Zoho Books Overview, Review & Alternatives 2014

Zoho Books
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Overview

The name has been present in the market for more than 12 years. This cloud based software supports double entry book keeping, and lets the accountants add manual adjustments for depreciation and other expenses. Supported by a multiple currency option, this software is extremely helpful for time tracking of projects that involve multiple users. You can also make use of its role based access to define the roles of your employees, which keeps data integrity issues at bay.

Zoho Books

Features of Zoho Books

Improved User Interface and Integration with Google Apps: The latest interface of Zoho seems to be much advanced as compared to the conventional one. Other than improvising its appearance, it has also simplified the accessibility of its features, which can certainly save your time. Its integration with Google Apps professional and enterprise-level accounts helps you establish quick connectivity with your customers and other users. But, you need to activate it by configuring your Google Apps super user account. Zoho’s dashboard has been designed to access most of your required information from one place. It means, it lets you access the summary of all outstanding amount, bank balance and payable amount from its dashboard itself. Though the procedure of account watch-list can be more simplified, but one needs to spending some time on research.

Invoicing, Time Tracking and Purchase Order: “Zoho Books” enables you to view a complete module of invoicing, which facilitates you to create and send professional invoices. We could easily set up all the major payment gateways in the application to get paid faster. Its tracking system is very decent as well. On the other hand, we found some scope of improvement in GST/VAT tax codes. But, it can be set up manually as per the tax laws of your country.

Prompt Banking Transactions: Its seamless connectivity with banking transactions certainly kept our spirits high, which helped us instantly receive financial updates from our bank. And, the transaction could be easily categorized as per the rules set by us, which worked as a real time saver. We also schedule our monthly payments in this application, and received timely notifications for the same. Its “form builder” is based on a drag and drop methodology. So, merely by the drag-and-drop interface, we could create powerful forms, which could be used to interact with our existing database.

Pricing

The software can be downloaded free of cost for 14 days. And, if you are planning to have its paid version, then you need to spend $24/month for a single organization. It includes unlimited creation of invoices, bills, expenses, and also lets you add unlimited customers, vendors and projects.

 

Alternatives of Zoho Books

 

Freshbooks

In the first glance, the Freshbooks interface turns out to be clean and tidy. The user can easily navigate to various features through tabs. The new design of FreshBooks helps you quickly perform all of your accounting tasks, and also lets you switch to classic view, if required. This app is smart enough to save your client’s generic information such as currency, language preference, and quickly calculates taxes and discounts etc. FreshBooks app can be used by iOS as well as Android users.

 

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Quickbooks

Quickbooks is an accounting software better suited for double entry and developed for small businesses as well as accountants to let them organize business finances with ease. Some of its newly added features facilitate the user to simplify their accounting related tasks such as sales receipts, inventory records and tax forms etc. QuickBooks is a fairly easy to use software and one can easily learn the features as well.
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Xero

Xero, an accounting based software designed for small to medium sized organizations, has been under limelight in the financial market since a couple of years. It is majorly used for expense reporting, payroll management and other tasks pertaining to billing and invoicing. Xero is observed to be fully compatible with cloud and more than 180 applications related to business operation: CRM, POS and inventory management. It supports multiple currencies, and also makes your financial transactions automated, which can be customized by tweaking its rule sets, as per your business requirements.

 

Wave

Wave is compatible with cloud, and designed to bring the amalgamation of speed and accuracy in the accounting of small/medium businesses. It is compatible with Mac, Windows and Linux, and works well with various latest browsers including IE, Firefox, Chrome, Safari, etc. One of the reasons of its popularity, is its futuristic mobile application. It has an option to view simple cash flow analysis along with a notification center to keep the user updated with all the happenings in his/her business. The software has been used by more than 1.5 million users, and has won awards too.

 

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John Laster

John Laster is a technical news junkie and Founder of TechieApps. He loves everything about digital world, technologies, social media and gadgets and has been prophetic in identifying the best ways to leverage and harness such news to drive sales growth for companies ranging from startups to huge organizations.

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