Last Updated 03 July 2017 | By:

LessAccounting Review

Is It A Reliable Software?

Less Accounting ReviewWhen you work for yourself or are running a small startup, simple and effective accounting software with everything you need is incredibly valuable to your business. You need a software platform that makes life easier to manage, allowing you to spend time on the work you love.

But which software’s best for your needs? LessAccounting is definitely an option.

They’re a stripped-down and streamlined accounting software that offers the basics without weighing you down with really advanced (or an overwhelming number of) features. In our LessAccounting review we’re going to walk through some of its pros and cons, popular features and pricing, customer feedback and more. Enjoy!

LessAccounting Pros & Cons

Pros

  1. The software is backed up often and does a good job tracking, recording and categorizing business expenses.

  2. You can create, customize, and send invoices in one click. It’s literally designed to decrease the time-demand for accounting.

  3. They have hundreds of templates you can customize and use to make your own unique proposals for each client or project.

  4. Use their built-in mileage tool, which enables you to track business trips with ease for simplified billing.

  5. A robust CRM stores all of your clients and contacts, and you can transfer your contacts from apps such as Highrise, Basecamp, and Gmail.

  6. Most basic accounting tasks are completed in minutes a day with LessAccounting’s easy-to-follow workflow. For example, it offers an import data function that gives you the freedom to integrate data from thousands of domestic US and international banks.

  7. There’s plenty of useful third-party apps available if needed or desired.

Cons

  1. Although LessAccounting has what we and plenty of others consider reasonable pricing, it’s not the most affordable. Technically, you can get what they offer (in different workflow styles and unique user-interfaces) for less money through alternatives like Xero or QuickBooks.

  2. As this is the modern era, not everyone enjoys the fact you can’t use the software without an internet connection.

  3. Currently, LessAccounting lacks multicurrency and multilanguage support. Although to be fair, this could change in time.

  4. And finally, the last con we’ll mention is that the software currently lacks an integrated payroll system that, again, providers like Xero or QuickBooks offer for less.

LessAccounting Pricing & Features

LessAccounting follows a simple setup when it comes to their subscriptions. There are three plans: Freelancer, Big Business, and Small Business. The table below shows each package pricing and how they’ve broken things down by company expenses.

LessAccounting Features

Additionally, you can include bookkeeping services for an additional cost. This service is broken into five categories, also based on company expenses:

LessAccounting Pricing

These prices are what they are, take ’em or leave ’em. But remember, there are other providers that give these types of features for a bit less. Regardless, here’s a quick list:

  • Invoice Management
  • Contact Management
  • Reporting Tool
  • Bank Reconciliation
  • Proposal Tool
  • Mileage Tracker
  • Budgeting Tool

 

A Look Inside LessAccounting

Let’s peek inside the software through four screenshots that should give you an idea of how it feels and behaves. We personally use and prefer Xero because we feel it’s easier to manage, and to be frank, their style of presenting data is easier on the eyes and mind. But you may feel differently.

LessAccounting A Look Inside

Decently clean, not overly complex, pretty simplified navigation. Now let’s look at one of the biggest features of accounting software for small businesses: invoice control.

LessAccounting Dashboard

And then we’ve got the transactions section, which is broken down further and provides drop-down selections to get more specific or edit data to your preference. Obviously the learning curve isn’t extensive.

LessAccounting-Transactions

Finally, here’s the section where you can look over your financials and choose what you want to do in terms of using reports, tackling your accounting, invoices, and everything else. There are four primary sections: dashboard overview, transactions, invoices, and the general reports tab.

LessAccounting Reports Tab

LessAccounting Customer Reviews

Customer ReviewsIn general, the overall opinion of LessAccounting is above average, or roughly 7 to 8 out of 10 when we factor in its usability, pricing, integrations, and customer service. You’ll be hard-pressed to find a complete beginner’s perspective. Nearly all current reviews are from people well-accustomed to accounting software or among those who’ve switched from QuickBooks.

That being said, everyone agrees the setup and transition. Their slogan, “10-minute basic bookkeeping,” hits the nail on the head in terms of usage and should you need it, their 30-minute introduction video does a good job of explaining everything.

How Does LessAccounting Compare?

Like FreshBooks or Xero, LessAccounting is another genuine QuickBooks alternative for primarily smaller brands and startups who don’t need as many robust features and complexity in their accounting software. So, it’s streamlined, convenient, and a bit more expensive. Or as Kathy Yakal puts it in her review, “LessAccounting considers itself an alternative that offers only the basic tools that a small business needs: income and expense tracking, invoices and proposals, mileage tracking, and reports wrapped in a double-entry accounting framework that can connect to multiple financial institutions and download transactions.

HERE’S A QUICK VISUAL

Xero
  • Pricing Starts at
    $9/month

  • 600,000+ users so far

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

Visit Website
LessAccounting
  • Pricing Starts at
    $20/month

  • Unknown no. of users

  • Perfect for:
    Anyone needing a robust, less complex accounting & bookkeeping platform

Visit Website

Frequently Asked Questions

Do I Really Need Accounting Software?

Yes, it’ll help you get your books in order for your own internal use when making business decisions, and you’ll have control over your finances. It’s crucial to choose one that gives you the tools you’ll actually use. So if you don’t need advanced tools, software like LessAccounting could be exactly what you’re after without cluttering your platform with unnecessary features.

Does LessAccounting Replace the Need for an Accountant?

No, but it makes it easier to work with them when planning for the year, filing taxes, or making big business decisions. LessAccounting also offers bookkeeping services at an additional fee that will help you simplify your accounting processes even further without having to hire a full-time accountant.

Is the Subscription All I Pay For?

You’ll pay for the accounting software, and if you want to add bookkeeping services, factor that in on top of your base rate depending on your company’s monthly revenue levels (it scales). If you’re unsure, you can start a 14-day free trial and if you’re not super-happy with your plan right away, they do offer a 60-day money back guarantee. It’s worth trying for a couple months if you’re on the fence.

How Secure is LessAccounting?

Yes. They ensure the security of your data. They encrypt all sensitive information, and their data centers are physically secured and under surveillance at all times. We’ve heard no complaints.

Is LessAccounting The Right Choice?

If you’re a solopreneur, freelancer, or startup owner, LessAccounting may be a good fit. Their simple features and workflows let you focus on the tools you need with minimal training, letting you focus on your business with less hassle. Use the link below to get started today.

Looking for a different assortment of features, or want to compare pricing plans between providers? Continue your research through our top accounting software guide.

Visit LessAccounting Or Visit Other Options