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Kashoo Accounting Software Review

By
Lori Fairbanks
,
business.com writer
| Updated
Sep 13, 2019
Home
> Finance
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If your business wants basic accounting and bookkeeping software, Kashoo offers a quality service. The software sticks to the essentials, which is beneficial for many small businesses.

Kashoo Accounting Software

Kashoo Accounting Software

The Best Accounting and Invoicing Generating Software

The Verdict

Kashoo is a good option for small business owners who need simple accounting software for bookkeeping and invoicing, but it may be too basic for some businesses, as it lacks pre-invoice documents and inventory tracking.

Kashoo is simple online accounting software for small businesses that makes it easy to track the money coming into your business as well as your bills and expenses. You can use it to create and email invoices to your customers, accept online invoice payments, and generate reports, such as an income statement, balance sheet and general ledger. It supports multiple users for no additional cost, and your account gives you access to its mobile app for iPhone and iPad users. 

Visit our best picks page to see all of our recommendations for small business accounting software.

Pricing

Kashoo has simple pricing with a single plan and allows you to choose either a monthly or annual subscription. You'll save money if you pay annually, as it has a nice discount for this option. If you're nervous about committing, you can use the company's 14-day free trial to check out its features and make sure it's the right accounting software for your business. Here are details on Kashoo's pricing: 

  • The Kashoo accounting software and mobile app costs $29.95 per month (or $16.65 with annual prepayment). It supports an unlimited number of users and includes phone support. 
  • You can add multiple businesses to your account for $13.95 per month per organization. A discount is available if you pay annually ($139.95). If you want to add more than five businesses, we recommend that you contact the company for a quote. 
  • Kashoo Payments makes it easy for your customers to pay their invoices online. It costs 2.9% plus 30 cents per transaction. You can also accept online invoice payments through Stripe and BluePay.

Ease of Use

Like most of the accounting programs we reviewed, Kashoo is easy to set up. It asks for some basic information, including your business structure and industry, then welcomes you to the program with a popup box that explains how the dashboard works. This is useful, because the dashboard is quite different from most accounting programs. Instead of displaying graphs and charts with an overview of your business's financial health, it has what it calls the Workspace, with quick-entry fields for income and expenses. The right sidebar shows Quick Reports, which is a summary of your accounts, unpaid invoices and bills, and taxes. 

The action menu along the left side of the screen lists tasks at the top so you can quickly get started with your accounting duties. In the middle it shows your lists for clients, suppliers, items, projects and accounts, followed by reports at the bottom of the menu. Kashoo integrates with Paychex for payroll; this add-on option appears at the bottom of the menu. 

The usability and helpful integrations Kashoo offers are standard among the companies we reviewed. The best accounting software solutions are all easy to use and offer integrations with payroll software and other business software solutions.   

Timesaving Features

Kashoo is designed to be simple and has several tools to help you accomplish your accounting tasks quickly.

  • You can set up recurring invoices, which is a useful feature if your business offers subscriptions or you have customers with regular orders.
  • Its mobile app for iPhones and iPads allows you to create and send invoices, snap pictures of receipts, and view reports on the go. There isn't an app for Android users, though.
  • You can accept invoice payments online using Kashoo's credit card processing service or by connecting the software to your Square, Stripe or BluePay account.
  • The software connects to your bank and credit card accounts. When you reconcile your accounts, it simplifies the process by suggesting possible matches. 

Simplicity is Kashoo's strength. The software keeps things basic and makes sure the accounting process is easy for small businesses. Accounting tasks can be overwhelming for small businesses, so this is a nice approach to accounting software.

Other Features

You can track bills, manage vendors and enter information about products into the system, but it doesn't create purchase orders or track inventory. You can generate several different reports, including general ledgers, balance sheets, income statements and aged receivables reports. You can filter reports by date, project and other variables. 

From the Business Settings menu, you can turn on the Projects feature to track costs and income for specific clients or projects. However, there aren't any pre-invoice documents, such as estimates or quotes, which are commonly used by businesses that work with clients on a project basis. 

You can customize your invoices by selecting one of the seven templates and uploading your logo. However, there are no options to change the color or font or to toggle fields on and off. More extensive customization, such as adding more fields, requires XHTML and CSS coding. 

Kashoo has a handful of integrations you can use with it, but not as many as its competitors. Options include the payment processors mentioned above, plus Square, FreshBooks Classic and Paychex. 

Additional Considerations

There's no limit to the number of users you can add to this software, and you can set permissions to control the information each user can access. If you have multiple businesses, you can add them to your account and access them from a single-user login, though there is another (discounted) subscription fee for each additional entity, as mentioned above. 

If you need help using the software, you can reach customer support by phone, email and live chat, Monday through Friday, from 6 a.m. to 5 p.m. PST. You can also find several resources on the company's website. It has a searchable knowledgebase, weekly webinars, live workshops, step-by-step guides and a blog. 

Limitations

Kashoo is a good choice for small business owners wanting a simple accounting program, but in some instances, it may be too basic. It doesn't have pre-invoice documents such as sales orders, quotes or estimates. Although it can group invoices and expenses by project, it doesn't track time, which is a tool often included with project features. Retailers and other businesses that carry inventory may also find it lacking, as you can't use it to create purchase orders or track inventory. 

Unlike many of the accounting applications we reviewed, Kashoo doesn't have automatic payment reminders, nor does it offer an Android companion app. It doesn't track fixed assets but suggests a workaround using the expenses feature, though you have to figure out the depreciation schedule on your own.

It's not a perfect solution, but Kashoo is a solid option for the smallest businesses looking for basic accounting software.

Additional reporting by Bennett Conlin.

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Kashoo Accounting Software

Kashoo Accounting Software

The Best Accounting and Invoicing Generating Software

The Verdict

Kashoo is a good option for small business owners who need simple accounting software for bookkeeping and invoicing, but it may be too basic for some businesses, as it lacks pre-invoice documents and inventory tracking.

Lori Fairbanks
Lori Fairbanks
Lori Fairbanks has years of experience writing and editing for both print and online publications. After graduating from Brigham Young University with a Bachelor of Arts in English, she worked as a magazine editor and then as a freelance writer and editor for a variety of companies, including marketing firms and a medical university. She now writes for Business.com and Business News Daily about financial systems and services for small businesses, such as accounting software, credit card processing and point-of-sale systems.