Simply Accounting Pro vs QuickBooks Pro

by Tax Guy - Burlington Accountant on January 26, 2010 Print This Post Print This Post

When I started CTR, my ad revenues were relatively small and the expenses easy to track on a spreadsheet. Over the last year however, the site has grown substantially and I needed to use bookkeeping software to keep track.

Over the years, I have used a number of accounting software packages, including retail programs such as QuickBooks and Simply Accounting
. It has been more than 8 years since I’d used retail bookkeeping programs so it was important to me to start the selection process by looking at my needs first.

Look At What You Need

In my case, I have no employees and payroll calculation is not an issue, but I do need to process US and Canadian dollars, use budgeting functions, download data into spreadsheets, and customize invoices. I also need to be able to manage GST and HST.

QuickBooks Pro

If your a novice and don’t know much about bookkeeping or accounting, QuickBooks is probably your best choice. It is simple to set up, relatively easy to use and you’ll get going pretty much right away.

One of the great benefits of QuickBooks is the support. If you need help setting up your software, they will help you over the phone for up to 60 days after you purchase the software!

Simply Accounting Pro

Simply Accounting Pro 2010 has all of the features of QuickBooks but without the free telephone set-up support. The program allows me to create customized reports and manage currencies. In addition, it has a budget and forecast feature that was not available from QuickBooks.

What Do I Recommend?

Both products are very similar in features. QuickBooks Canada is designed for the novice and if you don’t know anything about accounting, then QuickBooks Pro should be your choice. If you like ease of use and flexibility then Simply Accounting Pro 2010 is your best bet.

What Did I Choose?

I ended up purchasing Simply Accounting Pro because of the budgeting and forecasting features, ability to track cash flows (and prepares a cash flow sheet), and its audit trail capabilities. I also like the way the program handles foreign exchange transactions.

About The Tax Guy...

Dean Paley CGA CFP is a Burlington accountant and financial planner who services individuals and business owners locally, nationally and internationally. Dean has appeared in the National Post, Toronto Star and Metro News.

To find out more, visit Dean's website Dean Paley CGA CFP or connect via Twitter @DeanPaleyCGACFP.

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{ 7 comments }

Nemanja@Sage January 26, 2010 at 12:34 pm

Hello,

I just wanted to let you know that warranty support for both Simply Accounting and Quickbooks is exactly the same. We both offer one free support call within the first 60 days.

bev February 8, 2011 at 9:29 pm

bull quickbooks support sucks..they either put you on hold for hrs or dont bother to reply to emails and are NOT USER FRIENDLY they charge a monthly support fee and its a waste of time and money

Tax Guy January 26, 2010 at 6:35 pm

@Nemanja – Thanks for letting me know. I missed that on the package.

Jeff Sararas November 4, 2010 at 4:06 pm

Thanks for this article. I’m wondering if anyone has an opinion on memory usage. I’ve used Simply before and remember it being a resource hog. Is Quickbooks any lighter? Ie does it run a little faster/more snappy that Simply?

Thanks!

chris January 27, 2012 at 2:23 pm

i love how simply keeps taking away things pro use to do, and make it preimium, which cost $200 more. ill be switching to quick books.

Lyn October 21, 2012 at 6:17 pm

I have always used quickbooks however my bookkeeper suggested I change to simply accounting. The worst mistake ever I hate the interface ties awkward to use. I have no idea where I am and most annoying its constantly popping up menus I can’t get out of. I am going to return this software and go back to qb. It just is easier to work with

Tax Guy - Burlington Accountant October 22, 2012 at 9:17 am

Just this year, I have also switched to QuickBooks. It is much easier on the end user.

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