Online accounting software can make running a business much easier. It automatically imports and categorises bank transactions, gives your accountant and bookkeeper same-time access from their own offices, updates your inventory on the fly and can produce real-time reports.
By eliminating repetitive chores of desktop software, online accounting can speed up business. Users can access information anywhere, anytime with any mobile device and never have to worry about software versions again.
Which program should you choose? With over seven online accounting programs competing for the small business market it is difficult to work out which is right for your business.
BoxFreeIT has reviewed some of the leading programs, and these reviews are listed below.
The rapid pace of innovation by all players ensures that the mix of features and abilities is constantly changing. This page will be regularly updated with new reviews of the same and different programs – bookmark it to make sure you’re up with the latest.
Xero and MYOB AccountRight Live Review #1: MYOB’s Bookkeeping Partner of the Year 2013 reviews the two fiercest rivals in online accounting. Topics include pricing, payroll, support and other functionality.
Xero and MYOB AccountRight Live Review #2: Xero’s Bookkeeping Partner of the Year 2013 responds with a review that acknowledges the fundamental difference in approach to building cloud software between the two programs. Pricing, payroll and other features compared.
Businesses on a fast growth curve should consider JCurve, a small business version of enterprise online accounting program NetSuite. A small business using JCurve can move seamlessly to the same accounting software used by multinational companies. This review compares JCurve to Xero and Intuit’s QuickBooks Online.
A comparison of Intuit’s Quickbooks Online (QBO) and Xero looks at the constant change within the cloud space. (Xero has added purchase orders since the review was written.)
The Institute of Certified Bookkeeper (ICB) assessed online accounting programs for 10 features considered mandatory for conducting business in Australia. These included bank feeds, emailing invoices, payroll, support and reporting. Saasu won a closely contested field.