If you’re running a dropshipping business, then you know the importance of keeping track of your finances.
This can be difficult to do if you’re not familiar with bookkeeping software.
Zipbooks is a great option for small business owners because it is easy to use and a free accounting software if you are going for basic features.
In this Zipbooks review, we will discuss the features of Zipbooks accounting software and why it might be a good accounting solution for your business.
It is an accounting software launched in 2015 that’s designed for people who want to simplify a complicated bookkeeping process.
ZipBooks is a very simple software to use, which makes it great for small business owners who don’t need large amounts of functionality.
They also reduce complicated accounting terminology and complexity by using automation.
ZipBooks has a wide range of functions that are useful for small businesses and freelancers. ZipBooks can help you with:
- Invoicing Clients or Customers
- Tracking Your Income and Expenses in accounts receivable
- Detailed reporting of profit margins, loss percentages, net amount etc. to help you understand your business health score
You can track how your business is doing overtime. This can help you meet your goals and make sure you don’t have to pay any extra taxes.
But first, let’s look at how this software takes information, complicated data, and words, turning into sound accounting reports (in case you need convincing).
Continue reading this Zipbooks review below on some of its key features.
ZipBooks offers a lot of great features that can help you manage your business.
These range from accountant access, bank connection, and an auto feature to categorize and project accounting
– A mobile app so you can check your finances on the go
– Invoice creation and management system with templates, customization options, etc. making it easy to send out invoices at any time!
In addition, Zipbooks offers customers an option to pay invoices online
– Automatic bank feeds that pulls in transactions and saves time by not having to enter each transaction manually.
– Categorizing expenses and incomes so you can easily see where your money is going
– Time tracking lets you know how long a project took, or when you worked on a specific task for the day
As a bonus, the Zipbooks free starter plan is completely free to use.
When comparing ecommerce platforms, be sure to read: Squarespace vs Weebly Vs Wix
ZipBooks Bookkeeping Records
This tool also helps you with time tracking which keeps track of employees’ hours and the work they did. That way, you can keep track of how much money they should get paid.
Which is helpful for paying hourly employees correctly based on the jobs they did.
It makes it a great accounting software that can help you keep track of payments. You can also use it to keep track of how much money you make over time in your accounts receivable.
So therefore it will help you plan and budget better so that you know when months are going to be more or less profitable.
Ultimately the asset and liability balance sheet will tell you what you own and what you owe. This can be useful information for understanding your company’s worth.
The accounting software will also provide records of income statements and taxes that are due.
Invoicing and Billing
ZipBooks can help you bill customers and invoice them.
This accounting solution will make it easier for you to get paid on time since it allows you to accept online payments where people can pay online with credit cards or PayPal accounts.
ZipBooks is an easy way to manage invoices since they’re already created by ZipBooks based on your work hours or the project you’re working on.
You can do time tracking of the hours you worked on a specific project and create an invoice for that customer.
You can also customize invoices to make them look nicer and fit your brand’s style.
ZipBooks lets you choose from different templates to find the right one for your company.
This article generator feature of ZipBooks lets us generate reports that are based on facts and figures.
But it also gives information that is well-researched and goes beyond your regular business reports.
The data analytics tool offers insights based on millions of data points to help you consider different ideas, suggestions, and recommendations for your business.
ZipBooks lets you track your expenses so that you can keep an eye on where your money is going.
You can also categorize these expenses to see what type of spending is more common for your business. This expense management will help you budget better in the future.
These features include:
- Expenses to be billed
- Receipt Portal
- Cost Control
- Vendor Management
Ease of Use or User-friendliness
The user interface is straightforward and simple to use, even if you have no prior experience with accounting software. The user guide is a valuable resource that explains complex accounting ideas in simple terms.
Some features that make this tool user-friendly are:
- Improved user experience
- The user interface is simple to understand.
- Creating and customizing profiles
- Customer service is helpful.
- Reports and statements will be color-coded to make them easier to understand.
This bookkeeper accounting software is popular because it provides quick and reliable customer care.
Even though they are a large company, they always respond to clients within an hour.
They also guide their clients and help them understand how to use the accounting software so they can get the most out of their subscription.
There are several ways to get in contact with a customer care representative from ZipBooks. You can call, email, or chat with them on the website.
- Chat Feature
- Email Address
- ZipBook Phone support
- Detailed Explainer Youtube videos
- An in-depth FAQ section is displayed.
ZipBooks can be classified as free software if you stick to its basic functions.
ZipBooks, a cloud-based accounting software features three pricing options: one of them is entirely free, while the other two are commercial.
A monthly payment plan is available; you may also cancel at any time.
- The Zipbooks starter plan is free for one person and has basic features.
- Smarter plan- $15/month for 5 users with advanced features.
- Sophisticated plan- for $35/month, you can have an unlimited number of users and track their progress in class.
Zipbooks vs Wave: Which makes more sense for Ecom or dropshipping entrepreneurs?
Small business owners may handle their bookkeeping and accounting tasks in an easy, user-friendly manner with ZipBooks.
For solo entrepreneurs and small businesses, ZipBooks offers a free plan as well as two fee-based alternatives.
Wave is another bookkeeping accounting software that provides comparable features and is often compared to it.
ZipBooks includes features like time tracking, basic income, and spending management that aid to manage unlimited vendors and customers, as well as the capacity to send an infinite amount of invoices.
In this Zipbooks review we’ve highlighted that, while the Zipbooks starter plan is completely free, there are reasonably priced premium levels that provide access to more sophisticated features.
However, you will find that ZipBooks and Wave have a lot of the same features.
This is because they are both designed to help you with your business.
The main difference between them is that ZipBooks includes time tracking and inventory management tools and project management software, while Wave does not.
ZipBooks’ pricing plan starts at $9.95 per month, although it does have a premium level three starting at $15 per month.
Wave, on the other hand, is completely free but requires payment for credit card and payroll processing.
It also lacks several special features available for no charge with ZipBooks.
While it’s true that ZipBooks is more user-friendly than Wave, the account creation and installation procedure for both programs is quite simple.
However, because of its helpful customer care services that are readily accessible 24 hours a day, 7 days a week, ZipBooks has an advantage over Wave.
Customer service may be a game-changer for any
A conclusion to this Zipbooks Review
We discovered that ZipBooks has superior features at a lower price point when comparing Wave vs ZipBooks.
ZipBooks truly has it all! From the great features to the outstanding customer service, this is a very well-rounded bookkeeping software for any eCommerce company owner.
Our recommendation at the end of the day is for users to test this program by starting with the Starter account to get acquainted with it.
You may proceed to the ZipBook Smarter account after you’ve adjusted if you wish to develop your business!