Cheqbook Accounting Pricing, Features, Reviews & Comparison of Alternatives

What is Cheqbook Accounting?

Some of the features that are available in Cheqbook include the AccuScore Smart Categorization function, unlimited simultaneous users available in all plans, the fact that it is a fully functional accounting software, the ability to generate accrual accounting, journal entries, memos by line items and more. Cheqbook also allows you to create a chart of all the different accounts that you’re using for easy reference in the event that you’re using more than one account per business.

Cheqbook has many features including the ability to generate customization of reports that you’ve created using the service. Other features include the AccuScore Smart Categorization function, the ability to generate cash reports, the ability to assign a default tax code to reports and accounts that you’ve generated using the service, the ability to create automation rules, the ability to import contacts and more.

The ability to import contacts will be especially useful if you are using Cheqbook to create invoices for various clients that your business may have. Instead of entering in the contact’s address and other information by hand each time you need to generate a report, you can import the contact from one of a number of different services and allow the program to automatically take care of the rest.

Cheqbook does not quarantine transactions in any way. It gives users the ability to batch edit transactions.

Batch editing means that you can quickly edit more than one transaction at a single time. If you had 100 different transactions all relating to the same company, for example, you would need to edit each of them manually. You would need to perform manual edits regardless of how big or small the changes really were. In Cheqbook, on the other hand, you can select all of the transactions that you want to edit and make the change once. The service will then apply the new information to all of the selected transactions in one fell swoop.

Cheqbook has the ability to add categorization to transactions that you create and enter with your account. Other notable features that Cheqbook has include the AccuScore Smart Categorization function, unlimited simultaneous users in all plans, the ability to create automation rules and more.

Cheqbook also supports additional formats when the user is importing bank statements from various services. Cheqbook supports the popular IFX file format. Cheqbook also gives users the ability to host invoices on the Internet for customers to view, which can save a great deal of money in postage if your customers are on board with these methods.