I would love to get some opinions on this...
I have recently purchased MYOB for property projects and other business ventures. For the past few years I have been useing Microsoft Money for my personal finances but am considering useing MYOB for my personal finances as well.
I can see three main benefits to this:
1. I can get my bookkeeper to update my personal finances (saving me more time)
2. It might make it easier to generate a single report that shows all incomes and expenses
3. It should help me to "raise the level" on my management of my personal finances
I have only started playing around with MYOB but data entry seems to take longer (being double entry). Perhaps the cost (in time) will be worth it?
I am also concerned that if I do not research it and make the best decision I might find out months down the track that it was a bad decision.
Is anyone doing this (useing MYOB for their personal finances)? Would you recomend for or against?
I'd appreciate any pointers.
Thanks.
Tony
I have recently purchased MYOB for property projects and other business ventures. For the past few years I have been useing Microsoft Money for my personal finances but am considering useing MYOB for my personal finances as well.
I can see three main benefits to this:
1. I can get my bookkeeper to update my personal finances (saving me more time)
2. It might make it easier to generate a single report that shows all incomes and expenses
3. It should help me to "raise the level" on my management of my personal finances
I have only started playing around with MYOB but data entry seems to take longer (being double entry). Perhaps the cost (in time) will be worth it?
I am also concerned that if I do not research it and make the best decision I might find out months down the track that it was a bad decision.
Is anyone doing this (useing MYOB for their personal finances)? Would you recomend for or against?
I'd appreciate any pointers.
Thanks.
Tony