Thursday, May 24, 2018
An alternative to Intuit's Quickbooks for accounting software?
For those who've been following the saga of Intuit's deliberate slighting of its firearms industry customers, and wish to boycott that company's products (as I'm doing), there are a couple of excellent alternatives to its Quickbooks small business accounting software.
My accountant had recommended that I use Quickbooks for the company Miss D. and I have just set up, as a corporate structure for our books and publishing activities. However, in the light of recent events, that's obviously a non-starter. I looked online, and found that PC Magazine had recently reviewed "The Best Small Business Accounting Software of 2018". There were three Editors' Choice awards: Quickbooks, Wave, and AccountEdge Pro (follow the links to the reviews). The latter costs $399, whereas Wave is free to try, free for limited business use, and very low-cost even if you add in its advanced features such as payroll processing. Naturally, given that both packages were equally highly rated by PC Magazine, I chose Wave on cost grounds.
I've been playing with Wave for a couple of days. It's easy to master, particularly if you've used any form of personal finance or small business accounting package before. I particularly like the fact that it offers genuine double-entry accounting, something many "lightweight" packages lack. My accountant says it'll do just fine from his perspective, so as far as I'm concerned, I'm going to be riding the Wave!
I figured some of you might be interested in either Wave, or AccountEdge Pro, as viable alternatives to Quickbooks. If anyone has a favorite tax preparation package that's a viable alternative to Intuit's TurboTax, please let us know in Comments. (Miss D. and I are going to have our accountant prepare our taxes - it's not much of an additional charge, over and above preparing our business accounts.)