Zoho Books is a cloud-based accounting software designed to streamline financial management for businesses of all sizes. With its wide array of features, competitive pricing, and integration capabilities, it has gained significant traction among UK businesses. This review explores Zoho Books pricing structure, its core features, and whether it suits your business needs.
Zoho Books pricing plans review
Zoho Books offers tiered pricing plans tailored to businesses with varying requirements. Below is a breakdown of the plans and their respective costs:
Free Plan
- Price: £0 per month
- Best for: Small businesses with basic accounting needs
- Features:
- Manage up to 1,000 invoices annually
- Track expenses and bills
- Bank reconciliation
- Email and chat support
- GST and VAT compliance
- Limitations: Only available to businesses with a turnover below £35,000.
Standard Plan
- Price: £12 per month (billed annually) or £15 per month (billed monthly)
- Best for: Small businesses with growing needs
- Features:
- Up to three users
- 5,000 invoices annually
- Expense tracking with custom categories
- Project management tools
- Integration with Zoho apps like Zoho CRM and Zoho Projects
Professional Plan
- Price: £24 per month (billed annually) or £30 per month (billed monthly)
- Best for: SMEs requiring advanced features
- Features:
- Unlimited invoices
- Up to five users
- Multi-currency handling
- Inventory management
- Purchase orders and sales orders
- Time tracking for projects
Premium Plan
- Price: £36 per month (billed annually) or £45 per month (billed monthly)
- Best for: Medium-sized businesses with complex needs
- Features:
- 10 users included (additional users can be added)
- Custom reporting
- Advanced automation workflows
- Vendor portal access
- Integration with third-party apps like PayPal and Stripe
Elite Plan
- Price: £60 per month (billed annually) or £75 per month (billed monthly)
- Best for: Larger businesses needing comprehensive accounting tools
- Features:
- Unlimited users
- Advanced inventory controls
- Real-time financial reporting
- Dedicated account manager
Ultimate Plan
- Price: £120 per month (billed annually) or £150 per month (billed monthly)
- Best for: Enterprises requiring full-scale accounting solutions
- Features:
- Advanced analytics with Zoho Analytics
- Custom dashboards
- End-to-end automation
- White-labelled client portals
- Priority support
Key features of Zoho Books
- Invoice management
Zoho Books enables businesses to create professional invoices, set up recurring billing, and track payments efficiently. It supports VAT-compliant invoicing for UK businesses. - Expense tracking
Categorise and monitor expenses with ease, while integrating bank feeds for real-time updates. - Tax compliance
The platform supports Making Tax Digital (MTD) for VAT submissions, ensuring compliance with HMRC regulations. - Inventory management
Zoho Books provides tools to manage stock levels, reorder items, and track inventory across locations, which is particularly useful for product-based businesses. - Automation
Save time with automated workflows for reminders, approvals, and repetitive tasks. - Integration capabilities
Zoho Books integrates seamlessly with Zoho’s ecosystem and third-party applications such as Office 365, G Suite, and payment gateways like Stripe. - Custom reporting
Access detailed financial reports and customise them to gain insights into your business performance.
Review verdict – Is Zoho Books the right choice for your business?
Zoho Books offers a wide range of features at a competitive price point, making it a compelling option for businesses looking for an all-in-one accounting solution. Here are some considerations to help you decide:
- Pros:
- Cost-effective plans for businesses of all sizes.
- Comprehensive VAT and MTD compliance tools for UK businesses.
- Excellent scalability with various plans and integrations.
- User-friendly interface and automation capabilities.
- Cons:
- Limited free plan availability (turnover below £35,000).
- Some features, such as advanced analytics, are only available in higher-tier plans.
Final thoughts
Zoho Books combines affordability with robust functionality, making it an excellent choice for UK businesses aiming to streamline their accounting processes. Small businesses can benefit from its cost-effective entry-level plans, while larger organisations can leverage its advanced features through premium plans. Evaluate your business’s specific needs and the available features within each plan to determine if Zoho Books aligns with your requirements.
FAQ
Zoho Books is particularly well-suited for small to medium-sized businesses, freelancers, and enterprises looking for scalable accounting software. It’s ideal for those needing robust tax compliance, automation, and inventory tracking.
Yes, Zoho Books supports multi-currency transactions in its Professional plan and above. This feature is useful for businesses dealing with international clients or suppliers.
Zoho Books integrates seamlessly with a variety of Zoho apps, such as Zoho CRM and Zoho Projects, as well as third-party tools like PayPal, Stripe, and Office 365, enhancing its versatility.
Yes, Zoho Books offers mobile apps for iOS and Android devices, allowing users to manage their finances on the go, including invoicing, expense tracking, and real-time updates.
Zoho Books fully complies with HMRC’s Making Tax Digital (MTD) requirements, enabling businesses to submit VAT returns directly through the platform.
Zoho Books ensures data security through features like SSL encryption, two-factor authentication, and regular backups, providing peace of mind for businesses.
Advanced reporting tools are available in the Premium plan and above. These include custom dashboards, financial insights, and integration with Zoho Analytics for enhanced data analysis.
Zoho Books allows businesses to add custom branding to invoices, quotes, and client portals, helping maintain a professional and consistent image.
Zoho Books offers email and chat support across all plans, with additional priority support available in the Ultimate plan for businesses requiring faster resolution times.
Yes, Zoho Books can handle unlimited invoices in its Professional plan and above, making it suitable for businesses with high transaction volumes.