What is Cheqbook?
Cheqbook offers a user-friendly experience tailored for business owners, while also providing essential features for accountants and bookkeepers. With its innovative import technology and intelligent categorization, Cheqbook can help users save as much as two weeks annually on financial management. The platform is designed for simplicity, yet there are important steps to take when getting started. Initially, you must link your online banking and credit card accounts, even if you haven’t done so in a while. You’ll also need to create a company profile, and for personal accounts, you can label them as "John & Mary Smith." Although we commonly refer to a collection of financial records as a company, it can equally pertain to individual financial situations. To sync your first bank account, select your preferred bank and input your login credentials along with the name of the financial institution. While Cheqbook establishes this connection, you might encounter security questions that need to be answered. This process ensures a secure and efficient setup, paving the way for seamless financial management. Once complete, you’ll be ready to enjoy all the benefits Cheqbook has to offer.
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Bookkeeping Software
Cheqbook Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Easy to use accounting software for small businesses
Date: Jun 17 2020SummaryI've really enjoyed working with Cheqbook for the past 5 years. Support has been very responsive and while it's not the cheapest product, available, it's been quite dependable. We have a multi company license and actually use the software for our own personal accounting which is quite handy. I've helped several friends get setup with Cheqbook to help them manage their finances and we recommend Cheqbook to our clients (mostly small 1-2 provider offices.)
PositiveCheqbook is not overly complicated, but very powerful when it comes to categorizing transactions. It uses your own history and "community" history to pre-categorize transactions to speed up the process. Our business does alot of "Split" transactions and Cheqbook excels at splits. We've used Quickbook desktop and web based software, Wave accounting, Mint and Tiller (as an avid google sheets user). Quickbooks was "too much" for our small business and having to buy their software every 2 years basically turned it into a subscription model software. You can also import transactions from a csv file into different accounts, one of my biggest beefs with other platforms was the inability to import.
NegativeWhile the reporting system is pretty robust, my biggest issue is the inability to do "Comparisons" to prior periods, you have to export and do your own comparisons. I'd also like to also see a budgeting module added.
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