In an article titled ‘Let Zoho Send the Bill‘, Richard Morochove @ PC World offers a good review of Zoho Invoice. Excerpts :
The free edition of Zoho Invoice limits you to 5 invoices per month. Yet even the high-end plan, which offers sufficient capacity for most small businesses, costs a relatively modest $35 per month.
Despite its low cost, Zoho offers enough flexibility in invoice forms and sales reporting to suit the billing needs of almost any small business. If you don’t require a complete integrated accounting program, but want to automate your sales invoicing and collections, Zoho Invoice could offer just the right mix of services for you.
I particularly liked the selection of estimate and invoice templates designed for selling services or products, or to collect fixed price amounts, which are generally used for recurring bills. You may also design your own custom template, with sales tax rates you define.
You can opt to skip most of the configuration steps until you create your first invoice. Zoho lets you select most invoicing options on the fly, as you create the bill.
Invoice lets you decide how to follow up on unpaid bills. You may select up to three e-mail reminders and determine how many days after the payment due date they should be sent. You may also change the default reminder message text.
Zoho Invoice is particularly well suited for exporters, since it supports multiple currencies.
Thanks to Richard & PC World!