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Quickbooks vs Xero vs Wave Accounting
Planning to scale my VR biz using capital partners which means multiple partnerships and more complexity going forward: ie, multiple properties with dedicated bank accounts for each partnership.
Need to choose a RE diy friendly accounting software that will allow me to do the book keeping on multiple businesses (ie partnerships), ie scale. One day I will hire book keeping out (hasten the day!). If I have a handful of businesses with different accounts tied to each one, what is the most user friendly and efficient accounting software choice?
I’m looking for the best system with the most automation functionality possible. QB, Xero and Wave (recently suggested by a fellow investor) are the 3 I’m considering. Willing to put in the hours to wrap my brain around this critical part of the biz. Looking for advice from all the tax professionals, book keepers and CPAs in BP Nation all of which are slammed right now. When you come up for air please weigh in!