Note with QBO: If you want a most basic feature - marking an expense as billable and invoicing it back to a client - you must buy a premium plan with Quickbooks that gives you hundreds of features you don't care about. It's like a ruse - such a basic feature "billable expenses" singled out to push you into a higher plan...

I've been using Quickbooks for a few years and I've finally decided that I've had enough of the bugs, so I've given Xero a go. So far I'm impressed with their customer service, and some of their features like automating invoices for services that are used every week by clients, but their basic package (which goes up to $29 per month in Sept 2022) only allows me to send 20 invoices a month. If I want to send more than that, I have to pay $54 per month.

Not sure if MYOB changed their structure after this video or what, but I just spoke to a customer service rep today (04/04/2022) and if you want the cloud based application (MYOB Bussiness Pro) then you have to forgo the inventory management. You have to pick which you want more; cloud based (MYOB Business Pro) or inventory & time billing (MYOB Business AccountRight). Also MYOB's free trials require you to enter a debt/credit card before accessing the trial. Not likeing MYOB so far with these hidden surprises and am concerned about what other ones may be lurking.

Also excel is not outdated and will most likely always be used by accountants no matter how wonderful your accounting system or program is

Hi Davie :) I just discovered your youtube channel and I'm so glad I did! Are you able to make a video for bloggers and what they should consider in regards to accounting?

Thank you from Texas!

Quickbooks is definitely not laggy or buggy. It’s literally never lagged in the 4 years I have used it. Also, I think these guys who do the comparisons are seriously biased. I have literally watched another video which had complete opposite information on costs comparisons between Quickbooks and Xero. So, I think the best way to compare is by working on both yourself for same company/data and same time and period.

Thanks Davie, great information. I was wondering if you had an opinion on the different tax solutions provided by Xero, Quickbooks and MYOB for Tax Agents.

Thanks for sharing your knowledge!

Super helpful, thank you so much!! You explained everything amazing !! Now I finally know what my small business needs, 11/10! thanks!

Lovely video. Very helpful! What is your opinion on inventory for small-medium businesses, between Xero and MYOB?

MYOB has automatic superannuation lodgments at it's lowest package - business lite, whereas xero, you have to pay the highest package to get this feature. but I find MYOB's support really sad.

Our Friendly Neighbourhood Tax Man!

Nice comparison Anas from Pakistan

Hi David, Love your video . I just start real estate agency in Australia. Could you please let me know which one is suitable for start up real estate agency. Thanks

How do some businesses reconcile what items were sold through their POS to their accounting software to account for gst. Especially when you sell with and without GST.

I've noticed a lot of these accounting/bookkeeping aoftware are geared towards FOR Profits? Any of these or other software that you would recommend for a small nonprofit (less than 20k a year) that needs bookkeeping, accounting, receipt capture and the required financial reports for taxes or to apply for grants ? We don't need invoicing, time or inventory tracking or all that other stuff. We don't have any paid staff at this time but hope to get one in the next 12 months. Any info you have would be so helpful.

Which software do you think it’s the best for NDIS company?

Hi Davie, which one is the best accounting software for e-commerce startups in your opinion?

What would you recommend for a manual labour contractor that supplies materials and potentially has people contracting into them.

I need help setting up up myob please

Does Xero have facility to customize printing of bill to pay?

What about Service M8

They don't save time! Saving time would be not having do any of it...but that is a different debate. Good video though - thanks!

Hi Davie, can you please make one video on precede payroll software. Thanks

Hi David , what software would you recommend for a manufacturing company?

Are you familiar with MyBooks software? Is it legit? I worry about scams

Myob account right sooo slow, very badly written software

Several years ago, I drop-kicked Quickbooks. Their online website is loopy, slow, and buggy, especially payroll. I happily switched to XERO and Gusto. I have the Early Plan which is $12.00 per month. For people starting out, XERO tops the other two. Customer support is excellent and if you are stuck, telephone support is available as a last resort.