Zoho Books
Free accounting for Singapore SMEs.
Zoho Books is an accounting software offering a free plan for Singapore SMEs with revenue under S$50K, helping manage compliance, invoicing, and data entry. It is listed among the top accounting software options for Singapore businesses, supporting various plans with user add-ons.
Singapore snapshot
Pricing (SGD incl. 9% GST)
Free tier available
Free tier
Available
PSG grant eligible
Checking
PDPA compliant
Checking
SG / APAC data centre
No
SkillsFuture eligible
No
Stackd review
For personal use
Individuals, freelancers, students
Zoho Books offers an indefinitely free plan for individuals and micro-businesses in Singapore with revenue up to S$50K annually, suitable for managing basic finances. Users should verify its specific Singapore compliance features if they are GST-registered.
Pros
+Indefinitely free for low revenue (under S$50K)
+Allows up to 1,000 expenses annually on free plan
+Supports multiple businesses as separate organizations
Cons
–Revenue threshold of S$50K for free plan
–Singapore-specific compliance (e.g., GST, InvoiceNow) not explicitly confirmed for all features
Singapore context
The free tier is a strong starting point for personal users or very small operations in Singapore, but those with GST registration should independently confirm full compliance.
For business & teams
SMEs, startups, MNCs
Zoho Books is an accounting solution available for Singapore SMEs, particularly attractive due to its free tier for businesses with revenue under S$50K. While it helps manage compliance and invoicing, its PSG eligibility and full range of specific Singapore compliance features remain unconfirmed in the search results.
Pros
+Free plan for businesses with revenue up to S$50K
+Scalable with user add-ons (from $3/user/month)
+Assists with compliance headaches and late invoicing
Cons
–Specific paid plan pricing not detailed in search results
–PSG eligibility unconfirmed
–Singapore-specific compliance (e.g., GST, InvoiceNow) not explicitly confirmed for Zoho Books itself
Singapore context
The free plan offers a cost-effective entry for Singaporean micro-SMEs, but businesses must conduct due diligence to confirm its specific support for critical local requirements like GST filing and InvoiceNow readiness.
Pricing — Singapore view
Free tier available. Visit the website for current Singapore pricing.
Alternatives
Xero
Offers a strong balance of compliance features, unlimited users, and local bank integration for Singapore SMEs.
Wave
A free accounting option, but it explicitly lacks Singapore GST compliance and InvoiceNow support.
QuickBooks
Another accounting platform serving Singapore SMEs, with higher-priced advanced plans available.
Recent Singapore updates
InvoiceNow Now Mandatory for New Voluntary GST Registrants
IMDA's e-invoicing mandate takes effect for new voluntary GST registrants from April 2026. Verify your accounting software is accredited before your next invoice run.
PSG Approved Solutions List Updated for Q1 2026
New tools added across accounting, HR, and CRM categories. Several older solutions removed. Check if your shortlisted tool is still PSG eligible.
Singapore FAQ
Is Zoho Books available in Singapore?
Yes, Zoho Books is listed as one of the accounting software options available for Singapore SMEs.
Does Zoho Books support SGD pricing?
Zoho Books is mentioned as offering pricing information specific to Singapore, though its base plan is stated as free.
Is Zoho Books PSG-eligible?
The provided search results do not explicitly confirm if Zoho Books is a pre-approved PSG solution, thus its eligibility is unconfirmed.
Is Zoho Books PDPA compliant?
The provided search results do not contain information regarding Zoho Books' PDPA compliance, so it is unconfirmed.
Does Zoho Books have a Singapore data centre?
The provided search results do not specify if Zoho Books utilizes a Singapore-based data centre.
Ready to try Zoho Books?
Visit the official website to sign up or start a free trial.