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Kashoo

bookkeeping ยท US, CA, GB, AU
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Kashoo is designed for the smallest end of the small business market โ€” sole proprietors, freelancers, and very small businesses that need accounting done but do not want to learn accounting. Its TrulySmall Accounting product uses AI to automatically categorize bank transactions, generate financial reports, and prepare the business for tax time without requiring the owner to understand debits and credits. Kashoo's pricing is significantly lower than QuickBooks Online and Xero, and its interface removes accounting jargon in favor of plain business language. The platform sacrifices feature depth for simplicity โ€” it does not have inventory management, payroll, or advanced reporting โ€” making it best suited for service businesses with straightforward finances.

Quick Answer

Kashoo is designed for smb businesses. Pricing starts at $20/mo. A free tier is available. Best suited for US, CA, GB-based businesses. Simplest accounting interface in the category โ€” genuinely usable without accounting knowledge

Pricing

TrulySmall InvoicesFree
TrulySmall Accounting$20/mo
Kashoo$30/mo

// verify pricing before launch โ€” prices shown may not reflect current vendor rates

Key Features

  • โ€ขAI-powered automatic transaction categorization from bank feeds
  • โ€ขPlain-language accounting โ€” no accounting jargon required
  • โ€ขAutomated income and expense tracking
  • โ€ขInvoicing with online payment collection
  • โ€ขFinancial reports generated automatically (P&L, balance sheet)
  • โ€ขTax-ready bookkeeping with CPA export
  • โ€ขMulti-currency support (Kashoo tier)
  • โ€ขReal-time cash flow visibility

Pros

  • +Simplest accounting interface in the category โ€” genuinely usable without accounting knowledge
  • +AI auto-categorization reduces manual bookkeeping to near zero for simple businesses
  • +Lowest pricing for full-featured cloud accounting โ€” $20/month covers most sole proprietor needs
  • +Tax-ready reports that CPAs can work with directly
  • +Clean mobile app for iOS and Android
  • +Free invoicing tier for businesses that only need to get paid

Cons

  • โˆ’No inventory management โ€” not suitable for product-based businesses
  • โˆ’No payroll functionality
  • โˆ’Limited integrations compared to QuickBooks Online or Xero
  • โˆ’Reporting is basic โ€” limited customization for complex financial analysis
  • โˆ’Not suitable for businesses with multiple employees needing role-based access at entry price
  • โˆ’Less accountant adoption than QuickBooks or Xero โ€” harder to collaborate with CPAs

Available on

WebiOSAndroid

Integrations

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See how Kashoo stacks up against quickbooks-online, xero, wave side by side.

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Reviewed by Finatune ยท Last updated 2026-07-01