What Accounting Software Should We Use?

Startup culture has its own conventional wisdom. Consider the case of Startup Savant –

Startup Savant Provides Reviews of Relevant Products and Services for Startups

So how does the Startup Savant website support itself?

Understanding Their Business Model – Transparency About their Conflict of Interest
https://the-hatchery.org/wp-content/uploads/2018/08/conflict-of-interest.m4a?_=1

So Which Accounting Software Should You Use for Your Startup?

According to the Startup Savant Xero is the No1 Package for Startups

At the end of the blog post, the writer suggests that readers take advantage of the available free trials.

Really?

It’s hard enough to get someone to do the bookkeeping, let alone try it once for each package that you want to evaluate.

WHICH ACCOUNTING SOFTWARE SHOULD WE USE?

https://the-hatchery.org/wp-content/uploads/2018/08/which-acctg-software.m4a?_=2

That’s The Wrong Question! …Or at least you’re asking the wrong person

Don’t ask the entrepreneur to decide on the accounting software based upon “unbiased” reviews. Instead the entrepreneur should consider who is going to be using the software. We recently put together an “Outsourcing Guide to Accounting and Finance” that might provide a useful overview of the skills available in the market. At any rate, once you’ve selected the person you want to use in an accounting role, find out what they are familiar with or what they recommend.

These days the choice is fairly easy in our view:

There are 3 excellent online accounting packages suitable for small business:

  1. WAVE ACCOUNTING
  2. XERO
  3. QUICKBOOKS ONLINE