Kashoo is a cloud based application designed for the small business owner. Along with cloud access, Kashoo also offers both iPhone and Android apps that make system access even more convenient. Kashoo is a double sided accounting application that contains complete GL functionality. Kashoo users can customize their GL as well as set new payment terms if desired.
Kashoo users can manage customer accounts directly from the Clients interface, which allows users to record all client contact information as well as details such as website address, referral, campaign, terms or payment and income account. There is no option to set credit limits or detailed payment information. Users can Create an Invoice or duplicate an existing transaction from this screen. Users can manually add finance charges to a client/customer account if desired, and both payment and order history can be accessed by clicking on the client or by viewing all transactions.
In order to record a credit on a client’s account, users must use the Deposits from Clients account, where the overpayment is recorded until it is either used or refunded. When on the client view you can instantly see the amount of credit outstanding and when you are paying an outstanding invoice you have the option you apply the credit and the amount remaining. There is no formal return authorization functionality in Kashoo.
Users will enter payment information in the same data entry screen where invoices are entered by simply clicking on the Enter Payment option. This update the screen, where users can choose the client and the invoice that was paid. To the right of the screen, a list of all unpaid invoices is displayed and a list for the chosen client are listed below as options for payment.
Kashoo offers users two different types of statements; Activity statements and Summary statements. Users will create the statement from either the client or the supplier page, as needed.
Designed to work with your bank accounts, users can quickly record payments made via check or ACH. Users can also accept online credit card payments using either BluePay or Stripe; with both options allowing users to send email invoices to customers, so they can make a payment online. Users will be instantly notified by email when a payment is made and the transaction will be updated appropriately.
Kashoo also offers excellent multi-currency capability, so users can bill and accept payments in multiple currencies. Accounts receivable reporting options are limited to an Unpaid Invoices report, which provides a list of all clients and any amounts due, from current to more than 90 days past due. All Kashoo reports can be viewed on screen, printed, exported to Excel or a CSV file, saved as an HTML file or PDF, or sent to Google Drive.
Kashoo is a completely integrated system, with all accounts receivable data integrating with the core product. The product also offers integration with banking systems and a payroll app is available as well.
Well suited for the small business owner that does business globally, Kashoo offers decent accounts receivable capability. Pricing for Kashoo is $19.95 per month and includes product support and free workshops.