What's New in Zoho Books - July 2024

Hello users,

We are back with a bunch of new features and enhancements this month to make your accounting experience seamless. Keep reading to learn more about them.

Explore An Enhanced Reports Module

We've streamlined the Reports page to increase efficiency and accessibility. The new layout features a user-friendly list view, sidebar, and search options for effortless navigation. You can now enjoy a cleaner layout of the list page with simplified filters and a card-based design. You will also be able to customize and export your reports exactly as they appear on your screen.

Transaction Posting Date for Bills [India, Canada, and Global Editions]

Transaction posting date is the date on which the journal entry of your bill is posted. Note that the posting date should be greater than the bill date. If you are using the India edition of Zoho Books, you will be able to claim ITC for the items in the bill based on the posting date instead of the bill date.

To enable the Transaction Posting Date for your bills, go to Settings > Purchases > Bills. In the Field Customization tab, click the dropdown next to the Transaction Posting Date field and select Mark as Active.

Introducing the Free Plan [Germany Edition]

We have introduced the Free plan for users using the Germany edition of Zoho Books. This plan includes features like SKR standard of accounting, correction invoices, DATEV exports, VAT-compliant invoices, and more. Visit our pricing page to learn more about the features available in this plan.

Payment Form for Invoices [Mexico Edition]

In Mexico, a payment form is a mandatory field in e-invoicing used to specify how the transaction will be settled. Common payment forms include cash, credit card, and bank transfer. This field must be included in the invoice to meet the standards set by the Mexican tax authority (SAT).

To add a payment form in Zoho Books, go to Sales > Invoices. Create or edit an invoice, select PUE or PPD as the Payment Method, and choose the appropriate Payment Form.

Export Your Chart of Accounts in XML Format [Mexico Edition]

To comply with SAT (Servicio de Administración Tributaria) regulations from the Mexican government, we have enabled the Account Group Code field for your chart of accounts. You can enter the code provided by SAT and export your accounts in XML format for electronic accounting.

To enter the Account Group Code for an account, go to Accountant > Chart of Accounts. Create or edit an account and enter its Account Group Code or select it from the dropdown.

Other Feature Enhancements

Estimates to Quotes Migration

You can now migrate "Estimates" to the term "Quotes" as it accurately reflects the module's function of offering fixed pricing for items and sending legally binding documents. Only the module's name, "Estimates", will change to "Quotes", and the actions such as creating, sending, and managing your estimates will remain the same. Once you've made this change, all the new templates will be named "Quote", and you can edit the existing estimate templates to reflect the same.

Enhanced Keyboard Shortcuts

We have made some improvements to the shortcut feature in Zoho Books, with an enhanced interface so you can customize your shortcut keys, disable preferred shortcuts, and reset any edited keys to their original settings. Note that the customizations made to your keyboard shortcuts will not be applicable for other users in your organization.

Quick Create Menu for Custom Modules

We have now included the Custom Modules group in the Quick Create menu on the top band so you can create records in your custom modules from any page in Zoho Books directly.

To create a new record for a custom module, click the Quick Create icon on the top band. In the Custom Modules group, click the Add icon next to the custom module you want to create a record for. This will redirect you to the respective creation page where you can enter and save the details of the new record.

Overwrite Imported Data Based on Custom Fields

You can now overwrite imported file details based on custom fields created for the corresponding module. This option is available when you import items, customers, vendors, or custom modules.

That's it from us for this month's product updates! We hope the latest enhancements are helpful for your business. You can also visit the What's New timeline for byte-sized information about our previous feature updates and enhancements.

We'll catch you in next month's product updates. Until then, if you require any assistance or need clarifications, feel free to write to us at support@zohobooks.com, we'd be happy to help!

Best regards,

The Zoho Books Team