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accounting

Web-based accounting software has been increasing in popularity recently. In today’s world of cloud computing and remote working, it can help companies work more efficiently (as employees do not have to work from a fixed location) and often, web-based accounting systems can reduce a business’s IT costs, as they often charge a monthly subscription fee, rather than lumping the company with a massive bill for server upgrades and expensive licences.

Kashoo, from the Vancouver-based developers of the same name, is one of these systems. It helps users say goodbye to the days of slow and complicated accounting systems and promises to save every user 5 to 10 hours a month when it comes to doing the books. This is a bold claim, so I took the test version of Kashoo out for a spin to see how it fared.

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One of the largest barriers facing small business and freelancers is keeping track of invoicing, receipts, payroll and general accounting. This can be a problem because of the expense of the software and/or accounting firm. If you’re just getting started, you won’t want to invest in an expensive (and often outdated-looking) accounting suite, and Excel for data and Word for invoices will only go so far.

Now, along comes a service called Wave Apps – well, really it is just called Wave, but it is a collection of apps. The five services are designed to make life easier for the small business owner or freelancer. (more…)

Our sponsor this week is ProfitBooks, the online accounting and payroll management app that will help you manage your office finances in a smarter way!

ProfitBooks includes everything you’ll need to efficiently manage your business accounting online. You can manage your employee’s info and your business inventory, making it easy to keep up with your payroll and equipment. If you need to invoice clients, ProfitBooks makes it easy to create customized invoices for your clients and track your revenue. ProfitBooks lets you keep track of all of your banking info, and with the smart reports, you can drill deeper into your company’s financial health. Best of all, the smart reports can be exported in Excel or PDF formats, so you can save them and view them anytime.

ProfitBooks can also help you keep track of your team’s work, with an included task management system, document storage, and integrated search to help you quickly find what you’re looking for. It just might be the app your business has been needing to keep track of everything about your company’s financials online.

Go Get It!

It’s a new year, so why not start it out right with a great online account app for your business? You can get started with ProfitBooks for free, or try out any of their paid plans with a free trial. When you’re ready to upgrade to a paid account, it’ll cost as little as $4.98/month to get your business accounting and payroll managed with ProfitBooks.

Think you’ve got a great app? Sign up for a Weekly Sponsorship slot just like this one.

As a business owner, keeping track of your invoices and reminding customers when payment is due can be an extremely laborious and even embarrassing chore. However, it is a chore that needs to be done, because no payments means no cash coming into your business, which is not exactly ideal, to say the least.

Although most accounting programs will remind you when an invoice is due for payment, they don’t actually take care of the entire reminding and collections process. This is where ZenCash comes in. Not only will it integrate with your existing accounting program and synchronize all the data on outstanding invoices, but it also takes care of the collections process quickly and efficiently, so you won’t even have to lift a finger.

Let’s look at it in a bit more detail.
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This time last year, I discovered an unknown web application for time tracking, invoicing and accounting named CronSync. My original review, which can be found here, was a positive one scoring an impressive 9/10.

Unlike some apps however, CronSync hasn’t been lying idle for the past twelve months. The team, based in Germany, has been hard at work upgrading and adding new features. For the past twelve months, I’ve watched CronSync slowly get better and better, and over the last two months several fantastic updates have convinced me that a second review was necessary.

If run a business, hate doing the books and are fed up with Excel, read on.

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Accounting is one of those frustrating things that we all have to deal with in business. Recently, I looked at two web-based accounting systems, Crunch and Kashflow, both designed for small businesses with limited IT funds. These systems, along with having low maintenance costs (which usually come in the form of a monthly subscription fee), can be tailored to fit the company’s exact needs and allow for far greater flexibility when it comes to managing the company’s books.

Up till now, I have only reviewed accounting systems for UK-based small business which, due to different accounting practices, are not suitable for US companies. There are plenty out there (just Google ‘web accounting’ for a few) however LessAccounting seems to be a strong contender for a simple, easy-to-use accounting system owing to its intuitive user interface and the fact it integrates with your bank’s data which, according to the developers, can cut down the time you spend doing the books by up to 80%.

Is this the one accounting system for U.S. small businesses? Let’s take a look at it in a bit more detail to find out.

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Quick Look posts are paid submissions offering only a brief overview of an app. Vote in the polls below if you think this app is worth an in-depth AppStorm review!

In this Quick Look, we’re highlighting Balance Forecasting Web. The developer describes Balance Forecasting Web as a tool to help you keep better track of the info about your money that really matters. What if you don’t care about past transactions, but you only want to see the future of your bank account? Have you found yourself often asking the questions “What will my bank balance look like in 3 months if I increase my credit card payment by X dollars?” Balance Forecasting Web answers those questions.

Read on for more information and screenshots!

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With the ever-rising popularity of web apps, businesses are turning to online solutions for their business needs, as it allows quick and easy access no matter where you are. The days of being tied down to the office to complete work are over as cloud computing and online platforms become ever more a reality in daily business life.

Last month, I took a look at Kashflow, an online accounting system aimed at small businesses helping them to keep their books in order and process simple accounting tasks such as invoices. However, there is now a new kid on the block, Crunch, looking to steal Kashflow’s thunder. It is, like Kashflow, aimed at small businesses who don’t want to have to shell out loads of money for an expensive IT system.

Is Crunch the one accounting system that your small business has been looking for? Let’s have a look at it in a bit more detail.

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Good accounting practices are key to any company, whether it be a sole trader or a large, multinational corporation. It helps keep the company flowing and is vital for end-of-year figures, fiscal forecasting and resource planning. However, given the sheer range of accounting software out there, it is often difficult to choose which one to use. Large companies with plenty of money at their disposal often choose an expensive ERP system such as SAP or Infor, however smaller companies often don’t have the liberty of choice.

Web-based accounting software seems, for the time being anyway, to be the way forward for smaller companies looking to keep their books in order as well as saving money purchasing expensive, mainstream accounting solutions such as SAGE. The one I’m going to look at today is Kashflow, which is aimed towards small businesses based in the UK. There are plenty of features built in to Kashflow which make it a worthy candidate as a great accounting system for small businesses.

Let’s have a look at it in a bit more detail.

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When I was in college few years ago, and even as I’m running a business today, the word accounting always makes me cringe. I’m sure there are plenty of people like me across the globe. But there is no escaping account. Lack of proper accounting might lead to audits, penalties, and more. So it’s better to bite the bullet and get those finances in order. Fortunately, there are many web apps in the market to help you with it.

Outright dramatically streamlines the work involved with running a small business by helping entrepreneurs pay the right taxes, organize their income and expenses, and keep their businesses on track. Let’s see if the app is simple enough to use for those who aren’t really good at accounting.

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