QuickBooks Online vs Kashoo
When it comes to managing your business finances and accounting, having the right software can make all the difference. Two of the most popular options on the market are QuickBooks Online and Kashoo. But how do they compare, and which one is the best fit for your business? In this article, we'll take a detailed look at both QuickBooks Online and Kashoo to help you make an informed decision.
Introduction to QuickBooks Online and Kashoo
QuickBooks Online is a cloud-based accounting software developed by Intuit. It allows you to track income and expenses, create and send invoices, manage bills, and generate financial reports. Kashoo, on the other hand, is another cloud-based accounting software that streamlines financial tasks, including invoicing, payment tracking, and financial reporting. Both options offer a range of features to make accounting more manageable for business owners, but how do they differ?
One key difference between QuickBooks Online and Kashoo is their pricing models. QuickBooks Online offers a tiered pricing system, with different plans available at varying costs depending on the size and needs of your business. Kashoo offers a single pricing plan that includes all of its features for a flat monthly fee. This can be beneficial for small businesses that don't need all of the advanced features offered by QuickBooks Online.
Another difference is the level of customer support offered by each software. QuickBooks Online provides phone and chat support, as well as a community forum where users can ask and answer questions. Kashoo offers email support and a knowledge base with articles and tutorials. Depending on your business's needs and preferences, one option may be more appealing than the other.
Features of QuickBooks Online and Kashoo
QuickBooks Online and Kashoo offer many similar features, such as invoicing, expense tracking, and financial reporting. However, QuickBooks Online offers some additional features like inventory tracking, project management, and time tracking. Kashoo is more streamlined and focuses on the basics of accounting, making it simpler for small businesses to use. It may not offer as many features as QuickBooks Online, but it can still handle most of the financial tasks of a small business.
- QuickBooks Online: Invoicing, expense tracking, financial reporting, inventory tracking, project management, time tracking.
- Kashoo: Invoicing, expense tracking, financial reporting.
Another key difference is their approach to pricing. QuickBooks Online offers tiered pricing plans based on the number of users and features needed, while Kashoo offers a flat monthly fee for all features and unlimited users. This makes Kashoo a more cost-effective option for small businesses with multiple users who need access to the accounting software.
Ease of Use
Both QuickBooks Online and Kashoo are designed to be user-friendly and easy to navigate. QuickBooks Online can take a bit more time to set up initially due to its larger feature set, but once you get the hang of it, it's intuitive. Kashoo, however, is known for its simplicity and ease of use, making it ideal for small business owners who aren't accounting professionals.
In addition to their ease of use, both QuickBooks Online and Kashoo offer extensive support resources to help users navigate their software. QuickBooks Online provides a comprehensive knowledge base, video tutorials, and a community forum where users can ask questions and get help from other users. Kashoo offers similar resources, including a knowledge base and email support, as well as personalized support from their team of experts for an additional fee.
Pricing Comparison: QuickBooks Online vs Kashoo
When it comes to pricing, QuickBooks Online has several different plans ranging from $15 per month to $150 per month, depending on your business size and accounting needs. Kashoo offers one plan priced at $19.99 a month. While it doesn't offer the range of options that QuickBooks does, it's still a very budget-friendly option for small businesses with simple accounting needs.
It's important to note that both QuickBooks Online and Kashoo offer free trials, so you can test out the software before committing to a plan. QuickBooks also frequently offers discounts and promotions, so it's worth keeping an eye out for those if you're considering using their software. Additionally, both platforms offer mobile apps, making it easy to manage your finances on the go.
Customer Support
If you run into trouble while using QuickBooks Online, there's a lot of support available. They offer 24/7 customer service via phone, chat, and email. Additionally, they have a large knowledge base with articles and tutorials to help you troubleshoot any issues. Kashoo, on the other hand, has email support but no phone support or live chat. It also offers a knowledge base with articles and tutorials.
While QuickBooks Online has more comprehensive customer support options, it also comes with a higher price tag. If you're a small business owner on a tight budget, Kashoo's email support and knowledge base may be sufficient for your needs. However, if you anticipate needing more hands-on support, QuickBooks Online may be the better choice for you.
Integrations with Other Software
Integrations are essential for businesses that use a variety of software to run their operations. QuickBooks Online supports over 650 integrations with popular tools like Shopify, PayPal, Square, and TSheets. Kashoo offers fewer integrations but still connects to popular tools like Stripe, Square, and Shoeboxed.
