Heather WatsOn for Kawartha writes: Industry Canada reports that as of December 2012, there were 1,087,803 small businesses in Canada that employ one to 99 people. This represented 98.22% of employer businesses in Canada. I’m no expert but I’d say small business is the backbone to our economy. Small business owners are generally experts in their field but when it comes to dealing with the ‘business’ side of the business owners need to get it done quickly and effortlessly so they can get back to the actual work they do. Fortunately there are apps to help. Here’s one that tackles the accounting function.
App Name: Kashoo Accounting by Kashoo Inc.
Price: $20/month and additional in app purchases
Availability: iPad only (Requires iOS 7)
Last Update: December 31, 2013
The Pitch: “Simple Cloud Accounting” as they call it, which means easy, fast and accessible from the road. No need to use spreadsheets and be at your desk to invoice, track sales and expenses and get financial reports. It’s a double entry accounting system on the fly that you can update, send invoices and share with your financial team.
The Good: Setting up accounting software can be a headache. Kashoo makes it simple with videos and help tools along the way. If you’re really stuck, there’s a toll free number, email and online support available. The app itself is simple to navigate and allows users to set up invoice templates and monitor accounts through the dashboard. The app is secure and they’re proud of it. Really important is that you can import and export your data in different formats that allows you to easily transfer your records to another application or software if you choose.
The Bad: This app is only really functional for micro businesses. Currently, there is no way to handle inventory or payroll management. They do partner with other payroll service providers that will integrate with Kashoo but there is an additional cost for this which varies depending on the service partner.
The Ugly: It’s a little pricey compared to other traditional accounting software. At first I thought it was because it is cloud based and that convenience is worth something. However, there are apps that support desktop software so you can take care of finances on your mobile device and have it sync to your desktop.
Recommendation: I’m not fully sold on this app. It does what it says it will do, “Simple Cloud Accounting”. However the price, limitations and inability to use any device other than an iPad is too restrictive for my liking. This app won’t grow with your business and small business owners need that flexibility.
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