![]() ![]() Further, Moneydance loads in 3 to 4 seconds. I have 20 years of data and even with all of that data loaded in Moneydance, the search was amazingly fast. I could search through the tons of transactions with amazing speed. However, I did take time to see how fast it was. I did not want to spend hours (if not days) getting that all sorted out. The conversion worked, but the data was a mess. The first thing I did was try to import all my Quicken data. In fact, I'm still giving it a try, as I'm willing to give any package an opportunity. I took a very serious look at Moneydance. Quickbooks Online - Which is the most like and lives in the cloud.I received a number of comments asking that I post a follow-up on my investigation.Freshbooks - Which is really just for invoicing customers. ![]() There are quite a few small business accounting software packages available: Though at one time Intuit did own Quicken. From the ones listed below, Quicken and Freshbooks are not owned by Intuit. So while GnuCash might not be a terrible option, be prepared to support it yourself.įortunately Intuit, the maker's of, has a few other options available for your small business. In addition, I prefer something that my accountant can work with, which in their case is Quickbooks. Most of my business uses open source, but not my accounting and billing. Otherwise you run the risk of piercing the corporate veil. So in my case from a legal perspective I must keep them separate. It's also the fact my business is incorporated. I personally like to keep my personal life separate from my business. It's also typically not a good idea to mix business with pleasure. It does not have the ability to manage contacts, create invoices, perform accounts receivable, manage accounts payable, or track inventory. In addition, Mint is read-only and does not have any features needed for a business. You are really asking about two different types of programs. Will the basic edition of Mint do this, or would it be better to go with one of the other programs out there? (I'd like to stay with a free program if possible.) Also, have you reviewed GnuCash? – Tasha Answer: I'm very familiar with MSN Money for managing my personal accounts, but now need an accounting program to help me manage contacts, create invoices, perform AR & AP, and track inventory as well as personal finances. Doing it via pad and paper is a nonstarter in today's electronic business world. If you are serious about your business, then you must look professional to your customers. ![]() There are many accounting programs out there, and I plan on reviewing these programs in the future as well. This time a reader was asking about accounting packages for small business. We may receive compensation when you click on links to those products or servicesĪnother reader submitted question. This article/post contains references to products or services from one or more of our advertisers or partners.
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