Zoho Books

Zoho Books offers a neat set of features that lets any small business to sort out their accounting needs quickly and effortlessly. These include recurring invoices, expenses, and bills, as well as estimates, contact management, and taxation. Here are some of the more notable features:

Workflow Automation

Zoho Books is highly focused on making your life easier regarding recurring tasks. Depending on the pricing plan, the tool allows users to create up to ten automated workflows for repeatable invoices, bills, and expenses. Also, you can set up automated reminders for your clients to always get paid on time.

Inventory Management

If you’re in the e-commerce business, keeping a close eye on your stock is mandatory. The inventory management feature of Zoho Books allows users to easily monitor all the crucial details including available items, SKU, product images, vendor details, and costs. Moreover, the tool can be set to automatically request stock replenishment for a given item whenever it’s nearing a deficit.

Time Tracking

The time tracking feature allows you to take advantage of certain project management aspects without having to switch between apps. Once set up, the corresponding tab will provide hands-on information on billed, unbilled and logged hours, as well as allow you to track the time of your team’s work right inside the app.

Custom Reporting

The robust reporting feature can be used to gain detailed information regarding every aspect of the business including sales, receivables, payables, invoices, taxes, purchases and expenses, projects and timesheets, currencies, activities, etc. You can create over 45 different reports ranging from cash flow and balance sheets to sales by person, sales by item and refund history, and expenses by category, trial balances, client reviews, and even API usage.

Zoho Books is integrated with most of the major payment gateways in close to all of the developed countries around the globe including the US, EU, United Kingdom, Canada, Singapore, and Hong Kong. The built-in time tracking feature allows businesses to utilize some of the vital aspects of project management without the need to switch between different apps.

Like all other Zoho products, the tool can be easily integrated with Zoho CRM and other commonly-used apps like Tax 1099, Avalara and Track1099. Zoho Books is also available on mobile via their app, which works on iOS, Android, and Windows operating systems. Finally, the software is equipped with REST APIs, allowing users to connect third-party applications.

Zoho Books is a breeze to navigate and use, even for beginners. All of the tabs are neatly organized in the right corner of the desktop app, enabling easy access to whichever aspect you’re interested in. The dashboard provides all the required information concerning receivables, payables, income, expenses, projects, banks and credit cards. There is absolutely no learning curve involved and neither team members nor accountants should have any problems using the app to its full potential from day one.