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New Features in Less Accounting
written by Steven Bristol on October 9th, 2008
We launched some pretty neat features in Less Accounting today.
Design Changes
Allan has been a busy beaver trying to look at every angle of Less Accounting to see where moving a pixel this way or that way might have an impact for folks. I hope you find the changes and welcome as I do.
Tagging System
You can now add tags/keywords to expenses, invoices and deposits and filter reports based on these tags. If you use the Wesabe importer then you’ll be pleased to know that your tags from Wesabe will be imported along with your data.
Unlimited Users
Invite as many people as you want to join your business. The more the merrier.
More Less Accounting
Up until now you had no choice of what features you want or don’t want, well now you do! We have created three packages so you can chose the right amount of Less Accounting (and price) that works for you. The features you know and love are available in the middle tier package called “Less Accounting.” We have a trimmed down version called “Even Less Accounting” which is just expenses, invoices and a few reports. Just the barest of essentials. For people that need a bit more we created “More Accounting” this is where most new features will go. We started out by creating the ability to reconcile bank statements. This is a More Accounting feature only. Look for more More accounting features to come in the next few months.
Revised Pricing
Well it had to happen sooner or later, with the creation of the new packages, “Even Less” and “More,” the price of Less Accounting has gone up. Instead of $19.95 Less Accounting now costs $20.00 per month. We think you’ll survive.
Pricing Structure *| Package | Price |
|---|---|
| Even Less Accounting | $12.00/month |
| Less Accounting | $20.00/month |
| More Accounting | $24.00/month |
*There is still a free version available.
More To Come
If you think this stuff is cool, just wait. In the coming weeks and months we will be creating features that we are so excited about we’ve wet our pants multiple time thinking about. I don’t want to reveal too much here but can you say ”....” on second thought I won’t reveal anything here. But Less Accounting is about to become the Accounting software that everyone uses.
7 Responses to “New Features in Less Accounting”
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Wasn’t there a free package? For a person who only sends out one or two invoices a month, $12 a month seems pretty steep.
@pyhsio,
There is still a free account.
steve
Mind if I ask what your thinking is behind rounding the prices up? Pricing strategy is always an interesting subject.
I started out with round-number pricing as it seemed simpler/more straightforward, but have since shifted the other way. The ”.99c” strategy does seem to have an emotional response where customers feel the price difference between $25 and $24.99 is far greater than it logically is (and will spend accordingly).
(Source: http://news.bbc.co.uk/2/hi/uk_news/magazine/7522426.stm)
Same with larger development projects – rounding up to the nearest $10, $100 or $1000 leaves customers wondering how much padding is in the price whilst an odd number (ie. $2,732.20 vs $2,750) implies there’s some kind of precision behind the calculation.
Would be interested to hear your thinking, which seems to be running counter to my own (feel free to e-mail).
@Gareth,
I can’t find the link now, but Seth wrote about it a while ago. The difference between .95 and .00 has to do with the product being a value or high end. We think Less Accounting is more like a Mac, so we wanted the price to reflect that.
steve
Seth’s normally got good advice but I disagree with him here – the Apple store ends most of their prices in *99.00, and Hermes’ store (high-end if anything is) uses uneven pricing ($1,225.00 tote bag, $310 notebook cover, etc).
Then again I’m not a fabulously wealthy marketing guru :)
For what it’s worth, I feel insulted by the .99 thing. I don’t like being lied to, and that’s the whole premise behind it, to make it seem cheaper than it really is. A straight forward price to me reflects a respect for the customer, and that you don’t think they’re too stupid to see past your games.
But sometimes I over evaluate things.
I find it hilarious that a company selling a product which is supposed to save time doing you accounting is called “More Accounting”. Genius!