Less Accounting is the self-proclaimed “Accounting Software for Business Owners Who Dislike Bookkeeping.” The application is basic providing general bookkeeping features including invoicing, expense tracking, and very basic financial reporting. It has limited project management features and no functionality for inventory or manufacturing.
They seem to target professional services firms including photographers, web and software designers and developers, general business consultants, marketing and advertising, and surprisingly have a page on their site with information about how to start a food truck business.
There is no integration to an ecommerce shopping cart but imports can be made from transactions posted to external ecommerce applications or any other software for that matter.
Integration is provided for thousands of financial institutions as well as several payment gateways, project management, time tracking, CRM, payroll, and more.
Pricing for Less Accounting is very different than competitors as it’s based on limits in expenses rather than amounts invoiced or features available.
Less Accounting is $20 monthly for freelancers and small businesses who spend (expenses) less than $10,000 per month. The Small Business Edition is expanded to $25,000 in monthly expenses and a Big Business Edition for $54 monthly up to $40,000 in expenses.
One nice option available that many others don’t provide is their optional Autopilot bookkeeping assistance starting at $70 per month with scalable plans available for larger companies.
Founded by Steven Bristol and Allan Branch in 2007. Less Accounting was acquired in June 2016 by American SMB Services and Big Half. It appears the product will continue to be developed and maintained going forward as a viable entry-level accounting application for many businesses. A statement by Less Accounting regarding the future of the product under new ownership is below:
“The buyers, Phani Ilapa-kurty and Uday Koorella, look forward to using LessAccounting as the pillar for their current ecosystem of mobile and cloud-based tools. Their vision is to create a system of comprehensive, yet easy-to-use tools for accountants and small-business owners.”
With that said, we recommend that companies considering Less Accounting contact them to clearly understand the future of the product under new management as there is very little information available online.
13111 North Central Express Way, Ste 8010
Dallas, TX 75243