Zoho Books Review - why 4.4 stars?

Zoho Books Review
ITQlick Score: 96/100
ITQlick Rating: (4.4/5)
Pricing: 2.4/10 - low cost
Category: Core Accounting -> Zoho Books
Ranking:Ranked 3 out of 137 Core Accounting systems
Company: Zoho
Pricing: starts at $10 per organizer/month
Typical customers: Small businesses and start ups
Platforms: Desktop, Mobile, Cloud
Links: Zoho Books pricing, Zoho Books alternatives

Shlomi LaviShlomi Lavi / updated: Mar 08, 2022

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What is Zoho Books and its features?

Zoho Books is accounting software designed for businesses to manage their finances, automate business processes and help enhance teamwork. This software comes with many features, and some of its features are:
  • Receivables: This feature allows businesses to send estimates, convert estimates to invoices and receive payment.
  • Inventory: The Zoho Books Inventory feature allows businesses to easily capture their goods and services and add them to inventory.
  • Banking: This feature allows you to set your business bank account and import transactions to the Zoho Books accounting software.
  • Time Tracking: This feature helps businesses to track the amount of time spent on various projects to ensure that customers are invoiced correctly for the work done.
Zoho Books software is a product of Zoho company, and the company is headquartered in Austin, Texas, with other international headquarters in Chennai, India, and offices all over the world. The software company has about 10,000 employees working in their offices.

What is Zoho Books rating?

The rating of Zoho Books is 4.4 stars out of 5 and the total score is 96 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Zoho Books?

Zoho Corporation created Zoho Books in response to another accounting software called Quickbooks to target small and mid-size businesses that want to save time in bookkeeping and paperwork. The main target industry here is obviously accounting but the service can also be used by construction, freelancing, retailing and non-profit organizations.

Companies currently relying on the Zoho Books are Oyster Learning, Beautiful Linen Rentals, Nubifer Inc., Mobafone GmbH, and VMom Pte Ltd.

Is it easy to use?

Yes, Zoho Books makes it fairly easy to use. This product is user friendly and intuitive.

Is Zoho Books cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Zoho Books on your mobile/smart phone.

Is Zoho Books the best Core Accounting system?

Zoho Books is ranked 3 out of 137 software in their category (Core Accounting systems).

What are their main features and functionalities?

Zoho Books allows you to stay on top of your business and make more informed decisions based on the information it provides. It enhances customer management, and eases up invoicing through automation and and payment reminder.

With Zoho Books you can record and track bills from vendors, look through financial reports and manage all your business contacts from one platform.

What are Zoho Books's pros? (5 Pros)

  • Users love the report and customization feature available in Zoho Books
  • The software automation features are excellent
  • Zoho Books offers a multi-currency feature, which is helpful for most international businesses
  • Templates can be customized according user preferences
  • Zoho Books supports platforms such as Google Apps and Open API

What are Zoho Books's cons? (5 cons)

  • The multi-currency feature in Zoho Books is somewhat clunky
  • Users complain that the integration for Amazon Seller Central was not great
  • Does not support paying with credit card right from inside the user's interface
  • Does not integrate Zoho CRM nor Zoho Project
  • Financial information input from 3rd parties is not automated

Who are their main alternatives?

Zoho Books has many competitors in the accounting software industry. Some of its closest competitors are FreshBooks, Wave Accounting, and Xero. Below, we will compare these systems in some specific aspects:
  • Functionality: Zoho Books has many features, and some of them are Manage Invoices (Up to 1,000 per annum), Client Portal, Online/Offline Payments, Automate Payment Reminders, Multi-lingual Invoicing, Credit Notes, Recurring Invoices, Expenses & Mileage Tracking, Add Multiple Bank and Credit Card Accounts, Import Bank and Credit Card Statements, Bank Rules & Reconciliation, Chart of Accounts & Sub-accounts, etc. Compared to its alternatives, FreshBooks lacks the Multi-lingual Invoicing feature available in Zoho Books, Xero and Wave Accounting lacks the Project Profitability feature available in Zoho Books.
  • Cost: ZohoBooks has a license price starting from $10 per Organization per month, and compared to its alternatives, Wave Accounting has a license price starting at $20 monthly base fee, Xero has a license price starting from $12 per month, and FreshBooks has a license price starting at $4.50 per month per 5 billable clients.
  • Customers/Industries: Zoho targets a vast number of industries, and here they are: Machinery, Electrical/Electronic Manufacturing, Information Technology and Services, Legal, Real Estate & Construction, Education, Marketing and Advertising, Retail, Architecture & Planning, Law Practice, Food & Beverages, Internet, CA, Printing, Industrial Automation, Maritime, Web Development, Computer Software, Telecommunication, Accounting, Mechanical Or Industrial Engineering, Financial Services, Hospital & Health Care, Wholesale, Business development, Wedding Planner & Décor, Transportation and Logistics, Outsourcing/Offshoring, Manufacturing, Services, Professional Services (Non IT), and NGOs. Compared to its alternatives, FreshBooks targets Freelancers, Self-Employed Professionals, Businesses With Contractors, and Businesses With Employees. Xero targets small businesses, accountants, and bookkeepers.
  • Cloud/On-premise: Zoho Books and its close alternatives are all cloud-based business accounting systems.
  • Scalability: Zoho Books is designed for small and large businesses and projects. Compared to its close alternatives, Xero is designed only for small businesses, accountants, and bookkeepers.
  • Support: In terms of support channels offered, Zoho Books and FreshBooks offer Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, and Chat, but do not offer 24/7 (Live Rep). Xero offers all support channels with Zoho Books (including 24/7 (Live rep) but no phone support. Wave Accounting provides all support channels as Zoho Books but does not offer Phone and 24/7 (Live Rep) support.

What is the cost of Zoho Books?

Zoho Books has a free plan and 3 premium plans. They are the Standard Plan with a license priced $10 Per Organization per Month, the Professional license plan priced at $20 per Organization Per Month, and the Premium license plan priced at $30 per Organization Per Month.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.4 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for Zoho Books. You can also find here pricing information from Zoho Books's website.

What should you ask Zoho during a demo session? (65 questions)

Schedule a demo with Zoho Books and access 65 must ask questions for the vendor while watching Zoho Books in action.

Where Zoho Books is used?

Zoho Books is accounting software for businesses to manage their finance effectively. The software can be used by small to large enterprises in the Machinery, Electrical/Electronic Manufacturing, Information Technology and Services, Legal, Real Estate & Construction, Education, Marketing and Advertising, Retail, Architecture & Planning, Law Practice, Food & Beverages, Internet, CA, Printing, Industrial Automation, Maritime, Web Development, Computer Software, Telecommunication, Accounting, Mechanical Or Industrial Engineering, Financial Services, Hospital & Health Care, Wholesale, Business development, Wedding Planner & Décor, Transportation and Logistics, Outsourcing/Offshoring, Manufacturing, Services, Professional Services (Non IT), and NGOs industries.

Some companies using Zoho Books are Instant Data Centers, LLC, US, Stephen P. Shepard, LLC, Maryland, U.S.A, Empire Aviation Group, UAE, Snapdragon Services, INC., US, Dynamic Image Marketing Systems, INC., US, etc.

List of categories

Billing & Invoicing
Core Accounting
Medical Accounting

List of features

Billing & Invoicing
Purchase Orders
Sales Reporting
Tax compliance
Time & Expense
Time and Expense Tracking

Zoho Books Vs. Alternatives

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Wave Acc...
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FreshBooks
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Vyapar
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$49.99 per year
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5
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.