Zoho Books Review - why 4.4 stars?

Shlomi Lavi / updated: Mar 08, 2022

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What is Zoho Books?

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.

Who is it best for?

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.

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 is the actual cost?

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.

ITQlick pricing score is 2.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Zoho Books. You can also find here pricing information from Zoho Books's website.

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

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

How it stacks up?

Access a head to head analysis of Zoho Books vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Zoho Books right for you or your business?

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.