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Thread ID: 135511	2013-11-12 00:40:00	Accounting Software - Desktop or Cloud ?	Digby (677)	PC World Chat

Post ID	Timestamp	Content	User
1359530	2013-11-12 07:48:00	I use Quickbooks - great for users that aren't accountants, but admittedly, it's inventory management is only "adequate". I compared MYOB and Quickbooks (some years back now) and decided Quickbooks was far easier to use. Like others, I wouldn't bother with cloud services unless there was a definite requirement / benefit.	wuppo (41)
1359531	2013-11-12 07:49:00	Haha point taken. But really I don't see how this could happen as Xero would never keep that quiet.	hueybot3000 (3646)
1359532	2013-11-12 10:55:00	Agree xero is expensive. You should check out http://saasu.com Cheaper than xero and does include inventory on some plans.	CYaBro (73)
1359533	2013-11-12 19:03:00	At the moment I am more concerned with the concept of cloud computing rather than the features she needs. She may like access to the system as she travels a lot. So I will need to ask her that. I would be more concerned if say Zero went broke and then your accounts came to a halt. If you buy the software outright, then if the company goes broke, then at least you can use it for a few years.	Digby (677)
1359534	2013-11-12 19:07:00	At the moment I am more concerned with the concept of cloud computing rather than the features she needs. She may like access to the system as she travels a lot. So I will need to ask her that. I would be more concerned if say Zero went broke and then your accounts came to a halt. If you buy the software outright, then if the company goes broke, then at least you can use it for a few years. Considering that Rod Drury is a very successful entrepreneur and that Xero has been around for about the past 5-6 years and is currently with about 3.5-4 Billion dollars, I don't see them going broke any time soon.	Webdevguy (17166)
1359535	2013-11-12 19:23:00	Considering that Rod Drury is a very successful entrepreneur and that Xero has been around for about the past 5-6 years and is currently with about 3.5-4 Billion dollars, I don't see them going broke any time soon. Yes he is a successful guy. The share price values the company at 3 or 4 billion. But they loose money each year as they are building up their customer base. If the sharemarket crashed what would happen then ?	Digby (677)
1359536	2013-11-12 21:01:00	Just :2cents: If she goes with Xero, it will HAVE to be the business option which of course is more expensive. The Xero Personal is closing down in November 2014 winding-down-xero-personal (blog.xero.com) Just looking at the pricing ( which has to be taken into account) - unless they are doing 5 or less invoices / month the next plan is close to $676 per year. She may like access to the system as she travels a lot. If shes dealing with foreign currencies as well then she would need the more expensive plan @ $736 / Year www.xero.com	wainuitech (129)
1359537	2013-11-12 21:49:00	I am leaning more to MYOB as they have inventory control and payroll which she would like. I think she does about 20 invoices a month. Big contracting type jobs No overseas currency Money is not a major problem, just gettting the best system.	Digby (677)
1359538	2013-11-12 23:37:00	Please... anything but MYOB. It's archaic, does not properly integrate with Office, and their support is less than useless. Also, unless she uses Outlook as her email client, expect trouble trying to send emails directly from MYOB.	Antmannz (6583)
1359539	2013-11-13 01:20:00	Yes he is a successful guy. The share price values the company at 3 or 4 billion. But they loose money each year as they are building up their customer base. If the sharemarket crashed what would happen then ? If our share market crashed Xero would still be in business considering that they have some 200,000+ paying customers and are generating revenue every quarter. They would probably just trim a few staff and only be worth $100 million or so. Which ever one she goes for, she would be claiming a certain amount of the licensing cost back as a business expense.	Webdevguy (17166)
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