Started By
Message

Best Multi-User Accounting Software?

Posted on 4/3/19 at 1:27 pm
Posted by BentonTiger7
Benton, LA
Member since Sep 2011
2301 posts
Posted on 4/3/19 at 1:27 pm
Long story short, my brother and I started an oilfield industrial supply company. We have plenty of knowledge on products and have the contacts/relationships to make the sales. We are just getting overwhelmed with trying to do the books. We have only been open about a month but we are selling faster than we expected.

I know that we will need to hire someone to do them for us pretty soon but we'd still like to learn how to do everything so we can keep an eye on it. We are currently using Quickbooks Online and it's not very user friendly. Our CPA hates it. She recommended Sage. Anyone familiar with it?

What is the most user friendly multi-user accounting software out there? We will even pay someone to help us implement everything and help us get familiar with it. As of now we will probably buy Sage but I figured this may be a good place to get good info. Looking to buy whatever program asap.

I originally posted this on the Money Talk board but there isn't enough traffic over there.
This post was edited on 4/3/19 at 1:39 pm
Posted by 225Tyga
Member since Oct 2013
15821 posts
Posted on 4/3/19 at 1:28 pm to
quote:

I started an oilfield industrial supply company


Posted by Oilfieldbiology
Member since Nov 2016
37547 posts
Posted on 4/3/19 at 1:29 pm to
Money board may provide better results. Just a thought

Edit. I didn’t read your whole post as I have no clue how to help. My b
This post was edited on 4/3/19 at 1:29 pm
Posted by BentonTiger7
Benton, LA
Member since Sep 2011
2301 posts
Posted on 4/3/19 at 1:30 pm to
quote:

225Tyga


Lol responses like this is why I tried the Money Talk board first.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41152 posts
Posted on 4/3/19 at 1:31 pm to
Quickbooks is the answer here. You can train a monkey to use it and ANY question can be answered via Google. Your accountant will probably even help you get started with it.
Posted by atxfan
Member since Jul 2004
3538 posts
Posted on 4/3/19 at 1:32 pm to
Congrats on beating your sells forecasts.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 4/3/19 at 1:32 pm to
QBO has come a long way in 15 years but it is still lacking. My wife uses Sage and it's good if you are having to set up multiple city/county/state tax percentages.
Posted by 225Tyga
Member since Oct 2013
15821 posts
Posted on 4/3/19 at 1:35 pm to
sells vs sales

asking message board about accounting

...I give it a month.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 4/3/19 at 1:36 pm to
SAP is good for accounting, Vantage might be better for supply chain. I'm not familiar with sage, but if your cpa recommends it go with it.
Posted by RJL2
Bruno's Tavern
Member since Apr 2015
1933 posts
Posted on 4/3/19 at 1:43 pm to
Use the desktop version of quick books. Sage is okay but non-accountants have trouble with it in my experience.

I have done some small biz system implementation and I have had the best results with quickbooks desk top. If you are worried about remote access I would suggest setting it up cloud based through a remote desktop or a citrix server (I use swizznet)

Quickbooks online is awful. They tried to make it really user friendly for people who don't know what their doing and it makes it harder to use for accountants in my exp.
Posted by The Nino
Member since Jan 2010
21521 posts
Posted on 4/3/19 at 1:45 pm to
We’re currently on Sage50, but we’re likely going to switch to QBO. Sage’s Cloud network is an absolute clusterfrick if you plan on using it in multiple location. The also have not been giving release notes on their updates, so you have no clue what changes are being made.
Posted by BentonTiger7
Benton, LA
Member since Sep 2011
2301 posts
Posted on 4/3/19 at 1:49 pm to
quote:

sells vs sales

Simple typo(brain fart) while multitasking.

quote:

asking message board about accounting

Not the only place I'm asking or researching but there are a ton of people on here and I know some will be able to aid in my research. Plus it's looking like we will be hiring someone to run our books and a delivery driver very soon.

quote:

...I give it a month.

Someone is bitter. All signs seem to point in the direction that this will be successful. I have a very good job to fall back on though. So I have nothing to lose and a lot to gain. Thanks for your concern.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 4/3/19 at 1:50 pm to
quote:

The also have not been giving release notes on their updates, so you have no clue what changes are being made.


QBO doesn't either. They will let you know when they'll be down but as far as changes being made it is hit or miss on getting notified.

The one thinng I like about QBO is processing credit cards and letting customers do bank draft payments and CC payments.
Posted by BentonTiger7
Benton, LA
Member since Sep 2011
2301 posts
Posted on 4/3/19 at 1:50 pm to
quote:

RJL2


Good info. I'll keep all of this in mind.
Posted by GoHoGsGo06
Member since Nov 2006
5739 posts
Posted on 4/3/19 at 2:04 pm to
If I were you; I would outsource the bookkeeping to a firm who knows what their doing. Y’all should be focused on operations/sales. Then have monthly quarterly financial reviews with them where you get to ask questions on the financials they have prepared. Lastly; get an external audit from a different company on those financials.

Disclosure - I am a CPA.
Posted by BentonTiger7
Benton, LA
Member since Sep 2011
2301 posts
Posted on 4/3/19 at 2:07 pm to
quote:

If I were you; I would outsource the bookkeeping to a firm who knows what their doing. Y’all should be focused on operations/sales.


We were planning to do it ourselves to keep operating costs to a minimum as long as possible. I'm starting to think we may need to take this route though.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56290 posts
Posted on 4/3/19 at 2:08 pm to
Great Plains
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 4/3/19 at 2:09 pm to
quote:

I would outsource the bookkeeping to a firm who knows what their doing.


Until he makes some sales off the books
Posted by StringMusic
Metaire, LA
Member since Dec 2006
622 posts
Posted on 4/3/19 at 2:20 pm to
Someone earlier posted Great Plains. It's now known as Microsoft Dynamics/GP. You can get it on prem or in the cloud. It's easy to use. Also get a price from a CPA firm that partners with Netsuite from Oracle. It's often in the same price range.

Dynamics/GP is relatively cheap if you simply have one company and you don't need some of the extras.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37116 posts
Posted on 4/3/19 at 2:41 pm to
Sage is a very good series of programs that are scaleable, Sage 50 is the old "Peachtree". But, Sage 50 even though it's the most basic line, may still be overkill for you. It's a true accounting program.

Quickbooks Desktop is still the gold standard for small business accounting especially if the business owner wants to be involved (and you should - that's a smart move on your part).

QBO has gone from absolute crap to mostly crap so i guess that's an improvement =) but t is not at all user friendly and the reporting features are really rough.

Another option that is popular with small businesses is Xero. Although my experience has been that a lot of older CPAs / firm CPAs aren't very familiar with it. It's a great program though and especially if being cloud-based is important to you. But you will need to find a CPA - likely a younger one - that knows how to use it.
This post was edited on 4/3/19 at 2:48 pm
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram