What's New in Zoho Books - November 2020

Hi users,

Cheers to overcoming another month in this pandemic together! As always, we are here with yet another set of updates to simplify accounting for you.

e-Invoicing (India)

Push your invoices, debit note or credit note to the IRP (Invoice Registration Portal) to generate the IRN (Invoice Reference Number) and QR code.

Once you create a transaction in Zoho Books, you can push it to the IRP by clicking the Push to IRP button. On pushing the invoice successfully, the status of the invoice will change to Pushed. You also have the option to push multiple transactions at once.

Likewise, you have the option to push recurring invoices automatically by going to Settings > Preferences > Recurring invoices and selecting the desired flow.

To enable e-Invoicing: Go to Settings > Preferences > e-Invoicing and enable the e-Invoicing in Zoho Books toggle.

New Reports: Payable summary and payable details reports

Two new reports have been introduced in the payables section. These reports also have customisation options such as group by, entity selection, filters, and show/hide columns.

Payable Summary report: This report gives a detailed view of all the purchase transactions (Bills, Vendor Credits and Expenses) created by a user.

To view this report: Go to Reports > Payables > Payable Summary.

Payment Details report: This report gives a view of line item details such as item name, item type, item description, price, quantity ordered etc., You also have the option to group the transactions using the Transaction ID, Item name and Reporting tags.

To view this report: Go to Reports > Payables > Payable Details.

Associate Tax Collected at Source with transactions (India)

We've introduced the option to enter the Tax Collected at Source(TCS) in the invoice and bills. You can create new TCS rates and associate it with the transaction.

Updates to the Zoho Books iOS app

With the new update (version 4.8.3) you can modify the widget's colour and icon, choose to view the app either in the dark or light mode and access the sales by sales person report.

Updates for organisations with Zoho Inventory

Enabled the Backorder option for all marketplaces.
PII associated with an order will be deleted 30 days from the date of fulfilment with compliance to the Amazon Data Protection Policy. (US, UK & Canada)

Do give these features a try and let us know what you think. Feel free to contact us if you have any questions at support@zohobooks.com.