Cheqbook Review: Accounting Software Review

Focal Point:

Access to innovative AccuScore system gives this software the edge when it comes to automatically posting transactions.

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Company Overview:

CheqBook's ideology and development was conceived in Maui. Determined to create software capable of supporting accountants whilst still being entirely suitable for business owners, the team immersed themselves in a Certified Public Accounting firm. They spent over a year experimenting with various technologies to create a powerful, universally capable program. It's clear that their determination has paid off, having recently been endorsed by The Wall Street Journal, Forbes and Accounting Today.

FEATUREDESCRIPTION
Packaging of ServicesExtensive features across all plans, aimed at business owners and small accountancy firms.
OrganizationLosing valuable data can be a thing of the past, with everything backed up offsite on a daily basis.
MobilityCheqBook can be checked from iPad and Android tablets, allowing you more flexible access.
Ease of UseFree training is provided with all CheqBook plans in the form of webinars and how-to videos.

How It Saves You Time:

One of the biggest problems faced when using online accounting software is automatic categorization of transactions. A process developed to save you time can sometimes take even longer, sifting out all the incorrect and uncategorized entries. CheqBook's AccuScore feature has streamlined this process ahead of other providers. The system grades each transaction after categorization so you can easily see which entries need your immediate attention and which are most likely correct.

How It Saves You Money:

CheqBook don't charge extra for access to the best features, all are standard on each plan. No matter which plan you go for, you will have access to everything, meaning you won't find the cost bumped up by add-ons.

How It Saves You Hassle:

To save you collaborating with various programs there are 15 reports you can create within CheqBook, including Balance Sheet and Profit & Loss. You have the ability to grant your accountant access to these along with all other data, so you don't have to worry about gathering it all together yourself.

How To Get Started:

Making the move to CheqBook couldn't be much simpler, there is even an extensive list of tips on the website to help you to prepare. They suggest confirming your access to your online banking and inviting your accountant or bookkeeper once the basic set-up is complete to ensure all financial data is correct.

Price Chart:

DESCRIPTIONAMOUNT
Proprietor$9.87
Entrepreneur$19.87
Pro$37.37


All features are the same across CheqBook's pricing plans - they all come with unlimited user access, automatic bank downloads and online payments amongst other features. When it comes to choosing a plan, it all boils down to how many companies you are looking to set up on the software. Proprietor will allow only one company set-up, making it best for small business owners. Whereas Entrepreneur and Pro offer five and ten companies respectively, making these plans better suited to bookkeepers or accountants working with a small number of clients.

 

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