Businesses often have to deal with accounting challenges and, to deal efficiently with this; they need simple GST ready accounting software. One such accounting software is Zoho Book. It is online accounting software that provides businesses complete visibility of their finances and helps them to manage the money moving in and out of their business. Now employees do not need to be an accountant to manage accounts of the organizations and to make informed financial decisions, as Zoho Book will prove extremely beneficial.
Companies today are growing their business by deploying automation rules with accounting services. To stay ahead in the competition, it is essential for businesses to keep track of their finances. Businesses have well realized that staying informed with the new technological advancements is vital and by using automated accounting software like Zoho Book, they can efficiently manage all their accounting tasks. Zoho Book helps in the following manner in the accounting process:
- Zoho’s book automates boring accounting tasks, thereby allowing accounting professionals to focus on vital financial tasks.
- Workflow rules can be set for recurring invoices, recurring payments, and recurring bills.
- Payment and other reminders can be set to reduce the follow-ups stress
- The use of artificial intelligence helps to reach accuracy levels and reduce manual errors and interventions.
- A business using AI for accounting and financial reports has accurate results.
Features of Zoho Book
Zoho Books is GST ready and cloud-based accounting software that helps in managing all accounting tasks and activities with automation. Some of the highlighting features of the Zoho Books GST ready accounting software are:
Have Clear Pictures of Fund – Businesses now have a clear picture of the money that is being generated by them. Right from managing their customers to invoicing them, businesses with ZOHO Book can automate recurring invoices, and set reminders for payment and get paid faster with online payment gateways.
Manage Expenses – Businesses using Zoho Book can efficiently manage and control their expenses and cash outflow. Businesses can record invoices and purchase commitments, services, and even reimburse expenses. Businesses can keep track of the outstanding balances with each of their vendors and make every payment on time.
Real-Time Collaboration – Businesses with Zoho Book can share accounting tasks to anyone in their organization, but set different permissions for themselves and their employees. Businesses can seek professional help with their accounting team by easily sharing their books with their accountant or financial adviser.
Global Transactions – Businesses can transact globally with the multi-currency capabilities of Zoho Book. Businesses can record foreign currency invoices and expenses. Furthermore, Zoho Book always stays with the businesses, and they are just one click away for carrying out any type of financial activity, regardless of the position.