LessAccounting vs. Trullion

If you are an entrepreneur and you want to focus on building your business, start with Less Accounting. It's a full-blown accounting system that has a simple implementation and it can connect to your financial accounts to automate many parts of the business. Our 1st four years of business, we worked without a bookkeeper at all due to the level of automation.

It is not limited in any regard and is not simply for invoicing or tracking hours, it more or less does everything. Perhaps one area that it wouldn't be ideal is for firms that need to have more rigid accounting, with charts of accounts etc for industries that are audited or highly regulated.

Incentivized

Trullion helped us get our leases in order and provide one place to house these. I like the payment schedules for budgeting purposes, this works well

Incentivized

• Categorize Expenses Automatically
• Profit and loss Statements
• Interfaces with Credit Union

Incentivized

• One stop shop to hold our lease documents
• Notifies us when leases are due for renewal
• Provides our monthly JE's to keep us in accordance with ASC842

Incentivized

• With the flexibility comes room for folks not adhering to specific accounts. There is no numeric chart of accounts so at times you will see 2 line items for a single item. We tend to overcome this limitation with extensive tagging.
• Invoices and sales orders don't have an obvious way to assign credit to specific salespeople or consultants. We reached out to LA and they have shown us a different way to do this which we'll try soon.
• The visual interface can use some sprucing up. It's easy to navigate but I believe the navigation can be slightly improved. I do find myself hitting the back button to get into other parts of the app.

Incentivized

• More automation with the abstracting of the leases
• More automated messages when something gets added
• Little more user friendly in the format

Incentivized

It works, it keeps our historical data and is easy to use

Incentivized

The program is user friendly. The reporting function works well with our month end process.

Incentivized

support has been great and always willing to help with any questions.

Incentivized

I had been with QuickBooks for a few years (unwillingly) at the behest of accountants. It took me a while to realize there were other options out there and I needed to begin a hunt to find them. I found LessAccounting. While it's not the most appealing software, it sure helped me see the breakdown of things and allowed me to reconcile my books without feeling like I needed a degree in Accounting.

Incentivized

Trullion was chosen when I started with this company.

Incentivized

• + Less time worrying about my accounting
• + actually reconciling my books at the end of each month or quarter
• + being able to access my P+L anytime!

Incentivized

• The calculation for ASC842 is the major reason we are using Trullion, this works well.
• The ease of adding new leases is a positive.
• The idea of having all leases in one spot as opposed to having to search through shared drives and folders.

Incentivized