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  1. #1
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    Default Accounting software

    I'm hoping some of you lovely hubbers can help me.

    DH and I are in the process of starting our own business, which means that I will have to start doing our bookkeeping (something I am nervous about doing!)

    I need to choose which accounting software to use, but I really have no idea where to start and it all feels a little overwhelming. Everyone I talk to uses a different program and they all seem to have pros and cons. Our accountants are pushing a new program (that I can't remember the name of), but it sounded very, very complicated to use.

    It needs to be really easy to use because I am new at all this (although I do pick things up pretty quickly) and we'll need it for pretty basic accounting like invoicing, GST etc.

    So, what do you use? Do you like it? Do you buy the software, or use an online version? Did you need any training to start with?

    Thanks in advance everyone!

  2. #2
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    We have myob and our accountant trained us on it - I think we just bought the software - I would use what your accountant recommends as that way if you need help they can help you - it really is easy once you know how to use it - it probably seems hard as you have never used it before !

  3. #3
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    I use BankLink. I don't have the invoicing package but you can get it. Every month it downloads my bank statement from the bank and I code the entries. Best bit is a lot of our entries are memorised by the program so I don't have to code them. Then I send my file back to the accountant electronically.

  4. #4
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    We use Xero.
    I got it discounted through our accountant. They also trained me how to use it and are happy to answer any questions.
    It's not fool proof but close to it.
    It's my first time doing books and I'm not finding it hard to use.

    Good luck.

    Sent from my GT-I9300 using The Bub Hub mobile app

  5. #5
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    Not me using it but...my boss switched from MYOB to Xero last year and we have had no payroll issues since whereas every week was a drama on MYOB. She also showed it to me once and it was pretty foolproof by the looks of it.

  6. #6
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    BH-KatiesMum is offline Community Manager
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    I am an accountant - and our clients mostly use MYOB or Quickbooks

    mostly I use MYOB as it is fairly common to clients

    its pretty easy to use and has add ons for most things as your business grows

  7. #7
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    I use MYOB and Quickbooks. Cant complain about either :-)

  8. #8
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    Xero is way easier than myob and less hassle from my point of view. Especially if your accountant needs access to the file as you don't have to email files around, they can just log in. I used myob for about 10 years and switched to xero in 2012. I wouldn't go back in a heartbeat

  9. #9
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    When I did my certificates in business they use myob. Most of the small companies I deal with at work seem to use myob too

  10. #10
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    Quote Originally Posted by crankyoldcow View Post
    There is now a cloud version of MYOB eliminates the need for emailing files.
    Same for QB too


 

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