Kashoo vs AccountsIQ Comparison

88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Kashoo

Accounting Software

4.6 288 user ratings

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86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

AccountsIQ

Accounting Software

4.6 60 user ratings

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Overview

Description	Kashoo is a compact accounts management software, specially built for small businesses to simplify their accounting processes in real-time. Thus enabling teams to focus more on their businesses’ core processes and doings alike. A variety of reports offered by the software covering metrics like Cash flow, Accounts Receivables & Payable, Income Statement & Balance Sheet, etc, enable businesses to get all the information they need with ease. Also, Kashoo helps users to send payment links with invoices to individual clients and customers in real-time and get paid much faster. Businesses can even add a convenience fee to the invoices, ensuring that they have covered all the expenses. It automatically categorises every transaction, facilitating easy finds and tracking. In the case of transactions from new clients, contact information gets generated automatically. Kashoo comes with free invoice templates that can be customised to the needs of individual users. These invoices can also be converted into PDF, Excel or Word files and sent to clients. Read more	Accounting transaction collection, processing, and reporting are made easier using AccountsIQ. They specialize in assisting multi-entity and developing firms who want to automate their procedures and reporting. AccountsIQ collaborates with over a hundred nonprofits, most of which have more complicated accounting and reporting requirements. AccountsIQ is a cloud accounting software that makes financial data collection, processing, and reporting a breeze. It has simple tools for automating consolidation, budgeting, auditing, filing digital VAT forms, and managing cash flow. It is built primarily for commercial contexts where several entities require access to a single platform and is appropriate for small to medium-sized businesses in all industries. AccountsIQ allows for extensive and granular reporting and performance benchmarking throughout a group network thanks to its customizable 3-tier General Ledger and 6-dimension BI coding structure. There are 250 reports, management reporting packs, and dashboards included, as well as an Excel Add-In and a Power BI link for customized analysis. Their cloud-based smart accounting software was created on the cloud. It allows you to automate a variety of financial operations, work more effectively with your team, and complete month-end tasks faster. Read more
Pricing Options	Free Trial Not Available Starts at $324.00.	Free Trial Not Available Offers Custom plan.
SW Score & Breakdown	88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 94% Reviews 88% Momentum 64% Popularity 79%	86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 93% Reviews 72% Momentum 62% Popularity 79%
SaaSworthy Awards	# 16 Most Popular # 11 Highly Rated	Not Available

Features

Total Features	14 Features	14 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less

Technical Details

Organization Types Supported	Freelancers Large Enterprises Medium Business Small Business	Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - iOS	SaaS/Web/Cloud Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.6/5 288 user ratings	4.6/5 60 user ratings
Rating Distribution	Excellent 67.7% Very Good 28.8% Average 1% Poor 1.4% Terrible 1%	Excellent 65% Very Good 28.3% Average 6.7% Poor 0% Terrible 0%
User Sentiments	Ease of use, Excellent customer service, Cloud-based accessibility, Comprehensive reporting Limited third-party integrations, Mobile app performance issues, Bank feed syncing problems, Lack of invoice customization options	User-Friendly Interface, Comprehensive Reporting Functionality, Efficient Bank Reconciliation, Seamless Integrations with other platforms Occasional Software Glitches, Limited Customization Options for Invoices and Statements, Complexities with Intercompany Transactions, Lack of Specific Features (e.g., CIS Module, Bulk Invoicing)
Review Summary	Overall, users have mixed opinions about the software. While some users appreciate its user-friendly interface, ease of use, and affordability, others have concerns regarding its limited functionality, lack of certain features, and occasional technical issues. Some also find the customer support to be lacking. However, many users acknowledge that the software is a good option for basic accounting needs and small businesses with limited budgets.	Accounts IQ is a popular accounting software praised for its user-friendly interface and strong reporting capabilities, particularly for multi-entity consolidation. Users appreciate its ease of navigation, quick data entry, and automated tasks like VAT calculations and payslip generation. However, some find the implementation challenging and require training. Concerns also arise regarding the price point compared to traditional systems, occasional glitches, and limited customization options. Despite these drawbacks, Accounts IQ is widely considered a valuable tool for streamlining financial processes and providing insightful reports.
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Pricing

Pricing Options	Free Trial Not Available Starts at $324.00.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Kashoo $324.00 $324.00 per year	Essentials (AIQ1) Others Growth (AIQ2) Others Enterprise (AIQ3) Custom
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