There’s also a link to the site’s only add-on, SurePayroll. We took advantage of Kashoo’s free trial and carefully analyzed its technical documentation to determine its features and abilities. We also sorted through customer reviews and carefully compared the platform to competitors to create this review. This alternate software pick is also renowned for its extensive third-party integration capabilities. Indeed, it’s a gold standard for enterprise software to integrate with QuickBooks. You’ll have no issue connecting your bank and favorite business software titles.
Adopting to this software is very easy and it gives you plethora of integration options. It can be difficult to download transactions so they can be accounted for in the business. After a 14-day free trial, Kashoo customers pay $27.00 per month (billed annually) or $30.00 (billed monthly). We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. The journal entry option has changed in Kashoo 2.0, with journal entries now being created by using the Add Adjustment screen.
Invoice and get paid much
Out of all the software I’ve reviewed, I think it’s the easiest to learn. After reading so many great reviews about Kashoo and its comprehensive but UX-friendly accounting features, I was super-excited to purchase a steeply discounted kashoo accounting subscription/membership on App Sumo several months ago. I was particularly looking forward to being able to sync multiple company bank accounts, as well as our daily credit card sales from Square POS, in a single application.
- For example, Kashoo can categorize bank transactions hands-free.
- With Kashoo 2.0, users are highly encouraged to connect their bank accounts to the application in order to eliminate the need to process a high number of journal entries.
- If you’re a small business owner, or work for yourself, you know how important cash flow is.
- In addition to its online resource center, Kashoo offers customer support via phone, email and live chat.
- Kashoo opens your account to an “inbox.” Designed like an email inbox, this screen shows all of your imported records, as well as your connected accounts.
- Our Smart Inbox recognizes the vendors you normally do business with and keeps track for you.
Plus, it only integrates with a handful of third-party apps. Also, Kashoo boasts accommodating multiple currencies, but the functionality isn’t compatible with its mobile accounting app. Because Kashoo Classic makes data like this available from working screens, its users have less need to run standard reports.
Inconvenient customer support
Still, this function saves bundles of time, and it includes country-specific guidelines. Kashoo supports double-entry accounting, a gold standard among accounting professionals. This advanced system documents finances for investors, auditors and even lenders. When the user numbers increase, this software may get a bit costly for you and lags a bit when concurrent users are using this application. It is very inexpensive and it takes care of everything that I need to be done from accounting software. Users can also access help from within the application, with both email and chat support available as well.
Our recent blog post, What is a Chart of Accounts, is a great place to start (and you may also want to check out our support article, What is an Account? too). As a business, you need to have a clearly organized way to track your income and expenses for your own use as well as for tax purposes. Getting your Chart of Accounts in order from the get-go will make using Kashoo an easy, seamless experience.