Good day to you, and welcome to Startup Savant’s LessAccounting Review where we’re going to breeze through their package options, most popular/functional features, and take a gander at their pricing. The idea here is to give what you need to make an informed decisions about whether it’s the accounting software solution for your platform. We’ll start with looking at their features through pros and cons. Enjoy!
Most Popular LessAccouting Features
- Keeps track of your business expenses as well as easily recording and categorizing.
- You can create, customize, and send invoices in just one click.
- Stores hundreds of templates which you can customize and use to make your own unique proposal.
- Has a mileage tool that enables you to track business trips and hours worked outdoors for easier billing.
- Has a robust CRM in place to store all your clients and contacts; you can even transfer your contacts from apps such as Highrise, Basecamp, Gmail, etc.
- Accounting tasks are completed in just minutes with LessAccounting’s easy-to-follow accounting workflow.
- Has an import data function that gives you the freedom to integrate data from thousands of domestic US banks and international banks.
- Useful third party apps are available.
- LessAccounting is cloud-based which means that it’s compatible with any type of web browser and operating system (Mac, Windows, Linux).
- Although LessAccounting has good pricing, it’s not the most affordable.
- You cannot use the software without an internet connection.
- Lacks multi-currency and multi-language support.
- Lacks an integrated payroll system that providers like Xero or FreshBooks has.
A Quick Look Inside LessAccounting
Now, after that bombardment of bullet-points let’s take a look 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/mind. But you may feel differently so let’s dive in.
Not too shabby, right? Decently clean, not overtly complex, pretty simplified navigation. So let’s look at one of the biggest features of accounting software for small-biz…invoice control.
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 by any means.
And 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 accouting, invoices and everything else. So four primary sections: Dashboard overview, Transactions, Invoices, and the general reports tab.
LessAccounting follows a very simple setup when it comes to their subscriptions. There are four categories: Tiny, Freelancer, Team, and Business. It’s should be clear who they’re designed for. The table below shows each category’s pricing and how they’ve broken things down by company expenses.
These prices are fairly reasonable considering all the features you’ll get. But there are other providers that give Freelancer/Team/Business-style features for a bit less. Regardless, here’s a list of features that are available:
- Invoice Management
- Contact Management
- Reporting Tool
- Bank Reconciliation
- Proposal Tool
- Mileage Tracker
- Budgeting Tool
- Multi-Currency Support
Leverage LessAccounting If…
- You want an easy cash flow dashboard which you can use on a daily basis to monitor your expenses.
- You want to ensure that your business is following the rules and regulations.
- You want accounting software that you can use anytime, anywhere with an internet connection.
- You’re using complicated accounting software and want a more straightforward and user-friendly application.
- You want accounting software that’s downloadable cloud-based and extremely light weight.
- You want less comprehensive options vs software that’s all or nothing.
The Final Verdict
Both LessAccounting and Xero are quality accounting software solutions. Both are well-made, intuitive, relatively easy to get the gist of. But, there's a big difference in pricing and we also feel Xero comes out on top in terms of overall management potential.
Try Xero Or Try LessAccounting