Let me begin by stating that I am not an accountant. I have just incorporated my company and am opening a real office and am looking for a way to better keep my books.
For several years, I have been using a rather complex Excel spreadsheet, but my invoices have always been done by hand since the number of individual clients has been limited. This is not expected to change but other aspects are going to make things harder.
I am looking for something basic, but that can grow.
- Multiple bank accounts in multiple currencies (at least 2 currencies, maybe 3).
- Most income is received as direct deposit by our payment processors/credit card banks. It is for downloaded software so there is no inventory.
- I do not need inventory per se, but I'd like the ability to buy a hard drive and resell it to a client very occasionally.
- Simple invoicing for fixed amounts as well as hourly... we do consulting and custom software projects as well.
- I may need to pay an employee who is not a US citizen (and who doesn't live or work in the US)... not sure about taxes in this situation... there are no local taxes in our foreign jurisdiction.
- Payroll. This is a bit hard because I'd like the US 941 forms to be filed electronically since I will not be in the US (but the company is).
I am considering AccountEdge 2004, but it seems like overkill and is pretty slow on my TiBook 667Mhz, but I'll be getting a 1.5GHz soon.
Thanks,
Trygve