KashFlow vs Lexware Office Comparison

Why choose KashFlow

• Higher Analytics score (5/10 vs 4/10)
• Includes Inventory Accounting, which Lexware Office lacks
• Includes Multi-currency, which Lexware Office lacks

Why choose Lexware Office

• Higher Support score (6/10 vs 3/10)
• Higher Compliance score (8/10 vs 6/10)
• Better fit for freelancers (9/10 vs 7/10)

KashFlow

Pros

• Low entry price, with steep introductory discounts for new customers
• Payroll for up to five employees is included rather than sold separately
• VAT management and online submission are built into both plans
• Stock control and multi-currency are included even on the cheapest plan
• Accountants can use KashFlow Connect at no charge

Cons

• The Starter plan caps invoices at 10 and bank reconciliation at 25 transactions, and allows only one user
• Reviewers call it too basic for medium-sized businesses and difficult to customise
• Very low Trustpilot rating (1.4) and app store ratings, with complaints about customer service
• The API is SOAP-based, and some reviewers say it integrates less well than rivals

Lexware Office

Pros

• Users on OMR Reviews and testers on Experte.de describe receipt scanning and bank matching as fast and easy to set up.
• Creates ZUGFeRD and XRechnung e-invoices and files VAT returns directly to ELSTER.
• Every plan can be cancelled monthly, and users are unlimited according to Für-Gründer.
• Tax advisor access and DATEV export make it easy to hand the books to an accountant.
• An optional payroll add-on handles social security and tax filings for up to 50 employees.

Cons

• Invoices can only be issued in euros.
• Cannot manage several companies, and has no approval workflow and no cost-centre reporting.
• Bookkeeping and VAT returns need the L plan, and recurring features need higher tiers.
• Users report bank connections that drop and support that is hard to reach by phone.
• There is no postal invoice sending and no built-in time tracking.