1. Tax Summary Report

The Tax Summary gives a top-down view of all taxes collected and paid organized by tax type and time frame. It’s a simple, consolidated snapshot of your overall tax position.

Instead of calculating input vs. output tax manually, this report tells you exactly what you owe or what you can reclaim. Ideal for preparing your final filings.

2. Tax Liability Report

This report zeroes in on exactly how much tax is still payable to the authorities. You choose a date range, and Zoho Books tells you what’s due.

This one’s particularly useful for managing cash flow. No more unexpected bills. You can plan ahead and make remittances calmly, not frantically.

3. Sales by Tax Rate

If your products or services fall under multiple tax slabs, this report helps you sort it all out. It breaks down revenue by each tax rate whether that’s 0%, 5%, 12%, 18%, or higher.

When auditors or accountants ask for sales split by slab, this report does the heavy lifting. It’s also great for internal review, especially for businesses that sell both essentials and luxury items.

4. Purchase by Tax Rate

This one does the same thing as the Sales by Tax Rate report but for your expenses. It shows what you’ve spent and how much tax you paid at each rate.

That’s crucial for claiming eligible input tax credits. Without it, you might miss reimbursable amounts tied to subscriptions, services, rent, utilities, and other operational costs.

5. GSTR-1 & GSTR-3B Reports (For India-based Businesses)

For GST-registered businesses in India, these reports are non-negotiable. GSTR-1 captures outward supplies, while GSTR-3B compiles both sales and purchases for the return period.

The best part? These reports match the GST portal’s format. That means no reformatting, no copy-pasting, and far less room for error. Just export, upload, and file.

6. Audit Trail Report

This one’s all about accountability. The Audit Trail logs every action taken in Zoho Books invoice changes, deleted records, login history, and more.

It’s especially useful when there are multiple users handling accounts. If a number doesn’t match or a transaction goes missing, the audit trail tells you exactly what happened and when.

7. Profit & Loss and Balance Sheet

The two most requested reports during tax season. Profit & Loss shows your income and expenses over time, while the Balance Sheet summarizes assets, liabilities, and equity.

Because Zoho Books updates these in real time, they’re always current. No waiting, no manual updates just ready-to-export financials for your accountant or records.

How It All Comes Together

Most businesses using Zoho Books follow a rhythm with these reports:

• Use Sales and Purchase by Tax Rate reports early in the period to verify tax splits.
• Review the Tax Liability report every month to plan for payments.
• Pull the Tax Summary and GSTR reports right before filing to finalize things.
• Keep the Audit Trail, P&L, and Balance Sheet ready for any reviews or queries.

By checking these regularly, tax filing becomes a lot less stressful and a lot more predictable.

Final Thoughts

Tax season is always going to be a busy time. But that doesn’t mean it has to be messy. With these seven Zoho Books reports, businesses can stay prepared, accurate, and in control. They reduce guesswork, improve compliance, and make life easier for both you and your accountant.

If you’re new to Zoho Books, exploring these reports early can save hours later. And if you’re already deep into tax prep, these tools can help you wrap things up faster and with more confidence.

Ready to take the pressure off this tax season? Head to Zoho Books’ Reports tab and give these a try. They might just become your new favorite habit.