Overview
What is Kashoo?
Kashoo, founded in 2008 and based in Vancouver, offers a simple cloud-based double-entry accounting platform for small businesses. It is mobile-accessible and includes many of the typical features required of accounting platforms, including receipt capture, automated invoicing, tax preparation, financial…
Powerful but not worth the headache
Basic small business Accounting tool
The perfect app for those who hate bookkeeping. Simple, covers all the bases, and just works!
Kashoo Review
Kashoo can doo when QuickBooks sucks...!
Kashoo is a simple yet full-featured bookkeeping software
Popular Features
- Cash management (5)8.787%
- Accounts payable (6)8.080%
- Accounts receivable (6)8.080%
- Bank reconciliation (6)8.080%
Pricing
What is Kashoo?
Kashoo, founded in 2008 and based in Vancouver, offers a simple cloud-based double-entry accounting platform for small businesses. It is mobile-accessible and includes many of the typical features required of accounting platforms, including receipt capture, automated invoicing, tax preparation,…
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
Alternatives Pricing
What is Xero?
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features…
What is FreshBooks?
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
Features
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 7API for custom integration(2) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 10Plug-ins(1) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 9.5Single sign-on capability(3) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 10Role-based user permissions(2) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 9.1Dashboards(3) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 9.5Standard reports(4) Ratings
The software offers pre-built reports with metrics standard to the category.
- 9Custom reports(2) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 8Accounts payable(6) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 8Accounts receivable(6) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 8.7Cash management(5) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 8Bank reconciliation(6) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 9.5Expense management(5) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 10Time tracking(1) Ratings
The software can track billable and non-billable employee time by project.
- 8Multi-currency support(1) Ratings
The software supports transactions across multiple currencies.
- 10Regulations compliance(1) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 10Self-service portal(1) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 7.5Global Financial Support(2) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 7.9Primary and Secondary Ledgers(2) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 8Intercompany Accounting(1) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 5.5Localizations(1) Ratings
Meet reporting requirements with country-specific localizations
- 7.9Journals and Reconciliations(4) Ratings
Automate and synchronize ledgers and processes
- 5Enterprise Accounting(1) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 7Configurable Accounting(1) Ratings
Configure accounting rules and segments for each chart of accounts
- 7.1Standardized Processes(3) Ratings
Centralize financial management to facilitate standardized financial processes
Order Management
The ability to process orders, and track them from quote to cash.
- 10Pricing(1) Ratings
Users can set up complex and unique pricing requirements.
- 10Order entry(1) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 10Credit card processing(1) Ratings
The software facilitates credit card processing.
- 10Cost of goods sold(1) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Product Details
- About
- Tech Details
What is Kashoo?
The Solo price plan for individuals running a sole business can be purchased for $5 per month or for $50 per year. The more advanced Business tier can be purchased for $20 per month or $200 per year, and includes unlimited users and project accounting, so as to manage a network of businesses or a business with multiple locations separately. Kashoo is a strategic partner of Paychex, and integrates with its payroll service.
Kashoo Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | No |
Comparisons
Compare with
Reviews and Ratings
(13)Community Insights
- Business Problems Solved
- Pros
- Cons
- Recommendations
Users have praised Kashoo for its simplicity and efficiency as a bookkeeping and invoicing software. It is widely used across organizations to manage basic accounting practices, such as creating and sending invoices, tracking income and expenses, and managing clients. The mobile app offered by Kashoo is well-designed and helpful, allowing users to create and email invoices on the spot while visiting clients. In addition, users have found Kashoo's customer support to be amazing, which adds to the positive user experience.
One of the key benefits of using Kashoo is its ability to automate invoices and repeating transactions. This feature allows users to save time and stay focused on running their businesses instead of struggling with bookkeeping. Moreover, users appreciate the convenience of accessing Kashoo through a browser or mobile app from different locations, making it easy to handle accounting tasks while on the go.
Kashoo provides a complete accounting solution for small businesses by allowing users to enter expenses, create tax reports, and view credit card balances. The comprehensive nature of Kashoo's features and the ease of accessing information through reports have been highly valued by users. Overall, Kashoo offers a reliable and efficient solution for businesses looking for simplified bookkeeping and invoicing processes.
Convenient Invoicing: Many users find Kashoo's invoicing feature convenient, as it allows them to easily create and email invoices directly from the platform. This functionality saves time and streamlines their invoicing process.
