Personally I use VT transaction+ which is great for service businesses but not so good for box stackers and shifters due to its lack of stock control functionality.
In the UK Sage is by far the most prevelent software. Its generally good all round but is expensive as Sage charge you per client rather than it being a one off fee.
In America the prevalent software is Quickbooks. That is only now starting to make a head way into the UK helped greatly by Intuit not charging per client and Intuit also running roadshows and having many special offers on their software.
I would say that for the UK market Quickbooks is initially harder to use than Sage especially as most training available seems to still be in Sage.
There are also numerous cloud based offerings such as Kashflow, Xero, online offerings from Sage and Quickbooks, etc. I don't use those but they have a growing following.
Many practices use combinations of software dependant upon client requirements.
So the basic answer is that there there is no simple answer to this question but rather one's software is generally either dictated by the needs of one clents or one's clients are dictated by the software that one's practice runs.
Hope that helps although it's non answer nature will probably cause more questions than give answers,
kind regards,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I recently, after many years of being firmly against it, made the move to cloud recently. When I did I tried a few providers and Xero was the best for me and cheapest. I've since found some really basic stuff missing like quotes. Since then Kashflow has changed their pricing structure and is now so competitive I may look at moving my clients at the end of the month.
My advice, much like Shaun, is to try a few packages and find one or two which suit you and your target market.
In the previous incarnation of my business, I only used Sage. I'd visit potential clients and ask them about their business. Then I'd demonstrate how Sage could be used to manage their accounts, or tell them it wasn't suitable and that I couldn't help them. So I'd want to know about your business, and what you want out of it, before suggesting suitable software. Is this for providing accounting services to clients, or for running another type of business, and if so, what does it do?
Although I only sold and supported Sage in my accounting business, when I was involved in setting up a renewable energy company I chose QuickBooks, as my 15 years of Sage experience told me it wasn't suitable. When I left the company, the person who replaced me bought Sage (and not from me :( ), because it's what she was familiar with. I never asked how she got on, and whether she was able to do all the useful stuff I managed with QuickBooks that Sage wouldn't do!
Hey Friends! Thanks for your helpful suggestions. I would like to go through all the software's suggested by you. I was thinking to use Quickbooks for accounting purpose but I was not sure about is this software is fine to work with. You guys suggested me with multiple software's so I also have an option to fluctuate with my choice. Thanks a lot. Your Ideas are appreciated. Have a nice day ahead.
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