What's New this May 2020 in Zoho Books.

What's New this May 2020 in Zoho Books.

Hello Users!

 The COVID-19 pandemic has affected every aspect of life and has made it a challenge for many to run their businesses smoothly. To help such businesses in need, we came up with a few relief initiatives. At Zoho, as many of you already know, we are working Working remotely to ensure that our employees are safe and to provide you with uninterrupted service. We have been working constantly to enhance our product and to give you the best accounting experience. Here are the most important updates for this month:

Branches and Multiple GSTINs (Indian Edition)

The much-awaited Branches and Multiple GSTINs feature in Zoho Books is here.  You can create multiple GSTINs and associate them with multiple branches. 

Once enabled, you can:


  • Associate all your transactions with their relevant branches.

  • Generate reports for each branch.

  • Create a unique Transaction Series for each branch to differentiate their respective transactions. 

  • Import and export transactions within branches. 

  • Search transactions based on their branches. 


Note: This feature is available only for Premium users of Zoho Books and paid plan users of Zoho One and Finance Plus.


To enable: 
Go to Settings > Branches > Enable Branches


Transactions tab in the contextual item sidebar

We're now introducing a new Transactions tab in the contextual item sidebar where you can view the list of all the transactions created for the selected item. You can filter this tab based on the transaction type, transaction status, and the selected customer or vendor. This gives a clearer picture of the item's past price, who the item was sold to or purchased from, and when this transaction was made.

To view: 
Go to the module where you want to view item details. 
Go to Create or edit a transaction and add a new item.

Accountants, manage your clients with ease

If you are an accountant who has multiple clients using Zoho Books, you can now manage their organizations from one place. If you're an accountant for any one of the organizations, you will be able to see a list of all your clients' organizations and a list of pending tasks for each. You can also add new clients by creating an organization. Once you've added the client's details, an email invitation will be sent to the client's email address. The client will then be added as an Admin and you as an Accountant in that organization. If an existing organization must be added as a client organization, the admin of that organization can invite you by setting your role as Accountant.


Project Revenue Summary in Zoho Books

The Projects Revenue Summary in Zoho Books shows the revenue generated for each project. You can further analyze this data and see the list of individual transactions in the Project Revenue Summary report by clicking the amount.

To view: 
Go to Reports. 
Under Projects and Timesheets, click Projects Revenue Summary.

Mark digital signature as optional 

You can now mark the digital signature feature as optional for invoices and estimates. If this is enabled, the user can skip signing invoices or estimates when sending. This option is applicable when signing transactions using both the USB Dongle or the Zoho Sign Integration. 

To enable: 
Go to Settings > Preferences > Document settings. 
Click change and select Digital signature is optional for invoices.


Project Cost and Revenue budget

Zoho Books now supports the option to enter a Project Cost budget and a Project Revenue budget while creating projects. The project cost will be recorded in the base currency and the revenue will be reported in the customer's currency. You can view the project's actual cost and revenue vs. the budgeted cost and revenue in the project overview page under the profitability summary tab.

To add: 
Go to Time Tracking > Projects.
Create a new project, or select an existing project and enter the value in the cost and revenue fields.. 

Please give these features a try and let us know what you think. If you have any questions, feel free to write to us at support@zohobooks.com. We're here to help!

Shally Joseph
The Zoho Books Team

                        Zoho Marketing Automation

                                Manage your brands on social media

                                        Zoho TeamInbox Resources

                                          Zoho DataPrep Resources

                                            Zoho CRM Plus Resources

                                              Zoho Books Resources

                                                Zoho Subscriptions Resources

                                                  Zoho Desk Resources

                                                    Zoho Projects Resources

                                                      Zoho Sprints Resources

                                                        Qntrl Resources

                                                          Zoho Creator Resources

                                                            Zoho WorkDrive Resources

                                                              Zoho Campaigns Resources

                                                                Zoho CRM Resources

                                                                • CRM Community Learning Series

                                                                  CRM Community Learning Series

                                                                • Tips


                                                                • Functions


                                                                • Meetups


                                                                • Kbase


                                                                • Resources


                                                                • Digest


                                                                • CRM Marketplace

                                                                  CRM Marketplace

                                                                • MVP Corner

                                                                  MVP Corner

                                                                • Word of the Day

                                                                  Word of the Day

                                                                        Design. Discuss. Deliver.

                                                                        Create visually engaging stories with Zoho Show.

                                                                        Get Started Now