Thank you so much for this, it has saved my day! I've been spending so much time trying to find out how to do this and your video is the only one that delves into this amount of detail. The expense screen looks a bit different to me, but maybe because the video is a couple years old now and Zoho may have changed it a bit, or perhaps because mine looks different as I'm from Australia and it asks me different questions. But so glad I understand this now - as it was doing my head in before, thanks again.

@CANikitaPunjabi

28 күн бұрын

I’m glad you found this helpful :) thank you for your comment

Just like your teaching,you make it easy to understand

Full of insights ....loved it

@CANikitaPunjabi

3 жыл бұрын

Thank you! 🙂

Good explantion!

Hello CA. Nikita, Can you please explain how do we get reimbursement of ROC filing Fees paid by us on behalf of our clients ? Presently, we are incorporating it in our invoice which is unnecessarily inflating our Turnover. How do we avoid that? Thanks.

@CANikitaPunjabi

9 ай бұрын

Even if you’re adding it to the invoice, you can always choose to record that transaction under ‘Reimbursement of Expenses - Current Assets’ Select the item in the invoice, in the same item, go to the end of the row right next to amount there are … three dots, click on Show Additional Information, and select Reimbursement of Expenses instead of Sales

Thank you for the valuable info @CANikitaPunjabi

Hello Nikita, I am using zoho for my business and need to understand some entries along with opening balances and the adjustments etc is there a way I can get all my questions answered if yes please let me know thanks

Mam, our business generate sales invoice from the data from excel report. Can i make custom module for that report then the same data need to show in invoice. Is it possible?

Hi Is there a way we can record advance payment given to anyone and then get that reflect in expense to any project..... Any help on this would be highly appreciated

Nikita Madam ur presentation was great. Can you help me to add opening bill details of customer which are already existing before creation of new organization in zoho book

Hi, Can you suggest a method to account for tour package entry in Zoho Books? B2B to Agency (18 % on Commission) and to the customer with GST

Hi, I need to make salary expense in Zoho Books ? Please guide me in this regards.Thanks

We are facing an issue in the entry of e-commerce sales and bill categorizing in zoho.

When I try to match a transaction from Banking - will employee reimbursement account come under VENDOR PAYMENT? Because there is no other category available Employee I also wants to know who to Add a New Category when we Match transaction from Banking module.

@CANikitaPunjabi

2 жыл бұрын

Hi. I’ll be making a video on the banking module very soon. Stay tuned. You can use ‘Transfer Payment to Another Account’ and select Employee Reimbursement.

After creating expense , need to now payment entry

Very useful post mam

@CANikitaPunjabi

2 жыл бұрын

Thank you :)

Hi, My company is a proprietary firm and sometimes I withdraw money from my bank account for personal requirements. How do i book such withdrawal by owner.

What I do if anyone says I will pay for your room rent and cost of food then maximum rs 1000 then reimburse to me what entry in cash book

For professional service, it is TDS module. Isit not

well, thank you for sharing the details. I would like to highlight the thing I face as a non-finance background guy how do you book the fuel and food expenses I mean is this with GST or without gst?

@CANikitaPunjabi

Жыл бұрын

Just select ‘Out of Scope’ for such expenses in the GST drop down since no credit is eligible in case of food and no GST is charged in case of fuel.

Hello Madam, Like to know how to charge reimbursement of expense in Zoho invoice

hello ma,am... your video is really useful & understandable. I have a query ; how can we add TDS on expenses of Professional fees or consultant expenses? Thank you!

@CANikitaPunjabi

Жыл бұрын

Hi, You can record expenses like Professional Fees by way of Purchases > Bills. Under bills you’ll find the option of TDS while recording the bill. This TDS will be directly reflected to TDS payable account.

How to enter voucher entry in Zoho books

Hi Nikita I have a question regarding Expensing in Zoho. There is a separate Zoho Product named as Zoho Expense for Expensing. How are they different? I also want to know how to add Cash Memo in Zoho Books, as there is separate option of Cash Memo in Quickbooks but where is it in Zoho Books? Thank You

@CANikitaPunjabi

3 жыл бұрын

Zoho Expense is specially for expense submissions and approvals say if employees use a corporate card, in such cases Zoho expense will be useful. However, Zoho Books covers entire accounting end to end. There’s no separate thing like Cash Memo or Sales Receipt, but you can simply create a customer with the name ‘Cash Sales’ and record an invoice.

Amazing video ma'am. Would love to watch a video on reports. Financial reports on zoho books. Can you please make a video on it.. Or is there any way of solution regarding manual correction on opening of current financial year to start it fresh if we have faced a wrong report on last financial year. To start a new fresh year.

@CANikitaPunjabi

2 жыл бұрын

You can use journals to correct your opening entries. Sure I’ll make one on reports as well 👍🏻

@nanditakhakhlary9122

2 жыл бұрын

@@CANikitaPunjabi thank you ma'am

hii nikita mam my costumer was security Deposited 50000 and rent pay 60000 with 5% Gst after one year we are refund this Security After pay hes security how can we pass this entry in Zohobook

Great video. Can a proprietor claim reimbursements from his firms current account, if he has paid from his savings account?

