Free, Easy Invoicing and Bookkeeping with WorkingPoint

Last Updated Oct 8, 2009 11:44 PM EDT

I'm not exactly a financial genius; I've been known to invest in airlines and lend money to Rick. Moreover, I don't speak QuickBooks and am always on the lookout for simple, straight-forward, and inexpensive accounting solutions.

I've tried all sorts of ways to send invoices and track my meager income, and now WorkingPoint looks like a comprehensive but approachable online bookkeeping tool.

I'm drawn to WorkingPoint because of its clean and easy to understand interface. I don't feel overwhelmed with financial jargon and ugly design like with most bookkeeping programs. It's easy to get started with WorkingPoint -- it can import your contacts from Outlook, Yahoo and Gmail (by exporting your contacts as CSV or vCard files), and its invoice template is attractive and clean. After signing up for a free account, I made my first invoice in minutes, which I could save locally as a PDF or send via email.

The site has a great dashboard to manage and review your financial statements, bills, expenses, invoices, and more. WorkingPoint would love to upsell you to a paid service, and evidence of that is scattered across the dashboard and other areas of the site as well.

$10/month, for example, allows you to add a second user and a few premium features like cash flow analysis and premium widgets on the dashboard. There are also $35/month and $80/month tiers for 5 and 10 users, respectively. But for a small business looking for a simple but effective accounting package, the free version of WorkingPoint looks pretty good to me.

Want some other options? There are as many online accounting sites as the Eskimos have words for "snow." For starters, take a look at Outright and NolaPro.