Macworld: QuickBooks vs MYOB ...

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4 Replies Last post: Mar 2, 2005 6:32 AM by charlieartist

Nobody

58,347 posts since
Oct 18, 2007

Feb 17, 2005 9:05 AM

QuickBooks vs MYOB

I am looking for an accounting program that will work on OSX (10.3) and that will help me do Property Management.
Intuit makes one that only runs on WIN, so I am looking at either Quick Books Pro 2005 or MYOB AccountEdge (don't think MYOB FirstEdge will quite do what I want). I think I can tailor either one to handle the 5 properties I want to manage, but I am concerened about two things.
1) The QuickBooks forum is not very encouraging. QB Pro 2005 appears to have a lot of issues.
2) How easy are these to to tailor?

Any help would be appreciated.

Thanks

Nobody

58,347 posts since
Oct 18, 2007

1. Feb 28, 2005 11:04 AM

in response to: Nobody

Re: QuickBooks vs MYOB

We have been using MYOB AccountEdge for a little over two years now. It does everything we did on QB and more. It is comparable to QB Pro.

Even though we have used MYOB for a couple years nows, my assistant and I still have not adjusted to the MYOB way of getting things done. Either we were "trained" after using QB for a few years and are having difficuly adapting or QB design is more intuitive and thus easier to use. I think it's a little of both. You can definitely get things done. It just might take a little more clicking around.

We didn't take any training courses for either software. I am a trained accountant, my assistant is not.

One other variable that I don't like. We are looking to convert back to QB Pro 2005 and it tuens out there is no convesion utility to bring our records back over to QB. Ouch.

RonAnnArbor

577 posts since
Sep 20, 2003

2. Feb 28, 2005 3:57 PM

in response to: Nobody

Re: QuickBooks vs MYOB

Quickbooks is pretty much the industry standard. You will ALWAYS find gripes and complaints on the forums for Qb and any other software program. Take a look at the Macworld forums and you will see plenty of gripes in all the rooms for all reasons, from supposed Mac lovers.

I was going to add too -- if you need to share your data with anyone, an accountant for example, MYOB will NOT work...you must have quickbooks files which will be able to be converted and used by your accountant.

Eideard

147 posts since
Jan 12, 2005

3. Mar 1, 2005 9:28 AM

in response to: Nobody

Re: QuickBooks vs MYOB

I'd stopped using Quickbooks/Quicken almost a decade ago. I used Money, thereafter, in the Wintel world.

Now, switching to a Mac, Quicken came with the Mini. As far as I was concerned, it still was lame. Money wasn't available for the Mac.

I did a free trial of Moneydance -- and, then, purchased it. I'm pretty happy with the critter. Saying so, it may not have enough horsepower for property management. Why not download the free trial http://moneydance.com/ and see if it works. It easily imports .qif or .ofx files; so, you should be able to wring it out.

charlieartist

438 posts since
May 8, 2004

4. Mar 2, 2005 6:32 AM

in response to: RonAnnArbor

Re: QuickBooks vs MYOB

I have been using MYOB for a few years now. I had been using Quicken personally, and looking to Quickbooks, but they were lagging (like Quark) on support for OS X, so I gave MYOB a spin. Things have worked out pretty well, and I have had no issues with accountants on the files. Also, there is an accountant software module that is provided free, in case that is an issue, and many accountants support the software. In any case, even in the PC world, there are other systems, with much more capability than either Quickbooks or MYOB that are used, and accountants have to deal with.

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Feb 17, 2005 9:05 AM

QuickBooks vs MYOB

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