small businesses with under $50K USD in annual revenue. The simple setups lets you create invoices, negotiate deals and more. FreshBooks offers greater options for integrations and workflows, as well as tools for time-tracking and working with different team members. Moreover, regardless of the plan that you choose, Zoho Books offers a robust feature set that truly gives you the ability to automate and streamline your business bookkeeping and accounting.

• Manage multiple projects in one place and bill the hours to client.
• Zoho Books operates a client portal that enables you and your customers to collaborate in real time online.
• If you want to spend as little time as possible keeping your books, Zoho’s accounting features make it a great fit—as long as you don’t have many employees.
• Find a local Zoho Partner to implement Zoho Books for your company.
• At Business.org, our research is meant to offer general product and service recommendations.

Zoho Books offers a free plan and three paid subscriptions with prices that start at $20 per organization, per month and go up to $70 per organization, per month. The main differences between the plans include the number of users and invoices and the inclusion of advanced features, such as recurring payments, inventory tracking, budgeting, and custom reporting. A sole proprietor might have some trouble navigating its mature, flexible feature set.

Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology. The Zoho Books iOS mobile app provides multiple options for working with invoices. Zoho Books’ Android mobile app allows you to create, view, and edit contact records remotely.

Know where your money is using the banking functionality module in Zoho Books. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Skyvia Query also includes Google Sheets Add-on and Excel Add-in that allow Zoho Books export to Excel and Google Sheets with data refresh in one click. Use power of SQL to manage Zoho Books data via Skyvia Query tool. Skyvia provides Zoho Books SQL editor with visual query builder that allows you to perform select, insert, update, and delete commands directly against Zoho Books data. To get a better idea of what to expect from each subscription level, below is a quick overview of each plan. Tim is a Certified QuickBooks Time Pro, QuickBooks ProAdvisor, and CPA with 25 years of experience.