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Online accounting software built for growing businesses

Zoho Books is a cloud-based accounting and financial management software for small and medium-sized businesses.

Best Online Accounting Software for Small Businesses | Zoho Books·Freemium from 15.00Free PlanFree TrialAI AccountingAI E-commerceAI FinanceAI ProductivityAI Workflow Automation

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About Zoho Books

Zoho Books is an online accounting platform that handles invoicing, expense tracking, bank reconciliation, and tax compliance. It integrates with other Zoho applications and third-party tools to provide a connected business finance workflow. The software is designed for small to mid-sized businesses looking for a full-featured accounting solution without the complexity of enterprise systems.

Zoho Books is a cloud-based accounting software developed by Zoho Corporation, aimed primarily at small and medium-sized businesses. It covers core accounting functions including invoicing, accounts payable and receivable, bank feeds and reconciliation, expense management, and financial reporting. The platform supports multiple currencies, making it suitable for businesses with international operations. The software includes tools for managing customer and vendor relationships, tracking project time and billing, and automating recurring transactions. Users can create customizable invoice templates, set up payment reminders, and accept online payments through integrated payment gateways. Automated workflows allow businesses to reduce manual data entry and streamline routine accounting tasks. Zoho Books is built to support tax compliance in multiple countries, including GST, VAT, and sales tax calculations depending on the region. It generates a range of standard financial reports such as profit and loss statements, balance sheets, and cash flow reports. The platform also offers an audit trail to track changes made to financial records. As part of the broader Zoho ecosystem, Zoho Books integrates natively with other Zoho products including Zoho CRM, Zoho Inventory, and Zoho Payroll, as well as third-party applications. This makes it a practical choice for businesses already using or considering the Zoho suite. It competes in the small business accounting market alongside products like QuickBooks Online, FreshBooks, and Xero. Zoho Books is available on web browsers and has dedicated mobile apps for iOS and Android, allowing users to manage finances on the go. Pricing is subscription-based with multiple tiers, and a free plan is available for businesses with annual revenue below a certain threshold, depending on the region.

Features

Analytics

  • Financial Reports

    Get actionable insights on cash flow, taxes, profit and loss, and sales on demand, with the option to have select reports periodically sent to the team.

Automation

  • Automation

    Trigger emails or notifications for reminders or alerts, and set recurring actions, schedules, and field updates.

Collaboration

  • Customer & Vendor Portals

    Use dedicated customer and vendor portals to facilitate payment processing and negotiation between teams and external parties.

  • Role-Based Permissions

    Assign roles and permissions to team members to control access and enable collaborative work within the platform.

Core

  • Early Payment Discount

    Offer cash discounts to customers for manual payments made sooner than anticipated to improve cash flow.

  • Expense & Bill Tracking

    Track vendor bills and other expenses easily, add recurring expenses, and include client expenses on invoices.

  • Inventory Management

    Track inventory and update stock information automatically as purchases or sales are made, with reorder points and reminders.

  • Invoicing & Quotes

    Raise professional invoices and quotes, offer multiple payment options, automate invoices and reminders, and send online payment links.

  • Multi-Currency Support

    Manage foreign transactions by applying exchange rates automatically or manually for global selling.

  • Project Billing

    Send project quotes, accommodate partial payments, log time, and bill for resources, job completions, time spent, or project expenses.

Customization

  • Custom Templates & Fields

    Customize Zoho Books with custom templates, fields, and reports to suit specific business needs.

Mobile

  • Mobile & Desktop Apps

    Access accounts via web, smartphone, or a standalone desktop app to send quotes, track expenses, log time, and view reports from any device.

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Buyer Questions

Common questions answered by our AI research team

Pricing

What is included in the Free Plan and is it truly $0 per month with no time limit?

The Free Plan is described as a 'Free accounting solution for small and micro-businesses' priced at $0 per Org per Month (billed annually), designed for solopreneurs and micro businesses. The content does not specify whether it has a time limit or any feature restrictions beyond the general description.

Features

Does Zoho Books support multi-currency transactions, and can exchange rates be applied automatically?

Yes, Zoho Books supports multi-currency transactions through its 'multi-currency feature' designed to manage foreign transactions. Exchange rates can be applied either automatically or manually.

Security

What security and privacy measures does Zoho Books have in place to protect my financial data?

Zoho states that they take pride in their 'perpetual efforts to surpass all expectations in providing security and privacy' to customers. However, the content does not specify particular security measures, certifications, or technical safeguards beyond this general privacy-focused statement.

Setup

Is there a trial period available before committing to a paid plan, and can I explore the software without using my real business data?

Yes, Zoho Books offers a 14-day free trial to experience the software. Additionally, there is a Demo Account option that allows you to explore Zoho Books features without using your real business data.

Integration

Does Zoho Books integrate with third-party apps beyond the Zoho ecosystem, and can I connect it to tools I already use?

Yes, Zoho Books connects with third-party apps beyond the Zoho ecosystem, as the content mentions integrations with 'apps you love' and includes a 'More Integrations' link. However, the content does not specify which third-party tools or apps are supported.

Product Information

  • Company

    Best Online Accounting Software for Small Businesses | Zoho Books
  • Pricing

    Freemium from 15.00
  • Free Trial

    Available
  • Free Plan

    Available

Platforms

webiosandroid

About Best Online Accounting Software for Small Businesses | Zoho Books

Zoho Books is a cloud-based accounting software that simplifies invoicing, expenses, tax management, bank reconciliation, and financial reporting for small businesses.

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