Easy Transaction Recording: Numerous reviewers appreciate how effortless it is to record transactions in Kashoo. They can quickly mark transactions as paid when they receive payments, making it simple to keep track of their finances and maintain accurate records.
Project Management Capabilities: Several users like the project management capabilities of Kashoo. The ability to assign projects to transactions provides a detailed understanding of specific projects, allowing for comprehensive profit and loss reporting for individual projects or the entire company.
Some users have mentioned that Kashoo lacks the ability to track multiple cards associated with a credit card, which can be challenging for businesses with several employees who have cards linked to the main account. Several reviewers have reported the transaction search feature in Kashoo as unreliable. They found that sometimes they need to input the complete word to get accurate results. Users have also highlighted the absence of inventory tracking in Kashoo, which may pose difficulties for businesses relying on effective inventory management systems. To address these concerns, Kashoo could consider implementing multi-card tracking, improving the reliability of transaction search, and introducing inventory tracking features.
Users highly recommend using Kashoo for small businesses with basic accounting needs. They find the software to be user-friendly and easy to navigate. Users suggest making use of the live chat feature and contacting the support team for assistance. They also recommend taking advantage of the training materials and online webinars provided by Kashoo. Additionally, users advise trying the free trial before committing to using Kashoo. It is also recommended to find an accountant who is familiar with Kashoo to help get started. Users suggest integrating Kashoo with FreshBooks and a payroll provider for seamless accounting operations. Overall, Kashoo is considered a valuable tool for self-owned service-based businesses and small businesses with basic accounting needs.
Attribute Ratings
Reviews
(1-6 of 6)Powerful but not worth the headache
- Reports
- Feature set
- The UI is not nice at all - even with a UI refresh, it still didn't look that great
- The UX is rough as well - it's not as easy to use until you get used to it - high learning curve
Basic small business Accounting tool
- Simple accounting tool
- Tracks expenses/income
- Send an invoice to clients
- Record journal entries
- Could use better onboarding
- Support could be better
- UI/UX could be better
The perfect app for those who hate bookkeeping. Simple, covers all the bases, and just works!
Automating invoices and repeating transactions help me stay focused on what I'm good at -- running my business -- instead of fumbling with bookkeeping.
- Mobile App.
- Invoicing.
- Kashoo works. I've never had an issue.
It's cloud-based, so I never worry about a hard drive failing, losing data, or pulling my hair out if I buy a new computer. If my company expands and I need to share data with financial professionals, there's a provision for adding users to your account.
It's just super-simple to use and works. I've recommended Kashoo to my friends for the past 5 years or so.
Kashoo Review
- Mobile app for scanning expenses.
- Straight to the point actions.
- Clean user interface (better than the QuickBooks icons!).
- Importing bank transactions with no upcharge.
- Receive credit card payments with no credit check.
- Multi currency on the mobile app.
- Customization of reports.
Kashoo can doo when QuickBooks sucks...!
Kashoo allows me to enter invoices, payments, create tax reportings, shows my credit card balance, and more.... everything I need.
- Great price
- Great support
- Real people help with accounting questions - unheard of!
- Mobile app for scanning receipts and entering expenses at no upcharge - spectacular!
- Missing Dashboard when you log in
- I had some multicurrency issues, as this is not supported on the mobile app
- Is nearly up to par with QuickBooks
- Much cheaper than QuickBooks
- Extra services are included
- Better documentation than QuickBooks
- The mobile app allows you to work on your books while you wait in the airport or sitting you know where... ;-)
- Invoicing - I can create an invoice and email it directly from within Kashoo. When a payment is received, it is simple to enter the transaction and mark it as paid.
- Projects - I can assign a Project to a transaction. This way I can get a detailed picture of a specific project on which we are working. I can run a P&L report of just that project or the whole company.
- Reconcile - Reconciling is a snap when you connect the account to the bank online.
- If you are doing bookkeeping for more than one company, Kashoo has support for that. You can easily switch between companies as needed.
- If a credit card has multiple cards associated with it, for example, several employees have cards that link to the main account, Kashoo does not have a way to track those cards individually yet still associate it to the main parent account. To be fair, I have not found a bookkeeping software that does this properly.
- The transaction search is a little funky. Sometimes I have to type in the complete word to find something, otherwise, it won't display the results I expect. I have only had this issue a few times, but it consistently happens for those specific searches.
- Kashoo does not track inventory.