Akaunting is an online accounting software that enables the user to track income and expenses, from the company of the same name in Istanbul. The company offers a free version of its product.
$12
per month
Zoho Books
Score 9.2 out of 10
N/A
Zoho Books is an accounting solution that is designed to help small businesses manage their finances. This solution includes dashboards and a wide variety of reports. Business users can automate tasks and set up custom workflows.
Zoho offers a 14 day free trial.
$20
per month
Pricing
Akaunting
Zoho Books
Editions & Modules
Standard Cloud
$12
per month
Premium Cloud
$36
per month
Elite Cloud
$84
per month
Ultimate Cloud
$218
per month
Free
$0
For businesses with turnover <50K USD per annum
Standard
$20
per month per org
Professional
$50
per month per org
Premium
$70
per month per org
Offerings
Pricing Offerings
Akaunting
Zoho Books
Free Trial
Yes
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Discounts available for annual pricing.
Zoho Books is available for both monthly and yearly plans. Users who sign up for the annual plan get a discount.
More Pricing Information
Community Pulse
Akaunting
Zoho Books
Features
Akaunting
Zoho Books
Security
Comparison of Security features of Product A and Product B
Akaunting
7.0
1 Ratings
16% below category average
Zoho Books
8.7
28 Ratings
6% above category average
Role-based user permissions
7.01 Ratings
8.926 Ratings
Single sign-on capability
00 Ratings
8.622 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Akaunting
8.3
1 Ratings
6% above category average
Zoho Books
8.9
27 Ratings
13% above category average
Dashboards
9.01 Ratings
8.627 Ratings
Standard reports
7.01 Ratings
9.025 Ratings
Custom reports
9.01 Ratings
9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Akaunting
6.0
1 Ratings
24% below category average
Zoho Books
8.1
28 Ratings
6% above category average
Accounts payable
3.01 Ratings
8.326 Ratings
Accounts receivable
5.01 Ratings
9.027 Ratings
Multi-currency support
9.01 Ratings
8.417 Ratings
Self-service portal
5.01 Ratings
8.519 Ratings
Localizations
8.01 Ratings
00 Ratings
Cash management
00 Ratings
7.525 Ratings
Bank reconciliation
00 Ratings
7.425 Ratings
Expense management
00 Ratings
8.026 Ratings
Time tracking
00 Ratings
8.218 Ratings
Regulations compliance
00 Ratings
7.815 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Akaunting
8.5
1 Ratings
11% above category average
Zoho Books
8.7
25 Ratings
13% above category average
Pricing
9.01 Ratings
8.421 Ratings
Order entry
8.01 Ratings
9.320 Ratings
Credit card processing
8.01 Ratings
8.120 Ratings
Cost of goods sold
9.01 Ratings
9.120 Ratings
Customization
Comparison of Customization features of Product A and Product B
Akaunting
10.0
1 Ratings
26% above category average
Zoho Books
8.1
18 Ratings
5% above category average
Plug-ins
10.01 Ratings
00 Ratings
API for custom integration
00 Ratings
8.118 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
If anyone is searching for cloud-based Accounting software and have never used any accounting software before, then Akaunting is perfect for them. They can easily use it which will help me a lot. It has a beautiful UI and a simple one which makes it easy to use for everyone. A small business and a starting business are a good fit for this software.
If using other cloud applications and you wish to create Zoho Books transactions via APIs, Zoho Books is great. The overall UI and flow of the application are great. If you need a detailed job cost accounting solution and robust reporting there is some room for improvement here.
Zoho Books invoicing and receipting features are second to none. We find it easy to quickly invoice clients and add items to their bills and also for our own receipting internally.
The accounting features are great for our accounting team to be able to see where we are financially and how the business is doing.
The ability to add contacts and run a mini CRM channel with clients within Zoho is invaluable. Since we use this in conjunction with our other CRM channels, it helps to have a centralized place to follow up and see through a sales funnel.
Zoho Books allows us to take payments from clients around the globe a feature we didn't have when we used another accounting system.
The pricing for Zoho Books is fairly reasonable for an SME organization which is a great for us as it pays itself back many times over every month.
Zoho Books is only available in Texas and California. There is no integration allowed for paying employee expenses. The absolute worst aspect is the fact that if you make even the slightest error in data input there is no backing up. You cannot undo an error.
The system does not allow change once implemented, so you must get every one of your beginning balances perfect. The practice of Journal Entries is cumbersome. When reconciling, Zoho Books has adopted a number of required steps that significantly overcomplicate reconciliation using practices that are not consistent with general accounting principles in the US.
On the customer side, you must look in two places to see the beginning balance and the current receivables that might exist for current invoicing.
The way the system works, you must avoid having much trust with the balances depicted. So far, it appears that Zoho Books uses what we called in school "that new math."
It would be terrifying to rely on this bookkeeping system to support an IRS Audit. The system violates too many fundamental accounting principles.
The software is used by so few people that there is concern that we might never find a skilled bookkeeper.
Because I loved this software and I want others to know about it too, it will surely help many others who are searching for simple accounting software like I was searching some time ago.
Customization is the biggest struggle for us and most of the time we need to involve a tech person. The chat support is a great feature and very helpful. It would be great to be able to customize and create invoices and correspondence (templates) such are reminders in multiple languages within one organization. The currency (USD) would be the same. We have clients in different countries that don't speak English but pay in USD.
The support team feels very disjointed. We have filtered through a number of "lead" contacts and are frequently spammed by other Zoho members. Once getting an appropriate support contact on the phone - the team is very helpful, it just takes a lot of hoop jumping to get there. We actually unsubscribed from their support package as we were not getting the value we were looking for.
It is very easy to use and get started with. It can be installed into my own hosting easily and is open source too which means I can add more features myself if I know programming.
We had a lot of problems with Exact Online, support-wise and price-wise. So Zoho Books wins on every point there. While Exact offers way more options, it tends to be really slow... and complex. Again Zoho Books wins. If you want an easy-to-use tool and not pay a lot of money, or if you are a small administration office with a few clients, this tool will be perfect for you.
Integration: Zoho Books offers out of the box integrations to extend the functionality and connect with the applications you love like MailChimp, Microsoft Outlook, PandaDoc, and Quickbooks, etc.
Flexibility makes Zoho Books great!
Since I can use forecast reports, I can create customizable sales forecast data from the dashboard to accurately measure revenue forecasts and establish sales quotas.