BITS IT Solutions

e-invoicing: Create customized invoices, track payments, and send reminders to clients for overdue invoices.
Sales order processing : Sales Order Processing is essential for ensuring that customer orders are handled efficiently, from the moment the order is placed to when the product or service is delivered. An effective sales order process enhances customer satisfaction, minimizes errors, and streamlines operations.
Purchase order processing: Purchase Order processing is a crucial part of a business’s procurement function, ensuring that the purchasing of goods and services is done efficiently and accurately. It enables companies to manage their supply chain better, maintain control over spending, and ensure that they receive what they ordered.
Multi Level Approval - Transaction Approval,Sales Approval,Estimates Approval,Invoices Approval,Sales Orders Approval,Retainer Invoices Approval,Credit Notes Approval, Purchase Approval,Purchase Orders Approval,Vendor Credits
Inventory control - Warehouse Tracking, BinTracking, Batch Tracking and Serial Number Tracking
Document Attachment - Transactions and modules
Fixed Asset management - Integrated with finance
Payroll : Employees payroll management and portal access
Expense Tracking: Record and categorize business expenses to manage budgets and monitor cash flow.
Reccuring entries - expenses, sales and banking
Branch Accounting:Branch accounting refers to the method of accounting used by companies that have multiple branches or locations. This accounting process helps a business track and manage financial transactions separately for each branch, while consolidating them into the company's overall financial statements.
Bank Integration: Connect to your bank accounts and credit cards for automatic transaction downloads and reconciliation.
Payment Gateway - Integration with Zoho invoice
Inventory Management: Manage your stock, track items, and generate purchase orders.

Time Tracking: Track billable hours and generate invoices based on the time spent on a project.
Tax Management: Automatically calculate taxes and generate tax reports for filing.
Financial Reports: Generate various reports like Profit & Loss, Balance Sheet, Tax Summary, and Cash Flow to gain insights into the business’s financial health.
Automation: Set up recurring invoices, automated payment reminders, and other workflows to save time.
Multi-currency Support: Handle transactions in multiple currencies, making it suitable for international businesses.
Collaboration: Collaborate with your team, accountants, and clients and vendors by granting them access to the software as needed.
Opening balance Migration - Trial balance, Accounts receivable, Accounts payable, Fixed Assets, Inventory
Mobile App: Access your accounts on the go with Zoho Books' mobile app.

Manage items: Maintain an organized inventory by clearly defining each item, including its cost and sale prices, quantity units, SKUs, product photos, and stock levels.
Create Price lists: Create customized price lists for your items with markups or discounts and associate them to sales or purchase transactions as required.
Restock proactively:Avoid stockouts by setting reorder points and receiving alerts before stock levels dip. Instantly send purchase orders to preferred vendors for efficient restocking.
Make Inventory Adjustments:Promptly make inventory adjustments in stock quantity or stock value for damaged/missing products or reevaluated prices, ensuring accurate records.
Advanced Inventory Control:Unlock advanced modules like composite items, item groups, packages, shipments, and bulk adjustments.
Inventory for eCommerce:Seamlessly synchonize inventory levels in your online sales channels & shopping carts including Amazon, Etsy, eBay, Shopify, and Zoho Commerce by connecting with Zoho

Project budgeting:Add cost and revenue budgets in your project to analyze estimated and actual income earned or expenses incurred. Additionally, set budgets for tasks, staff, or total hours
Project Timesheet and approval:Allow staff to log their time directly on Zoho Books using the timer, accessible via the web app, browser extension, mobile app, or smartphone widget. Set internal and
Project Billing and Expenses:Accurately invoice your client for the projects you undertake and track every penny spent on a project, billable or non-billable. Bill customers based on the total cost, hours
Project profitability:Leverage the project profitability report to identify high-profit projects and optimize resource allocation for improved efficiency and profitability.

