We gave an overview of QuickBooks Online a ways back, so how about another online option? Enter LessAccounting.com.

Less Accounting is another cloud-based accounting 'program' designed to manage cash-in and cash-out. It creates invoices, manages expenses, gives you summary reports, and a few other things as well. Best part: it's free. When you search the web for online accounting software, you'll be offered a bunch of options, almost all of them will make you pay a monthly fee - rightfully so. If you want barebones accounting at the barebones price of $0/month, Less Accounting is good choice. Don't forget about QuickBooks Online  - that online suite still offers an incredible package at $0/month, with the limitation of only having 20 clients. Less Accounting doesn't have that limitation - but if you want things like tech support (a good thing to have!), proposals, mileage logs, etc., you're going to have to start shelling out some cash.

Check this out:

See what I see? The ability to upload digital copies of your receipts! So maybe that doesn't warrant an exclamation point, but it's a small detail that is overlooked in QuickBooks Online.

Of course, you could keep digital copies of your receipts on your computer, but that sort of defeats the purpose of the cloud. The point is to keep your data off your computer, and in the hands of a supposedly more reliable, more accessible system. Some may still be weary of cloud-based solutions, especially with something as important as accounting - but I'm not. I really like having my books be 100% available wherever I am, not wherever my main computer is. You can export your data whenever you want if you're that worried about it (something else you can't currently do in QuickBooks Online unless you are running Internet Explorer on a Windows machine).

Check it out at LessAccounting.com and watch the video tours here. Did I mention that there's an iPhone App…?