Its Elite plan is $120 per organization per month, and includes forecasting and multi-currency handling. The Premium plan is $60 per organization per month (billed annually) and comes with a custom domain, vendor portal, budgeting and validation rules. Its Professional plan costs $40 per organization per month (billed annually), and includes bills, vendor credits, purchase approval, stock tracking and price lists. Its Standard plan comes with even more support options, custom fields, reporting tags and bulk updates for $15 per organization per month, billed annually. It gives one user access, enabling them to manage clients and invoices, create recurring invoices, import bank and credit card statements, and track expenses and mileage. If you have less than $50,000 per year in revenue, you can sign up for the Zoho Books Free plan. The software also offers advanced features such as project accounting and time tracking. This gives you a real-time view of your finances. You can connect your bank account, payment processor, e-commerce platform and more to Zoho Books.

Where Zoho Books shines is its integrations. Zoho Books meets all your basic needs: send invoices, reconcile accounts, track expenses and generate reports. It’s one of the most comprehensive accounting software on the market. If you’re a fan of Zoho apps, then you’ll be a fan of Zoho Books. All ratings are determined solely by our editorial team. Our ratings consider factors such as transparent pricing, variety of features, availability of support and customer ratings. We analyzed 13 providers across 20 metrics to rank the best accounting software for small businesses. We use product data, strategic methodologies and expert insights to inform all of our content to guide you in making the best decisions for your business journey. The Forbes Advisor Small Business team is committed to bringing you unbiased rankings and information with full editorial independence. Why You Can Trust Forbes Advisor Small Business To help, we’ve narrowed in on the best options for a wide variety of small businesses.

However, with so many options on the market today, choosing the right solution can be a challenge. For many small businesses, software is the more affordable alternative to hiring an accountant or a large firm to manage their accounting, tax prep and payroll. Accounting software helps small business owners easily track their financial accounts, income and expenses, prep for tax season and keep tabs on financials.

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