[moneydance] Now we're in the Big Time!

[Victor Roberts]

Edward A. Melia, C.P.A./Attorney wrote:
> GK,
> 
> I suspect that the reason those accountants advised that you move to 
> Quickbooks is because they never heard of Moneydance and are 
> unwilling to learn/purchase a new program.  

Even if they are willing, do you want to pay form their time to learn
your program?


>In addition, since the 
> majority of accountants (probably 75% to 95%)already have Quickbooks 
> that is their "standard" operating system for their office.  Learning 
> a new program drives up engagement time and fees to the client.

My accountant's company does not use Quickbooks for their own
operations.  They use a far more expensive and "professional" program.
QuickBooks is for people like me who really don't understand accounting.
 They keep copies of QuickBooks on their computers so they can read
client's data and import it into their professional-level tax prep
program.


> If you were to give your accountant a copy of Moneydance (I'm 
> assuming a legal copy by purchasing the program for the accountant) 
> the accountant may still reject it after a quick "test".  Almost all 
> accountants expect to be able to go to the Reports menu and print a 
> 1) trial balance and a 2) general ledger.  The last time I looked, 
> those reports are not in the Moneydance Reports menu.  They will also 
> want the ability to record Adjusting Journal Entries in the program 
> (it's not in Moneydance).

I agree about the reporting.  There are a number of reports I run on a
regular basis for my business that are not in MD.  In addition, QB
allows me to do a number of other things, such as create links between
reimbursable purchases and the client's invoice.  I don't think I can do
that in MD.

Vic Roberts