Ask YC: How do you deal with accounting/taxes/book keeping?

Re:Ask YC: How do you deal with accounting/taxes/book keeping? by pitdesi on Thursday July 14, 2011 @11:13AM (#2763372)

I would strongly advise against Quickbooks because of how terrible Intuit is to work with... I can't support that company at all - they have evil business practices. In our business, Intuit locks Quickbooks customers in to their extremely expensive processing solution, with no API to get transactions in or out.

A few great startups to try - I've heard good things about all of them.

http://Outright.com - $10/mo

http://waveaccounting.com - Free (double entry accounting).

http://lessaccounting.com/ seems to have a good interface - $30/mo

Intuit has put a good deal of lobbying money towards blocking proposals to have the federal government send you pre-filled out tax forms that would make everything much easier. http://www.npr.org/templates/story/story.php?storyId=9112083 http://www.techdirt.com/articles/20100723/09055310339.shtml They put a million dollars to Republican Tony Stricklands campaign for California Comptroller because the other guy wanted free e-filing http://www.consumercal.org/article.php?id=127

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Re:Ask YC: How do you deal with accounting/taxes/book keeping? by mvip on Thursday July 14, 2011 @12:11PM (#2763638)

+1 for LessAccounting. We've been using it for a few years now and it works fine, and you can export your bank statements into it.

Recently we just brought on a 'real' accountant to audit our accounting and prepare reports (after a few years of pro-bono from accounting friends). Hence we are still working out all the details, but I'm pretty happy with the workflow if it pans out.

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