Do you want to use the services of accounting software? Before you select accounting software, you must make sure that the accounting software is ideal for your business. Zoho Books and QuickBooks are the best accounting software in the market. But both of them are different from each other. Here in this article, we will give you detailed information about this two accounting software and we will make sure that you choose the right accounting software that fits the needs of your business.
Table of Contents
Overview of Zoho Books
Zoho Books is accounting software that was redesigned and relaunched back in 2014 and is growing day by day. It is easy to use compared to its biggest competitor, QuickBooks Online. Zoho Books provides a lot of features and the most useful feature of Zoho Books is its invoicing facilities and strong mobile apps. In Zoho Books, you can send invoices to your customers and dealers in different languages. If you are running a small business and you want to use the services of accounting software, then Zoho Books is the best option for your needs.
Advantages of Zoho Books
- Zoho Books is easy to use
- It has very strong mobile apps
- Customer service is excellent
- Reasonable pricings and plans
Disadvantages of Zoho Books
- Zoho Books does not have payroll service
- Budgeting services are unavailable.
- It’s features don’t fit for large businesses.
Overview of QuickBooks Online
QuickBooks Online was established in 2004. It is the leading accounting software that fits the needs of medium-sized businesses. It has a lot of features which enable you to run your business very easily. It has more than 600 integrations. It has a feature of invoicing and strong mobile apps. It’s features are easier to use, even for users who don’t have any experience of using accounting software. The pricing and plans of QuickBooks are expensive compared to other accounting software.
Advantages of QuickBooks Online
- Variety of features
- It has very strong mobile apps.
- QuickBooks Online is easy to use
- It has a large number of integrations.
Disadvantages of QuickBooks Online
- The pricing and plans of QuickBooks Online are expensive.
- Customer service is not good.
Features of QuickBooks Online and Zoho Books and their differences
Now let us have a look at the features of both the accounting softwares and compare them
- Invoicing Features
Both softwares provide very good and easy to use invoicing features. Let us have look at the invoicing features of each software and compare them
- QuickBooks Online
- It has 6 templates for invoicing. You can customize these templates according to your needs and then send invoices to your customers and dealers.
- Some plans provide the features of “Recurring Invoice”, “Reminders” and “Batch Invoice”.
- You can send invoices in 6 different languages and can also keep a track on those invoices.
- Invoicing process can be automatically scheduled in QuickBooks online.
- Zoho Books
- It has 16 templates for invoicing. You can customize these templates according to your needs and then send invoices to your customers and dealers.
- The subscriptions of Zoho Books provide the features of “Recurring Invoice” and “Reminders”.
- You can send invoices in 13 different languages and it also keeps the PDF invoices encrypted for better security.
- Budgeting Features
Let us have look at the Budgeting features of each software and compare them
- QuickBooks Online
- The Plus plan and the Advanced plan of QuickBooks online provides the feature of adding multiple budgets.
- QuickBooks Online also provides you the feature of creating monthly budget, quarterly budget and annual budget.
- You can collect your previous year’s data and use them to create a budget and can also run the budgeting reports.
- Zoho Books
- Budgeting feature is not available in Zoho Books accounting software.
- It has a feature of “Job Costing”.
- Payroll Features
Let us have look at the Payroll features of each software and compare them
- QuickBooks Online
- Payroll services are not included in the general subscriptions of QuickBooks Online.
- You have to pay an additional fee to avail the Payroll services and its features.
- There are 3 different plans for Payroll services and you can choose from those plans.
- Zoho Books
- The major drawback of Zoho Books is that it does not provide the Payroll services to its users.
- Client Portal services
Let us have look at the Client Portal services of each software and compare them
- QuickBooks Online
- The Client portal of QuickBooks online is very much secure and limited.
- The customers can view, pay, print and can also ask questions about the invoices sent to them.
- Zoho Books
- The Client portal services are far better in Zoho Books than QuickBooks Online.
- In Zoho Books you will be able to view the informations and details of any projects and can also pay fully and partially using the client portal of Zoho Books
- Managing your projects
Let us have look at the project management services of each software and compare them
- QuickBooks Online
- QuickBooks Online provides you many project management features such as “Project creation”, “Adding billable” and “Nonbillable hours”, and “Tracking expenses” for the projects.
