Last Updated 03 July 2017 | By:

Kashoo Review

Is It Right For You? (Pros, Cons & More)

Kashoo Accounting ReviewRunning a small business means you often wear multiple hats, juggling everything from client acquisition to marketing and managing day-to-day around the office. Your time’s valuable, and adding full accounting services or handling your finances in-house can be daunting.

However, leveraging solid accounting software can be one of the best decisions you’ll make as you grow, and we want to help you select the best option.

Welcome to Startup Savant’s Kashoo review, where we’ll take you through their most popular features, package options, and pricing to see if they’re a good fit for your accounting needs. As you’re shopping around, it’s important to have quick facts you can compare/contrast without having to dig through tons of info. Enjoy!

Some Kashoo Pros & Cons

Pros

  1. Kashoo is known for its simple, accessible, accurate, organized, and secure approach to dealing with business bookkeeping.

  2. Create, customize, and send professional invoices to your clients in a snap, and easily sync bank accounts and transactions with Kashoo. Also, their bank-reconciliation feature is available in over 5,000 banks worldwide.

  3. Collaborating with employees, business partners, or your accountant is easy! Kashoo enables permission-based sharing so you’re able to work together securely.

  4. Kashoo is cloud-based software, so it’s compatible with any web browser and device, and you can download the mobile app for on-the-go access.

  5. You don’t have to worry about information being lost or copied, because Kashoo delivers bank-level encryption, automatic backups, and PIN/Touch ID mobile security to ensure data stays safe.

  6. Kashoo tracks through real-time reports – income, expenses, accounts receivable, accounts payable, etc., complemented with plenty of integrated apps to help you with anything from payroll to invoicing.

  7. You get tons of useful training resources, such as an extensive video tutorial library, how-to support articles, Kashoo U, free live webinars, and more.

  8. Tracking expenses is easy. Just take a picture of the receipt and enter it into your account. Kashoo generates all the reports you need, from accounts receivable to profit and loss— giving you tools to lead you to better business decisions.

  9. Through Kashoo’s quick-entry feature, you’ll be able to enter any data in just one click and survey it all at once on your screen.

Cons

  1. Because Kashoo’s cloud-based, some people feel it’s a drawback that it’s inaccessible if there’s no internet connection. The mobile app includes an offline version, but you’ll need to wait for a connection to sync your data.

  2. At this point, Kashoo’s mobile app doesn’t have all the features of its web-based program. To be fair, this is somewhat common in the industry.

  3. Kashoo isn’t designed for midsize to large enterprise businesses. If you have extensive needs, look into an alternative like Xero.

  4. Kashoo isn’t the most comprehensive accounting software on the market. It may lack features your specific business needs, so do your research to get a full understanding of its capabilities before diving in.

Kashoo Pricing Structure

Kashoo’s pricing structure is as straightforward as they come: one level, one tier, one price. You either pay $19.95 per month, or you can get a 20% discount with an annual plan.

Plus, you can give it a spin for two weeks through a free trial that’s fully-stacked with all the Kashoo’s feature in the screenshot below without having to hand over your credit card.

Kashoo Pricing

As your business expands, you’ll never have to worry about outgrowing your current plan or paying more when you bring on more customers. For small-business owners wanting a simple, easy-to-learn software option, Kashoo may be for you.

 

Popular Subscription Features

  • Invoicing
  • Expense Tracking
  • Credit-card Payments
  • Automated Reports
  • Bank Reconciliation
  • Data Security
  • Single Financial Dashboard
  • Mobile-app Integration
  • Free Training & Webinars

 

A Quick Look Inside Kashoo

Below are three revealing screenshots of the software in action so you can get an idea of how it feels and behaves.

Kashoo Cloud Accounting

Your user dashboard is your homebase for navigating elsewhere in the software. You can easily enter transactions or expenses from this screen, as well as get an overview of your key financials in the right column.

