Accounting software has come a long way. Today, small business owners don’t need much experience to use accounting software. With intuitive tools, tutorials, and easy-to-navigate platforms, any small business can implement accounting software into its daily routine.
With cloud-based accounting software such as Zoho Books, small business owners can easily handle their company’s accounting.
Keep on reading to learn more about Zoho Books, how it can help your small business, its drawbacks, and all the information you need before enrolling in this Zoho Books review.
We might receive compensation from the companies whose products we review. We are independently owned and the opinions here are our own.
What is Zoho Books?
Zoho Books is an online accounting software to manage your company’s finances. You can use it to handle invoices and inventory, and it comes with a project management system that will help you track your day-to-day.
Zoho Books is made to maximize efficiency in every accounting aspect for small to medium-sized businesses.
Many small business owners prefer using Zoho Books to manage their accounting because of its end-to-end accounting features for negotiating deals, raising orders, and invoicing. But it also offers easy collaboration with other employees by assigning roles and levels of access. It also has many integrations for a smoother workflow if you use other apps and tools for your business.
Check out our roundup of the Best Small Business Accounting Software
Who is Zoho Books best for?
Zoho Books is best for startups and small businesses that can use its accounting and project management tools. If you need software that has integrations with many third-party apps and tools your company uses, Zoho Books might be the best option for your small business.
With Zoho Books, you can manage receivables, payables, payment gateways, online payments, and even timesheet management for your employees and project workers. If you own a larger company, you can even get the full Zoho CRM service to handle most aspects of your operation.
In short, small to medium-sized businesses can maximize Zoho Books for all their accounting needs.
- It comes with a free plan with limited features that can be functional for small businesses and sole proprietorships
- It boasts a ton of features for accounting purposes
- It comes with a robust and fully-functional mobile app
- The customer support is quite impressive
- Best for startups and small businesses
- Higher plans are quite pricey
- Only higher plans come with the more advanced features
- For its price, the integrations are still lacking
- The user limit has only a maximum of 10 users, which is not very good for larger companies
Zoho Books features
Although the free plan may not have all the valuable advanced accounting features, it is still an excellent option for startups with the free features included. But if you are looking to invest in the software and enroll in higher premium plans, here are some of the most notable features you get to enjoy:
Unlike traditional invoicing, Zoho Books makes invoicing and managing receivables effortless. With their all-in-one accounting software, you can use the feature to send customized statements to your clients and receive payments in multiple currencies.
The invoices look professional, and with its editor, you can create polished invoices for your clients in just a few clicks. The editor is very easy to use, and you can add your company logo, change fonts, and do advance customization to keep your invoices on brand.
If you don’t have time to do the full customization, you can choose between a wide range of professionally made templates that will impress clients and add a layer of legitimacy to your small business.
Payment reminders can be sent to clients as needed.
Online payment feature
Zoho Books offers an online payment feature. It is integrated with the most popular payment gateways, providing a hassle-free environment for collecting online payments from every customer.
You can integrate Zoho Books with Stripe, WorldPay, Forte, PayPal, Braintree, and more to instantly get paid for your service or products without hassles. Clients can pay via credit card too.
These payment gateways are encrypted, meaning they are safe and secure, so you don’t have to worry about jeopardizing a client’s bank account information.
Aside from accounting features, Zoho Books also offers project management, which is an excellent tool and feature for accountants as well as project managers. The project management feature, which has time tracking, allows you to monitor time easily, so you never lose a minute of your billable hours.
The feature allows you to log the time you spend on a project daily or weekly. Or you can use the widget to clock the time you spend working on specific tickets and projects within your company. This feature streamlines workflow without losing track of employee timesheets.
Zoho Books pricing
Zoho Books offers a free package, allowing you to use the most basic features. The premium packages start from $10 to $249, depending on the tools you need or the size of your business.
Most small businesses use the $30/month premium package because it comes with most of the essential features small businesses need for accounting purposes.
Zoho customer support is excellent. User reviews say representatives are kind and knowledgeable about the product. They offer email support, live chat, and many web resources and articles to answer most of their client’s questions. Live chat is your best bet for real-time solutions.
Zoho and QuickBooks are similar. Both are small business accounting solutions, however, QuickBooks has more integrations and is a better option for larger companies because of its scalability.
Yes, you can use Zoho Books’ basic features for free and upgrade to a paid plan anytime.
Yes, Zoho Books is a legitimate accounting service with secure payment methods.
Zoho Books makes accounting more efficient for small businesses. Anyone can learn how to use it, and it enables business owners and managers to handle all their business needs in one place.
Zoho Books is safe to use because of its software security, anti-spam policies, and GDPR compliance, which protects business owners as well as customers.
Yes, Zoho Books does offer recurring invoices. Through its automation features, you could send an invoice to a client every week or month, for example. Clients can view the invoice through their client portal too.