Kashoo

Invoicing, expense tracking, bank reconciliation, and financial reporting.

Kashoo Overview

Kashoo is a user-friendly cloud-based accounting software designed for small businesses and freelancers. It streamlines financial tasks with features like invoicing, expense tracking, bank reconciliation, and real-time financial reporting. Kashoo supports multiple currencies, integrates with payment platforms, and offers mobile access for on-the-go management.

Its intuitive interface and automated processes help users save time, stay organized, and maintain accurate financial records without needing extensive accounting knowledge.

Key Features

  • Invoicing: Create, customize, and send professional invoices quickly. Track payment statuses and accept credit card payments via integrations like Stripe, ensuring efficient cash flow management.
  • Expense Tracking: Capture and categorize expenses on-the-go using mobile receipt scanning. Automatically syncs expenses for tax preparation and financial reporting, simplifying expense management.
  • Bank Reconciliation: Connect bank accounts for real-time transaction feeds. Automatically categorize transactions and reconcile accounts, reducing manual data entry and ensuring accuracy.
  • Financial Reporting: Generate essential reports like profit & loss, balance sheets, and cash flow statements. Provides real-time financial insights for better decision-making without requiring accounting expertise.
  • Multi-Currency Support: Invoice and transact in multiple currencies (e.g., Dollars, Pounds, Euros), ideal for businesses with international clients, ensuring seamless global operations.
  • Mobile Accessibility: Access full accounting functionality via iOS and Android apps. Manage invoices, expenses, and reports remotely, with real-time data syncing across devices.
  • Customizable Chart of Accounts: Set up and organize income, expense, asset, liability, and equity accounts to fit specific business needs, supporting double-entry accounting for accuracy.
  • Tax Compliance Support: Automatically populate tax forms (e.g., GST/HST for Canada, IRS-compliant reports for the U.S.), simplifying tax preparation and ensuring regulatory compliance.
  • Third-Party Integrations: Sync with tools like Stripe, Square, Google Workspace, and Payroll services to enhance functionality and streamline payment processing and data management.
  • User-Friendly Dashboard: Display key financial metrics, such as income, expenses, and net cash, with visual charts for quick insights, designed for non-accountants.

Price

Plan Name Monthly Price Annual Equivalent Key Features
TruelySmall Invoices $0 $0 Basic invoicing, estimates, payments, income & client tracking
TruelySmall Accounting $20 ~$216/year Adds expenses, reporting, double-entry ledger, sales tax
Full Kashoo Plan $30 (flat) $324/year Includes advanced reporting, multi-user, inventory, payroll, projects, multi-currency

Pricing link: https://kashoo.com/pricing/

Pros

Competitor Pros of Kashoo
FreshBooks Kashoo sets up faster and stays simpler. It covers invoicing, tax tracking, and double‑entry accounting and supports multiple currencies. Its interface stays clear and straightforward, which is ideal for users who prefer simplicity over numerous features.
QuickBooks Online Kashoo charges a flat monthly fee, which stays predictable. It includes strong customer service and is easier to use than QuickBooks, which can feel overwhelming with its many tiers and advanced tools.
Xero Kashoo trades extensive features for ease of use. It still supports essential tasks like multi-currency, reporting, invoicing, and expense tracking. For users who don’t need project or inventory management, Kashoo is less complex.
Wave Unlike Wave, which is free but offers limited support, Kashoo comes with real support and a polished experience. It retains core accounting tools while delivering better guidance and cleaner automation.
Zoho Books Kashoo keeps things simple and direct, without layering features the way Zoho Books might. It provides strong, focused bookkeeping and invoicing with an easier learning curve for small teams.

Cons

Competitor Cons of Kashoo
FreshBooks Kashoo lacks time tracking and project management, which FreshBooks offers in all plans. If you need to track billable hours or manage projects, FreshBooks is hard to beat.
QuickBooks Online QuickBooks includes advanced reporting, payroll, and more automation. Kashoo’s feature set feels limited when you need deeper controls or workflows.
Xero Kashoo does not offer inventory tracking, project billings, or wide third-party integrations, all of which Xero supports well.
Wave Wave is free for core functions, so if cost is the top concern, Kashoo’s monthly fee—even if simple—may feel unnecessary for very basic needs.
Zoho Books Zoho Books often offers more automation and customization at similar or lower prices; Kashoo may feel under-powered if you want advanced workflows or scalable features.

Verified Customer Reviews