Zoho Books
Zoho Books is a user-friendly, cloud-based accounting software with a system for managing invoices, inventories, and projects. In addition to five membership packages priced between $15 and $240 per month, Zoho Books offers a free plan. The most advanced plans contain advanced features like purchase approvals, vendor portals, and custom modules in addition to allowing for more users and invoices.
You can connect to payment gateways and send customized invoices to consumers using Zoho, allowing them to pay for your goods and services online. Also, you will be able to connect one or more bank accounts to significant transactions and automatically classify them for quick and simple reconciliation. The dashboard will give you a clear view of your highest expenses, total receivables and payables, and sales. A wide range of financial reports for businesses is also possible, including cash flow statements, balance sheets, and profit and loss statements. You can also utilize a tax tool to calculate sales tax, set a default tax rate, and file 1099s for contractors.
Rating: 4.5 (on Forbes Advisor)
Price: $15-$240
Free trial: 14 days and a free forever plan
Pros:
- Free plan available
- Feature-rich accounting software
- Robust mobile app
- Impressive support options
Cons:
- Maximum of 10 users
- Must invest in higher-level plans for advanced features
- Limited integration
