Kashoo is a nice accounting software for start-ups and small businesses  who do not deal with inventory and maintain few contacts. Reports are decent and allow you to drill down and are accurate.

Kashoo offers multi-currency, but like in most online accounting suites, there is no way to track multi-currency balances, but are rather converted to base currency.

Getting Started

Kashoo getting started is an easy todo item and welcomes you with YouTube video guides. It also incorporates great navigation, having all menu items on the left side bar.

Dashboard is unique. Honestly, it is the first time we came across such a user interface. Looks good. However, distinguishing between “Enter Income” and “Enter Invoice” fractures kashoo from general accounting and such deviations are common among online invoicing or accounting programs as we observe. User management in Kashoo is very basic, and you cannot create custom roles to control relevant sections, but rather define users as “View/Edit”, “View only”, and “No Access”.

Adding Contacts

We started off adding Customers and Suppliers into the system. Nothing daunting, but lacks validation for duplicate entries. Bulk upload feature that we tested worked fine, and is similar to that of in Clearbooks. However we find it strange to bind income account to Customer. This can be justified if you have quite few customers and looking for representing income account by customer. Otherwise, we do not see any logic of such a bondage.

Invoicing

In Kashoo, subscribers can issues service invoices easily. It also gives extra flexibility to allocate invoice line items to income accounts, but then we see no reason why we related customers to income accounts if sales invoice line items cannot be populated from Customer income accounts.

So, time came to receive payments from customers and Kashoo’s navigation is something to appreciate at moments like these.  But in Kashoo we had to receive payment by invoice. Of course we are making much ado about nothing if you have quite few customers and/or few invoices, but if otherwise this is not something you can pat Kashoo for.

Expenses

In Kashoo, we could easily create expenses and registering bills. We also liked the fact that you can relate expenses or bills to Unpaid Accounts Payable or Bank account if paid immediately.

Reports

Kashoo provides basic reports such as P&L, Balance Sheet, Aging Reports, Account Register, and change logs. We liked the representation of changes log in Kashoo, and we could easily tell and see who did what.

Reports are printable into HTML, PDF, CSV and Excel. Overall reports provide basic financial and management statements.

Conclusion

Kashoo is a nice online accounting software for start-ups or businesses in service industries that do not deal with inventory and maintain few transactions and/or  contacts (customers/suppliers). Although Kashoo provides user roles, we consider it very basic, and will not be able to provide proper segregation of duties for small and medium businesses.

Functionality rating:  40%

Source: SMEAccounting