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LessAccounting

4.7
(3)

Accounting Software for Business Owners That Dislike Bookkeeping

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LessAccounting review by Shirin E.
Shirin E.
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Verified Current User
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"Efficient, streamlined accounting system with lots of automation"

What do you like best?

I like that I only need to update our books for an hour or 2 per month, this is possible due to the ability of Lessaccounting to work with our bank and credit cards to give us a perfect understanding of where money is coming and going to.

What do you dislike?

While they probably have .a solution for this, I don't see a way to perfectly allocate sales commission based on specific invoices. Most likely I'll end up using their flexible tagging system. Usually, a few minutes in chat with them gives me the answer I need.

Recommendations to others considering the product

Definitely, check it out. While Freshbooks and others are flashy, LessAccounting really seems to be more of an accounting system and not just a way to bill people. Properly setup, the tagging system is quite powerful, you can classify your 1099 stuff along with deals associated with particular vendors or clients. When you run your tag search it all shows up in a clean, easy to read format.

What business problems are you solving with the product? What benefits have you realized?

We are a startup without a full-time accountant or bookkeeper. We wanted to be strongly in control of our finances and understand exactly how well we are doing financially with good reporting. Historically the accounting system was more an archive, kept for compliance. Less Accounting allows us to really dig in at any time knowing that it's minutes behind at most.

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LessAccounting review by Peter S.
Peter S.
Validated Reviewer
Review Source

"Finally...bookkeeping software for humans."

What do you like best?

I love that the priority data is neatly organized and prioritized for viewing FIRST. And I can easily access the priority details (95% of my time) with a single click.

What do you dislike?

I'm completely mobile so an app would be nice. It's usable on my iPhone in a browser, but not mobile-optimized.

Recommendations to others considering the product

Unless you employ a full-time resource to manage your books, don't buy the hype of the Quickbooks, Freshbooks, and Xeros of the world. Buy a utility that works from seemingly good folks who just want to help you see and manage the financial health of your business...LessAccounting.

What business problems are you solving with the product? What benefits have you realized?

Efficiency in managing our financial picture. I am not interested in accounting. I am interested in the financial health of my business. Quickbooks, Freshbooks, and Xero, the so-called "leaders", are made for accountants. They are overly complex.

What Small-Business Accounting solution do you use?

Thanks for letting us know!
LessAccounting review by Jason M.
Jason M.
Validated Reviewer
Verified Current User
Review Source

"Less Accounting Is Exactly As It Sounds And Is Great For Freelancers"

What do you like best?

The simplicity, easy of use and pleasant user interface are the strong points for Less Accounting. It's easy to create and send invoices in a one time basis or if they're recurring.

There are some aspects that are different than traditional systems, but they end up being better once used to them. For example, when I received payments in the past I'd mark the invoice as paid and then upon deposit I'd mark the payment in the transaction list from undeposited funds. In this system, I remove the one step and reconcile both at the same time saving me time.

There dashboard and weekly email digest are great updates on my financial situation and what money is owed to me.

What do you dislike?

I don't like how it does not show a total amount for me draft invoices on the dashboard. I don't like the lack of followup on late invoices.

Recommendations to others considering the product

If you're a freelancer and you need a simple system to help you manage your finances and invoices, try Less Accounting.

What business problems are you solving with the product? What benefits have you realized?

Less Accounting helps me managing my banks accounts, bill my clients for work done or to be done, and easily see my financial situation at a high level.

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