Is Freshbooks better than Zoho Books?

While Freshbooks offers customized features, Zoho Books has diverse modules. Select between Freshbooks or Zoho Books as per your business needs.

Are Freshbooks and Zoho Books same?

Both these products offer similar features but with a different approach. While Freshbooks emphasizes on user experiences, Zoho Books focuses on functionalities.

Which is better Freshbooks or Zoho Books?

It all depends on the functionalities that you prefer. While Freshbooks offers add-ons along with essential features, Zoho Books emphasizes on customization.

Is Freshbooks the same as Zoho Books?

No, the difference between Freshbooks and Zoho Books lies in terms of features and functionalities. While Freshbooks can be customized as per the user’s needs, Zoho Books addresses the diverse audience.

Can Freshbooks replace Zoho Books?

It depends upon your business requirement. Both Freshbooks and Zoho Books provides standard features to cater diverse industry needs.

What is the difference between Freshbooks and Zoho Books?

The difference lies in terms of the user interface and functionalities. While Freshbooks is customizable, Freshbooks offers comprehensive modules.

Compare Freshbooks VS Zoho Books

Features

Core Functionalities

General Ledger
Bookkeeping Capabilities
Accounts Receivable
Tax Management
Payroll Management
Time & Expenses Management
Asset Management
Bank Reconciliation
Bank Settlement
Accounts Payable
Fund Accounting
Multi Currency Support
Cost Centres
Fixed Asset Register (FAR) Management
Trial Balance Preparation
Gst Report Preparations
Return Filings
Tds Report Generations
GST Input Reconciliations
Variant Analysis
Alerts & Notifications
Batch Management
Branch Management
Broker Management
Claims Management
Collection Management
Credit / Debit Note
Document Management
Quotation & Estimates
Sales Management
Statutory Compliances
Transaction Management
Receipt Management

General Ledger
Bookkeeping Capabilities
Accounts Receivable
Tax Management
Payroll Management
Time & Expenses Management
Asset Management
Bank Reconciliation
Bank Settlement
Accounts Payable
Fund Accounting
Multi Currency Support
Cost Centres
Fixed Asset Register (FAR) Management
Trial Balance Preparation
Gst Report Preparations
Return Filings
Tds Report Generations
GST Input Reconciliations
Variant Analysis
Alerts & Notifications
Batch Management
Branch Management
Broker Management
Claims Management
Collection Management
Credit / Debit Note
Document Management
Quotation & Estimates
Sales Management
Statutory Compliances
Transaction Management
Receipt Management

Administrative Features

Ledger Scrutiny
Admin Controls
Backup & Restore
Facility Management
Self Service Portal
User Access Management

Ledger Scrutiny
Admin Controls
Backup & Restore
Facility Management
Self Service Portal
User Access Management

Integrations Supported

Import / Export Management

Import / Export Management

Financial Management

Budgeting & Forecasting
Revenue Management
Fund Accounting
Cash Flow Management
Fund Planning
Net Worth Management
Cash and Bank Management
Financial Planning & Analysis

Budgeting & Forecasting
Revenue Management
Fund Accounting
Cash Flow Management
Fund Planning
Net Worth Management
Cash and Bank Management
Financial Planning & Analysis

Analytics and Reporting

Profit & Loss
Financial Accounting and Reporting
Gross Profit
Ratio Analysis
Net Profit Management
Audit Management
Financial Statement Generation & Analysis
Profit Centers

Profit & Loss
Financial Accounting and Reporting
Gross Profit
Ratio Analysis
Net Profit Management
Audit Management
Financial Statement Generation & Analysis
Profit Centers

Sales and CRM

CRM Capabilities
Customer Management
Loyalty Program
Order Management
Quotation & Estimates
Sales Management

CRM Capabilities
Customer Management
Loyalty Program
Order Management
Quotation & Estimates
Sales Management

Inventory and Supply Chain Management

Inventory Management
Inventory Reconciliation
Barcode Scanning
Delivery Management
Distribution Management
Item Master
Product Management
Stock Management
Store Management
Supply Chain Management
Vendor & Supplier Management
Warehouse Management

