Skip to main content

A Comprehensive Guide to Zoho Books

 Setting up Zoho Books is a crucial step for any business aiming to streamline its accounting processes and maintain accurate financial records. Zoho Books, a powerful cloud-based accounting software, offers a wide range of features to help you manage your finances, automate business workflows, and stay tax-compliant. Whether you’re a small business owner, a freelancer, or managing a larger enterprise, Zoho Books can be tailored to fit your specific needs.



In this blog, we’ll guide you through the detailed procedure of creating a Zoho Books account, making sure you can effectively manage your financial responsibilities while concentrating on expanding your company. However, if you require assistance, you might want to think about hiring a reliable Zoho CRM consultant for your enterprise.

What is Zoho Books?

Zoho Books is an online accounting software designed by Zoho Corporation, that handles your finances and keeps track of your transactions. It easily handles invoices, sorts out bank statements, monitors expenses manages projects, and handles GST compliance issues.

Features of Zoho Books

Zoho Books offers multiple features to generate quotes, manage inventory, sales and purchase orders, create finance reports etc. Here are some features that this accounting software offers:-

  • Simplify the Tax Handling Process
  • Cash Flow Management
  • Integration with Other Tools
  • Accountant Access
  • Centralized Account Management

Advantages of Zoho Books

Zoho Books Accounting Software provides many great features to help you improve your business processes. It can help you manage your accounting and financial information, such as simple invoicing and billing, tax computations, and project management. Furthermore, it allows you to manage clients properly, balance bank accounts, and provide precise financial evaluations, promoting the smooth evolution of your firm.

  • Online Payments
  • Invoicing and Billing
  • Expense Tracking
  • Multi-Currency Support
  • Bank Reconciliation

Zoho Books Pricing Plans

Zoho Books offers a variety of pricing plans to suit different business needs. The basic Zoho Books plan is free and includes most of the abovementioned features. However, the free program has some limitations, such as a maximum of five active clients and no access to financial reports.

The paid plans include additional features such as financial reports, multi-currency support, and time tracking. The ”Ultimate” plan, the most expensive plan, includes features such as project management and access control.

It’s worth noting that the plans are flexible, so you can add or remove features as needed and add or remove users as your business grows. Additionally, Zoho Books offers a 15-day free trial for its paid plans, allowing you to test the software and see if it fits your business needs before committing to a subscription.

Zoho Books Integration

Combining Zoho Books with additional software can make your financial operations more efficient. Zoho Books provides various choices that work well with well-known external programs in multiple areas like payment systems, payroll solutions, online shopping, customer relationship management, and more. Below is a compilation of some integrations suitable for your business needs.

  • Payment Gateways:- You can integrate Zoho Books with Payment Gateways like PayPal, Stripe, or Square for easy invoicing and receiving payments directly into Zoho Books.
  • Zoho Books Integration with Zoho CRM:- You can integrate Zoho Books with Zoho CRM to bridge the gap between your sales and finance teams. This will allow you to monitor and handle crucial CRM data and your accounting records in the same location.
  • Other Integrations:- Integrate your Zoho Books with other third-party apps like Slack, Twilio, and Office 365 to make your services more efficient.

How to use Zoho Books Easily

Step 1) Create a New Account

Step 2) User and Roles

  • Head over to the top right corner of the page to find Settings.
  • Click on Users & Roles.

Step 3) Create Sales Order

Step 4) Create Invoices

Step 5) Email Invoice

Step 6) Record Payment

Step 7) Payment Received

This module helps you to access all the payments made to you by your clients. It shows the payments made for your invoices, including any retainers that have been added to them.

Step 8) Credit Notes

Step 9) Manage your customers and vendors.

Source: Read the full Guide to Zoho Books

Location: United States

Comments

Post a Comment

Popular posts from this blog

Creating S3 Buckets using Terraform

In this blog post, we will learn to create S3 Buckets using Terraform - Infrastructure as Code. Table of Contents ● What is Terraform? ● What is S3? ● Installation of Terraform ● Installation of AWS CLI ● Configuring AWS CLI ● Create Working directory for Terraform ● Understanding Terraform files ● Creating Single S3 Bucket ● Creating multiple S3 Buckets PreRequisites ● Installation of Terraform ● Installation of AWS CLI ● IAM user with Programmatic access  What is Terraform? ● Terraform is a tool to create , delete and modify the resources. ● Supported clouds such as AWS, Azure and GCP , IBM cloud etc. What is S3? S3 stands for Simple Storage Service. Amazon S3 has a simple web services interface that you can use to store and retrieve any amount of data, at any time, from anywhere on the web.  Installing Terraform 1. Using binary package (.zip) 2. Compiling from source Install Terraform From the link provided above, Download the suitable packag...
Post a Comment
Read more

10 Best Python Libraries For Machine Learning

With the increase in the markets for smart products, auto-pilot cars and other smart products, the ML industry is on a rise. Machine Learning is also one of the most prominent tools of cost-cutting in almost every sector of industry nowadays. ML libraries are available in many programming languages, but python being the most user-friendly and easy to manage language, and having a large developer community, is best suited for machine learning purposes and that's why many ML libraries are being written in Python. Also, the python works seamlessly with C and C++ and so, the already written libraries in C/C++ can be easily extended to Python. In this tutorial, we will be discussing the most useful and best machine-learning libraries in Python programming language. 1. TensorFlow : Website: https://www.tensorflow.org/ GitHub Repository: https://github.com/tensorflow/tensorflow Developed By: Google Brain Team Primary Purpose: Deep Neural Networks TensorFlow is a library developed by the G...
Post a Comment
Read more

Determining ROI for Your RPA Project

  Nowadays, every business needs to reach seamless Business Process Automation and offer the best possible customer experience. In 2021, the old-school way of going by your business won’t cut it. The introduction of RPA services (Robotic Process Automation) is crucial in simplifying your business processes. Its benefits are difficult to overstate.  Since it is non-disruptive, the implementation of RPA is not as complex as it appears to be. However, calculating the Return On Investment for RPA automation isn’t straightforward. You have to consider things that you won’t even realize are countable. Calculating the costs and gains for RPA services can put you in a pickle at times. But fret not.  This article will shed light on everything you need to know and consider before calculating the ROI for your RPA project.  How to Calculate ROI for your RPA Project?  1. Determine Your Automation Goals Before you start automating business processes with RPA services, you nee...
Post a Comment
Read more