WorkingPoint

WorkingPoint is an online accounting software for small businesses that don't deal with VAT or GST. Unlike the SaaS applications we have reviewed so far, WorkingPoint offers built-in inventory management, which is still immature and has too many drawbacks.

Reach Accounting

Reach Accounting is an online accounting software for small businesses with better user-access roles. However, the system comes with several minor and major issues as covered in the review as well as omissions of basic functions you would expect from online accounting applications.

MYOB LiveAccounts

MYOB LiveAccounts is an online accounting software for small service companies in Australia and New Zealand. With LiveAccounts, users can create invoices, register expenses, and keep their bank accounts in sync with bank feeds. However due to few shortcomings in the system, we reckon MYOB LiveAccounts immature. Yet if you are ok with few “BUTS”, you can give it a shot.

AccountPortal

AccountsPortal is an online accounting software for small businesses, which we reviewed based on screenshots, “accountant” reviews, as the system was a total failure, logging us out after every click. Just like in Brainiac, “We did it so you don’t have to”.

LessAccounting

LessAccounting is an online accounting software for service companies we found quite immature for SMEs. LessAccounting failed in reporting and in many other seemingly simple transactions and logic, which we outlined in this review.
Even though, LessAccounting claims that QuickBooks is terrible and frustrating, we found LessAccounting no where close to QuickBooks at all, thus, were we using QB, taking our data from QB into LessAccounting would be the last thing in our minds. Obviously interesting slogan from LessAccounting “All small business accounting software sucks, we just suck the least” could easily be stated vice versa.

Kashflow

KashFlow is an online accounting software with limited features and meant for small businesses in service industry. Even though it looks simple and reports allow drill-down into numbers, KashFlow requires more commitment in  terms of time, since processes are redundant, certain terminologies went astray and also requires understanding the logic behind transactions. Without getting acquainted with help files you will easily be lost.  Besides, we found no accountant tools for account adjustments.

Zoho Books

Zoho Books is an online accounting software for small and medium businesses in service industry (no inventory management). It is easy to use, and offers pretty much all the tools you need. There are however limitations/omissions as we pointed out in our review below