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Bookkeeping?

Discussion in 'General Business' started by SydneyBarrett, Jan 15, 2018.

  1. #1
    What are you guys doing for bookkeeping? It's the new year, and I want to do better this time around.... What software do you guys like?
    SEMrush
    Thanks!
     
    SydneyBarrett, Jan 15, 2018 IP
    SEMrush
  2. Pamela Turns

    Pamela Turns Active Member

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    #2
    Pamela Turns, Jan 15, 2018 IP
  3. JoeSpirit

    JoeSpirit Well-Known Member

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    #3
    I created my own spreadsheets with Open Office. But I did play around with GnuCash a couple years ago and it looked okay. It's free and I see it on the list that Pamela mentioned.
     
    JoeSpirit, Jan 16, 2018 IP
  4. Skarfaze

    Skarfaze Active Member

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    #4
    I've used https://www.waveapps.com and https://zipbooks.com . Both have their pros and cons.
     
    Skarfaze, Jan 16, 2018 IP
  5. JoeSpirit

    JoeSpirit Well-Known Member

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    #5
    JoeSpirit, Jan 17, 2018 IP
  6. Skarfaze

    Skarfaze Active Member

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    #6
    Zipbooks:
    Pros
    • sync with cards is better
    • Better accounting features
    • receive payments faster
    • if you qualify they give you like 90% of an invoice sent before client pays you (loan)
    Cons
    • use to be 100% free for all features, now they have different plans from free to $125 a month
    • a higher transaction for clients paying with American Express

    Waveapps:
    Pros
    • 100% free
    • about the same features as Zipbooks
    Cons

    • sync between wave and bank accounts is lacking
    • sluggish at times

    This is what I recall from the last time I use waveapps.
     
    Skarfaze, Jan 17, 2018 IP
  7. jrbiz

    jrbiz Acclaimed Member

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    #7
    We use QuickBooks and we can simply provide our accountant with a back up file at the end of the year (doing it right now, in fact) that he then works with in his office. Most accountants, in my experience, are very happy to work with QB. You do have to purchase a valid license for it, of course.
     
    jrbiz, Jan 17, 2018 IP
  8. JoeSpirit

    JoeSpirit Well-Known Member

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    #8
    Is QuickBooks the most popular? Seems to me it's the one I've heard of most often.
     
    JoeSpirit, Jan 18, 2018 IP
  9. Skarfaze

    Skarfaze Active Member

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    #9
    Yea, Quickbooks would be the most popular accounting software out there in my opinion.

    You can say it’s the 800 pound Gorilla in the room when it comes to accounting software ;).
     
    Skarfaze, Jan 18, 2018 IP
  10. VPSnet

    VPSnet Member

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    #10
    Great, it definately helps, thanks Pam ! :)
     
    VPSnet, Jan 18, 2018 IP
  11. jestep

    jestep Prominent Member Premium Member

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    #11
    Quickbooks and other popular commercial ones are a good idea especially once you are growing. If you have to get an accountant in the future, it saves a ton of time and work to be using a system that they're already comfortable with. Quickbooks is handedly the most popular.
     
    jestep, Jan 18, 2018 IP
  12. vats121

    vats121 Active Member

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    #12
    I'm actually an accountant from Sydney Australia but I would say Quickbooks is a good accounting software. In Australia, I also like MYOB & Xero. Xero has a great interface but I'm not sure if you can get it in the US or UK
     
    vats121, Jan 25, 2018 IP
  13. jrbiz

    jrbiz Acclaimed Member

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    #13
    So, is QB used in Australia? Is there an Australian version of it? I assume that QB-US and QB-AUS would be different due to differences in corporate accounting and tax laws, regulations, and best practices? Or are the majority of accounting systems pretty much the same, no matter the country?
     
    jrbiz, Jan 25, 2018 IP
  14. sarahk

    sarahk iTamer Staff

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    #14
    Xero is definitely international, it's transaction matching model is flawed - but better than myob's.

    I'm surprised QuickBooks is still around, didn't they have that 1c fraud thing with their online banking?
     
    sarahk, Jan 25, 2018 IP
  15. vats121

    vats121 Active Member

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    #15
    They sure are ie https://quickbooks.intuit.com/au/

    Xero originated in New Zealand. They have an excellent reputation in Australia. More & more accounting firms here in Australia are moving to them. Their tax software is getting better over time.
     
    Last edited by a moderator: Jan 25, 2018
    vats121, Jan 25, 2018 IP
    jrbiz likes this.
  16. JoeSpirit

    JoeSpirit Well-Known Member

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    #16
    Are you familiar with GnuCash? And if so, what is your opinion of that program?
     
    JoeSpirit, Jan 26, 2018 IP
  17. vats121

    vats121 Active Member

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    #17
    I actually never heard of it but it looks interesting. I'll give it a spin.
     
    vats121, Jan 26, 2018 IP
  18. JoeSpirit

    JoeSpirit Well-Known Member

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    #18
    I'd be interested in your opinion. I'm going through the instruction manual on it now. Never used it myself but I've had a copy on my hard drive for a few years. I get lazy sometimes and my spreadsheets have worked well for me s far.
     
    JoeSpirit, Jan 27, 2018 IP
  19. jcquek

    jcquek Greenhorn

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    #19
    I use Xero
     
    jcquek, Feb 23, 2018 IP
  20. Ant-Lion

    Ant-Lion Well-Known Member

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    #20
    I use Reckon One for my accounting needs. It's a cloud accounting package for Australia and has a phone app I can use to send invoices before I even leave the client's property if I am doing offline jobs. For my online stuff I dump the output of Blesta and Ebay into it.
     
    Ant-Lion, Feb 24, 2018 IP