Kashoo SME Review

You can see their features as well by looking at the navigational menu on the left—upgrades, different kinds of reports, and add-ons (if you choose or integrate any).

KaShoo Balance Sheet Review

Then, as you’d expect, when you choose a certain section the software automatically populates your data and from there you can either choose to view it or make changes as needed. It behaves like most other accounting software in these respects, but with its own kind of presentation / user experience.

Kashoo Customer Reviews

Customer ReviewsFor the most part, Kashoo’s customers enjoy the user-friendly interface, but they gripe about the lack of advanced features. Again, Kashoo strikes a balance between providing enough for simplified accounting without bogging down their approach, but If you need lots of advanced features consider Xero or even FreshBooks.

Also, there aren’t any cash-based options, no estimates feature, and reports and integrations are lacking. Some reviewers praise Kashoo for being Canadian-based and best for Canadian businesses (although they do boast positive reviews from American and other international users as well).

Overall, a good portion of their users consider Kashoo’s training unmatched, with free unlimited customer support, webinars, and Kashoo U. They also enjoy being able to use unlimited active clients and multiple users, which you won’t find with every other accounting software out there.

How Does Kashoo Compare?

Kashoo ComparisonKashoo’s user base is into the hundreds of thousands, so they’re definitely a legitimate alternative to titans like QuickBooks and Xero. Xero and QuickBooks offer more advanced features and may require additional training and setup time, while Kashoo takes just a day to get started.

They’re also applauded as one of the most streamlined accounting software solutions, ideal for solopreneurs/freelancers and small startups. Their 14-day free trial is nice, but the payment-processing functionality needs work.

The cost of the software is lower for larger businesses compared to other software options, since the flat-rate pricing is ideal for growing businesses. As Kathy Yakal at PCMag.com puts it, “Kashoo is good at income and expense management, it’s easy to use, and has good mobile apps but lacks the breadth, depth, and customizability of top competitors.

HERE’S A QUICK VISUAL

Xero
  • Pricing Starts at
    $9/month

  • 600,000+ users

  • Perfect for:
    Anyone needing affordable, comprehensive & flexible accounting software

Visit Website
Kashoo
  • Pricing Starts at
    $19.95/month

  • Unknown # of users

  • Perfect for:
    Anyone needing an easy & user-friendly accounting software that has incredible customer support

Visit Website

Frequently Asked Questions

Do I Really Need Accounting Software?

Yes. With accounting software like Kashoo, it’s much easier to track expenses and keep financial records of business activities. All data is stored in one cloud-based storage place so it’s at your fingertips whenever you need and you can quickly refer back to it and see how your business is doing at a glance.

Will Kashoo Replace My Need for an Accountant?

No, it just allows you to take more control over your financial records and simplify your processes. Software like Kashoo also allows you to tie in external accounts, automate and streamline your payments and recurring bills, and collect payment so you don’t have to worry about individual inputs or sifting through each receipt come tax time.

Any Hidden Fees?

Nope, and there’s even a flat pricing structure! You’ll always pay the same rate. In fact, many active users claim that because of this feature, Kashoo is the best value for any software they’ve used when their client base and number of expenses, transactions, and accounts increase.

How Secure is Kashoo?

Kashoo ensures three things when it comes to your security: no unauthorized access, that your data will be available when you need it, and that you can export your own data. Their servers are both digitally and physically secured and monitored to ensure information is airtight, and they keep backups. But in case you prefer to keep your own backup files, you can easily export your data into Excel at any time.

Should You Use Kashoo?

If plans that are based on number of active clients or other parameters make you weary, Kashoo’s pricing structure is tough to beat: they’re simplified, one-tier approach gives you their full features for $19.95 per month, and you can grow your business without having to think twice about your accounting plan.

Think Kashoo could be for you? Give it a go with their free trial today, or check out some of our other reviews to compare your options—we’re thrilled to help you find the best fit!

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