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.
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
---
Steve Nay:
https://daybreaktax.com/
https://www.linkedin.com/in/nsteven/
Tyler Smith:
https://www.tylersmith.io/
https://www.linkedin.com/in/tylersmith-io/