LessAccounting Review: Features, Pricing, & Alternatives

Our Verdict

In this LessAccounting review you will learn about their accounting software and bookkeeping services to see if they are right for your business.

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LessAccounting LessAccounting
Software Type: Bookkeeping software
Best For: Freelancers, solopreneurs, and small business owners.
Pricing: $24/mo - $350/mo
Pros:
  • Simplifies the accounting process
  • Easy-to-navigate interface
  • Unlimited invoicing
  • Unlimited bank and credit card connections
  • Vehicle and mileage tracking
Cons:
  • No mobile app
  • Lacks scalability
  • Advanced features offered by other accounting software not available
  • Few customization options

Are you a freelancer or solopreneur making a living doing what you love, but having trouble managing the business side of things?

For many creatives and small business owners, finances can be scary to look at and manage. If that sounds like you, accounting and bookkeeping software will help make your life a thousand times easier.

LessAccounting is a simplified accounting software aimed primarily at small businesses and freelancers.

It’s easy to navigate, even if you’re a beginner who has never used this type of software before.

SMB Guide’s Verdict for LessAccounting

LessAccounting is an excellent accounting software for freelancers, solopreneurs, and other micro-businesses that don’t need an extensive roster of features.

Based on that, its pricing, and user reviews from sites like G2, we give LessAccounting an overall rating of 7.2 out of 10 stars.

In this review of LessAcounting, I’ve followed SMB Guide’s detailed criteria for evaluating the bookkeeping software.

FactorRating (out of 10)
Pricing & Plans9
General Ledger and Chart of Accounts9
Bank Integration and Reconciliation8
Financial Reporting8
AP and AR Management6
Payroll and Tax Management6
User Interface and User Experience9
Integrations, Compatibility & Supported Platforms8
Customer Support8
SMB Guide Rating7.2

Strangely enough, it also makes for a great solution for businesses that need to track mileage and company vehicle usage.

That said, no mobile app and the lack of advanced accounting features like payroll processing and tax management means LessAccounting probably isn’t the most scalable solution for larger companies.

Pricing & Plans

LessAccounting gives you the option of purchasing an inexpensive plan that includes tools for invoicing clients, accepting payments, creating monthly budgets, and more.

This plan is extremely affordable and gives you just about everything you need to maintain your books.

LessAccounting Pricing

They also offer an expert bookkeeping service. This service is much more expensive (as is to be expected), but can be worth it if you’re someone who would rather not deal with any of the behind-the-scenes stuff.

The bookkeeping copilot service is priced depending on how many expenses your business has.

LessAccounting plans

Standard Plan

LessAccounting’s Standard plan includes small business bookkeeping tools for baby businesses that are just starting out and those that have been operating for years.

Price

  • $24 per month

Features

  • Send proposals and invoices
  • Accept payments online
  • Track revenue and expenses
  • Automated bank imports
  • Stripe payments imports
  • Track vehicles and mileage
  • Accounting reports
  • Create monthly budgets
  • Teammates and roles
  • Invite your CPA

Who it’s for: Freelancers, solopreneurs, and small businesses.

Bookkeeping Copilot

LessAccountings Bookkeeping Copilot is a service that provides a virtual bookkeeping partner to help manage and coordinate your books.

Price

  • $150 per month for businesses with under $2k in monthly expenses
  • $200 per month for businesses with $2-5k in monthly expenses
  • $250 per month for businesses with $5-25k in monthly expenses
  • $350 per month for businesses with $25k+ in monthly expenses

Features

  • Bookkeeping partner
  • Priority email support
  • Expert reviewed reports

Who it’s for: Anyone from freelancers all the way up to enterprise-level companies.

General Ledger and Chart of Accounts

The general ledger and chart of accounts in LessAccounting are fairly straightforward.

LessAccounting general ledger

At the top of the page, there’s a button that you can click to invite your accountant. This will take you to a page where you can invite people to your account – either a trusted member or a bookkeeper.

If you’re managing your books yourself without the help of a professional, you do have the option of adding or editing auto-categorized transactions as you deem necessary.

You can also add tags to deposits and outgoing expenses.

