Kashoo Accounting Software
Kashoo is whole accounting software that your accountant—and the tax man—will approve of. It’s double-entry. Its Profit & Loss statements and Balance Sheets that update with every entry. It’s how you manage your business.
Connect your online bank accounts and credit cards and start categorizing your income and expenses for painless income and tax reports. Create professional invoices and stay on top of your cash flow using Kashoo’s simple dashboards and reports.
Access your books from anywhere using our simple web application or award winning iPad app. Provide access to your accountant, business partner or spouse. Kashoo supports an unlimited number of collaborators.
If you're starting a new business or thinking about breaking from a traditional Mac or Windows small business accounting package, Kashoo's the first place you ought to look.
Kashoo is a cloud accounting software for small businesses and freelancers, available anytime, anywhere where you have an internet connection. While there are sufficiently of apps out there that let you send invoices or track expenses, Kashoo is more of a full-fledged accounting software program than many of its competitors. Other mobile apps, like Freshbooks or BambooInvoicing, only let you create and send invoices to clienteles or perform only particular tasks. Kashoo is a double-entry accounting program that lets you perform all necessary functions such as processing payments, sending invoices, tracking expenses, and more. This review covers six features available in Kashoo Accounting.
Kashoo's QuickView dashboard is considered to put the most significant key performance indicators for your business all in one screen. Here, you have easy access to financial statements and financial reports that are updated in real-time. As you enter new bookkeeping data, the financial metrics are also updated automatically through the Kashoo program, so you're always confirmed that these metrics and other data are based on the most up-to-date information. From Kashoo's dashboard, you will find tabs for entering income, creating invoices, processing customer payments, entering expenses, and paying bills. You can perform nearly all bookkeeping functions for your business from the dashboard via these tabs. More comprehensive reports and functions are available, such as check printing and viewing aged receivables or payables, from a side bar on the left side of the screen. The dashboard is clean, logically organized, and overall is well designed so even new users with only a basic understanding bookkeeping functions will have little difficulty getting to work with Kashoo.
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Sharing with Kashoo
When tax time comes around you will need to give your tax accountant your financial statements, general ledger, and details on particular invoices. Kashoo aims to end the days of having to deliver paper copies of all this information to your accountant. You can give your accountant access to Kashoo so that he or she can get what they need and you can spend more time running your business according to Kashoo’s website. Convincingly though, your accountant probably does not have time to dig around your accounting program to find the information required to complete your tax return. There are too many different accounting programs so having to learn each of these programs for each customer is just too time consuming. Still, Kashoo’s sharing feature is still useful because business partners or key employees can still access the program online to get the information they need about your business.
Bank Reconciliations with Kashoo
Bank reconciliations are the utmost significant bookkeeping and cash management function. Performing timely bank reconciliations lets you confirm that all the transactions on your company’s bank statement or credit card are genuine. Kashoo lets you download your monthly account or credit card statements from your bank, upload them into Kashoo, and then match with the transactions you have already entered.
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