It depends on the specific services you're looking for. If you have a tax preparer or otherwise need more robust reporting, you'll probably want to go with a larger package, like Quickbooks. That's what Fred Wilson recommends. In fact, you should check out his recent post on accounting: http://www.avc.com/a_vc/2010/03/accounting.html.
I'm considering moving to Quickbooks, but I've been using (and have been happy with) a straightforward, well-designed tool called Outright (http://outright.com/). Another simple accounting tool in this space is LessAccounting (http://lessaccounting.com/).
I don't think that you should make your choice based on the cost of the apps ... you should use tools that work, even if they cost money. But if you aren't sure what you'll want to use, Outright is free, and LessAccounting has a freemium setup, so you can try with little risk.
Comments
It depends on the specific services you're looking for. If you have a tax preparer or otherwise need more robust reporting, you'll probably want to go with a larger package, like Quickbooks. That's what Fred Wilson recommends. In fact, you should check out his recent post on accounting: http://www.avc.com/a_vc/2010/03/accounting.html.
I'm considering moving to Quickbooks, but I've been using (and have been happy with) a straightforward, well-designed tool called Outright (http://outright.com/). Another simple accounting tool in this space is LessAccounting (http://lessaccounting.com/).
I don't think that you should make your choice based on the cost of the apps ... you should use tools that work, even if they cost money. But if you aren't sure what you'll want to use, Outright is free, and LessAccounting has a freemium setup, so you can try with little risk.