@CANikitaPunjabi

Жыл бұрын

Yes of course. Make a separate account called Proprietor’s (Name) reimbursement account under the head Other Current Liabilities and record transactions to that account.

can u tell me how to create Reimbursements from clients on expenses like travel..without including GST or HSN /SAC code. i am not being able to create reimbursement invoice from billable expenses.

@ayeshalangstieh1888

2 жыл бұрын

What GST treatment for such entries ? Can i put under out of scope , others don't fit in it ,as additional gst cannot be charged

Nicely explain

@CANikitaPunjabi

3 жыл бұрын

Thank you :)

The way you demonstrate the purchase order using Bills and Expenses using Bills, I tend to be lazy by taking this extra step of creating Bills in Zoho. Is it wrong to use only the bank statement to do my monthly matching (reconciliation) thereby bypassing the Bills section?

@CANikitaPunjabi

5 ай бұрын

That’s alright! As long as you don’t want a report of Vendor Balances Overdue, recording directly from the bank statement is alright

how to record the amount of expenses which i have given to the staf. in zoho books

@CANikitaPunjabi

Жыл бұрын

It’ll be treated as Employee Reimbursement. Explained in the video.

Hello Nikita I want to have your opinion on switching from tally to zoho books Ofcourse zoho provides various features which are not available in tally But in which software you would say we can pass entry fast and higher no of entries can be passed in minimum time. ?

@CANikitaPunjabi

5 ай бұрын

With Zoho Books you can reduce your overall accounting time by using features like transactions rules in banking, clone for invoices and bills, recurring bills and invoices, etc.

How to create a provision in zoho books for the salary and other expenses

@CANikitaPunjabi

Жыл бұрын

You can use manual journals under Accountant

How to make tds payables and receivables in Zoho book. please explain

@CANikitaPunjabi

2 жыл бұрын

TDS Payable can be booked while creating a bill. TDS receivable can be recorded at the time of booking payments against invoices

Hello Nikita Please tell me how to salary payment record/categories from bank... Actually zoho books automatically access zoho payroll entries.... And my another question is how to categories professional tax, NPS, PF, PT, TDS payment.... I have done purchase and Sales... I facing problem categories thr salary and tax payment which has done from bank... How to match this transaction with payment

@CANikitaPunjabi

Жыл бұрын

Hi, in your banking module under All transactions if you filter with manually added transactions you will find these payment entries from Zoho Payroll. You can simply match these entries. If it’s not appearing directly due to different dates or anything use the filter option under possible matches to find such manually added transactions and match these.

I got some sale target incentive from my vendor in form of jv . Pls advise how can I book those type entry in zoho Thanks in advanced

@CANikitaPunjabi

Жыл бұрын

Do you receive a credit note from your vendor for such incentives?

If I have an expense made in behalf of a client(rather than the company), and its has to be reimbursed to the company(and myself). Is an expense that isn’t billable. Is a Gross refund. Whats the correct way to enter it in zoho books?

@CANikitaPunjabi

11 ай бұрын

You can either charge it as a reimbursement if expense in the invoice or if that’s not possible record it in a transition GL - Client Reimbursements Receivable (Other Current Assets). As for your reimbursement it can be routed through Employee Reimbursements which is explained in the video

How to draw a balance in Excel regarding Zoho books ..can u make a video about that... Thankyou ma'am!

@CANikitaPunjabi

2 жыл бұрын

You can download Balance sheet in Excel from reports section in Zoho Books

Hi Nikita. You videos are helpful. Thanks for making these I have a query if you could help would be great, I wish to add employee salaries in Zoho books. Is there a way I can do it without Zoho payroll? If yes please can you help us know how?

@CANikitaPunjabi

Жыл бұрын

You can create separate employee accounts in Chart of Accounts to keep track of specific employee payments. Or alternatively you can maintain all payments via Salaries and Wages and maintain the details in MS Excel.

@GauravP999

Жыл бұрын

@@CANikitaPunjabi Thank you :)

Hi I have some issue here . I don't have an accounting background, But i have an expnses which i manage through zoho. I provide cash to my employee everyday for certain work in which he use those cash and get me the bills end of the day. This bills is an expenses but the amount which i give doesnt gets reconciled completely and next day i give cash again . This way i get few bills and then i topup the cash again everyday. Now i wanna show this in my expense on certain projects , i hve created all details well but only issue is i cant manage to add the expense in a proper manner and it should be shown as reimburse in my employee account. Any piece of advice

@CANikitaPunjabi

2 жыл бұрын

Since this is not actual reimbursement but petty cash, you can maintain a petty cash ledger and book the actual expenses on the basis of bills.

