I recently started to use Wave. A client found it a while back and I have to admit to being impressed. Its Cloud based and FREE. It also has the facility to "invite" collaborators, so each login can have lots of different accounts attached.
Our practice changed to VT full package maybe a year or so ago, and it meets our needs better.
We have to make adjustments for flat rate VAT and keep a separate asset register but I like being in control of the software , rather then the other way round.
However we do drop the Accounts into Taxcalc, for ease of filing
Maybe not the cheapest way to do it, but we find it very effective.
What are your reasons for upgrading? Both QB and VT should be suitable for most business types although I think with VT you don't have stock control (not sure with QB) so I'm assuming you're looking for these can't do?
Hi Frauke
That's the second time I've seen Wave mentioned this week, so will have to have a looksee. Another free cloud software is Quickfile, which also has an accountants module so you have access to your clients books as well. (With the accountants version you pay for space your clients books take up, and the client doesn't get adverts. As far as I can see the charges are very reasonable and far cheaper than the paid ones) I've had a dabble and it seemed ok, but I haven't tested it to any great extent.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
To be honest I can't blame you with QB, I can't see it being around much longer in desktop form to be honest.
What about VT, do you have issues with it or are you able to switch your clients to it from QB?
Only other desktop software I can think of is TasBooks, which used to be cheap, and good, but is now owned by Sage and almost as expensive.
Other than cloud software (with its up to the minute reporting for the client) I can't really think of anything else that would be classed as an upgrade. Sage as you rightly say is too expensive for the sole practitioner. If you're doing the bookkeeping yourself I would stick to desktop.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.