Join Zoho Books organization as an accountant to manage books for businesses from anywhere! Manage chart of accounts, journals, and transaction period locking. Organized Chart of Accounts

Organized Chart of Accounts :- Keep track of financial activities in your general ledger with a well organized chart of accounts. Add new sub-accounts within assets, liabilities, equity, income, and expense categories as needed.

Manual Journal Entries :- Use manual journal entries to record those unique account credits and debits that are not associated with your regular sales and purchase transactions like non-routine adjustments, asset depreciation, bad debts, or acured expense.

Fixed Asset Management :- Streamline your asset tracking with Zoho Books. Auto-calculate asset depreciation, track asset life cycles, manage disposals and access detailed reports for smarter financial decisions.

Base currency adjustments Adjust for fluctuating exchange rates using base currency adjustments to learn the profit or loss incurred in transactions involving foreign exchange.
Budgeting Made SimpleSet targets or forecast business performance by easily setting meticulous budgets for income, expenses, and other accounts. Access budget vs. actuals report for valuable
Transaction lockingNearing audit or tax filing date? Lock transactions in Zoho Books by specifying an end-of-period lock date to prevent unauthorized changes to the books.
Rapidly create quotes with minimal effortQuickly create and send professional, personalized, and branded quotes from anywhere using your phone or desktop, and lock deals sooner.
Create professional invoicesAutomate invoice creation for precise tax calculations and enhance brand value with custom branding. Expand globally with multi-currency and multilingual invoicing.
Perfecting sales order fulfillmentStreamline order to cash process with robust sales order functionalities. Cash in by converting sales orders to invoices, and if low on stock, easily convert any sales order to a purchase order to replenish your stock.
Accept online paymentsEnhance your client experience by providing online payment convenience through payment links or the client portal. Set automated reminders at intervals of your choosing to ensure timely payments from customers.
Optimize sales with sales approvalsEasily implement single or multi-level sales approvals to prevent any unauthorized sales transactions and minimize errors in your invoices, sales orders, quotes, and credit notes.
Partial invoicing with progress invoicesPartially invoice your quotes with custom amounts for each line item, enabling your customers to make proportional payments throughout the course of your service or item delivery.
Manage retention paymentsZoho Books enables your customers to withhold a portion of the invoice amount based on an agreed retention rate. The retained amount is tracked separately, ensuring transparency until the contract terms are fulfilled.
Automate revenue recognitionEnsure accurate financial records by deferring revenue and recognizing them as and when your products and services are delivered based on the frequency you define with automated revenue recoginition capability in Zoho Books.
Manage Vendor BillsKnow exactly what you owe to whom. Convert vendor invoices to bills, record full or partial payments, apply vendor credits, and track the status of all your vendor payments seamlessly.

Streamline your purchase order workflowStreamlines your purchasing process and strengthens vendor relationships, offering clear insights into orders, tracking deliveries and payments, and ensuring optimal inventory levels at all times.
Simplify expense trackingDitch the shoebox and capture all your business expenses digitally. Auto-scan expense receipts, set recurring expenses, and categorize them for better insights into your business spend.
Store documents centrallyEasily organize and access important documents for your business. Attach receipts to expenses or bills, enable auto-scan for quick transaction creation, and sort documents into custom folders for quick access.
Reconcile & validate billsMatch bills with purchase orders and receipts. Get notified about price and quantity mismatches and ensure you pay only for what you receive.
Verify purchases with purchase approvalsControl and streamline purchases as you ensure accurate and prompt payments to your vendors by setting up single or multi-level purchase approval to bills, purchase orders, and vendor credits.
Connect bank feedsGet bank feeds flowing into Zoho Books automatically or manually import bank statements to populate bank transactions ready for seamless reconciliation with your business transactions.
Auto-categorize and Match transactionsCategorize and match transactions manually or let Zoho Books' Bank Rules automatically categorize bank withdrawals and deposits.
Streamlined ReconciliationClose books faster with Zoho Books' reconciliation, ensuring perfect synchronization of bank accounts and business transactions. .

Zoho Finance

Purchasing workflow

Branch Accounting

OUR CLIENTS

Our Solutions

Get in Touch