Inventory Management
Inventory Reconciliation
Barcode Scanning
Delivery Management
Distribution Management
Item Master
Product Management
Stock Management
Store Management
Supply Chain Management
Vendor & Supplier Management
Warehouse Management

Project and Workflow Management

Time & Expenses Management
Project Accounting
Facility Management
Production Management
Transaction Management
Workflow Management

Time & Expenses Management
Project Accounting
Facility Management
Production Management
Transaction Management
Workflow Management

Retail and Point of Sale

Point of Sale (POS)
Retail Management

Point of Sale (POS)
Retail Management

Billing & Invoicing

Invoice Processing
Payment Processing
Automatic Payment Reminders
Bill Of Materials (BOM)
E-Way Bill Generation
Payment Tracking

Invoice Processing
Payment Processing
Automatic Payment Reminders
Bill Of Materials (BOM)
E-Way Bill Generation
Payment Tracking

A Quick Comparison Between Freshbooks vs Zoho Books

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

Pros and Cons of Zoho Books and FreshBooks
Zoho Books vs Freshbooks: In terms of Features
Which One is Better, Zoho Books or Freshbooks?

Choosing the right accounting software is crucial for your business's success. FreshBooks and Zoho Books are two top contenders, each offering unique features tailored to different needs. This comparison will help you understand their strengths and weaknesses, making it easier to decide which is the best fit for your business's accounting and financial management requirements.

Pros and Cons of Zoho Books and FreshBooks

Zoho Books Pros:

Comprehensive Features: Zoho Books offers a wide range of features, including advanced inventory management, GST compliance, and multi-currency transactions, making it suitable for diverse business needs.
Customization: The software allows extensive customization, including custom templates, fields, and reports tailored to specific business requirements.
Integration with Zoho Ecosystem: Seamless integration with other Zoho apps such as Zoho CRM, Zoho Inventory, and Zoho Sign, enhancing overall business workflow.
Affordable Pricing: Zoho Books offers a free plan and competitively priced paid plans, making it accessible for small to medium-sized businesses.
Customer Support: Provides various support options, including telephone and email support, a migration guide, user community access, and webinars.

Zoho Books Cons:

Limited Third-Party Integrations: Zoho Books has fewer third-party integrations compared to some competitors, which might limit flexibility for businesses using a variety of external tools.
No Payroll Module: The absence of an integrated payroll module could be a disadvantage for businesses that need comprehensive payroll management.
Complex Initial Setup: The setup process can be time-consuming and complex, requiring users to enter detailed business information and connect to online payment apps.

FreshBooks Pros:

User-Friendly Interface: FreshBooks is known for its simple, intuitive interface, making it easy for new users to navigate and start using the software quickly.
Strong Invoicing Capabilities: The software excels in invoicing, allowing users to create professional invoices, set recurring invoices, and accept online payments effortlessly.
Extensive Third-Party Integrations: FreshBooks integrates with over 100 third-party apps, providing flexibility for various business needs.
Time Tracking: The built-in time-tracking feature is beneficial for freelancers and businesses that bill clients based on time spent on projects.
Customer Support: Offers live phone support during extended business hours and a comprehensive online support knowledge base.

FreshBooks Cons:

Limited Advanced Features: Compared to Zoho Books, FreshBooks lacks some advanced features like detailed inventory management and GST compliance.
Higher Pricing for Additional Users: Most plans include limited user access, and adding more users can be costly.
Basic Reporting Options: FreshBooks offers fewer reporting options compared to Zoho Books, which might be insufficient for businesses needing detailed financial analysis.

