Bokeping vs onbalance

Bokeping is online bookkeeping software for small businesses, covering invoices, bills, bank transactions, and financial reports through a web app and API. Businesses can create invoices, accept payments through Stripe or Forte, and send automatic payment reminders. Plaid bank connections reach thousands of US banks and card accounts and are read-only; CSV and QBO imports are also supported. Accounting tools include financial statements, a general ledger, sales tax features, inventory tracking, and cost-of-goods-sold tracking. Each plan includes two external accountant logins that do not count toward its user limit. The Free plan costs nothing and covers one user, 20 of each sales and purchase record monthly, CSV bank imports, and financial statements. Standard is $29 a month, or $290/year, and Pro is $59 a month, or $590/year. Bokeping says financial data is encrypted in transit and at rest, and customers can export or delete it. All plans include email and chat support, which the company says is answered by people within one business day.

onbalance is a cash flow planning and finance tracking app for solopreneurs and small businesses, available on Android and iOS. It displays future balances to help users identify cash flow gaps. Users can organize multiple projects, accounts, and categories, or start tracking without setting them up first; the app can also cover multiple businesses in one place. It supports fiat and crypto accounts and transactions, including conversions and transfers using near real-time exchange rates. onbalance describes confidential collaboration with business partners and teammates, and says the app works offline with background synchronization when devices reconnect. The maker’s whitepaper says organization data is encrypted on the device using AES-256-GCM, while the server holds encrypted data and key containers. It says master passwords, private keys, and recovery phrases are not sent to the server. Users receive a 12-word recovery phrase, and the maker says a full data export is available at any time. The product has no external connections or integrations. The homepage describes it as free, with no paid tiers or plan limits stated.