We actually sought out Manager as a replacement for MYOB which our book keeper had found unbearably slow in the Cloud version. We had tossed up Quickbooks and Xero as alternatives, but couldn’t justify the cost for more than one company.
We trialled Manager in parallel with MYOB for a month (Cloud version) and our book keeper checked it out for fit and recommended bringing over the other company as well.
Transfer of data for almost a full 12 months accounting period our book keeper said was faster than it would be under MYOB, a package she has used every day for more than a decade. Aside from settling in and being unfamiliar with how to set up the system and how to operate it, we’ve had virtually no issues. She did have some annoyance at how Manager did the reconciliation process vs MYOB but that has improved- the same as other features have rapidly developed over the short period we have used the system.
In fact, in the early days we had several people entering data into the one database for the one company on different computers a lot of the time. We were amazed at how fast the system was updated by each others’ keystrokes. We could not tell any difference in lag from a single user on a MYOB desktop.
Price and support are Manager’s other major features. Can’t complain at the monthly price, and we’ve never previously experienced the level of support and (let’s face it) unbridled passion that Lubos has for the product.
I am no expert at Manager, but my accountant visited last week to start work on last year’s tax. He had never seen it and asked for a P&L and balance sheet for each company. I had never attempted to extract these reports before - but we were both impressed at how intuitive the selection parameters were, and in no time at all we had all the reports printed and he is underway. In the past I would have had to recruit the book keeper to do this for me.
Before my accountant left with his reports I set him up to view the companies within Manager. So, from the comfort of his office in the Gold Coast, or while away with his partner in Sydney he can check out any discrepancies in the books. He was suitably impressed and said he would certainly be recommending the product to other clients.
cheers and I hope that helps
Col