There's a new iPad app specifically tailored to the needs of small businesses, entrepreneurs and freelancers that gives them the flexibility to manage all aspects of their finances on the go. The iPad version of Kashoo Accounting is the first free, full-featured stand-alone accounting app built specifically for the iPad, the company says.
It enables users to create and email invoices, track income and expenses , generate financial reports and view interactive charts and graphs with key metrics on the real-time health of their businesses.
"One of the challenges of operating a successful business is making time to properly look after finances," said Jim Secord, Kashoo's CEO. "People tend to procrastinate when it comes to managing money. Many find accounting too intimidating or put off the painstaking task of bookkeeping. With Kashoo, we make bookkeeping easy and with our new iPad app, business owners can take care of important tasks like sending an invoice, or entering an expense, or checking an account balance immediately wherever they are."
For $9.95 per month, users can get more fully featured software-as-a-solution (SaaS) version at Kashoo.com, which allows synchronizing transactions between the iPad and online versions of Kashoo. They can also access online bank and checking accounts for automated transaction downloads to eliminate data entry using the iPad on-screen keyboard.
Other enhanced functionality available with linked accounts is the ability to grant partners access to up-to-date financial records and to create additional reports such as general ledger reports, trial balance and change logs.
Check printing, bank reconciliation and inventory capabilities are also available to iPad users with SaaS accounts.
Even without a Kashoo.com subscription, user iPad data will be backed up in the Kashoo Cloud and accessible for users if they need to restore data.
"The app will remain free and we are going to continue to build out the feature set in the iPad app to meet the needs of the market," Secord told BusinessNewsDaily. "As for monetization we expect and are already seeing that a portion of users will want to take advantage of the ability to access the Web app and its additional functionality."
- Mind Your Business: Why Accounting is Sexy
- How To Choose the Right Cloud Service Provider
- iPad Still Defining What Media Tablet Is
Reach BusinessNewsDaily senior writer Ned Smith at firstname.lastname@example.org. Follow him on Twitter @nedbsmith.