Kashoo

Like other online accounting software packages, Kashoo offers receipt and transaction matching as well as automatic reconciliation. Their invoicing and general ledger is well done and works well. Same as the other packages, Kashoo is available as an online accounting package only - which is great - allows for anytime, anywhere working.

Two major items missing are accounts payable (I know Kashoo will say very small businesses use a debit card, credit card or writes a manual check), however having an AP system to collect your vendor bills is kind of a no-brainer. The other item is a lack of being able to do estimates - this is critical as small service businesses propose jobs all the time and if your accounting package did estimates, all you would need to do is finalize a few adds and subtractions from you customer, click "turn into an invoice" and email to your customer - takes no time at all and everything is in one place - quick and easy. And there is no budget feature (which is probably minor to many small businesses).

Their customer support and that it is cloud-based. The price is excellent. It is easy to set up a Chart of Accounts too. It important my transactions from my bank and CC is easy.

That I can't create import rules. I would change the category but Kashoo wouldn't memorize it. Quicken enables you to create memorized categories.

The key in selecting accounting software is not how much it can do for you, but how much support you can get after you take the plunge.
With Kashoo, the support is unbelievable. Utilizing their Chat feature will get you a satifactory answer in a matter of an hour or so. I've never felt like I got a less than complete reply. Why? Because they know their product, and are not paid to sit and answer questions all day long about something they don't use. I cant say that for the other software systems I've tried. I'm now running 3 businesses off of Kashoo.

The bank feed somehow gets hung up each month...not sure why. Wish there were more check templates that utilize a common standard (QuickBooks, MS Money)
Wish the Client fields were more customizable, so reporting could be more robust.