Close search

Zoho Accounting

Table of Contents
SME Reviews 2 1
Introduction

Accounting and financial document management used to be a time-consuming task but has been made simpler through the use of technology. Thanks to technology, businesses can leverage cloud-based accounting software to access their business’s finances at any time and place but can eliminate repetitive tasks like data entry and the calculating of tax, revenue and cash flow forecasts, among others.

What is Accounting Software?

Accounting software is a digital tool that helps people and businesses record, track, and manage their money. It automates everyday tasks like sending bills, paying costs, and checking bank records. This system makes financial data neat and easy to view.

There are several accounting software options available on the market. One of the best accounting software platforms available for small to medium-sized enterprises (SMEs) is Zoho Books.

What is Zoho Books?

Zoho Books is the online accounting software in Zoho’s suite. It’s designed to help SMEs manage their finances, track cash flow, and automate day-to-day administrative tasks.

What does Zoho Books Offer SMEs?

Zoho Books offers SMEs a cloud-based accounting platform to handle invoicing, manage daily finances, and automate financial tasks.

See Zoho Books plans

Related: Tax and accounting  ·  Cash flow  ·  More business tools

Main Features

Accounts Receivables: With Zoho Books you can optimise your receivables process for consistent cash flow management, streamline invoice generation, effortlessly track payments, and manage outstanding amounts.

Accounts Payable: Zoho Books enables you to have a command over your payables and vendor relationships. Also you can manage vendor bill payments, track outstanding amounts, and easily record any incurred expense.

Tax Compliance: Zoho Books helps you handle VAT transactions, enable international trade, and generate VAT 201 and audit reports.

Bank Reconciliation: Zoho Books enhances banking efficiency by enabling your business to connect with bank and credit card accounts. Automatically import transactions, categorise them, and streamline the reconciliation process for swift month-end closing.

Inventory Tracking: Zoho Books helps you track inventory, create price lists and set reorder points to be alert when stock levels drop.

Projects Accounting: Zoho Books empowers you to take on projects, set project budgets, assign project tasks, and easily bill your clients.

Reports: Zoho Books gives you access to 70+ built-in and customisable reports and advanced analytics to understand the past, present, and future of your business performance.

Integrations: Zoho Books integrates with various third-party applications, Zoho apps, and partner banks to enhance your accounting operations.

Security and Privacy: With Zoho Books, you get robust data protection and compliance with industry-leading privacy standards.

Pricing

Zoho Books includes six pricing plans, designed for new and established businesses. All plans have a free trial.

Free Plan – Free forever. The Free plan includes:

  • One user + one accountant
  • Email support
  • Create invoices, quotes, expenses & journals
  • Receipt auto-scans
  • Accept online payments
  • Manage vendors
  • Enable self-service customer portal
  • Automate payment reminders
  • Retention payments
  • Reconcile bank transactions
  • Setup recurring invoices
  • P&L, Balance Sheet & 50+ Reports

Standard Plan – R99 per organisation per month or R82,50 per month on the yearly option. The Standard plan includes everything in free plus:

  • Three users + email, voice and chat support
  • Track VAT
  • Progress invoicing
  • VAT returns and audit reports
  • Connect bank feeds
  • Setup recurring expenses
  • Enable transaction period locking
  • Add custom fields
  • Create custom reports
  • Create journal templates
  • API Access

Professional Plan – R199 per organisation, per month or R165,83 per month, per organisation on the yearly option. The Professional plan includes everything in standard plus:

  • Five users + email, voice and chat support
  • Manage credits and refunds
  • Track sales and purchase orders
  • Record multi-currency transactions
  • Bill timesheets
  • Project profitability
  • Track inventory
  • Create price lists
  • Setup sales and purchase approvals
  • Customise business workflows
  • Collaborate with users (chat, voice, video and screen sharing)
  • Create custom user roles

Premium Plan – R299 per organisation, per month or R249,17 per organisation, per month on the yearly option. The Premium plan features everything in professional plus:

  • Fixed asset management
  • Profit Margin
  • Manage budgets
  • Cashflow forecasting
  • Enable self-service vendor portal
  • Set up custom domain
  • Create business-specific custom modules
  • Add custom button
  • Create custom field validation rules
  • Embed contextual web pages/apps
  • Manage custom functions
  • 10 users + email, voice and chat support

Elite Plan – R1290 per organisation, per month or R1075 per organisation, per month on the yearly option. The Elite plan features everything in premium plus:

  • 10 users + voice, email and chat support
  • Dashboard customisation
  • Blueprints
  • Manage warehouses
  • Composite items
  • Track serial numbers
  • Batch tracking
  • Print shipping label
  • Track shipments
  • Integrate Shopify stores (Up to 2)
  • Track bin locations

Ultimate Plan – R2490 per organisation, per month or R2075 per organisation, per month on the yearly option. The Ultimate plan features everything on elite plus:

  • 50+ pre-built data visualisation
  • Add and track KPIs for your business
  • Analyse along with other data sources (with Zoho Analytics add-on)
  • Collaboratively create reports with colleagues
  • Embed reports in websites or applications
  • 3 million records/rows

Add-On Repository

  • Users – R16,67 per user, per month billed annually
  • Document auto-scans – R100 for every 50 scans per month, billed annually
  • Locations – R150 per location per month, billed annually
  • Expense Claims – R75 per user per month, billed annually
  • BillPay – R249,17 per month, billed annually
Pros and Cons

Pros

Has a free forever plan
All pricing is local and affordable
Integrates easily with third-party applications

Cons

Free plan has little features
Add-ons come with additional costs
FAQs

Zoho Accounting is designed to be user-friendly, even for beginners. It offers a clean interface, intuitive navigation, and helpful tutorials to guide you through the software. However, if you’re dealing with complex accounting tasks, consulting with a professional accountant is still recommended.

Zoho Accounting offers migration tools to help you import data from various accounting platforms. This makes it easier to switch to Zoho without manually re-entering all your financial information.

As a cloud-based system, changes performed in your account on one device will instantly sync with all other devices. With Zoho Books, your data is automatically backed up to the cloud, so even if your internet connection is interrupted, you never have to worry about losing your work.

Yes, Zoho Books uses two-factor authentication and SSL encryption to secure your transactions.

Get Offer
Redeem Offer Now
You’ll be redirected to Zoho Accounting’s partner page to claim your exclusive offer
LOGIN to Reedeem Offer

Already a Member? Click here to access your unique redemption code

OR

Create SME Hub Account

Join the SME Hub Community in 30 seconds to qualify

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .