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Features, pricing, alternatives and more


Kashoo: Quick Facts

Starting price: $30/month. or $324/year.
Key points:

  • Simple and beginner-friendly interface.
  • Specific functions in Canada.
  • More expensive than competitors.
  • Lack of advanced features.

If you’re looking for simple, no-frills accounting software, then Kashoo is ideal. This beginner-friendly title features a beautiful user interface, automated features, and other benefits.

Kashoo serves customers in the United States and Canada, so the software also complies with Canada Revenue Agency regulations, as well as IRS requirements in the United States.

There are, however, drawbacks. While it’s a great starting point and a solid option for small businesses, some businesses might eventually outgrow Kashoo’s limited features. The platform is also more expensive than its competitors. Additionally, many functions, such as receiving payments, rely on third-party companies.

Let’s see if Kashoo is the best accounting software for your current stage of business.

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Kashoo rates

In keeping with its theme of simplicity, Kashoo doesn’t offer multiple pricing tiers. Instead, you get everything for one flat rate. You’ll pay either $30 per month or $324 per year. You can also take advantage of a 14-day free trial.

Basic rate Credit card processing fees (via WePay) Chargeback fees
$30 per month (or $324 per year if paid in advance) 2.9% plus $0.30 per transaction $15 per event

Kashoo Costs Compared to Competitors

Despite Kashoo’s simplicity, it’s not a better deal than its competitors. For example, QuickBooks Online offers similar features in its Simple Start plan for $30 per month. Sage Accounting only costs $25 per month, but it offers more bang for the buck.

Competitor Starting price (per month)
QuickBooks Online $30
Sage Accounting $25 (or $10/month for the lightweight Accounting Start plan)
Xero $13 with limited bills, $37 unlimited
Zoho Books $0 for 1,000 invoices per year

Compared to these choices, Kashoo is not the best value. However, its price may be justified if you greatly value simplicity and a beginner-friendly interface. It’s also more attractive if you need specific help in Canada. Yet many alternatives also offer an easy-to-digest experience that serves both the United States and Canada well.

So if you want to get more bang for your buck, QuickBooks Online is a better deal. This competitor offers unlimited bills for the same cost. Plus, you can opt for multiple plans as your business grows.

SEE: 8 Best Business Accounting Software for 2023

Main features of Kashoo

Double entry accounting

Kashoo supports double-entry bookkeeping, a benchmark among accounting professionals. This advanced system documents the finances of investors, auditors and even lenders.

Most high-end accounting software supports double entry. But Kashoo makes it easy, because you can enter debits and credits on the same screen. This time-saving feature eliminates the need to manually enter data into separate areas of the platform.

Specific functions in Canada

We discussed Kashoo’s allegiance to Canada. And without a doubt, the platform offers a full-fledged experience for the Canucks.

To begin with, the platform natively supports French spoken in Canada. And when it comes to your business’s dollars and cents, you’re in luck. Kashoo seamlessly connects to most Canadian banks on the platform. This access is attractive since many competitors, like Xero, do not support most institutions north of the U.S. border.

Tax time is also a breeze. Kashoo can complete your GST and HST tax documents for you. However, he will not send it to the Canada Revenue Agency. You are still responsible for this. However, this feature saves a lot of time and includes country-specific guidelines.

SEE: Best accounting software for multiple businesses in 2023

Receipt downloads on iOS

If you collect a lot of paper receipts, the Kashoo app for iPhone and iPad can easily capture photos. This time-saving benefit can help you quickly enter proofed transactions. An Android application is however behind in development, but Apple devices excel in this area.

Unlike some competitors, the mobile app does not automatically populate transaction data based on receipt analysis. Still, the iOS tool is incredibly easy to use. This ease of use makes it easy to generate invoices in the field, with fewer clicks required than competitors. And once receipts are uploaded, you can organize a receipt database based on price, date, and other factors.

The advantages of Kashoo

Automated Features

The platform automates many things, saving business owners time. For example, Kashoo can categorize hands-free banking transactions. As soon as your debit card is swiped, the platform registers it. Many tax reports and documents are also populated automatically. The same goes for payroll deductions, which can be recorded according to a set schedule. These smart features free up valuable time for resource-strapped small business owners.

