QuickBooks vs Zoho Books

Last updated: June 14, 2021

50
QuickBooks
QuickBooks Online puts you in control of your finances, your time, your business—and where you work. From setup to support, QuickBooks Online makes your accounting easy. With simple tools to get you started, free support, and a money-back guarantee, QuickBooks Online is the effortless choice.
13
Zoho Books
Zoho Books is an online accounting software with time tracking that allows you to easily manage the money flowing in and out of your business. Manage your customers and invoices, while keeping expenses in check. Record, monitor and reconcile your bank accounts and transactions, and collaborate with your accountant in real-time. Most importantly, Zoho Books helps you make better, more informed decisions and stay on top of your business.
QuickBooks vs Zoho Books in our news:

2021. Zoho Books gets a Free Plan



Zoho has introduced the free plan of Zoho Books, designed to meet the accounting needs of small businesses, startups, and freelancers. Zoho Books’ free plan aims to transform the finance workspace of small businesses by providing a modern cloud accounting platform to replace traditional or spreadsheet accounting, eliminate the risk of data loss, and reduce manual effort and errors. The free plan will help you go paperless, automate your accounting tasks, and take your accounting wherever you go. With this free plan, you can create, customize and send up to 1,000 invoices per year, collect payments online or offline, and automate your payment reminders. You will also be able to upload expense receipts and monitor expenses by category to stay within your budget. With the client portal enabled, your customers will be able to view their outstanding invoices, comment on transactions, pay you online, and leave reviews.


2017. Intuit acquired time-tracker TSheets



Intuit, the company behind products like QuickBooks, acquired TSheets, a time-tracking service and employee scheduling app with over 35,000 customers for $340 million. There’s an obvious overlap between the markets for QuickBooks and TSheets, both of which mostly target small to medium businesses. Indeed, Intuit tells us that the companies already share 12,000 customers. Clearly this isn’t a play to acquire new customers, but to build out the QuickBooks ecosystem and it’s worth noting that TSheets already offers an integration with QuickBooks. In talking to Intuit over the last few months, this idea of removing friction is very much at the heart of the company’s current product plans, especially with regard to QuickBooks.


2017. Zoho Books gets document hub and receipt auto-scanning



Online accounting app Zoho Books adds some usefull features for working with documents. The Auto-scan option in Zoho Books lets you scan your documents, and capture the details automatically, so they can be converted into an expense, bill, or purchase order. If you’ve already scanned them, you can upload them directly and our software will extract the key data for you. The Documents feature comes with its own unique email address, so you can get your files into Zoho Books just by emailing them. Once you receive a file, you can move it to one of your folders or create a transaction from it, and the inbox gets cleared. The documents are automatically stored in one secure hub as soon as you upload them, which means you have one common place to view and manage your documents.


2014. Zoho Books became available on iPad



Zoho announced the availability of the new Zoho Books iPad app. This native app is optimized for iPad, iPad Air and iPad Mini. iPad app features all the major functions from the web version so that you can run your business on your tablet from anywhere. An interactive dashboard for you to get important insights into your business as soon as you open it. Get information on your receivables, payables and cash flow. Learn how your business is faring and what part needs attention. Zoho Books for iPad also provides business expense management, time tracking, timesheets, estimates and different reports.


2014. Intuit acquired cloud integration service ItDuzzit



Intuit continues to build out its cloud platform for SMB by acquiring itDuzzit — the startup that provides tools for businesses to integrate different web and mobile apps with each other (something think IFTTT for enterprises). The idea here is that Intuit will add itDuzzit to its QuickBooks platform, which provides accounting and increasingly many other adjacent services to businesses. ItDuzzit competes against the likes of Zapier and Cloudwork. The dozens of apps that can be linked up using the itDuzzit include the likes of Asana, Box, Coinbase, Freshbooks, PayPal and Shopify, with promises of further apps to come. What it essentially means is that while Inuit may not have its own hand in each of those pies (yet), it will give its customers an easy way of using them on its platform and with Intuit software regardless.


2014. Zoho Books app for Windows 8.1 released



Zoho launched Windows 8 version of its accounting app for growing business Zoho Books. It allows to send instant invoices to your clients and record payments, track expenses you’ve incurred and categorize them by type, identify and cut down on unnecessary expenditures, get instant insights into your business with interactive graphs and charts rather than drowning in information overload, organize contacts (capture important details like currency, email, phone, and billing address in a single place), maintain items in your product/price list.


2011. Zoho launched online accounting service Zoho Books

Zoho has finally filled the most evident gap in its package of online applications for small business - released the online accounting service Zoho Books. Now we can state with full responsibility that Zoho provides the complete set of tools for small business. Zoho Books allows to control financial flows, bank accounts, create and send invoices, receive payments via PayPal or credit cards, plan revenues and expenses. It's integrated with Zoho CRM, Email, and spreadsheets, making it more suitable for accountants and other staff. Zoho Invoice users will be given a simple way to upgrade to Zoho Books. Zoho Books - is the first Zoho product that has no free version. Only the 30-day trial. This is not surprising, since in most small companies there is only one accountant and providing a free single-user version would be nonsense. So the service costs - $ 24/mes for single account. For each additional user you will have to pay extra $ 5 per month.


2008. Intuit launches QuickBooks Online Edition



Intuit is the biggest player in the accounting software space, its QuickBooks product having massive following in the SMB space with over three millions users. QuickBooks Online Edition (QBOE) is its response to the growing popularity of web-based and online accessible offerings. Available now for several years, QBOE has had slow, but steady, uptake. QBOE does some of the major things that businesses need. It's got full double-entry accounting, allowing for correct balance sheets, profit and loss statements and trial balances to be run from it. The starting point for QBOE is the home screen. Unlike other online accounting apps which try and depict a "dashboard view" is where their business is at, the QBOE home screen is more a process diagram, showing a workflow style diagram that allows the user to dive into different functional area of the accounting system. The Basic edition covers the bare essentials - accounts receivable, expense tracking and check printing, arguably quite limited functionality for $10 a month. The Plus version adds estimates and invoice customisations, time tracking, recurrent billing, budgeting and online billing to the mix.


2008. Accounting on the go: Quickbooks for iPhone and Blackberry



Quickbooks, one of the leading accounting packages for small businesses, has just released web interfaces for Blackberry and iPhone. The iPhone version, seen to the left, sports a very slick UI and allows easy, at-a-glance access to all of your financial information, entered into Quickbooks Online. At first glance, the web app provides a simplistic view of things. Features included are looking at who owes you, who you owe, vendors, employees, and bank accounts. Despite the initially simplistic look, as you drill down, you uncover a whole new level of detail. Even though this seems to be a killer app for referring to your financial information, I have to point out some points where they have missed the mark. First off, a standalone app, available through the App Store would have been nice for the iPhone, but it's not completely necessary. The largest oversight here is not being able to edit or add data. In my opinion, this would be one of the primary usage scenarios for this app. That said, this is version one of this app and we may see this sort of functionality being added at some point down the line.  If you are already a Quickbooks Online user, these new web interfaces for Blackberry and iPhone are nice perks. I'm not sure that the introduction of these apps would be the deciding factor in jumping to Quickbooks Online, but it might help the decision.