#14 Zoho Books Digest

#14 Zoho Books Digest

Hello readers,
 
Hope you're having an awesome day!
We're back with the 14th edition of Zoho Books Digest. Here's what we have in store for the community this month.
 
Upcoming Events
 
Zoho Books Roadshow (India)
 
Hurray! The Zoho Books Roadshow is coming to different cities across India in June and July. Get a wonderful opportunity to meet and greet our product experts, gain insights from industry influencers, network with peers, and listen to various customer use cases and success stories.
 
 
 Zoholics 2022
 
Meet hundreds of Zoho customers, local partners, and Zoho experts at Zoholics, our annual user conference. Discover why thousands of businesses around the world are saying "yes" to Zoho. Join us in a fun, innovative environment to see how our products can make your business more profitable.
 

Feature Spotlight
 

In this edition of Digest, we are highlighting the Advanced Tax Automation with Tax Rules feature of Zoho Books.

 

Say, Kiara runs a software company that is based out of Kenya and she deals with customers from all over the world. While managing customers world-wide, handling taxes and staying tax compliant becomes very essential. To solve this challenge, Zoho Books has introduced the Advanced Tax Automation with Tax Rules feature.

 

Instead of assigning a tax rate every time she creates a transaction, Kiara can now automate this process by creating tax rules. These rules will automatically apply the tax rates whenever she creates a transaction.

 

To enable Advanced Tax Automation for your organization:

  • Go to Settings > Taxes > Tax Settings.
  • Mark the checkbox: Enable Advanced Tax Automation to manage location-specific tax rates and automate tax applied on transactions.

 

Note: This feature is available only for select plans in the Global Edition of Zoho Books. Check the pricing page to see if it is available in your current plan.

 

 
What's New
 
KeyPay Integration [Editions: Australia & UK]
 
Now you can integrate your KeyPay account with Zoho Books to facilitate easy and seamless payroll accounting. With this integration, you can keep track of your earnings, taxes, allowances, and reimbursements in the respective journals of Zoho Books.
 
To set up the integration:
  • Go to your KeyPay account > Business > Payroll Settings > Integrations 
  • Click Add in the Zoho Books card 
Learn more about the KeyPay integration.
 
Also, follow the What's New portal of our Zoho Books community to stay up to date on all our latest features.
 
Accounting Reads
 
Auditing is done to ascertain if your financial statements are in sync with the real financial position of your business. This is crucial as it helps to keep your books up-to-date, maintain compliance, prevent fraud, and assess and mitigate risks. Read our essential business guide on "What is an Audit?" to know the importance, types, and benefits of auditing.
 
In case you missed it
 
On June 1, 2022, our CEO and Co-Founder, Sridhar Vembu, addressed the global economic conditions, its impact on businesses, the importance of financial prudence, and how businesses should prepare themselves during these times. Just in case you missed the session, check out the recording here.
 
Customer​ Corner
 
We are thrilled to share the success story of Wise Monkeys Production LLC, a UAE-based corporate photography company. Mr. Shiji Ulleri, the Commercial Photographer & Producer of the company, testifies to how Zoho Books helps him have control over his business, so that he can save time to focus on creative content.
 

We're eager to hear and share more stories about businesses using Zoho Books. If you would like to share your story with us, let us know in the comments and we will get in touch with you!
 
Feel free to follow us on LinkedIn, Twitter, and Instagram, subscribe to our YouTube Channel, and turn on your notifications to stay up to date on what we're doing.
 
Until next time!
 
Cheers,
Saranya GaneshMurthy
Customer Relations | Zoho Books
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