Thursday, August 28, 2008

Accounting Software

The one major difficulty in running a business entirely on Macs is the availability of decent accounting software. Basically, you have two options: Quickbooks and MYOB. Quickbooks is easy to use and works fine for a sole proprietor, but it falls flat as things get a little more complicated. MYOB Accountedge, though it has a strange interface, can take a small business much farther.

It has a good chart of accounts functionality, good controls built in and is generally superior to Quickbooks in almost every way. However, it has limitations which our SmallBiz is starting to run up against. We need something a little more robust, that can handle consolidation and other things that are tougher to do in entry level packages. I would love to use Peachtree, but unless you are running Windows, that is not an option. I have tried almost everything I can find for the Mac, but nothing seems to be close.

We have looked at online stuff, like NetSuite, but we don't like that option very much. Perhaps we are a little old fashioned about having our financial information on teh interwebs, but the real issue is speed. We have a pretty speedy T-1 connection here, but these things are still very slow to run. Too slow.

So, the search goes on. Feel free to post any suggestions and I will definitely check them out.

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