Zoho Invoices is not a general ledger software but an online invoice generating solution with a feature to keep track of expenses and report generation capabilities.
If you are looking for something to keep track of expenses, generate invoices, and get paid online, Zoho invoice offers the basic and essential features for free for starters.
The forever free plan offered by the company is perfect for businesses with less than five customers.
If you happen to have a larger organization, Zoho offers premium plans with more features.
Let’s quickly look at its key features:
- Create personalized invoices by choosing pre-designed templates from the gallery
- For recurring billing, you can set invoices on autopilot
- Integration with Payment gateways for easier payouts
- Create professional-looking estimates, convenient client portals allowing the customers to access their estimates, invoices, and timesheets
- Time tracking for project management and expense calculator with detailed report generation
You don’t need to be an accountant to understand the importance of maintaining a general ledger.
It not only helps you with tracking your financial transactions but also keeps you ready for tax filing.
If anything in your balance sheet looks out of order, the general ledger will help you find the discrepancy and correct the details in a timely manner.
All the software listed in this article are free to use or at least offer a free account to get you started.
Have you used any of the listed accounting software for general ledger before? Do let us know your experience in the comments below.
FAQ: Learn more about general ledger software
Editor’s Note: This post was originally published in February 2019 and has been since revamped and updated in July 2020 for freshness, accuracy, and comprehensiveness.
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