Zoho Books: Easy-to-use cloud accounting software for your business
Small businesses don't need complicated, pricey accounting software, but they do need software that can grow with their businesses. Zoho Books is a simple online accounting software that syncs with your accounts and covers all the basics, allowing you to create and send invoices, track time and expenses and generate reports.
It has mobile apps for iOS, Android and Windows devices, allowing you to accomplish various accounting tasks on the go. As your business grows, you can integrate the software with other Zoho products and third-party applications.
Although other top accounting software providers offer similarly priced plans, you need to consider which software has the specific features your business needs in the lowest plan or at the best price. For example, consider the following three features to see how Zoho Books stacks up against its top competitors:
- Contacts: Zoho Books' $9 Basic plan allows you to add 50 contacts to the system. With FreshBooks' $15 Lite plan you can only bill up to five active clients. Xero's $9 Starter plan is even more restrictive, limiting you to five invoices and five bills per month. However, QuickBooks Online's $10 Self-Employed plan doesn't have a limit on this feature.
- Tracking billable hours: You can track time and add billable hours to invoices using Zoho Books' Basic plan. FreshBooks' Lite plan can do this also, though it costs $6 more per month. QuickBooks Online's Essential plan, which costs $35 per month, offers this functionality. Xero doesn't natively track time, so you'd need to add a third-party integration to the system to get this feature.
- Tracking inventory: Although you'll need Zoho Books' Professional plan to get the inventory management features, you'd need QuickBooks Online's Plus plan for this functionality, too, which costs $50 per month. Although Xero's Starter plan has this feature and at $9 would be the best deal, you're limited to five invoices per month, so you'd probably need to upgrade to Xero's $30 Standard plan, FreshBooks doesn't support inventory at all.
A Price Plan For Every Business