Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
0% found this document useful (0 votes)
800 views2 pages

ZOHO BOOKS - MASTER THE ACCOUNTING SOFTWARE (Notes)

Download as docx, pdf, or txt
Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1/ 2

ZOHO BOOKS – MASTER THE ACCOUNTING SOFTWARE

I. Introduction to SAAS based Accounting

Main Heads of accounts in use :

DEBIT CREDIT
Asset : Liabilities :
- Cash in hand - Loan
- Cash at bank - Wages payable
- Equipment - A/C Payable (you’ve
- Property purchased things and you
- A/C receivable (ppl owe have to pay for them)
you money after you sold
them goods or services)
- Interest receivable
- Inventory
Draw : Equity :
- Check withdrawal - Owners equity
- ATM withdrawal
Expenses : Revenue :
- Rent - Revenue from service
- Electricity - Revenue from products
- Overhead - Accrued interest

II. DEBIT and CREDIT : SAAS ACCOUNTING


 Definition :

SAAS : Software As A Service

 Components :

Cloud Based Service Multiple Device Access


Automated Double Entry + Multiple User Access
Made for Laymans Quotation & Invoicing
Bank Statements

III. OVERVIEW of SAAS BASED ACCOUNTING

Easy-to-use cloud accounting software for businesses :

 Get paid faster : Send professional invoices to clients and start accepting online payments.
It’s simple, fast, and convenient.
 Track expenses better : Know the ins and outs of your expenses and save money in the
future. Track, categorize, and bill them to your clients all from one place.
 Automated banking : Connect Zoho Books to your bank account and get a real-time update
on your cash flow. Monitor transactions and categorize them instantly.
 Collaborate using Client Portal : Share recent transactions, expedite estimate approvals,
accept bulk payments, and capture customer feedback with the portal.
 Powerful reporting : Stay on top of your finances with powerful accounting reports like P&L,
Balance Sheet, and Cash Flow Statement.
 Track inventory in real-time : Keeping track of your inventory is no longer a chore. Enable
inventory tracking and manage goods as they come in and go out.

IV. MANAGE MULTIPLE PROJECTS

V. Oiucnjz;

You might also like