There’s another new accounting Web 2.0 application on the block, Less Accounting. I got excited when I read what it is not–Quickbooks, but I just spent about 10 minutes with the beta version and sometimes less is just less.
I understand that the goal is to make accounting simpler, but I can’t really figure out the thing that I think is most important for any and all of the new apps, the ability to import your banking transactions. That is one reason why I like Wesabe. Quickbooks Desktop and the even the troublesome Quickbooks online facilitate that.
One thing I see is that Less Accounting breaks accounting down to the basics–money in and money out.
Plus, on their home page they say something that I tell all my clients, “Quit wasting your valuable time trying to be an accountant.” [That’s my job!]