Good accounting packages for Mac for Canadian companies are VERY hard to come by.
Depends upon your needs and how much you want to invest in an accounting package.
I'm currently using a very old version of AccountEdge (MYOB) because I simply could find an accounting program that does multiple currencies, inventory, A/P & A/R.
AccountEdge was not available in Canada for many years, but apparently is again available. (yay)
I use an old version of QuickBooks Accounts for Mac, which is really a re-branded version of MYOB, but is no longer supported. It works, though. (And it looks like that's what MLeh is using... hmmm, guess it's supported again.)
That said, my plan now is to install VMWare/Parallels, then install QuickBooks for Windows and use that. (Probably overkill for a 1-person shop, but at the office I have to frequently switch over to a Windows desktop just to use QuickBooks.)
I use an old version of QuickBooks Accounts for Mac, which is really a re-branded version of MYOB, but is no longer supported. It works, though. (And it looks like that's what MLeh is using... hmmm, guess it's supported again.)
That said, my plan now is to install VMWare/Parallels, then install QuickBooks for Windows and use that. (Probably overkill for a 1-person shop, but at the office I have to frequently switch over to a Windows desktop just to use QuickBooks.)
Sonal: I didn't ever switch over to the QuickBooks version because at the time it didn't support multiple currencies or inventory. I tried QuickBooks and just didn't like it.
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"Without ambition one starts nothing. Without work one finishes nothing." ~ Ralph Waldo Emerson
AccountEdge looks like a nice program, but frankly if you're a one person shop with limited invoicing, I would think a spreadsheet should suffice.
A spreadsheet may even be more easier* for your accountant to use at tax-time.
Depends how much time you want to spend creating new invoices, and how easy you want it to be to track receivables and payments. If you have the time, certainly a spreadsheet can be used. It's just not very efficient. I used to spend a lot of time creating spreadsheets in spreadsheets, and kept a synoptic journal in a spreadsheet format too for my general ledger.
AccountEdge has an 'export to CaseWare' function which makes year end for the accountant quicker and easier than importing numbers from a spreadsheet.
In any case - they have a 30 day trial which I'd recommend trying.
(*more easier?)
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"Without ambition one starts nothing. Without work one finishes nothing." ~ Ralph Waldo Emerson
We had to go with Parallels and Simply Accounting. It works well. We make sure not to do anything online or get emails in the Windows program. I switched to Mac to get away from the viruses and spyware so all internet related activity is only done on the Apple platform.
You could use FileMaker to build an invoicing and accounting app. Takes a bit of time and expertise but it's not really that hard to learn for something like this. Unfortunately, FileMaker doesn't come cheap.
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