Can anyone recommend an online alternative to Quickbooks? I need something web based that would allow be to keep track of income, expenses and invoicing. If I could import my Quickbooks data, even better. Thanks!
Clarification added July 14, 2007:
Thanks for to those that have suggested the Quickbooks or Peachtree online editions. Neither support Firefox or Macs, and I am looking for something cross platform and web based.
Good Answers (2)
Hey Andy, i am using a an Australian online account system called Net Accounts, i'd asume you could use this in the US - http://www.saasu.com, they also just released a connector for Salesforce which is quite useful for importing contacts. Cheers Barry
Links:
Joanie M.
Business and Technology Consultant
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You can actuallyl use your QuickBooks Pro, Premier or Enterprise version and work it like it's a Web-based application! visit www.cpaasp.com This group is licensed by Intuit to host the desktop versions of QuickBooks, so that you can get to it anytime, anywhere just like a Web-based app. This way, you keep using what you know, you don't have to convert your data, and you end up with a web-accessed QuickBooks system that can be used with Windows PC, Mac or Linux or whatever. The Windows version of the software is hosted, but you can use virtually any type of computer to access the service via the web.
Joanie
Links:
More Answers (15)
Quickbooks online is excellent. It's not well known though.
https://login.quickbooks.com
Curtis H.
Managing Partner at C5 Insight, Author, Speaker
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Hi Andy,
Unfortunately, there aren't many 3rd party tracking systems with QB integration. Here are a few I have found in the past. Note: I have not used any of these personally.
http://www.toadtime.com
http://www.timeledger.com – may be dated somewhat
http://quickbooks.intuit.com/product/add-ons/time-tracking-software.jhtml?view=sys_reqs
Hope this helps,
Curtis
Curtis C Hughes
StreamLogic Inc.
www.StreamLogicInc.com
Links:
- http://www.toadtime.com
- http://www.timeledger.com
- http://quickbooks.intuit.com/product/add-ons/time-tracking-software.jhtml?v...
Clarification added July 13, 2007:
2 more links that may be helpful:
http://www.tmarkiewicz.com/project-time-tracking-tools/
http://www.lifehacker.com/software/time-tracker/
Sheilah E.
Owner, ★SME Management:.......... Business Management and Accounting Consultant
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Hi Andy,
QB is about the best for online. However, have you consider not using an online system? Is there a reason you want it online?
Sheilah
Hi, Andy.
I understand you can use QuickBooks online. Peachtree isn't a bad option. I believe they have a free trial on their website.
-Belle
Links:
My company just switch to Quickbooks online and we love it. Give them a call and the setup is easy. They can upload your current data from your old program to the new. Monthly fee is $15-$20. You never have to worry about loosing data if your computer crashes and you will never have to buy updated versions ever again, because it's included in your monthly fee. Go to www.quickbooks.com
I'd have to agree Quickbooks online is the best and most compatible on the market.
A great system with the exception that it does not allow you to import data from your online banking system.(any bank) is less accounting. I know they are working on it.
Links:
Steve W.
Information Security Officer at The University of Texas at San Antonio
Best Answers in: Information Security (2), Using LinkedIn (2)
You may also want to look at <a href="http://www.xero.com/nz/overview/">Xero</a>. I haven't used it, but it looks like an interesting option based on what I've read and heard.
While not as comprehensive as Quickbooks, Freshbooks has a nice online invoicing platform. They are a growing company too, so I am sure they would take customer feedback a little more to heart than a large place like Intuit/Quickbooks.
Michael McDerment is their CEO and would probably be a good resource fr more info.
Links:
Joi P. also suggests this expert on this topic:
Why do you need a web based accounting software. Why would you trust your data in the web with your data stored on a server somewhere in the world.
If your concerend about transporting your data from one computer to another i would recommend a very affordable portable harddrive for under $100 you can load your program and your data always keep it with you wherever you go.
You might have a look at Netsuite
It's a bit more than Quickbooks, though.
Barry B.
Trusted advisor to companies on NetSuite, providing accounting and related services which add significant value
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NetSuite could be a great option, if you want to take your business to a new level, by integrating financial and non financial systems / information. I've worked with companies on NS since June 2000, and it may be worthwhile to look at NS to see if it's a fit for your business.
Links:
Kris S.
Retained executive search - cloud, internet, gaming, mobile, SaaS at Howard Fischer Associates
www.mint.com
Rick C.
How to Gain New Revenue Streams with Hosted Cloud Services - bit.ly/IqE8q1
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Andy,
NetSuite will meet your requirements for a web based system, it is platform independent (works on Macs or PC's) and you can import your Quickbooks data.
In response to the gentlemen's comments on why would you trust a web based accounting solution; First, for the same reasons you put your money in a bank and access it from an ATM from anywhere in the world, second because it's much more secure than a portable hard drive which can easily be stolen, lost or destroyed and you are screwed if you haven't been backing up your data on a daily basis as with NetSuite, and third, all of your information is integrated and available in one application, i.e. you don't have to run another contact management application to view your customer and contact information.
Rick Collins
rcollins@exploreconsulting.com
Links:
Julia Z.
VP of Corporate Communications, iolo technologies
Best Answers in: Public Relations (2), Professional Networking (1)
MyBizHomepage - www.mybizhomepage.com - is an excellent and free online tool that imports your QuickBooks data and presents it in an easy-to-understand graphic format, making it easy to track key data such as income, expenses, etc.
Hope this helps,
Julia
Links:
I used to be a QuickBooks Trainer. QuickBooks is often adopted by companies who want to avoid the expense of having an accountant assist them with their work. QuickBooks has a book and a course for accountants entitled (paraphrase) How You Can Mess Up QuickBooks and How to Fix It.
Quickbooks is an open system which can be run without "controls." To be without controls is to not be trusted by the accounting community and expecially federal and state regulatory agencies like the Internal Revenue Service (IRS).
Recently the IRS testified before congress on the "Tax Gap" and they are under considerable pressure to close the over 3 billion dollar tax gap. The IRS blames small sole/single proprietorship businesses for most of the tax gap. One million dollars of the tax gap is attributed to un or under reported income.
The IRS is no auditing those small proprietorships for un and under reported income where the IRS estimates from various means how much you really made. One of the criteria the IRS uses to determine if they can use these Formal Indirect Methods such as bank deposit analysis, net worth, or the percentage markup method is where the business has faulty controls or no controls.
It never hurts to start using a good accountant from the start to set up your books and records so that they are acceptable to third parties, such as federal and state reglatory agencies.
Al G. also suggests this expert on this topic:
Clarification added July 20, 2007:
please correct with: "One BILLION (with a B) dollars of the tax gap is attributed to un or under reported income."
