Mac Accounting Programs

Posted on 04. May, 2006 by Jason Guthrie in Accounting, Business

Sorry about the lack of posts over the past few days – I took a much needed vacation with my wife. But I’m back, recharged, and ready to continue to give you great personal-finance related advice.

Right before we left I received my MacWorld magazine in the mail and took it with me to read in the car. One of the interesting little tid-bits I read was a brief review of Mac accounting programs including:

• MYOB’s AccountEdge 2006 ($299)
• MYOB’s FirstEdge 2.0 ($79)
• QuickBooks Pro 2006 ($200)

The only program I have any first-hand experience with is QuickBooks – and interestingly enough it received the worst score among the three Mac accounting programs. AccountEdge received great marks for the ability to be used by larger businesses and its ability to track inventory, time tracking, billing, purchase orders, and even the ability to enter time and billing information for both hourly employees and jobs. FirstEdge, on the other hand, is designed to handle small-business accounting basics – perfect for small business owners who don’t need advanced financial features.