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Updated over 5 years ago, 04/12/2019

User Stats

9
Posts
8
Votes
Michael Cummins
  • Investor
8
Votes |
9
Posts

Bookkeeping Software recommendations

Michael Cummins
  • Investor
Posted

Hey guys,

I have been using a spreadsheet that I have customized to do what I need it to since I started buy and hold investing.  Now 10 in, I'm finding that a lot more cumbersome than I used to, and think its time for some sort of accounting software.  

I'm a one man band, other than hiring people for some specific tasks, but all my accounting is done by me other than the actual tax filing.  I don't plan on that changing, so I don't need overly robust software.  I find quickbooks and many of the other software solutions to be a bit overbearing to work with, as they're made more for a large group of people interacting with it.  I want simple.  

I think the main things I'm looking for is the ability to import my credit card and bank account info, and then categorize to each property and sub-expense category, quickly and easily.  An app for my Android phone would be a huge plus, but not required.  

I've a decent amount about Stessa and UpTop lately, any experience with either of those? Do they fit what I'm looking for?  I know UpTop is just rolling out their accounting stuff right about now, so might not be much experience there... Any others you like that are simple, preferably free (or at least very inexpensive), and secure enough to trust with your banking info?  

Thanks.  Taxes are becoming a bear to prepare for, trying to avoid that headache for next year if possible.  

Mike

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