The difference in one line
QuickBooks is a place to keep your books. Someone still has to categorize every transaction, reconcile every account each month and fix what doesn't add up. For most small businesses that's either the owner, late at night, or a bookkeeper at a few hundred dollars a month.
SumSwift is the bookkeeper. Upload your statements and every transaction is sorted, every account is reconciled to your bank's printed balances, and your reports are ready the same day, for $79 a month.
Switching takes a day, not a weekend
- Export two standard reports from QuickBooks: the General Ledger and the Chart of Accounts. It takes a minute.
- SumSwift brings your history across with your categories, and checks every bank and card account against QuickBooks' own balances.
- From then on, connect your bank (or upload your statements each month) and SumSwift keeps going.
If your QuickBooks was kept by you and you're not sure it's right, SumSwift can compare it with your bank statements and show line by line what was off, including what your profit really was.
Your accountant still gets what they need
Give your accountant free access to look or make fixes. At year end they get one download: trial balance, general ledger, profit and loss, balance sheet, contractor lists, sales tax or GST/HST, Schedule C or T2125 numbers, and every receipt. And if they live in QuickBooks, export everything back to QuickBooks Online or Desktop any time, checked to match before it downloads.
When QuickBooks is the better fit
Be honest with yourself about these. QuickBooks is likely better if you:
- Have payroll run and paid for you inside your bookkeeping software. SumSwift works out each payday and makes your bank's deposit file, but you send the money yourself.
- Depend on apps that plug into QuickBooks, like a point-of-sale or inventory system that writes to it directly.
- Have a bookkeeper or accountant who does everything in QuickBooks and wants to keep it that way.