Comparison between Zoho and QuickBooks
If you are looking for accounting software, you must have come across two major players - Zoho and QuickBooks. Both are popular and offer great features that can benefit small businesses. It can be challenging to choose between the two, but this comparison will help you weigh their strengths and weaknesses.
Overview
Zoho and QuickBooks offer cloud-based accounting solutions. QuickBooks is a more established platform with over 7.1 million users, while Zoho has more than 50 million. Both platforms offer scalable solutions for small business owners and accountants.
Features
Zoho
Zoho offers a complete suite of business solutions and can integrate with other Zoho products. It offers core accounting features like accounts payable and receivable, invoicing, financial reporting, and bank reconciliation. It also offers:
- Inventory management
- Project management
- Time tracking
- Expense tracking
- Purchase order management
- Multicurrency support
- Customer relationship management (CRM)
QuickBooks
QuickBooks provides core accounting features like invoicing, accounts payable and receivable, bank reconciliation, and financial reporting. It also offers:
- Payroll processing
- Inventory management
- Tax preparation and e-filing
- Merchant services
- Time tracking
- Customizable reports
- Integration with third-party apps
Pricing
Both Zoho and QuickBooks offer tiered pricing plans depending on the features and number of users required.
- Zoho: Zoho offers four pricing plans – Basic ($14/month), Standard ($23/month), Professional ($37/month) and Enterprise ($57/month). The plans include feature sets like users, modules, and functions.
- QuickBooks: QuickBooks offers four pricing plans – Simple Start ($12/month), Essentials ($20/month), Plus ($35/month), and Advanced ($75/month). The pricing plans include additional features as the pricing goes up.
Customer support
Both platforms provide extensive customer support options, including customer service helplines, online community forums, and email support. Zoho, however, provides 24/7 customer support, while QuickBooks provides support from Monday to Friday, 6:00 AM to 6:00 PM Pacific Time.
Ease of use
Zoho and QuickBooks are easy to use and have intuitive interfaces. Zoho is a more user-friendly platform, providing users with simple navigation tools and fewer ads. In contrast, QuickBooks has a more complex interface, with a steeper learning curve for novice users.
Conclusion
Both Zoho and QuickBooks are solid cloud-based accounting platforms that cater to small businesses. Zoho is an affordable option, with features like multi-currency support, project management, and time tracking included in all plans. At the same time, QuickBooks is a more established brand, with features like payroll processing and e-filing tax returns.
When choosing between the two platforms, consider your accounting needs and the features that best align with those needs.