Zoho Books Reviews & Pricing

Key Features

• Sales Order: Tailor sales orders with company logos, fonts and colors with the sales order idiosyncrasy. Users may transform approved estimates into sales orders and invoices in just a few clicks. Users may also pinpoint their best clients and merchandise with real-time reports from their transaction histories. 
• Purchase Orders: Trace all items purchased and mutual prices set by vendors with the purchase order management appliance. Print, copy and share purchase orders through emails to work together with clients, partners, internal stakeholders and more to swiftly complete tasks. 
• Online Payments: Pick the best payment portal —including Stripe, PayPal, Worldpay and more — to collect payments from customers promptly. Users may also enable recurring transactions to receive payments at weekly, monthly or yearly intervals automatically.  
• Reporting: Evaluate total receivables, sales, top expenses and more KPIs with the reporting module's dashboard. Obtain reports like profit and loss, balance sheets, cash flow statements and more to dive into data and make wiser decisions. 
• Automation: Deliver instant payment reminders, save client information for future automatic billing and recurring invoices and immediately send out transactions with Zoho Books' automation tools. 
• Documents: Chronicle document details and shift them into invoices, expenses, bills, sales orders or purchase orders with the document management accessory. Users may match documents to bank feeds or previously-made transactions for proof of commerce for their archives.  
• Mobile-Friendly: Deliver invoices, estimates and account statements to patrons and track miles traveled with the iOS app. The Android app enables users to take pictures of receipts and attach them to recorded expenses in addition to overseeing earned revenue and gathered fees. 

Approach to Common Challenges

• Manual Data Entry: Zoho Books offers automatic bank reconciliation, syncing transactions directly from bank and credit card accounts, reducing manual data entry and streamlining financial records.
• Invoice Tracking and Payments: The software provides a central hub for creating and managing invoices, tracking their status, sending reminders, and accepting online payments, simplifying the invoicing process and expediting cash flow.
• Expense Management: Zoho Books allows for easy tracking of expenses, categorizing them, attaching receipts, and generating reports, aiding in expense monitoring and tax preparation.
• Financial Reporting: The software generates various financial reports, including profit and loss statements, balance sheets, cash flow statements, and tax summaries, providing insights into business performance and financial health.
• Collaboration with Accountant: Zoho Books facilitates seamless collaboration with accountants through secure account sharing, enabling real-time access to financial data and streamlining tax preparation.
• Compliance with Regulations: The software keeps up with tax laws and regulations, ensuring compliance and reducing the risk of errors or penalties.

Cost of Ownership

• Q: What are the different pricing plans available for Zoho Books, and how do I choose the right one for my business?
  A: Zoho Books offers a range of plans to suit different business sizes and needs. The Free plan is ideal for businesses with revenue under $50,000, while Standard, Professional, and Premium plans offer increasing features and user limits to accommodate growth. Consider your business's current revenue, number of users, and required features to select the most suitable plan.
• Q: Are there any additional costs or fees associated with using Zoho Books beyond the monthly subscription fee?
  A: While the monthly subscription covers core features, certain add-ons like additional users, auto-scan, and snail mail incur extra charges. It's essential to factor in these potential costs when budgeting for your accounting software expenses.
• Q: How does Zoho Books' pricing compare to other similar accounting software options?
  A: Zoho Books is known for its competitive pricing, often positioned as a more affordable choice compared to some industry-leading competitors. However, it's crucial to evaluate pricing alongside features and functionality to ensure the software aligns with your specific accounting needs and budget.

Limitations

•  Doesn't automatically add dates and names 
•  Clunky Interface 

Suite Support

FAQ

• Q: Can Zoho Books handle payroll in my region?
  A: Zoho Books offers built-in payroll for multiple regions, including the US, Canada, UK, and India. However, specific features and compliance with local regulations may vary. Be sure to confirm compatibility with your region's payroll requirements before committing.
• Q: How easy is it to import data from my existing accounting software?
  A: Zoho Books simplifies data migration by offering various import options, including CSV files, QuickBooks files, and direct bank feeds. This allows users to seamlessly transition their financial records without manually re-entering data, saving time and effort.
• Q: Does Zoho Books integrate with other business tools I use?
  A: Zoho Books boasts a robust app marketplace with integrations for popular CRM, communication, and e-commerce platforms. This connectivity allows for streamlined workflows, automated data exchange, and improved efficiency across various business operations.
• Q: How well does the mobile app function for managing finances on the go?
  A: The Zoho Books mobile app is highly rated for its intuitiveness and comprehensive functionality. Users can access key financial data, create and send invoices, track expenses, and approve payments, making it a convenient tool for managing finances outside the office.
• Q: What type of customer support does Zoho Books offer?
  A: Zoho Books provides extensive customer support through self-help resources, online forums, and email/phone inquiries. Users also have access to live chat support during business hours, ensuring timely assistance with questions and troubleshooting.