Bookkeeping: YNAB vs. QuickBooks
What are some good tools if you want to get started keeping the books of your business?
Steve and Tyler discuss YNAB and QuickBooks: their strengths and weaknesses, their similarities and differences, and ultimately which one you might want to choose for your business.
Steve and Tyler discuss YNAB and QuickBooks: their strengths and weaknesses, their similarities and differences, and ultimately which one you might want to choose for your business.
- (00:00) - iOS automations
- (02:50) - Two bookkeeping tools: YNAB and QBO
- (05:13) - What is YNAB great at?
- (09:55) - What is QuickBooks great at?
- (12:47) - Setting aside money for taxes
- (16:57) - Equivalent concepts in YNAB and QBO
- (20:15) - What does your tax pro need from your books, really?
- (26:07) - Handling (or not) merchant fees in YNAB
- (29:17) - QBO gotchas
- (32:32) - Steve and Tyler's recommendations on which to pick: YNAB or QBO (or both?)
- (37:21) - Pricing
Links:
- Tyler's thorough review of YNAB: https://www.tylersmith.io/blog/ynab-vs-everydollar
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Steve Nay:
Tyler Smith: