What accounting system do you use for your business?

[Steve Fitzpatrick]

I ended up choosing quickbooks for my business - the last business i ran used MYOB but i found it hard to learn. So far QB has been good for me, though still getting used to finding some of the reports i want.

[v2Media]

What I use doesn't matter. Doing the books is tantamount to medieval torture; I'd rather have teeth pulled than do it. Respect bookkeeping? Maybe the way it was done a hundred years ago, but today it's a messed up Frankenstein monster that totally confounds thanks to 'modern' software and 5 miles of bureaucratic red tape and tax laws.

MYOB is the form of torture I endure. I look forward to the day when I can find a competent accountant, the past 5 have been slack asses, and mobile bookkeeper that don't charge ridiculous fees.

[precisebooks]

Hi Folks,

I guess its my first post!! Hoorah!! I reckon MYOB is still Australia's number 1 used software, even after all theior glitches in the previous roll-out. In their conference they also outlined the MYOB live version, which is pretty funky @ $25/month, and no upgrades required with payroll functionality.

Quicken is good, but seldom used - MOst of my clients are with MYOB. Xero is nice and easy - I believe that their are a few others in the online space.

I use other complicated systems too -- Open Practice for Law firms,
Cheers
Mayo

[pressurewashing]

I use MYOB which is great when im in Australia and many accountants use MYOB too or at least have access and knowledge of it.
Not so good when i'm in the states trying to deal with accountants.

[JakeThomas]

I think each of the book keeping solutions all thave their pros and cons - it's a matter of speaking to someone qualified and telling them exactly what you want, and they will suggest a solution to you.

When I first started my business, I used MYOB - it was an absolute nightmare because it wasn't suited to what I do.

Now I use Xero, my weekly book keeping time is halved and it works great for my business.

[emalynamgs]

MYOB & Quickbooks!