{"id":6387,"date":"2023-09-15T13:20:13","date_gmt":"2023-09-15T13:20:13","guid":{"rendered":"https:\/\/businessyield.com\/tech\/?p=6387"},"modified":"2023-09-15T13:20:15","modified_gmt":"2023-09-15T13:20:15","slug":"zipbooks","status":"publish","type":"post","link":"https:\/\/businessyield.com\/tech\/reviews\/zipbooks\/","title":{"rendered":"ZIPBOOKS: Features, Reviews, Pricing & Alternatives","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

Finding reliable accounting software to track time, money, and client payments is a constant quest for freelancers, accountants, and business owners.\u00a0ZipBooks is the complete package because it is cheap, easy to use, and full of features that small businesses need.\u00a0In this article, you will get to read more about ZipBooks reviews, pricing, and competitors. We also added the differences between ZipBooks vs QuickBooks so as to help you navigate the one that suit your need the most.<\/p>\n\n\n\n

Enjoy the ride!<\/p>\n\n\n\n

What Is Zipbooks?<\/span><\/h2>\n\n\n\n

ZipBooks, with headquarters in American Fork, Utah, is a free accounting software solution aimed at entrepreneurs and bookkeepers of small businesses. It is also useful for independent professionals, such as consultants, contractors, and sole proprietors. Tim Chaves started the company with the goal of empowering local entrepreneurs with data and resources. ZipBooks is a free bookkeeping software for independent contractors, accounting firms, and new enterprises. It is used by contractors and accountants to keep track of invoices and payments, as well as clients and billable hours across several client profiles. <\/p>\n\n\n\n

Invoice generation and sending, online payment processing, expenditure management, and proposal and estimate generation are just some of the capabilities included in this light accounting system. Smarter bookkeeping processes, such as time monitoring, client messaging, inventory management, and payroll connection, are available to accountants using ZipBooks.<\/p>\n\n\n\n

You can keep your most valuable customers, get paid on time, and assess your performance in comparison to the competition with the help of features like smart insights and reports. Auto-billing and automated payment reminders are just two more ways that you can streamline the process. ZipBooks’ many functions include invoicing and billing, accounting, business analytics and reporting, spending monitoring, and time management. Users can upgrade to a paid subscription to gain access to extra features like payroll integrations and bookkeeping services.\u00a0<\/p>\n\n\n\n

ZipBooks Features<\/span><\/h2>\n\n\n\n

The following are the features of ZipBooks:<\/p>\n\n\n\n

#1. Invoicing and billing<\/span><\/h3>\n\n\n\n

ZipBooks’ billing and invoicing functionality is included in all subscription tiers. Users may make and send bills to clients that appear professional, import contacts and previous invoices, and have a bird’s-eye perspective of their accounts receivable. <\/p>\n\n\n\n

When it comes to making invoices, there are a few standout options. Invoices are assigned mechanically by the system based on prior invoice data. ZipBooks provides an Invoice quality score for each invoice that is created. Based on an analysis of over 250,000 invoices, this function assigns a quality score between 0 and 100 at the time of invoice generation.<\/p>\n\n\n\n

In terms of delivery, ZipBooks allows you to email PDF invoices to your customers for simple printing and filing. The software safely retains all vendor and customer data, making it available whenever it’s needed. ZipBooks also allows you to track infinite vendor and customer information automatically, saving you time and effort.<\/p>\n\n\n\n

#2. Accounting<\/span><\/h3>\n\n\n\n

ZipBooks has a number of useful accounting functions built right in, including double-entry bookkeeping. You can keep tabs on all of your business dealings, check who owes you money and how much, and receive a comprehensive picture of your company’s financial standing. The software allows you to link your bank account(s), thereby removing the need to manually enter your transactions. <\/p>\n\n\n\n

To facilitate your accountant’s work on your tax returns, financial reports, and consultation services, you can grant them access to the software using the Accountant Access function. You may rest easy knowing that your books and bank statements are in sync with the bank reconciliation feature. ZipBooks’ auto-categorization feature works by learning how you classify transactions and then doing so mechanically. <\/p>\n\n\n\n

#3. Expenses<\/span><\/h3>\n\n\n\n

In order to keep your business running effectively, ZipBooks will record and report all of your expenses precisely. The program makes it simple to identify costs that can be billed to a client, increasing the likelihood that you will be reimbursed in full. You can even use your phone to print out receipts in case you lose them. You can also designate a purchase as a 1099 expenditure. <\/p>\n\n\n\n

#4. Projects and Time Tracking<\/span><\/h3>\n\n\n\n

This is a great addition for service providers who charge by the hour, such as attorneys, architects, IT specialists, and freelancers. It can also be helpful for companies that use an hourly wage structure. By using either the built-in timer or user-entered data, the time tracking feature ensures that all work on a project is accounted for. It’s easy to keep track of your time and add notes while on the road.<\/p>\n\n\n\n

Customers can be associated with the projects that users develop. When two services are connected, ZipBooks can automatically add billable hours to an invoice using the linked service’s hourly rate.<\/p>\n\n\n\n

#5. Reporting and Business Intelligence<\/span><\/h3>\n\n\n\n

You may generate numerous types of financial reports in ZipBooks, such as income statements, balance sheets, tax invoices, general ledgers, and expense summaries. Users can generate whatever report they require by selecting it from a drop-down menu.  After the report has been prepared, it can be exported to either a CSV file or a PDF.<\/p>\n\n\n\n

Reports can be filtered and customized by the user by selecting a date range, a time period for each column (monthly, quarterly, annually, total), and an accounting approach (accrual or cash).<\/p>\n\n\n\n

#6. Time tracking<\/span><\/h3>\n\n\n\n

Independent freelancers, consultants, and anybody else who needs to keep track of their time can use ZipBooks because of its built-in time-tracking feature. The timer is shown prominently at the top of the control panel. Time spent tracking can also be linked to specific clients or projects. <\/p>\n\n\n\n

#7. Payments<\/span><\/h3>\n\n\n\n

Online transactions are possible with ZipBooks. Any major payment processor can be used on the invoice itself for customers to send money to you. Not only does ZipBooks work effortlessly with Square, but it also supports integration with services like Stripe and PayPal. <\/p>\n\n\n\n

#8. Integrations<\/span><\/h3>\n\n\n\n

ZipBooks is compatible with Gusto, the industry-leading payroll service. This is a practical solution for companies with staff salaries to settle. ZipBooks can process online credit card payments through a partnership with Square. You can integrate ZipBooks into Slack so that you can manage your invoicing, costs, and accounts receivable without ever leaving the chat. <\/p>\n\n\n\n

Who Is Zipbooks For?<\/span><\/h2>\n\n\n\n

Zipbooks is an excellent bookkeeping app for solo entrepreneurs, freelancers, and small businesses. The software’s built-in training tools are useful even if you have no prior experience with accounting or bookkeeping.<\/p>\n\n\n\n

This option is ideal for sole owners, small businesses, independent contractors, and consultants. With its new Gusto Payroll integration, ZipBooks is also a great option for small businesses that employ people.<\/p>\n\n\n\n

Pros and Cons of ZipBooks<\/span><\/h2>\n\n\n\n

The following are the pros and cons of ZipBooks:<\/p>\n\n\n\n

Pros<\/strong><\/p>\n\n\n\n