What is your favorite accounting software? What attracted you to it?
The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.
“I love using QuickBooks online because it is available wherever I am, it’s easy for my accountant to log in with her own permission set (that I assign) and it easily integrates with all of my bank and credit card accounts.”
– Windsor Hanger, Her Campus Media
“At Hired, we’ve found that connecting our bank accounts and credit cards with Xero has been great. Expenses automatically get categorized, reconciliations are one click and there are integrations with companies like Expensify and Bill.com — both of which we also use at our company.”
– Matt Mickiewicz, Hired
“For personal use, I always stand by Mint. It’s intuitive, easy to use and free. The hardest part of any accounting software is making sure you use it consistently, but Mint makes that simple by offering the software in the form of multiple apps.”
– Daniel Wesley, Creditloan.com
“We used to use QuickBooks but felt it was too slow and dated. We switched to Bench, which is cloud based, fast and comes with a bookkeeper to manage the accounting basics for us. I love this service! It provides the “need to know” info for us, and they take care of the rest.”
– Patrick Conley, Automation Heroes
“There’s a reason that QuickBooks is still used by 80 percent of our clients. We put our clients on a hosted version rather than online because it’s more robust and offers great functionality. Companies can access it anytime, anywhere. I also like QuickBooks because there’s a product for every stage and level of financial complexity.”
– David Ehrenberg, Early Growth Financial Services
“FreshBooks is a simple, cloud based accounting software that makes it quick and easy to get all of your finances in order. It’s reasonably priced and has support for lots of third party apps to integrate all aspects of your business in one place.”
– Josh Weiss, Bluegala