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QuickBooks Alternatives?

Posted on 5/31/23 at 4:16 pm
Posted by WB Davis
Member since May 2018
2070 posts
Posted on 5/31/23 at 4:16 pm
A family member runs a small business that pays taxes as a single-member LLC, no employees. I help with the bookkeeping and it's pretty straightforward.

About every 3 years they'd get QuickBooks Pro Desktop at Costco or Sam's for $159, because Intuit would cut off Web Connect bank access on versions more than around 3 years old.

Those days of buying reasonably-priced QuickBooks software are over. You can no longer get current, paid-up QuickBooks licenses at retail stores.

Today QuickBooks sent an email saying that the annual cost for an equivalent desktop license is now $549.00 per year.

Can anyone suggest a better alternative?

ETA: I asked an accounting buddy about this. He said, "What are you nuts? $50 a month is dirt cheap for accounting software."

This post was edited on 5/31/23 at 4:40 pm
Posted by Nephropidae
Brentwood
Member since Nov 2018
2386 posts
Posted on 5/31/23 at 6:18 pm to
Fiverr bookkeeping gig could work. Maybe $50/ quarter But you won’t have QB anymore would just be an excel sheet you sent to tax prep. Depends on number transactions.
Posted by doublecutter
Hear & Their
Member since Oct 2003
6586 posts
Posted on 5/31/23 at 6:49 pm to
Go to Quickbooks Online. There are different subscriptions depending on several factors, like does the business have inventory, is job costing needed, etc.

On their website they have a table that you look at different options or needs and it tells you which subscription is best.

And I've several people tell me they like Xero better than QuickBooks for a small business, but I don't know anything about it.
Posted by whiskey over ice
Member since Sep 2020
3261 posts
Posted on 5/31/23 at 7:18 pm to
what kind of business? might help in the decision
Posted by Shamoan
Member since Feb 2019
9203 posts
Posted on 5/31/23 at 7:22 pm to
Sage products might fit the bill. Not sure of the price point, but I use sage 300 at my office.
Posted by CHGAR
Haile, LA
Member since Aug 2022
564 posts
Posted on 5/31/23 at 8:10 pm to
Quickbooks Online is good, simple start or plus should work for what you describe. Xero might a decent option to try.
This post was edited on 5/31/23 at 8:10 pm
Posted by bobdylan
Cankton
Member since Aug 2018
1530 posts
Posted on 5/31/23 at 9:19 pm to
quote:

About every 3 years they'd get QuickBooks Pro Desktop at Costco or Sam's for $159, because Intuit would cut off Web Connect bank access on versions more than around 3 years old.


Curious whether his version of qb will still let him download transactions from his bank or CC online and import as a web connect file?

It is frustrating how hard intuit has pushed for everyone to switch to online.

If not, maybe check xero?
Posted by Gauxt
Prairieville
Member since Oct 2013
325 posts
Posted on 6/1/23 at 4:13 pm to
It seems like QB is pushing online version and do away with desktop. I just renewed the desktop and I'll be damned if I can figure out how to remove my credit card so it doesn't auto renew next year.
Posted by WB Davis
Member since May 2018
2070 posts
Posted on 6/2/23 at 2:57 pm to
Unfortunately, like my buddy in finance said, if you need double-entry accounting software that can issue PO's and checks then $50 per month is about the lowest you'll pay.

I checked a number of competing software offerings and even the sketchy-sounding products cost at least that.

It's frustrating to go from ~$55 per year a few years ago to $549 per year now, given that we don't want new features beyond what was in QuickBooks 2016.
Posted by Slevin7
Member since Sep 2015
1965 posts
Posted on 6/5/23 at 8:47 am to
Kim Commando addressed this Saturday.

She listed:

Gnucash
Xero Accounting Software
Wave

I think there is more information available at kimcommando.com
Posted by JumpingTheShark
America
Member since Nov 2012
22903 posts
Posted on 6/5/23 at 9:41 am to
Our firm switched all bookkeeping clients to quick books online. I really like it, the most basic ones are paying like $30 a month or something for access.
Posted by lsujro
north of the wall
Member since Jul 2007
3921 posts
Posted on 6/5/23 at 3:05 pm to
Xero is a good alternative
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