5 ms·
My best online accounting experience so far has been with Xero. Xero has pretty good bank and payroll feed integration, good customizable tracking classes, and
by molsongolden 13y ago
My best online accounting experience so far has been with Xero. Xero has pretty good bank and payroll feed integration, good customizable tracking classes, and it's geared towards the small business user. It ends up being a little pricier than buying a prior year desktop version of QuickBooks but it seems to be the best online package and they're actually pushing and working to make accounting easier vs. QuickBooks online which has just been a poor version of their desktop software.
There are lots of tradeoffs but it mostly comes down to 1. bookkeeping skill/comfort level and 2. budget. A good third thing to consider is whether you'll need to get your data to an accountant and if so, can you do this in a format that will be usable by them.
I haven't seen the QB online refresh yet so that might have improved.
I used Wave as recently as a year ago (had a client using it) and it was frustrating to pull any sort of meaningful reporting from and it lacked some functionality.
- molsongolden 13y agoBeen using QBO the past two days for a client. One more pro for Xero vs. QBO is that Xero lets you open things in new tabs so you can have multiple reports open. QBO doesn't seem to let you do this and it's time consuming to keep re-running reports.
- than 13y agoSeconding Xero. The freshly released Stripe integration has sealed my decision to park my invoicing and time tracking there, instead of trying to manage 2 or 3 different apps.
- 3pt14159 13y agoXero is really good. Really useful if you arn't just doing simple accounting (for simple, non-double ledger accounting, I used to use FreshBooks).
- brianhorakh 13y agoMy company decided to eat-what-we-were selling/telling customers to do and went 100% cloud (google apps + xero), it's been awesome. We still use QB for payroll, planning on moving to ADP (or something else) soon.
- molsongolden 13y agoI haven't tested it out yet but ADP supposedly integrates tightly with Xero and will auto import once you've mapped the correct accounts.