LessAccounting chart of accounts

Bank Integration and Reconciliation

LessAccounting integrates with more than 9000 financial institutions. The software uses Plaid to connect to your account, which makes the integration process quick and easy.

For full transparency, I use Chime, which isn’t a traditional bank per se, but I was able to connect my account and had no issues importing my transactions.

The importing process did take several minutes, but that seems to be the norm.

LessAccounting bank integration

You can also connect to Stripe, which will automatically sync to your account. Since I don’t use Stripe, I wasn’t able to test out this specific feature.

Financial Reporting

LessAccounting offers pretty standard financial reporting with standard statements like chart of accounts, profit and loss, and balance sheet.

Here’s a snapshot of the different reports you can run in the software:

LessAccounting financial reporting

AP and AR Management

LessAccounting doesn’t offer vendor management or assistance with bill payments. However, they do provide an invoicing feature that allows you to send one-off or recurring invoices to clients.

You can also accept payments via their online portal. I actually found the invoice creation process to be more pleasant and less cumbersome than the invoicing software I’m already using (Wave Accounting).

It was intuitive and super easy to use.

LessAccounting invoicing

Payroll and Tax Management

LessAccounting doesn’t include any payroll processing. If this is a feature that’s important to you, you’ll need an add-on software like Wagepoint, for example.

It also doesn’t offer much in the way of tax preparation. While it’s compliant with tax laws, it doesn’t generate tax forms or send you filing reminders.

Both of these are reasons why I believe LessAccounting is best suited for freelancers. Its lack of scalability means it falls short as a solution for larger companies that have more than a handful of employees or who want to keep everything finance and tax-related in one place.

User Interface and User Experience

The whole point of LessAccounting is to make your accounting easier and less of a headache, and I have to say, I think their interface is true to that goal.

The design is clean and easy to navigate. I’m not a finance person, but it was very clear to me what each of the different menu items were and where I needed to go to find things.

Here’s how the dashboard looks when you first log in:

LessAccounting dashboard

I also think the brand overall is aesthetically pleasing, which may or may not matter to you. For me, it was certainly a pro and made the whole user experience that much better.

One thing to mention is that some users have complained that the software is slow and can be laggy at times.

It’s not something I personally experienced, but it was a common theme in customer reviews I read.

Integrations, Compatibility, & Supported Platforms

LessAccounting takes a very bare-bones approach to accounting, but their rich API allows you to get access to other features you might need through other softwares.

They support dozens of integrations with third-party applications like Wagepoint (payroll), Highrise (client relationship management), Basecamp (project management), and LessTimeSpent (LessAccounting’s sister software for time tracking).

LessAccounting integrations

You can learn more about the applications and banks they integrate with here. The software is 100% web-based, meaning no mobile apps that you can use on the go.

They try to spin this as a positive thing by stating their website is “very convenient.” However, for a software that seems to be aimed primarily at solopreneurs – who are often digital nomads – having no app for on-the-go seems like a pretty big disadvantage.

Customer Support

If you need help getting set up or have any issues regarding your account, you can call customer support at 1-415-598-7620.

They offer live phone support every day from 8:00 a.m. to 8:00 p.m. EST, so there’s plenty of time to get help.

Along with that, they also have a support chat box that can be accessed from their website. This chat box is accessible regardless of whether or not you’re signed in.

I personally tested it out and they got back to me with an answer to my simple query in just a couple minutes.

LessAccounting customer support

LessAccounting — Unique Features

LessAccounting has a pretty neat feature for tracking vehicles and mileage that I’ve not really seen included in other accounting softwares.

You can add multiple company vehicles to the software and then track the mileage for each one. Mileage tracking can be done in two different ways – either but manually inputting the number of miles for each trip or the start and end values of the odometer.

LessAccounting mileage tracking

At the top of the page, you’ll see a summary of each of your company’s vehicles and how many miles they’ve driven for whatever date range you’ve specified.

Now, if you’re a solopreneur or freelancer like myself, this feature likely isn’t going to be useful to you unless you do something like DoorDash or Instacart.

