6 ZOHO BOOKS

Pros
Import data from quickbooks, fresh books and other accounting software to zoho books. Automatically updates bank feed to zoho books for better reconciliation.

Cons
Does not offer payroll and CRM features. For complete project tracking tools you have to add zoho project to zoho books at additional amount of cost.

The Verdict:8

Easy to use online accounting software that works in smarter way and helps your business to grow steadily.



Zoho books is intuitive online accounting software developed for small businesses to manage finances, accounting, inventory and invoices. The dashboard is well designed and helps you to know the aspects of your business such as total amount of receivables and payables and graphs of cash flow, income and expense, top expenses, projects, and bank and credit cards. The user interface is simple and intuitive. You can create single or multiple tax rates, manage your tax rates and group two or more taxes together or compound tax, accordingly based on your business location. Your clients can access the history of all their transactions with you, edit & update their contact details, accept or comment on quotes you send and more through client portal.

Accounting and Enterprise Features

You can create estimates, retainer invoice, sales order, purchase order, credit notes and bills and record your expenses. You can create and manage your manual journal, chart of accounts and can lock the transactions for specified period. You can also import and export batch of invoices to and from zoho books and manage your customers and suppliers contact. Zoho books provides you the ability to save the draft as pdf files and email them to your customers with instant payment option using paypal. You can convert your estimates to invoices and clone your estimates and invoices. Zoho books offers you standard and several customizable templates for estimates, sales and purchase orders, credit notes and invoices and email templates for multiple notifications to customers and suppliers.

You can set reminders for overdue invoices based on due date and expected payment date, completion of purchase order, etc. and also send payment reminders. You can improve your business to international standard through multiple currency option. You have option of role based access to your users. You can manage multiple organizations with zoho books. You can connect your bank account to zoho books and reconcile your transactions in zoho with bank account in effective and simpler way. Several reports including profit and loss, cash flow, sales by customer, invoice details, payments received, tax summary, project summary and trial balance, etc. are easily generated. You can take picture of your paper receipt on your iOS or android app and upload it to Zoho book, and invite your accountant to share your financial information easily.

Inventory and Payroll

You can manage any number of your projects for customers with respective tasks and assign specific project members to tasks. You can log the timing details of your projects daily or weekly or start the timer for the tasks, and convert the billable hours to invoice. You can also create expense related to your project and convert the expense to invoice and manage multiple timesheets in zoho books with reduced effort. Zoho books offers you to have role based access to the members working in the project. You can efficiently manage your inventory and the product details such as quantity and value of product automatically gets updated after each completed sale and purchase. You can manage your product returns due to damage, warranty, etc. and set notifications to purchase items when the stock levels reaches set threshold. You can set reorder levels for products after it reaches set threshold and convert purchase orders to bills.

Remote Access and Additional Business Services

You can have access to your company data anytime and anywhere. You can manage your invoices, quotes, track payments and upload expense receipts from your mobile phone, iPhone, android phones, windows phone, windows surface or tablet. Zoho books offers few addons to suit your business needs more efficiently. The addons include square addon that provides you POS functions, track1099 addon that allows you to efficiently manage 1099 preparation, distribution and filing process with 1099 and addons for payment gateways, Google apps etc.

Pricing

Zohobooks offers 14 days trial period from day of activation. The cost of zoho books is Rs.2999 per year for one organization and includes unlimited invoices, estimates, bills expenses, customers and unlimited suppliers and offers you to add multiple currencies, projects and users. You have 15% discount for every additional branch you add. For yearly plan, you can pay for 10months and get subscription for 12months.

Merits

Zoho books offers email and 24hrs phone support five days a week. You can import data from quickbooks, fresh books and other accounting softwares to zoho books. It automatically updates bank feed to zoho books for better reconciliation helps you to stay on top of your business.

Demerits

Zoho books does not offer payroll and CRM features. For complete project tracking tools you have to add zoho project to zoho books at additional amount of cost.

Summary

Zoho books is easy to use online accounting software that works in smarter way and helps your business to grow steadily. It provides improved automatic categorization of bank statement entries and inventory support, streamlines your back office tasks and organizes all your transactions in single place. It improves your accounting experience and simplifies management of day-to-day finances.

  • Well-designed dashboard

  • Financial accounting and tax

  • Customer and supplier contacts management

  • Inventory management

  • Bank reconciliation

  • Collaborative client portal

  • Exhaustive reports

  • Invoices

  • Expenses

  • Purchase/sales orders

  • Project tracking and time management

  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016
  • Zoho books accounting software, review 2016


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