Zoho Books Review 2024 Is It Right for Your Startup?

31 Ene Zoho Books Review 2024 Is It Right for Your Startup?

Like most cloud-based accounting suites, Zoho Books can link directly to your online banking service to import transactions. You can also connect a variety of other Zoho cloud-based business tools for project management, analytics, CRM and more. Zoho Books might not be the ideal solution for freelancers that don’t need anything more than basic accounting features. On a similar note, large companies with advanced needs might find the software lacking in powerful features. In that case, you may want to explore the Zoho Books alternatives out there.

This influences which products we write about and where and how the product appears on a page. Zoho Books performs well, getting you where you want to go quickly and efficiently. Whether you are raising an invoice or compiling a report, Zoho Books automates what it can and helps with what it can’t. The results are impressive, with the documents you create with Zoho Books feeling clean, professional and useable. A wide range of British high street, business and international banks are supported, as well as PayPal. However, support for recent digital challenger banks is very thin on the ground, with no sign of TransferWise, Shine, ING or Revolut, among others.

1. You can also set up to receive alerts before the stock level falls below your minimum.
2. We tested Zoho’s onboarding process and found that adding new users is extremely easy.
3. Zoho Books is just one small part of a much greater business concern based in India that offers all manner of software for anyone and everyone.
4. To summarise, Zoho Books offers nearly every feature a small business could need.

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.

Zoho Books A/P Features Video

One is FreshBooks for its design excellence, team tools, and unique blend of financial features. The other is QuickBooks Online because its exceptional blend of features and usability zoho books review simplifies and accelerates your accounting tasks. You can also set up the software to automatically email you a weekly report with an overview of your business’s performance.

For example, you can only give access to one user and one accountant. Additionally, you’ll receive basic financial reporting, mileage tracking, bank reconciliation, and up to 1,000 invoices per annum. Zoho Premium users can track time straight from their Zoho Books dashboard.

Overall, most of the Zoho Books reviews online are generally positive—earning excellent ratings from several review websites. While Zoho Books’ Free plan includes basic features, like invoicing and expense tracking, the advanced capabilities you will receive depend on your subscription. Below, we briefly discuss the results of our case study of Zoho Books Professional within several major categories, plus a link to videos where you can watch our complete assessment of each feature.

Zoho Books accounting software full review

There’s also the capacity for using any one of many Zoho add-ons to increase the potential of your package. Performance is further boosted if you choose to dip into the Automation area of the interface, which Zoho Books provides to streamline workflow more efficiently. PCMag is obsessed with culture and tech, offering smart, spirited coverage of the products and innovations that shape our connected lives and the digital trends that keep us talking. We have no separate video for Zoho Books’ inventory as it’s discussed in the A/P and A/R sections. If all of the above isn’t enough, you can access help and support from anywhere in Zoho Books by clicking on the Help and Support icon. If you’re new to invoicing, check out the “Life cycle of an Invoice” at the bottom of the invoice entry screen.

Online payments

The software is available in five paid plans, plus a basic free version for very small businesses. The free version helps separate Zoho from competitors, most of which do not offer free software. However, Zoho’s paid tiers do run a bit more expensive than other accounting software that we reviewed such as QuickBooks, Xero, and Sage. You can add a few optional features to your account for an extra fee. Small business owners, especially those with few employees, have a lot on their plate.

This means that, regardless of the size of your business, there is a good chance it may have an option that suits your needs. Ultimately, Zoho Books is worth considering for startups that want an affordable accounting solution that interoperates well with other Zoho products. However, it’s a good idea to compare Zoho Books to competitors like QuickBooks to determine the best accounting software for your specific business. You can save invoices as drafts, although they’ll have to have at least one named item in them before you can do so.

However, we discovered there is a learning curve when you want to perform more advanced automations. Zoho also features its own scripting language that will likely delight tech-minded business owners, but which may discourage less tech-savvy users. Zoho’s built-in automation tools set this accounting software apart from its peers. The ability to eliminate tedious, error-prone tasks and streamline operations is why Zoho Books is our best pick for process automation. The benefit of adding product and service items is that you can provide a description and price that will populate on all your purchasing and sales forms automatically. As a result, we can’t really recommend Zoho Books to companies with more than a handful of employees.

To learn more, check out our side-by-side comparison of Quicken vs QuickBooks. Hugh Wilson writes about business and the interface of business and technology for a range of titles including The Guardian, Telegraph, Independent, The Times, BBC and MSN. He has written a large number of articles for Top Ten Reviews about insurance matters, accounting, and some business-to-business software and appliances. https://personal-accounting.org/ Because when you do, what you will find is a feature-rich solution that, in some areas, is second to none. We couldn’t find fault with its invoicing tools and Zoho Books’ transaction forms and templates are exceptional. It does pretty much everything well, and even those familiar with accounting and bookkeeping tools are likely to be impressed by Zoho’s obvious attention to detail.

Compatible payment gateways include PayPal, Braintree, Stripe and Square. Learn more about these processors in our review of Stripe and our Square review. Zoho Books’ biggest strengths over its competitors are its fully-featured mobile accounting app and integration with the entire line of Zoho apps to manage all aspects of your business. The automated workflow for managing expenses allows you to categorize your financial transactions easily. Zoho Books offers an easy way to add product or service items using the Items menu located on the left sidebar on your dashboard. Zoho Books offers a free plan for businesses that make $50,000 or less per year in revenue.

QuickBooks is a better choice for businesses that want to focus on their core accounting needs, and everything they’ll need to manage their books. It has more functionality than Zoho Books and many more features, but it’s not free like Zoho Books. You can contact the company in one of a number of ways – phone, email and live chat – and expect to be connected with a helpful and knowledgeable agent.

Fit Small Business Case Study

As with all cloud-based services you’ll need to create an account, pick a password and then work your way through the steps. Input your organization’s details, opt in or out of VAT and then pick down through the features checklist. These can be enabled either on or off depending on what suits your needs. Zoho Books is just one small part of a much greater business concern based in India that offers all manner of software for anyone and everyone. With its clean and simple cloud-based interface Zoho Books makes a great cost-effective accounting option if you’re a freelancer, sole trader or someone running a small business.

If your company’s IT department needs a remote access and unattended support solution, read our review of Zoho Assist. Zoho Assist helps IT departments troubleshoot internal computers and assist remote customer support agents. Zoho is an excellent QuickBooks alternative because of its tax support, bank reconciliation, contact management and estimate tools.