M.Y.O.B or Quickbooks
 

Does anyone have any advice on what software is easiest to use for a potential new business that requires stock keeping and time billing
They both seem to cost around $500 oz.
Or is there a better alternative to those two
thanks in advance

If it's available in your country, Sage beats the competition hands down as it will see you through your business growth.

Alternatively, have a chat with your accountant and see what they recommend.

Cheers

Whirls

I too totally endorse Sage. Even if it's not available locally, it is very straightforward to deal remotely with the UK office.

You could look at GNUCash. It's free - both in cost & in ideology - so only your time will be involved and is available across a number of operating systems. It's a double entry system, as used in standard accountancy practice.

My wife & I are going to have our own Limited Liability Company and intend using it for that based on what we've read about it.

Here's what their website says:

"Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.

Feature Highlights

Double-Entry Accounting
Stock/Bond/Mutual Fund Accounts
Small-Business Accounting
Customers, Vendors, Jobs,
Invoices, A/P, A/R
QIF/OFX/HBCI Import, Transaction Matching
Reports, Graphs
Scheduled Transactions
Financial Calculations"


Free Accounting Software | GnuCash

No idea what MYOB is but I have been using Quickbooks for seven years in my business. It's very straightforward to use, processes VAT at a stroke, gives customised invoice templates, memorised transactions for repetitive items & also allows you to go back and void or delete mistakes as necessary - hence the nick name cookbooks.

I looked at Sage but decided against it as at the time, the modular design made it expensive. £99 for sage instant accounts but by the time one had added vat, invoicing etc it looked more like £1000. Whether that's changed or not I don't know.

At the very beginning, I had Omni accounts which was awkward to use. I had a problem & opened a ticket. This was in 2004. They emailed me last week asking whether or not I had resolved the issue!! Is this a new record? Even AOL aren't four years bad!!

I used Quickbooks for many years when running a business and found it intuitive and easy to use.