Zoho Books says Hello to the UK

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When we say Zoho Books is truly built for UK businesses, we aren’t kiddin’ mate!

We’re not talking mere language here. We know you favour your ’S’ over your ‘Z’, and you’ll rather organise than be organized. We’re talking about full-blown accounting software that truly understands the accounting needs of small businesses in the United Kingdom and helps business owners file their VAT returns with ease. Our UK customers can now sign up and experience the many benefits and customisations of Zoho Books UK Edition.

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While the rules of credit and debit are the same worldwide, it’s the tax laws, regulatory requirements and government policies that vary across countries. The UK edition of Zoho Books is a time-saver for business owners who previously had to rely on tedious and error-prone manual work to access and report VAT and reclaim it from HMRC. Read more

Go Paperless with Zoho Books and Entryless

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Sifting through hundreds of emails in your inbox to find due bills is downright painful. More tedious is to have to manually type all that bill information back into your accounting system. Automating accounts payable processes has been the prerogative of larger businesses. Not any more. If you’re a small business dealing with more than 50 bills a month, it’s time you consider an effortless way to streamline your AP tasks.

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Entryless, a leading accounts payable service, is now integrated with Zoho Books. Your suppliers can now email bills in any format—PDFPNGJPEG or even paper—to a personalized email address, hosted by Entryless. They will get automatically processed, categorized, and synced into your Zoho Books account, upon your approvals.

So how does this integration benefit your business? Read more

Zoho Books now supports Square Register

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Ever since Square replaced the clunky traditional POS with its simple and sophisticated app,small businesses have been able to sell and monitor their sales, from anywhere. Square offers small businesses a flexible and straightforward medium to accept credit card payments sans the complexity of hidden fees and surprise costs.

Today, we’re happy to announce that Zoho Books now seamlessly integrates with Square. All sales in your Square Register will be automatically captured and consolidated in Zoho Books on a daily basis. With the advanced banking feature in Zoho Books, users can reconcile these transactions instantly to save even more time.

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Take a look at everything the integration has to offer. Read more

Zoho Books integrates with Avalara: Automates sales tax calculation!

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Why is calculating the right
sales tax crucial? First, you may be subject to penalties for collecting and reporting incorrect sales tax. Secondly, inaccurate financials makes your business susceptible to audit. You learn a few tax rates and believe you are doing the calculation properly. Just when you think you’ve got the hang of it, state and local government agencies change rates, AGAIN! Talk about frustration.

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T
here are more than 10,000 taxing jurisdictions in the U.S. It is literally impossible to remember all the respective tax rates, not to mention keeping up with the constant rate changes. Shouldn’t there be a simple way to precisely determine the tax rate for any region in seconds? Well, Avalara AvaTax is a tool that does just that. Read more

New in the App Store: Zoho Books for iPad

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When you say cloud, the first thing that we want you to think of is anytime, anywhere access.  But having said that, a product is never truly on the ‘Cloud’ until it is easily accessible
anytime, anywhere, on any device.

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In an effort to make Zoho Books a complete ‘Cloud’ accounting software app, we’re making a major announcement today. We’re pleased to announce the availability of our new Zoho Books iPad app.This native app is perfectly optimized for your iPad, iPad Air and iPad Mini.

  Read more

Customer Spotlight: A Little Piece Of Marketing goes a long way!

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Most small businesses today do not have the huge budget for promoting their businesses. They cannot afford a dedicated team for marketing or branding when they have to be focused on supporting their current business. That’s when a firm like Alpom Designs comes to the rescue.

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Marjorie Yarrow is the CEO and founder of Alpom Designs, a marketing and graphics designs firm dedicated to helping small businesses get noticed. Alpom Designs helps small businesses with their branding, marketing, graphics design and web development.

 

 Throughout her professional career, Marjorie has always preferred having a unique identity for her work. She believes that working with small businesses provides invaluable experience and makes a difference in the clients’ growth.

 

When she started Alpom Designs, Marjorie needed a complete accounting software for her business. As a freelancer, Marjorie had used Zoho Invoice to invoice her clients. When she started Alpom Designs, it was only natural for her to switch to Zoho’s online accounting software, Zoho Books, to manage her business finance.

 

“Zoho Invoice is a wonderful software application and it was so easy for me to switch to

Zoho Books which had the same interface. A few of my friends were like – Choose QuickBooks, Try QuickBooks, but I felt like I needed more options and I really didn’t want to follow the herd. So that’s when I decided to go with Zoho Books.” she exclaimed.

 

While Alpom Designs helps businesses with marketing and branding, Zoho Books helps manage Alpom Design’s business finance.

 

Read more about Marjorie’s story for useful lessons for budding entrepreneurs.

Introducing Inventory in Zoho Books: Stock Management made easy.

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Yes, it is finally here. We’re excited to announce that inventory management will now be available in Zoho Books. Are you wondering why we’ve brought in inventory management in an accounting software?

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For traders and product based companies who have stock constantly moving in and out, stock control can be just as crucial as managing finance. Often, they use two separate systems to manage these functions. Something like inventory control cannot be an app glued to your accounting software or an add-on. It should be a part of your books in real-time and stock movements should update instantly.

 

Coming to the inventory function itself, today, most businesses feel the heat trying to get a proper control over their stock. If managing inbound goods and billing for them is hard, tracking the outgoing goods and invoicing for them can be much harder. Apart from these, there is also the difficult task of inventory valuation and adjustment.

 

Zoho Books has addressed all these pain points with the new inventory feature. Here are some of the major issues that we’ve solved:

 

Tracking Inventory

 

We have linked up inventory to all the major modules so that you can manage it end-to-end. Right from purchase orders & bills to sales orders & invoices, we’ve got it all covered. Simply enable inventory tracking and everything else is automated.

 

Inventory Adjustments

 

The biggest pain for retailers would be making inventory adjustments. Always keep an eye out for damaged goods, difference in stock levels on recount, and a lot of other such situations that demand changing the inventory count in your books. Zoho Books lets you make positive and negative inventory adjustments, anytime. Capture it with all necessary details.

 

Efficient Reordering

 

The last thing you would want is stock unavailability when there is so much demand for your products. Set reorder levels and preferred vendors for your products in Zoho Books. If the items touch the reorder point, the system automatically triggers a notification asking you to refill the stock.

 

Accurate Inventory Valuation

 

Businesses struggle during tax payment as a result of improper accounting of their stock. Every product in your inventory has an asset value that can make a difference in your books. With Zoho Books, each and every product in your inventory is automatically accounted for as they come in and are being sold.

Zoho Books uses FIFO method of stock evaluation. It is the most accurate and the most recommended method for businesses. It covers all the costs associated with the sale of the goods and improves the accuracy of your profit reporting.

 

Knowing Your Inventory

 

At the end of the day, you are not doing good business if you do not know the status and value of your inventory. Zoho Books generates reports based on stock movement, availability and asset value of individual items. A comprehensive report called ‘FIFO cost lot tracking’ is also available, that accurately traces the incoming and outgoing path of goods ordered and sold in the business.

 

So there you have it, your ideal inventory and accounting combo. From now on, you don’t have to spend on 2 separate software for inventory and accounting. Enable inventory, use it and let us know what you think.