June 5, 2012

Kashoo – Online Accounting & Expense Management

Looking for a better way to invoice clients, track deductible expenses, and create professional financial reports for your small business? Kashoo is a cost effective accounting tool that freelancers, consultants, and other small business owners can use to get their financial orders back on track.

Sign up for a free account, click on the verification link in your confirmation email, and you’re ready to get started with Kashoo. The web-application lets you manage invoices, track expenses, create financial reports, and reconcile bank statements without paying a dime. Download your bank and credit card transactions to your hard drive, and then upload those files into Kashoo. The data from these statements will instantly be analyzed and updated on your Kashoo dashboard. The dashboard page is also where you’ll come to manually enter your income, payments, invoices, and bills. To keep track of your cash flow, visit the Expense Management section and categorize each business expense you’ve entered. These categorized items will come in handy at tax time, or when you’re trying to determine just how much you’ve spent on advertising and marketing costs this year.

Kashoo is accessible on virtually every platform. The cloud-based application works on Firefox, Chrome, Explorer, and Safari, as well as the iPad. Business owners can give their professional partners and accountants access to their Kashoo accounts. They can also set up their accounts to handle multiple currencies – keeping fluctuating exchange rates in mind – from more than 100 countries.

Practical Uses:

  • Find out how much you spent on marketing last year
  • Send invoices to clients who owe your company money
  • Track which bills have and haven’t been paid
  • Give your accountant access to your Kashoo account during tax-time

Insider Tips:

  • The web-app works on Firefox, Chrome, Safari, and Explorer
  • iPad users can download the Kashoo mobile app
  • Kashoo integrates with FreshBooks
  • Kashoo tracks currencies from more than 100 countries

What we liked:

  • Freelancers can send professional-looking invoices
  • Users are automatically alerted when invoices are overdue
  • Kashoo is incredibly flexible for people who live inside or outside the U.S.
  • Users can set up their accounts to support unique tax rules, depending on where they live

What we didn’t like:

  • Multi-currency support is only available for users with paid accounts


Company Info:

  • Launched: 2008
  • Privately Held
  • Headquarters: Vancouver, Canada
  • Founded by: May Chu and Dobes Vandermeer
  • Web site:


  • Entrepreneur plan is free
  • Premium plan is $9.99/month
  • Premium for Teams plan is $29.99/month

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