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Updated over 14 years ago on . Most recent reply

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Vikram C.#5 Off Topic Contributor
  • Real Estate Investor
  • Phoenix, AZ
1,843
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Create your own accounting software?

Vikram C.#5 Off Topic Contributor
  • Real Estate Investor
  • Phoenix, AZ
Posted

My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for easier classification and reporting but conceptually they are very simple.

When I look at the accounting software available, it seems to me that they are too complex for my needs. Should I just create my own accounting software? I feel that it shouldn't take more than a week to come up with something very basic that should allow me to move away from Excel.

Or should I use one of the online accounting sites such as Clarity Accounting, Xero, Saasu, etc?

I wouldn't want to use a desktop application for this because I will have multiple users in different countries who need to access it. So any solution will have to be an online solution.

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