1. Invoicing

Zoho Books 

Companies can save a lot of time and effort by using Zoho Books to automate sending recurring invoices to clients. Invoices for retainers are also supported on the platform. All PDF invoices sent through Zoho Booksare encrypted, making them much harder to hack. Zoho Books is favored by small businesses because, unlike QuickBooks, its free plan allows them to submit upto 1,000 invoices every year without paying a dime.  

QuickBooks

In addition to helping businesses efficiently create and send invoices to customers, QuickBooks has several other useful functions. The software facilitates the generation of polished invoices for dissemination via multiple channels like email and SMS. 

Invoices created in both QuickBooks and Zoho Books caninclude payment gateway and bank transfer links. Customers appreciate this function since they are relieved of contacting businesses to arrangepayment. 

2. Reporting

Both QuickBooks Online and Zoho Books offer extensive reporting capabilities. Both have more features than other competing accounting software, although QuickBooks offers 80+ reports, while Zoho Books offers 50+reports.

While Zoho Books has qualitative reports and a connectionwith Zoho Analytics for advanced reporting, QuickBooks fails to provide Advanced analytical custom reports.

3. User interface

Both Zoho Books and QuickBooks have intuitive interfaces that make it simple to use the software. Their dashboards show key metrics likecash flow, profit loss, expenses, and more. Zoho Books and QuickBooks are almost comparable in terms of interface and usability. However, Zoho Books' dashboard is preferable to users because of its clarity, simplicity, and the way its data is organized.

Note: Zoho Books is completely based on cloud services. While QuickBooks has both versions, QuickBooks Online and QuickBooks Desktop.

4. Customer Support

Users may rest easy knowing that both Zoho Books and QuickBooks provide first-rate assistance when they need it. The two accounting software programs offer customer service via phone, live chat, and email. The platforms also have frequently asked questions (FAQ) sites where users can get answers to their questions. In contrast to QuickBooks, Zoho Books also provides daily live webinars where registered people can resolve their queries.

5. Security 

You don't have to worry about your safekeeping while using both the software, but if you have to nit-pick one, QuickBooks Online is aDigiCert secured product with secure sockets layer (SSL) Certificate Authority.While Zoho Books offers the same, it has more stringent measures for datasecurity with control of Access. So, one would say that Zoho Books has theupper hand. Moreover, both platforms offer two-factor authentication and IP restrictions.

6. Training

After making a purchase, a company must provide sufficient training to the customer. Training is available for both Zoho Books and QuickBooks through several different mediums. Users of either app can access various educational resources, including video guides, webinars, live online classes, and written guides, to help them get up and running. In addition, unlike QuickBooks, consumers can get in-person training using Zoho Books.

7. Integrations

Regarding integration, QuickBooks has you covered with awide variety of in-house and external apps that you can download from theQuickBooks app store. QuickBooks allows users to extend the platform's functionality by connecting third-party applications. Zoho Books, on the otherhand, natively integrates with other Zoho Apps (from CRM, marketing, reporting - analytics, customer support, timesheets with Projects). If a business already uses other Zoho products, such as Zoho Workplace, Zoho CRM Plus, Zoho People Plus, and many more, then Zoho Books is a fantastic solution for them as you have a perfect ecosystem instead of relying on third-party apps.

Additionally, in Zoho Books, you can Upload Receipts through Mobile through a connection to Zoho Expense. This is where the OCR reader scansand auto-populates the fields and creates an expense in Zoho Books as well as Zoho Expenses. At the same time, you need to purchase a third-party app and integrate it with QuickBooks. 

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8. Multiple device support

Mobile apps for web-based services are becomingindispensable for making them widely available. Both Zoho Books and QuickBookshave dedicated apps for usage on mobile devices. When compared to theQuickBooks mobile app, Zoho Books is superior because it supports Windows tablets and in addition to Android and iOS, while QuickBooks supports only Microsoft Surface Pro.

9. Pricing

Zoho Books

There are both monthly and yearly membership plans for ZohoBooks. By selecting annual plans, users can save more money. There are six types of Zoho Books subscriptions: Free, Standard,Professional, Premium, Elite, and Ultimate. All Zoho Books subscription plans include tools like the client portal, recurring invoices, and automatic payment reminders. Monthly subscriptions start at $15 per month and go up to $290 permonth billed annually. Zoho Books also has a free plan that doesn't have as many features but is a good-to-have plan for trial. The application comes witha 14-day trial time so that users can get used to it. 

QuickBooks

Four monthly subscription programs are available forQuickBooks: EasyStart, Essential, Plus, and Advanced. The plans start from $24per month to $140 per month. The most expensive plan includes extra features such as inventory tracking and project profitability monitoring. QuickBooks, like Zoho Books, offers standard features such as support for multiple bank accounts and automated transaction categorization for all subscription plans. QuickBooks provides a 30-day trial period for users to familiarise themselves with the platform prior to making a purchase. 

With different pricing options, organizations can havehigher flexibility and tailor their needs. So, with regard to the versatility of the pricing plans, Zoho Books takes the cake.

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10. Payroll

QuickBooks

In addition to subscription fees, QuickBooks offers payroll management features that help businesses effectively manage their employees. With this feature, companies can calculate employee salaries, deductions, and taxes, among other things.

Zoho books

There is currently no out-of-the-box option for managing payroll with Zoho Books. Integrations with services like Zoho Payroll and SurePayroll are available for use with Zoho Books. 

Note: Zoho Payroll does not have Canadian tax lawsincorporated in the Canadian edition. 

Conclusion

Zoho Books and QuickBooks are robust accounting tools that, to a certain extent, offer the same functions. Any of the software packages will allow businesses to perform their accounting functions efficiently. ZohoBooks is a natural fit if your company uses or plans to use other Zoho platforms.

QuickBooks is the superior option for businesses that need robust accounting software that can be easily integrated with a wide variety of external applications. For managing and controlling the core accounting, both QuickBooks and Zoho Books are considered to be apt.

It's important to make informed decisions and select software that aligns with your business needs and serves as a useful feature.

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