ZipBooks is an online bookkeeping and tax reporting service aimed at helping individuals and small to medium-sized businesses manage their financial accounts.
The company has been operating since 2015 but didn’t fully release their platform until 2017. They are based in Utah, US.
When you sign up with ZipBooks you are given access to their accounting software hosted on the cloud. Within their software you have everything you need to maintain all your business’s financial data.
If you sign up for their Services plan you’ll also have access to your own personal bookkeeper (they call them ZipBooks Scholars), who will:
- reconcile your accounts
- prepare your financial reports
- give you tips and advice to save you money where applicable.
If storing all of your business’s accounts and financial data online makes you feel uneasy, ZipBooks have a strict security protocol in place to give you peace of mind.
They backup all of their data in multiple locations, have several layers of firewalls, their data centers have on-site security guards, and they use third-party companies to audit their processes.
With ZipBooks you can track and record all of your business’ transactions, invoices, expenses as any accounting firm would do for you.
This means you or a member of your team can keep your financial records up-to-date and be ready to submit your taxes at year-end without paying an accounting firm or for your own bespoke accounting software.
They have a detailed reporting section, so you can run reports at a touch of a button to check your balance sheet, outstanding debtors, and so on, so it’s a great way to keep your finger on the pulse of your business’s finances.
They also have some AI powered intelligence features that might help give you some insight into how your business is performing.
You can run intelligence-based reports to produce Business Health Scores, Invoice Quality Scores, and they will give you recommendations to help increase your potential revenue and reduce late payments.
If you pay for their Services plan you’ll also have access to a personal bookkeeping assistant to work with.
Plans and Pricing
ZipBooks currently have 4 plans to choose from. Their Starter plan is free to give you a feel for their software but has limited features. Their highest plan costs $125 per month and gives you access to your own dedicated bookkeeper.
It’s important to note the lower tier plans are software-only — no personal bookkeeping help.
Their complete list of plans at the time of publishing are as follows:
- Starter – Free – This plan includes the ability to have unlimited invoicing, vendors and customers, bookkeeping services, and one bank account.
- Smarter – $15 per month – This plan includes everything in the Starter plan, plus some additional features.
- Sophisticated – $35 per month – This plan includes everything in the Smarter plan, plus some advanced reporting and intelligence features.
- Services – $125 per month – This plan includes everything in the Sophisticated plan, plus access to your own personal bookkeeper (called a ZipBooks Scholar) and some more advanced features.
If you want to try their services before committing to a plan you can test their Starter plan which is free. Or, if this plan doesn’t offer the features you want to try you have the option to take a free trial for their Smarter and Sophisticated plans.
Freshbooks and QuickBooks are two of the most well-known online bookkeeping software providers, but neither (as far as I know) has in-house personal bookkeeper option. On the software side, they have similar pricing, but for human bookkeeping, Zipbooks is more affordable than other online bookkeeping services like Bench.
Have you worked with ZipBooks? If so, please leave a brief review of your experience below to help others with their decision.