Accounting in the cloud

POS SOFTWARE

Now there is a lot of interest with my clients on whether to move their accounting from a computer to online. It is a good time for the consumer as there are quite a number of good choices now. MYOB Essentials, Xero, Intuit QuickBooks Online, Reckon One, Saasu and Sage. We at moment are waiting to see what our clients do.

Here is my view on the market now.

MYOB

I think it is nice and easy to use the software. It is fairly easy to automate the bank into it. I would budget to use it about $40 a month which includes payroll. Press this link here for details

Xero

It is also a nice program, which has some big improvements coming particularly with the dashboard. People say its confusing at the start to use but after a while its good.

You are probably looking at about $50 to $60 a month for the basic package. What you also might consider is the integration which we have not looked at but one of our competitor's charges about a $1000 plus $35 a month on top for this function. Together it makes it a very powerful package.

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Reckon One

I have not seen it yet, as we're just invited to go to the launch but from what I am hearing its possibly the best one. Apparently, it has a really good dashboard. Pricing is difficult to establish now but it looks very much that the user will be able to nominate exactly what they want and the charges are determined from that.

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