Definitely Quickbooks for general bookkeeping, and Bill.com for outbound payments anywhere besides the US
this post was submitted on 10 Nov 2023
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I use Quickbooks for both of my companies.
Outsource bookkeeping to someone good, it’s worth the investment in having clean books.
sage comes in handy
My company does bookkeeping for ecom companies.
Most are within that revenue range.
95% are on quickbooks and the other 5% are on xero.
No problems at all.
My business is in that range. We use QuickBooks + a hired Bookkeeper/CPA service. Works great.
Hire someone to help and hire software like Dext with QBO that can let you keep control but automate further as you scale.
I have clients i do the bookkeeping for in qbo and xero, i really prefer xero and only allow qbo if they need it for some reason.
QBO is great, and use a fractional CFO or controller. We’ve worked with paro.io
dependds on your business model. I have a part time accountant and hiring a full time accounting clerk in the Philippines - unfortunately due to heavy competition in the USA and tight margins for service businesses, I think most small businesses cannot afford things like bookkeeping and HR internally until they grow to 5 mil and above revenue. Also regarding QuickBooks - you need that plus plenty of custom reports in excel etc to present data the way you need to.
The company I work for does several million in sales with around 50 employees. I use quickbooks to do everything. I take care of most of the bookkeeping.
Quick books absolutely fits this need and anyone can learn it
Sam bank an fried used quickbooks on his multi billion $ business. Good enuf for me ;)