No jargon

Having a beginner-friendly user interface is great. But add confusing jargon and you’ll quickly feel lost. Fortunately, Kashoo’s linguistic approach focuses on demystifying accounting terminology. The platform uses familiar and well-explained terms as much as possible. For example, the tool specifies that “debit” and “credit” have different meanings in accounting and in general public usage. Most competitors assume you already understand this confusing concept.

Printing paper checks

Kashoo lets you print traditional paper paychecks. You will of course have to provide the checks. But a template and walkthrough are included. The software partners with Dynamic Systems in the United States and Check Print in Canada to help you acquire compatible supplies, such as checks and rubber stamps.

Disadvantages of Kashoo

Limited credit card payment options

If you send invoices with Kashoo, you will only have two options for getting paid. You can either connect Stripe or use the platform’s integration with WePay, a third-party payment processor owned by JPMorgan Chase. No other options, such as PayPal or Apple Pay, are supported.

So if you want a different processor, you have to arrange it yourself outside of the platform. This naturally causes a disconnect between your data in Kashoo and your chosen payment processor.

Inconvenient customer support

Telephone support is available weekdays only, from 6 a.m. to 5 p.m. Pacific Time. So if you live in the Central or Eastern time zones, you may be lost if you run into problems late in the day. Besides phone support, there is limited chat and email functionality, partially powered by bots.

QuickBooks, for comparison, offers similar times for each time zone. Others, like Xero, have 24/7 live support.

Few educational resources

The platform provides technical documentation on how to use it. But beyond these basics, Kashoo’s knowledge base is minimal and outdated.

There are no community resources, such as forums or live training sessions. And the company’s educational guides are several years old. About two-thirds of the platform’s training articles have remained intact since 2014. Even the company’s news blog is aging, with most articles dating from 2022 and earlier.

Ultimately, if you’re still learning the ropes of accounting, you’ll need to look elsewhere for up-to-date documents.

If Kashoo isn’t ideal for you, check out these alternatives

QuickBooks Online

QuickBooks Online is a powerhouse in the accounting software market. Unlike Kashoo, the platform offers various plan options that cover almost all the features you will need. This variety allows you to choose your perfect price and features.

This alternative software choice is also renowned for its extensive third-party integration capabilities. Indeed, it is a benchmark for integrating business software with QuickBooks. You will have no problem connecting your favorite bank and business software.

Finally, QuickBooks Online is very beginner-friendly. Intuit, the title’s parent company, hosts a vibrant online community and a wealth of educational resources. These tools ease the learning curve for newcomers.

Wise

Sage offers more features than Kashoo for a lower price. More specifically, the company offers a complete software ecosystem. For example, you can connect accounting to the human resources tool. An inventory management solution is also available, among other offerings. With Sage, you’ll get everything you need to run your business, not just accounting software.

Additionally, Sage gets high marks for its customer service. Live agents are available 24 hours a day.

Fresh books

FreshBooks primarily targets service businesses and freelancers. It is carving out a niche for itself with its customer-focused offerings. These benefits include automated deposit invoices and customer check-ins.

The platform is particularly attractive for its time tracking function. With this tool, you can determine every last second and bill customers with laser-like precision. For comparison, Kashoo does not offer similar capabilities.

Review methodology

We took advantage of Kashoo’s free trial and carefully analyzed its technical documentation to determine its features and capabilities. We also sorted through customer reviews and carefully compared the platform to its competitors to create this review.

Who is Kashoo best for?

Kashoo is the best choice if you are looking for a quick and easy accounting solution. Given the platform’s limited advanced features, it may be better suited if your business is smaller and limited in scale. Simply put, it’s not the cheapest option in the industry nor the best value for money. But it’s easy to use and it only takes a few minutes to get started.

If Kashoo doesn’t seem like the best solution, consider one of the alternatives we’ve suggested: QuickBooks, Sage, or FreshBooks. You can also check out our top picks for accounting software to see what other options are out there.



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