Zoho Books product overview

Zoho Books is online accounting software that manages finances and automates business workflows. The software helps users work collectively across departments and enables finance teams to stay on top of the payables and know where the money is going. From vendor bills to expenses, Zoho Books makes managing payables simple.

Zoho Books streamlines business transactions and tracks income and expenses. Additionally, the software connects with systems like CRM, Inventory, and Subscription tools. The system is also accessible on all mobile platforms – iOS, Android, and Windows. Users can manage finances wherever they go with the Zoho Books mobile apps.

This accounting software delivers automation features like payment reminders, scheduling reports, and setting triggers for certain workflows, therefore saving a business owner a lot of time from the monotonous bookkeeping work. It suits all business sizes, from small businesses to large enterprises. Zoho Books provides various features, including cash flow management, invoicing, recurring invoice generation, and balance sheet management. Moreover, the software has functionalities for inventory management, purchase order management, expense tracking, and automated workflow creation.

Pros of Zoho Books

Zoho Books offers end-to-end accounting. From negotiating deals to raising sales orders to invoicing, it handles mundane accounting tasks, so teams can focus on the business.
The software facilitates smooth collaboration. With role-based access, users can add colleagues and accountants to the organization to log time, view reports, or manage accounts.

Cons of Zoho Books

According to some users, the reporting functionality of Zoho Books is cumbersome.
Others commented that the platform is complicated for beginners.

Breakdown of core features

Invoicing

Finance teams can customize invoices and get paid faster with the platform’s online payment options. In addition, users can send customized statements to clients and receive payments in multiple currencies.

Zoho Books enables the creation and sending of professional invoices with the click of a button. From adding company logos to changing fonts, users can customize invoice templates to reflect the brand. Users can also set up reminders for clients so they never have to chase a customer payment again.

Estimates

With Zoho Books, users can create professional quotes then convert them to invoices. The software simplifies estimate and invoice management. Teams don’t have to spend hours creating estimates and invoices. Users can make estimates on the spot and add contact information, item details, and saved prices. Then they can send quotes in seconds after winning a deal, no matter where they are.

Banking

The software empowers finance teams to handle bank transactions and categorize and reconcile accounts with ease. Zoho Books securely fetches transactions from PayPal accounts and banks and reconciles accounts in no time.

Finance teams can stay on top of their account activities and get precise cash flow predictions as well as balance mismatches, expected recurring payments, and past reconciliations.

Expenses

With Zoho Books, entrepreneurs can trace bills, watch expenses, and record customer credits. It also allows users to manage recurring expenses and automate expense generation. Users can upload receipts for better organization and tracking where the money is going. As a result, business owners know where the business stands and make short- and long-term business decisions.

(Last updated on 02/02/2022 by Liz Laurente-Ticong)