But if you run a business that uses multiple company vehicles, a feature like this already rolled into your accounting software may be extremely valuable.

What the Experts Say About LessAccounting

At the time of this review, 1-800Accountant had the following scores and reviews:

  • 4.5/5 stars at Capterra (25+ reviews)
  • 4.4/5 stars at G2 (13 reviews)
  • 9.5/10 votes at TrustRadius (3 votes)

The interface of this software is very user friendly. This is a simple way to keep a track of your records. This software is easy to use. As the name suggests this can be used by the people who knows less accounting. This software can be used by small businesses and entrepreneurs who don’t want to spend more time for book keeping. This software also do friendly calculations of math even you are not good in math.

Maria B., Accountant – Verified Capterra review

As a freelancer, I’ve been using LessAccounting to keep track of my finances. It’s been a great tool that has allowed me to send invoices and proposals to my clients, see whether the invoices have been opened, import bank / Paypal transactions automatically, seamlessly categorize my transactions, and pull all the reports I need!

Rachelle C., Bookkeeper – Verified Capterra review

LessAccounting Alternatives

LessAccounting isn’t going to be right for every business. Here are some alternatives you can try if that’s the case for you:

 
 
 
4.0
4.0
4.0
$395/mo - $995/mo
$125/hr to $549/mo
$349/mo - $499/mo
4.0
$395/mo - $995/mo
4.0
$125/hr to $549/mo
4.0
$349/mo - $499/mo

xendoo

xendoo homepage

Xendoo offers a similar feature set,, but their bookkeeping plans are better suited to helping medium-sized businesses than LessAccounting.

  • Starting Price: $395/month or $355/month billed annually
  • Best For: Small to medium-sized businesses who need bookkeeping help.

Schedule a call with xendoo team of experts

Bookkeeper360

Bookkeeper360 homepage

Bookkeeper360 starts out at a much higher price point, but it offers payroll processing AND tax management – both features that LessAccounting lacks.

  • Starting Price: $125/hour or $399/month
  • Best For: Remote businesses with simple financial needs and only a handful of income streams

Schedule a call with Bookkeeper360

Bench Accounting

Bench Accounting homepage

If you need help with keeping track of 1099s or filing your taxes, Bench Accounting might be better for your needs than LessAccounting.

  • Starting Price: $349/month or $299/month with an annual contract
  • Best For: Small business owners who need bookkeeping and tax filing support

Other alternatives: LessAccounting alternatives

Getting Started with LessAccounting

LessAccounting is a simplified accounting and bookkeeping software for freelancers and small business owners meant to help you focus more on what you do best – not the nitty gritty details like financials.

And getting started is just as easy as actually using the software. You can start a free 30-day trial today, and you don’t even need to give up your credit card information.

All you need is to provide your name, email, and create a password, and you’ll be able to test out the software for yourself. If it sounds like LessAccounting might be just the solution for your accounting needs, sign up today.

FAQs

Is LessAccounting secure?

LessAccounting uses encryption and an SSL (Secure Sockets Layer) protocol to ensure that your data is safe. Plus, it’s backed up automatically in real-time, so you don’t have to worry about losing any of your important financial information.

Is LessAccounting good for freelancers?

LessAccounting is designed to be simple and easy to use, even for people with no business or accounting background.

This makes it a perfect solution for many freelancers who want to focus their time and energy on their work, not learning how to use complex accounting software.

What kinds of businesses use LessAccounting?

LessAccounting is used by freelancers, e-commerce providers, non-profits, high-growth tech startups, and more. Their client base includes companies of all sizes across many different industries.

Related reading:

Bookkeeper360

Bookkeeper360 is a Quickbooks and Xero bookkeeping, accounting, and advisory solution for small to medium-sized businesses.

Schedule a call
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LessAccounting

LessAccounting is 100% web-based, meaning it can be accessed from anywhere and there's no software to install on your computer.

Product Brand: Less Accounting

Editor's Rating:
3.6

Charlee is a freelance content writer for e-commerce and SaaS businesses. She has written for well-known brands like Aura, Identity Guard, and Zola and achieved page one rankings for dozens of projects.