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Updated 2 months ago on . Most recent reply

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124
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43
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Hussain Harun
  • Investor
  • Madison, WI
43
Votes |
124
Posts

Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)

Hussain Harun
  • Investor
  • Madison, WI
Posted

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!

Most Popular Reply

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Replied

I’m a CPA and my have no preference, but only recently signed up to Xero just to have that ability to offer to a client. But almost none of my clients use Xero. it’s really what the client likes better especially in my case where I just need the client to send me good reports. If they are wrong I tell client or bookkeeping to correct it. Most clients use QBO better but want to save money so they use Xero. 

Xero can be shared with CPA just like QBO so fees should not matter if reports are the same especially with classes by property.

$85 sounds steep for QBO I thought it was lower maybe you need to get the accountant to send a discount promo?

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