- Zoho Books
- In Zoho Books, users can add task and this feature is not available in QuickBooks Online
- Zoho Books provides you many project management features such as “Project creation”, “Adding billable” and “Nonbillable hours”, and “Tracking expenses” for the projects.
- Reporting Features
Let us have look at the reporting features of each software and compare them
- QuickBooks Online
- QuickBooks Online has more reports available than Zoho Books.
- It has more than 80 reports.
- Zoho Books
- Zoho Books has more than 50 reports.
- Lending Facility
Let us have look at the lending facility of each software and compare them
- QuickBooks Online
- QuickBooks Online has a built in lending facility which can be used to manage the cash flow easily.
- Customers can apply for QuickBooks lending facility within the QuickBooks online platform
- Zoho Books
- Zoho Books does not provide you the feature of in built lending.
Subscriptions and Pricings
Now let us have look at the prices and costs of each subscription of both accounting software and compare them
- QuickBooks Online
- The cost of QuickBooks online is more than the price of Zoho Books.
- QuickBooks Online has 3 plans starting from 25 Dollars per month to 150 Dollars per month
- QuickBooks Online provides you a 30 days free trial offer.
- If you take the 30 days free trial offer then you will not get any discount in the prices of the subscriptions.
- The features of plans increase with the increase in the price of plans. You will get more features in the expensive plans.
- Some additional payments are also needed for some additional features.
- Zoho Books
- The cost of Zoho Books is less than the price of QuickBooks Online subscriptions.
- Zoho Books has 3 plans starting from 9 Dollars per month to 29 Dollars per month.
- Zoho Books provides you with a 14 day free trial offer.
- The features of plans increase with the increase in the price of plans. You will get more features in the expensive plans.
- Some additional payments are also needed for some additional features.
Customer Services
Now let us have a look at the customer services provided by both softwares
- Zoho Books
Zoho Books has the best customer service policy. It makes sure that the customers get help in every aspect. You can contact their officials via mail, phone, and live chat. They organize weekly webinars which help the customers to clear their doubts and solve the problems they are facing. You can take help from them if you face any problem regarding upgrading your subscription. They offer you a lot of methods to get in touch with them and will respond very quickly to your queries.
- QuickBooks Online
The customer service of QuickBooks online is not so good compared to the customer service of Zoho Books. Sometimes the officials are unable to answer your queries and are unable to solve your problems. It takes a huge amount of time to get any response from the officials. QuickBooks Online does not have email support and therefore many users face difficulty contacting them.
Integrations
QuickBooks Online has a large number of integrations. They have more than 650 integrations and have different payment gateways.
- Salesforce QuickBooks Integration
- How To Use PayPal Integration with QuickBooks Online
- Sync Square QuickBooks Integration
- Point of Sale Integration with QuickBooks
- QuickBooks Outlook integration
- Best Time Tracking Software To Integrate With QuickBooks
Zoho Books has less integration than QuickBooks Online. It has more than 30 integrations. Zoho Books has different payment gateways and it also has a “Zapier Integration” that allows the software to connect to more than 1000 apps.
Businesses that suit Zoho Books’ features
Some of the businesses that can be carried out in Zoho Books are mentioned below
- If your business is to manage your finances with the help of strong mobile apps.
- If you want to run a business with low cost accounting software, then you can choose Zoho Books.
- If your business needs accounting software with an easy set up process and easy to use, then you can use Zoho Books.
- If your business needs accounting software with excellent customer service and customer support, then you can use Zoho Books.
- If you want to use international invoices for your business, then you can use Zoho Books.
Businesses that suit QuickBooks Online’s features
Some of the businesses that can be carried out in QuickBooks Online are mentioned below
- If your business needs payroll services, then you can use QuickBooks Online
- If your business needs accounting software with a large number of integrations, then you can use QuickBooks Online.
- If your business needs in-built lending facility, then you can choose QuickBooks Online.
- If your business needs accounting software that is easy to use, then you can choose QuickBooks Online.
Conclusion
We hope that now you can wisely choose accounting software that fulfills the needs of your business easily by yourself. We will recommend you to read the entire article without skipping a single part so that you can choose your accounting software wisely. You can drop a call to us +1-855-525-4247 if you need any further help and suggestions regarding choosing accounting software.