However, the number of integrations isn't the only factor to consider when choosing accounting software. QuickBooks Online has a reputation for being more user-friendly and offering more advanced features, such as inventory management and project tracking. Kashoo is known for its simplicity and affordability.
Another important consideration is the cost of integrations. While many integrations are free, some may require a monthly fee or a percentage of sales. QuickBooks Online offers a variety of pricing plans, including a free trial, while Kashoo has a flat monthly fee with no additional costs for integrations.
Security Features
Both QuickBooks Online and Kashoo use encryption to protect sensitive data. QuickBooks Online also offers multi-factor authentication, adding an extra layer of security by requiring a code in addition to a password to log in. Additionally, QuickBooks Online has a robust backup system, ensuring your data is always safe. Kashoo also offers security features like SSL encryption and daily backups.
Another security feature of QuickBooks Online is the ability to set user permissions. This allows you to control who has access to certain areas of your account, ensuring that sensitive information is only seen by those who need it. Kashoo also offers this feature, allowing you to customize user roles and permissions.
In addition to encryption and backups, QuickBooks Online has an "audit log" feature that tracks all changes made to your account, so you can easily see who made changes and when. This helps identify any unauthorized access or suspicious activity. Kashoo has a similar feature called "activity log," which tracks all user activity within the software.
Advanced Accounting Features
QuickBooks Online is a more robust accounting software, offering advanced features like inventory management and project tracking. Kashoo is a more streamlined software and does not have as many advanced accounting features as QuickBooks Online. However, it still provides essential features like income and expense tracking and invoicing.
One of the key advantages of QuickBooks Online is its ability to handle multiple currencies. This feature is particularly useful for businesses that operate in different countries or have international clients. Kashoo does not offer this feature, which may limit its appeal to businesses with global operations.
Another advanced feature of QuickBooks Online is its ability to integrate with other software applications. For example, it can be integrated with popular e-commerce platforms like Shopify and Amazon, as well as payment processors like PayPal and Square. This integration allows for seamless data transfer and reduces the need for manual data entry. Kashoo also offers some integrations, but not to the same extent as QuickBooks Online.
Pros and Cons
Like any software, QuickBooks Online and Kashoo have their pros and cons.
QuickBooks Online
- Pros: Vast array of features, robust customer support, extensive integrations.
- Cons: Can be more complex to use, plans can be pricey.
Kashoo
- Pros: Straightforward to use, budget-friendly.
- Cons: Doesn't offer as many features, customer support is limited to email and knowledge base.
Another factor to consider is the level of customization you require. QuickBooks Online allows for more customization, such as creating custom fields and reports, while Kashoo has a more streamlined approach. Additionally, QuickBooks Online has a larger user base, meaning there are more resources and tutorials available online. However, Kashoo's smaller user base allows for more personalized customer support.
Ultimately, the choice between QuickBooks Online and Kashoo depends on your specific business needs and budget.
Which Software is Best for Your Business?
The decision between QuickBooks Online and Kashoo depends on your business size, accounting needs, and budget. If you're a small business with simple accounting needs, Kashoo is an excellent option. It's easy to use, budget-friendly, and can handle most financial tasks. However, if you're a larger business with more complex accounting needs, QuickBooks Online may be a better fit. It offers more features and integrations, as well as robust customer support.
Another factor to consider is the level of customization you require. QuickBooks Online offers more customization options, allowing you to tailor the software to your specific business needs. Kashoo has a more streamlined interface, which may be preferable for businesses that don't require a lot of customization.
It's also worth noting that QuickBooks Online has a larger user base and a more established reputation in the accounting software industry. This can be beneficial for businesses that require a high level of integration with other software or services, as QuickBooks Online is more likely to have existing integrations available. However, Kashoo is a newer player in the market and is constantly improving and adding new features.
Conclusion: Choosing Between QuickBooks Online and Kashoo
Overall, both QuickBooks Online and Kashoo are solid accounting software options for small businesses. They both offer unique features and pricing options, so it's up to you to decide which one is the best fit for your business. Make sure to consider your business size, accounting needs, budget, and desired level of support to make an informed decision.
QuickBooks Online has been around longer than Kashoo and has a larger user base, which means it has a more established reputation and a wider range of integrations with other software. On the other hand, Kashoo is known for its user-friendly interface and affordable pricing options. Ultimately, the decision between QuickBooks Online and Kashoo will depend on your specific business needs and priorities.