Hai Nikki ❤🎉 How r u 🎉 Tq. Give Few Entries Adequate

Good Afternoon - I am slightly confused and not completely understanding the whole employee reimbursement expense..... So apparently incorrectly when an employee hands in their mileage log for reimbursement we have been entering that data in the enter mileage tab under expenses - is that tab strictly for entering mileage of company owned vehicles where it could be an expense but not specific to an employee or for reimbursement? ZOHO support is sooooo slow and doesn't understand much

@CANikitaPunjabi

Жыл бұрын

Do you use Zoho Expense? If yes, then that's a great solution for employee reimbursements. If not, then you can use the mileage tab within expenses Zoho books. To track it employee-wise you can create separate account like 'Reimbursement to Employee A', Reimbursement to Employee B', etc. all under the head 'Employee Reimbursements' in Chart of Accounts.

How do we pass journal entries in zoho books?

@CANikitaPunjabi

Ай бұрын

Go to Accountant > Manual Journals

How to include expenses in sale bill for the customer Like transport charges service charges while making a sale invoice how to add these things

@CANikitaPunjabi

2 ай бұрын

Add those expenses as an item and select the correct account head while generating the sale bill. Take your cursor to the end of the item row, you’ll find an option ‘show additional information’ under that you select the correct expense ledger for that expense item.

@AnkushGajrani

2 ай бұрын

Thankyou mam​@@CANikitaPunjabi

I'm giving cash by my gpay no and taking cash from bank. How it can be enter in expense.kindly help me

@CANikitaPunjabi

2 жыл бұрын

You can use the options - Transfer to Another account and Deposits from other accounts to classify these transactions

How to configure approval for these expenses submitted in Zoho Books?

@CANikitaPunjabi

2 жыл бұрын

You can go to settings > preferences and set-up approvals

@sarath123ist

Жыл бұрын

@@CANikitaPunjabi In Zoho Books they don't have approval for expenses

MADAM, CAN YOU GIVE DETAILS ABOUT HOW TO MAINTAIN FIXED ASSET REGISTER IN ZOHO

@CANikitaPunjabi

2 жыл бұрын

Hi, Currently you will not be able to maintain a fixed asset register separately in Zoho. They will soon come up with that functionality. But as of now it’s not there.

i am paying, from the company bank account, office rent, this is annual rent paid quarterly in 4 cheques, 1 current and 3 PDC - question is, for example, i have paid 12000 rent in 4 cheques of 3000 each, i need to distribute the expenses for the 1st current cheque...1000-1000-1000, 1st 1000 is the current office rent expense and the other 1000-1000 are for the next 2 months, how can i do this, 3000 is already deducted from my bank account...

@CANikitaPunjabi

Жыл бұрын

First you can record the payment against the vendor. It’ll get transferred to Prepaid Expenses. Then you can record a bill at the start of every month when the rent becomes due. And using the Apply Credits option you can apply the payment made to the vendor against each bill at the start of every month.

@mikelib62

Жыл бұрын

@CA Nikita Punjabi If I record against the vendor won't it take the full amount as an expense? Perhaps you meant in the bank pay to prepaid expenses-then pass 3 different JVs for the different due dates like date-vendor-to prepaid expenses

@CANikitaPunjabi

Жыл бұрын

@@mikelib62 - When you record it directly from your bank as a vendor payment, there’ll be no impact on expenses. It’ll be Vendor to Bank and will be transferred to Prepaid expenses. Expenses to Vendor will be passed only when Bill is entered

How to book payment for Employee Reimbursement

@CANikitaPunjabi

9 ай бұрын

From the banking module select Employee Reimbursement as the account while recording the payment transaction

How to enter PDC cheque in zoho book???

@shijothomas8633

Жыл бұрын

Video for pdc plz...

@CANikitaPunjabi

Жыл бұрын

You can record it as Payment Received and send park it under ‘Undeposited Funds’. Once it’s received in the bank, you can transfer from Undeposited Funds to Bank account

How to do a payment for expense reimbursement , Can you please explain that

@CANikitaPunjabi

2 жыл бұрын

You can setup a separate Expenses Reimbursement account and book all expenses to that account. All payments will also be then booked to Expenses Reimbursement account.

@dharas121

2 жыл бұрын

Fine thank you for the message

Hi Nikita Ma'am, Nice & Detailed video i want more detailing regarding Expense Reimbursement on employee name. Can i also manage employee reimbursement accounts in my zoho books?

@CANikitaPunjabi

2 жыл бұрын

You can checkout Zoho Expense for more detailed reimbursement claims. You can manage by creating the respective employee reimbursement account in the chart of accounts section of Zoho Books

@eddywalia28

2 жыл бұрын

For that we have to purchase different licence for each employee that will too expensive for us Can i manage by making different accounts for reimbursement like "Reimbursement Account(Aaditya) or Reimbursement Account(Neeraj)" that i will clear directly from company account.

@CANikitaPunjabi

2 жыл бұрын

@@eddywalia28 - Yes you can do that!

Hindi me bolti to Zyada samajh me ata.... Likh dia kro na kon sa Language me hai...😊

Just like your teaching,you make it easy to understand