With VAT support and a U.K.-based headquarters, KashFlow is a great choice for companies based in Europe. This accounting software is streamlined and simple to use, offering intuitive ways of navigation and performing routing accounting tasks.
As you get started with KashFlow, you can be sure that the process is very similar to other companies. All you need to start your accounting process is your business and personal information. While the software doesn’t require you to enter specific information, such as tax rates and default currencies in the beginning, we recommend you do. This way you don’t have to go back and later try to find the place in the settings where you can add them. KashFlow doesn’t restrict you to U.K. currencies, even though the company is based there. Instead, you have the choice of picking your currency from 90 options. After setup, you see that you can completely customize the dashboard to show the relevant information you want to see, which is more than most accounting services provide.
The process of creating new clients for your business is simple. All you need to do is enter their contact information and you’re good to go. As you add invoices for your customers, their profiles will grow as well. You can customize which currency your customer primarily uses, but doing so is a little complicated. Rather than provide you a dropdown menu with the available currencies, you have to navigate through the settings to enable those currencies first. This can take a lot of time, especially if you have clients who use a variety of currencies. Other services typically provide a dropdown menu directly on the customer page.
KashFlow’s other basic accounting features, like creating invoices and quotes for your clients, are simple and easy to learn. You can customize your invoices and quotes to look how you want with your logo and other customization options. KashFlow can track and manage your inventory, but the process of doing so is difficult because you have to dig around the settings to find the inventory management options. Once you find the option, you have to enable tracking options, and then you have to add any stock you have on hand. Overall, the process takes long and can get complicated, especially for first-time users.
KashFlow offers a variety of different versions of its software. Each version differs in the amount of invoices you can send, and the lowest-priced version only supports one currency. The highest-priced version gives you some payroll functionality.
All versions of this online accounting software come with free access to KashFlow’s support team. The company gives you support through the standard phone and email channels, but you can only call a U.K. phone number. However, you can bypass this issue and contact KashFlow by email or chat.
KashFlow offers VAT support and works well for companies based in the U.K. It’s not necessary for your company to be located in the U.K. for this small business accounting software, though. You can still take advantage of its easy-to-use and completely customizable interface if you live away from the U.K., but you might have some trouble getting live support if you do live somewhere else.
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