After my experience with Kashoo, LessAccounting seemed like my only logical option for an online accounting program. It was the more expensive of the two apps, but unlike Kashoo it offered complete integration with paypal as well as the same capacity to upload transactions from other banks. Perhaps that $20 extra dollars I would pay for it would mean $20 extra dollars of functionality, so I signed up for their week long free trial.
I started off by uploading my Envision transactions. The process was a lot more automatic than Kashoo’s. Each transaction did not need to be checked. In addition LessAccounting offered a few options to help in case the balances didn’t match up. It allows you to enter starting and ending balances from your bank statement so it would make it easier for you to find copied or missing transactions.
I decided to test the auto-import feature with Paypal. The system accepted my authentication, but I had to wait until the next day to see my data posted. That morning, my balance was all there, just like it was on the account. I thought, this was great, this was perfect, it served all my needs! Then I started to mess with it.
I ran into what I thought was a duplicate set of transactions. I deleted them, and the balance started deviating. I tried to re-import my data, but the balance wouldn’t go back to normal. I’m still working with their technical support on the issue.
There were other issues as well with the system. For instance, it did not allow me to account for sales tax on my expenses or the transaction fee imposed by paypal. It also didn’t allow me to import my invoices from Freshbooks. An Accountant might say this app was nerfed to appeal to the non-accountant.
Even though I’m still trying to get the balance sorted out on my accounts, LessAccounting seems like the most stable option for my accounting software so far. It’s been a bumpy ride, but the competition for accounting software is pretty sparse. It’s not like the games industry where you have software for every level, taste, and talent. You would think things would be different. We are a generation raised games like Final Fantasy, which are practically spreadsheets to begin with. Why can’t business software inherit at least some of that artistry, robustness and fun?