Xero vs Zoho Books


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Xero
Xero is accounting software for small business. Like alternatives, Xero allows to manage invoicing, reconciliation, accounts payable, bookkeeping and more. Share access to your latest business numbers with your team & your accountant – so everyone is up to speed. Xero accounting software lets you work anywhere.
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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.

Latest news about Xero and Zoho Books:



01.05.17. PayPal launched small biz toolset Business in a Box. PayPal launched a new service called Business in Box, aimed at bringing more U.S. small business owners to its payments platform. The service, which was developed in partnership with WooCommerce and Xero, offers merchants a suite of tools for running their online businesses, including an online storefront, accounting tools, the ability to apply for working capital from PayPal, and of course, support for taking payments either online or offline, via PayPal. Business in a Box is largely aimed at first-time business owners who already know what they want to sell and have a roadmap in mind, as well as at established offline businesses that want to make the move online.



11.01.17. 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.



25.02.15. Cloud accounting service Xero raises $111M. New Zealand-based online accounting software firm Xero has raised a $110.8 million round of capital to grow its business in the North American market. Prior to today, Xero had raised over $240 million from investors. Xero provides online accounting software for small/medium businesses and accountants. While many small businesses were still using rudimentary accounting systems or even Excel spreadsheets, Xero knew the future was in the cloud. By giving small businesses, accountants and bookkeepers a way to do accounting online and from mobile, has revolutionized how they work.



20.01.15. Xero launches cloud payroll service in US. Cloud accounting startup Xero announceding a new product that will extend it further into the back-office by offering up cloud-based payroll and tax software. Xero Payroll was designed to target the more than 5 million small businesses in the U.S. that have fewer than 20 employees. For those employers, many of which outsource it to third-party providers, payroll can end up being a significant expense, between $200 and $500 per month. In addition to the cost of outsourcing, there is also the potential for human error and fines based on incomplete or incorrect information. The product provide SMBs with the same type of cloud-based platform that it’s created for accounting, but make it available to help employees get paid and electronically file state and federal payroll taxes.



27.09.14. Zoho Books 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.



04.06.14. 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.


2013. Xero Launches New Features and Plans for a Payroll Solution. Xero, the cloud-based accounting solution for small business, has added a collection of new features. They include Xero Touch - a new version of its Apple mobile operating system recently updated for iOS7. It allows users to check bank transactions, invoice, check with an accountant and more directly from a smartphone. Xero Files is a new drag and drop application. It lets you add invoices, transactions, expense receipts, fixed assets, contracts and just about any other kind of files into Xero. You can then attach them to related files and documents making them easy to find, the company says. Xero Purchase Orders now allows you to put together purchase orders for your business in the same way you can already put together invoices on Xero. Pricing starts at $19 per month for small businesses depending on the number of invoices and payments being processed.


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.