Pros
It can track all account balances, including PayPal and Etsy accounts. It has a comprehensive dashboard with status graphs, and it provides general accounting reports. WorkingPoint is also accessible via a web-optimized mobile version.
It can track all account balances, including PayPal and Etsy accounts. It has a comprehensive dashboard with status graphs, and it provides general accounting reports. WorkingPoint is also accessible via a web-optimized mobile version.
Cons
WorkingPoint does not offer credit card processing, project tracking or multi-currency billing.
WorkingPoint does not offer credit card processing, project tracking or multi-currency billing.
The Verdict:
7.63/10
WorkingPoint
is most suitable for solo operations, since it doesn’t track time,
projects or employees (without an add-on). However, it does provide
adequate basic accounting tools and the mobile version is fully
functional.
WorkingPoint is a streamlined online accounting software
nearly as capable as traditional accounting software. It does most
things that clunky accounting software can do, but without the filler.
Sure, mainstream accounting software can track which warehouse a
specific widget is located in, but most startups and independent
contractors do not need that ability – they just want to make invoices
and get paid. WorkingPoint can do that. It can monitor accounts, create
invoices, manage bills, generate financial reports and produce tax
reports. This cloud accounting system has a helpful, attractive
dashboard that quickly shows your daily operating costs, expenses,
banking summaries, bills due and quick links to common tasks. If you
have used traditional accounting software and found it to be overkill,
you will appreciate WorkingPoint.
This bookkeeping system easily creates invoices using stored contact and item information. You can customize the invoices with your logo, font choice and personal message. The software can calculate taxes and discounts and manage recurring invoices. Completed invoices can be emailed or saved as PDF files. However, it does not manage currency exchange rates.
When you open an invoice file, you can see whether payments have been made and the history of the invoice, such as who created it. To help monitor shipments, WorkingPoint will store shipping information, tracking numbers and shipping dates. Helpful reports include top customers, item sales and sales forecasting. To assist you and your accountant track accounts, it produces income statements, balance sheets and cash flow statements. Tax reports available include sales tax, estimated tax, 1099 and Schedule C reports.
WorkingPoint is best suited for those who have another method to track projects, or those who work alone. This service does not include a project tracker, yet it has expense- and time-tracking tools that many contract and freelance workers need. Although the Thunderstorm version of WorkingPoint supports unlimited users, it does not provide collaboration tools for project or job tracking
WorkingPoint provides a mobile version optimized for iOS and Android mobile phones. Using the mobile version, you can view customer contact information, track billable time, create invoices, record bills, check balances and view items. The mobile version syncs with the online version, and it is free if you have a regular WorkingPoint account.
A few features that make WorkingPoint different from other services we reviewed are that you can add email-marketing tools. This online accounting service also supports online company profiles, which is similar to a business social media tool. Using this tool, you can create a free company profile featuring your products and services with links back to your site. You can communicate with other WorkingPoint customers, see who is viewing your profile and share your company profile with other contacts. This could be helpful for businesses that have little or no web presence.
This bookkeeping system easily creates invoices using stored contact and item information. You can customize the invoices with your logo, font choice and personal message. The software can calculate taxes and discounts and manage recurring invoices. Completed invoices can be emailed or saved as PDF files. However, it does not manage currency exchange rates.
When you open an invoice file, you can see whether payments have been made and the history of the invoice, such as who created it. To help monitor shipments, WorkingPoint will store shipping information, tracking numbers and shipping dates. Helpful reports include top customers, item sales and sales forecasting. To assist you and your accountant track accounts, it produces income statements, balance sheets and cash flow statements. Tax reports available include sales tax, estimated tax, 1099 and Schedule C reports.
WorkingPoint is best suited for those who have another method to track projects, or those who work alone. This service does not include a project tracker, yet it has expense- and time-tracking tools that many contract and freelance workers need. Although the Thunderstorm version of WorkingPoint supports unlimited users, it does not provide collaboration tools for project or job tracking
WorkingPoint provides a mobile version optimized for iOS and Android mobile phones. Using the mobile version, you can view customer contact information, track billable time, create invoices, record bills, check balances and view items. The mobile version syncs with the online version, and it is free if you have a regular WorkingPoint account.
A few features that make WorkingPoint different from other services we reviewed are that you can add email-marketing tools. This online accounting service also supports online company profiles, which is similar to a business social media tool. Using this tool, you can create a free company profile featuring your products and services with links back to your site. You can communicate with other WorkingPoint customers, see who is viewing your profile and share your company profile with other contacts. This could be helpful for businesses that have little or no web presence.
