KashFlow Accounting Review - why 4 stars?

Shlomi Lavi / updated: Jan 25, 2023

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What is KashFlow Accounting?

KashFlow Accounting is a web-based accounting solution specifically designed to help small business owners with their accounting needs. It can automate most of the repetitive tasks and help you to save a lot of time. As the software is packed with lots of automated features, it’s easy for the small business owners to focus only on growing their business.

The developers of KashFlow have been providing accounting solutions for small business owners since 2005. The company has served tens of thousands of users and has dedicated teams in India and the UK. The company was acquired by IRIS in 2013.

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Who is it best for?

KashFlow’s accounting solution is specifically designed to help small business owners. Small stock based business owners that are looking for a cloud-based accounting solution can try this software. Bulldog, Fastlane Computers Ltd and Development Consultancy are some of the clients of KashFlow Accounting.

Main features and functionalities

KashFlow Accounting comes with payroll processing, invoicing, quotes and estimates, purchases, customers and suppliers, reports and banking features. The payroll management tool supports unlimited payment schedules, employees and companies and can work seamlessly with online accounting. Users can also make customizable invoices automatically and notify you if one of them is overdue. The invoicing tool offers unlimited invoices support with emailable and printable PDFs.

The quotes and estimates feature of this tool can help users to create pro-forma invoices, estimates and quotes as many as you want. The quotes offer multi-currency support and can be done in any currency you want. The reporting feature offers profit & loss, trial balance and balance sheet reports for users. All your bank accounts can be added in KashFlow and can be viewed right from the dashboard. You can add both your business and personal account and monitor them from dashboard.

What is the actual cost?

The cost of license starts at $11.38 per month. ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for KashFlow Accounting. You can also find here pricing information from KashFlow Accounting's website.

Pros

• KashFlow’s accounting solution is specifically designed for sole traders, contractors and small businesses
• KashFlow Accounting offers cloud-based deployment option which can be accessed from any internet enabled device, anytime
• The customer support of KashFlow Accounting offers phone and 24/7 email support
• The accounting solution offers robust VAT reporting features unlike other similar tools
• The accounting software supports integration with third party systems like PayPal, ViaPost and FreshBooks

Cons

• KashFlow Accounting doesn’t offer any mobile dedicated app for iOS and Android users
• KashFlow Accounting doesn’t offer any on-premise deployment option which can be a problem for some users
• The customer support of KashFlow Accounting doesn’t offer any 24/7 hours live phone support
• The accounting software offers only single log in per account and doesn’t offer any different access levels restriction feature
• The accounting solution doesn’t offer any tool or feature to set budgets like other similar tools

How it stacks up?

Access a head to head analysis of KashFlow Accounting vs alternative software solutions.

Frequently Asked Questions (FAQs)