SecurityĪs I noted, Xero makes all the right noises about security. At the risk of repeating myself, here are my thoughts about security and subscriptions. Everyone’s mileage may vary, but I am glad we waited and saved a good 40 hours of messing around to make something else work, and then taking another 40 or so to teach my brother how to use it.Īh, those puffy white elephants in the room, which I tried to dispense with in the article. I looked at every, and I mean, every, other package out there, including Xero, and wasn’t willing to fix what wasn’t broken for us. Using the current version at $15 a month is less than we paid for yearly tax table updates before. Perhaps having started my career on 13 column ledger sheets and 10 key adding machines, my need for new and clean isn’t as great. Quick books is god awful and always has been. I don’t have to rewrite or adjust the chart of accounts. We have data back to 2002 that can still be upgraded and read should we need it. We are very happy we waited and quite content with the Windows version in its wrapper. He posits his day to day transactions, I do his bank and credit card reconciliations, and prepare financials for his tax accountant.All easy enough to download from his bank and and import into AccountEdge. Unlike you, I will not use a cloud based accounting system, and the last thing I want is all his accounts and credit cards attached to another company. Went through the same process for figuring out how to transfer my brothers construction firm. Have to say I am a retired CPA, have been using AccountEdge since it was Accountant Inc, before it was MYOB. So thank you for documenting the woes of using commercial software. I don’t suppose I will ever need a list of invoices and payslips from 1990 but they are still there in my system (in archive files - I was restricted to working files well under a megabyte). I have looked at products like MYOB over the years and have (easily) resisted the temptation to switch. The only tricky thing is that all output has to be saved as text files and converted to PDF for printing & archiving. Now that DOSBOX is available as 64-bit I suppose I will keep using it. I have transitioned through DOS, Windows 95, windows XP, Mac OSX to Mojave and still managed to run my software in a DOSBOX window. As Australian tax requirements have changed over the decades I have added or modified modules to try and keep the process as simple as possible. When I started my consulting engineering business in 1990 I used the same package. I used the brilliant DOS suite Open Access In the 1980s I developed a comprehensive accounting package for my father-in-law, who was spending a couple of evenings a month doing his company’s payroll.
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