Zoho Books vs Freshbooks: In terms of Features

FreshBooks vs Zoho Books: In Terms of Features
Features	FreshBooks	Zoho Books
Invoicing	Allows for the creation of professional invoices with custom logos and accent colors. It supports recurring invoices, late fee charges, and multiple currency options for global clients. Payment links for easy credit card or ACH transfers are included.	Provides custom invoicing with options to create recurring invoices, manage sales orders, and estimates. It supports a client portal for easy invoice payments and information management.
Expense Tracking	Offers easy expense tracking by uploading receipt photos and categorizing expenses. It includes a mileage tracking app.	Tracks expenses, allows for the creation of recurring bills, and supports vendor management. It also enables direct uploads of expenses through receipt photos.
Time Tracking	Includes a time-tracking feature with a timer that can be used on desktop or mobile devices, making it convenient for tracking billable hours.	Provides time tracking for project expenses and billable hours, allowing for detailed tracking and reporting.
Inventory Management	Basic inventory tracking for billable items.	Advanced inventory management with real-time tracking, cost and selling price management, and reorder level settings. It supports multiple units of measurement and custom markup/markdown lists.
Reporting	Offers basic reports, including financial statements, accounts aging, revenue by client, and time entry details. Reports can be exported to Excel for further customization.	Provides over 50 reports covering accounts payable, accounts receivable, inventory, invoicing, purchases, and expenses. Reports can be customized and scheduled, with options to export to Excel or CSV.
Ease of Use	FreshBooks is renowned for its simple and intuitive interface, making it easy for new users to navigate. It features a step-by-step setup process with on-screen help resources and an uncluttered data entry interface.	Zoho Books, on the other hand, is user-friendly with a vertical navigation bar and drop-down menus for easy access to features. It also offers a comprehensive setup process with detailed guides and a checklist to complete the product setup.
Integration	FreshBooks integrates with over 100 third-party apps, including Gusto, Stripe, Bench, Shopify, and Zoom. It also provides access to an additional 1,500 apps through Zapier, offering extensive integration options. Zoho Books integrates with numerous payment gateways like Stripe, PayPal, and Square, and seamlessly integrates with other Zoho apps such as Zoho CRM, Zoho Inventory, and Zoho Sign. Additionally, it offers access to over 500 apps through Zapier.	Zoho Books integrates with numerous payment gateways like Stripe, PayPal, and Square, and seamlessly integrates with other Zoho apps such as Zoho CRM, Zoho Inventory, and Zoho Sign. Additionally, it offers access to over 500 apps through Zapier.
Customer Support	FreshBooks provides live phone support from 8 a.m. to 7 p.m. ET, Monday to Friday. It also offers extensive online support options, including a searchable knowledge base and email support during extended business hours.	Zoho Books offers both telephone and email support and provides numerous resources like a migration guide, quick navigation guide, user community access, FAQ page, and webinars.
Pricing	FreshBooks offers several pricing plans to cater to different business needs. The Lite plan is available for $19 per month, the Plus plan for $33 per month, and the Premium plan for $60 per month. For businesses requiring more customized solutions, the Select plan offers custom pricing.	Zoho Books also provides a range of pricing options. It has a Free plan for up to 2 users and 1,000 invoices per year. The Standard plan is priced at $20 per month, the Professional plan at $50 per month, the Premium plan at $70 per month, the Elite plan at $150 per month, and the Ultimate plan at $275 per month.

Which One is Better, Zoho Books or Freshbooks?

Zoho Books is better for businesses needing comprehensive features such as advanced inventory management, GST compliance, and extensive automation and customization options. It’s more scalable, making it ideal for small to medium-sized businesses with multiple users and departments.

FreshBooks is better for freelancers, self-employed professionals, and small businesses looking for an easy-to-use accounting solution with strong invoicing features and extensive third-party integrations. Its simplicity and user-friendly design make it an excellent choice for those who prioritize ease of use and professional-quality invoices.

Consider your specific business requirements and growth plans to choose the software that best fits your needs. Both FreshBooks and Zoho Books offer robust accounting solutions, so prioritize the features that are most important to your business.

Author: Akhilesh Nagpal

Reviews

Verified customer reviews

Very Impressed with FreshBooks

riyaz ahamad Jul 28, 2024

FreshBooks is a Business Owner’s Best Friend

Chandan Mondal Jul 24, 2024

See all Freshbooks reviews

Zoho Books changed the way we looked at company bookkeeping and saves us tens of hours a month

Bharat kankariya Jul 04, 2024

Time Saver Accounting Books

Nandini Jul 04, 2024