Kashoo is an accounting software solution for small businesses. It enables users to manage their organization’s finances with a single, easy-to-use, cloud-based accounting solution. The web-based application supports small businesses as they organize transactions, track expenses, and process payments. Kashoo automatically updates journal entries and comes with double-entry ledger support to help increase financial management accuracy and simplify accounting processes.
Kashoo is headquartered in Vancouver, British Columbia, and provides accounting software solutions to businesses in more than 180 countries around the world in various industries and vertical sectors.
What Is Kashoo?
The Kashoo accounting system helps small businesses track and manage their finances with a set of easy-to-use financial management tools. The user-friendly system offers standard accounting and accounting-related capabilities that range from invoicing to payment processing and reporting. Kashoo’s website states that the solution was created for business owners, not bookkeepers, and that it was designed so users could spend more time finding ways to grow their businesses instead of grappling with complicated accounting tasks.
What’s Included in Kashoo?
Kashoo comes with features that help users streamline their accounting processes. Users can create custom-branded invoices and collect credit card payments online. The system comes with a customizable chart of accounts that enables organizations to organize their finances as they see fit. Kashoo includes inventory management as well, for comprehensive stock control functionality. The application also takes measures to protect sensitive financial data with 256-bit single-socket layer (SSL) encryption, user access permissions, and daily system backups that mitigate data loss in case of service interruptions.
Benefits of Using Kashoo
A major benefit of using Kashoo is that users without accounting training can still manage their organization’s finances with a simple-to-operate bookkeeping solution. It saves users time by automatically updating journals and ledgers after transactions, which reduces time-consuming and error-prone manual data entry requirements. It also streamlines the invoicing process with the ability to send and track invoices, as well as to get paid faster with online credit card payment processing capabilities. Kashoo’s included security suite is beneficial as well, allowing users to better protect their sensitive financial data and to easily recover any lost data in the event of cyberattacks, technical failures, or natural disasters; users can simply load the most recently-saved backup and resume work.
Kashoo is available for $30 per month, per account and comes with multiple user support. Additional accounts (i.e., additional entities) can be added for an additional $30 per month for each account. You can visit the pricing page on Kashoo’s website for details.
Kashoo competes with many accounting solutions specifically designed for small businesses, including QuickBooks, Wave Accounting, FreshBooks, AccountEdge Pro, and Xero.
Many Kashoo users shared their opinions of Kashoo accounting software online, and these reviewers seemed to be quite pleased with the system. They reported that it was easy to use and affordable for small businesses with limited budgets. They also described the customer support team as responsive and helpful with troubleshooting.