Zoho Inventory Update April 2023

Lets ‘Spring’ into April with the latest updates from Zoho Inventory. Here are new the latest Zoho Inventory features that are brightening our days in our Zoho Inventory update, April 2023.

New dashboard for Bills

Take advantage of the newly added dashboard section in the Bills module to get a quick summary of all your outstanding bills, including the amount due today, the amount due in the next 30 days, and your overdue amount. By using this feature, you can make well-informed business decisions in a timely and efficient manner.

Enhancements to Shipments

As part of Zoho’s latest update, the list view of Shipments now includes sub-statuses. This means that you can easily filter transactions with a specific sub-status using the newly added filter. Additionally, the Advanced Search feature now allows you to filter transactions by sub-statuses as well.

Tax Deducted at Source (TDS)

For users of Zoho Inventory’s Global edition, a new feature has been added that allows you to activate TDS for both your customers and vendors. With this feature, you can apply the appropriate TDS rates to any transactions created for them.

To enable this option:
Go to Settings > Taxes > Tax Settings and check Enable TDS.

Override tax amount in sales transactions

Each time you generate a sales transaction in Zoho Inventory, you have the option to manually adjust the tax amount based on the pre-configured tax rates. This enables you to override the calculated tax amount and ensure accuracy in your financial records.

To enable this option:
Go to Settings > Taxes > Tax Settings and enable the option under Tax Amount Override in Transactions.

Import purchase receives

Zoho Inventory has added a new feature that allows you to easily import all your purchase receives in CSV, TSV, or XLS format from the Purchase Receives module. To initiate the import process, simply navigate to the Purchase Receives module on the left sidebar, click the menu icon located in the top-right corner, and select the “Import Purchase Receives” option.

Design changes made to Zoho Inventory

At Zoho Inventory, we are committed to enhancing the user experience by continuously improving our platform’s interface. Below are some of the recent design changes that have been implemented:

  • Revamped the Mails tab in the contact details page
  • Revamped the Comments & History section
  • Revamped the Transactions tab in the record details page
  • Revamped the Notifications section to categorise them better.

Updates to the Android app

Zoho Inventory has introduced a new feature that allows you to create transactions for customers or vendors in any currency. This provides greater flexibility when conducting business across multiple regions or currencies, making it easier to manage your financial transactions in a global context.

Zoho Inventory now offers a convenient way to process online payments, including retainer invoices and bills, by enabling you to securely store the debit or credit card information of your customers or vendors. This feature streamlines the payment process and helps you stay on top of your finances by ensuring that all transactions are accurately recorded and easily accessible.

If any of these features in our Zoho Inventory update April 2023 sound of interest, try them out and let us know what you think. If you have any queries, get in touch. As Zoho Books experts and Advanced Zoho Partners we will help you get underway with all Zoho Inventory features.

Got a question? Get in touch

We know we can’t answer all of your questions here, but feel free to get in touch via our contact form, or call us on 01323 409950