Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 10 days ago, 12/15/2024
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
Hi,
I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?
I have been using Quickbooks online for years and love that it's the industry standard and robust software. However, since I need the Plus version for class tracking since I have multiple properties I'm paying $85/mo. I have been using Xero and Quickbooks online side by side for a few months and Xero seems just as robust. Xero is only $13/mo. Xero is wildly popular outside the USA.
I'm wondering if anyone made the switch away from Quickbooks and how it's affected their relationship with their CPA? Specifically, has it changed their tax preparation bill since they can't just send their Quickbooks file over to their CPA?
I appreciate and welcome any thoughts, concerns, or ideas!