When going through Jakob Nielsen’s list of the 10 Best Application UIs of 2008 , I’ve noticed there’s also an online(!) accounting(!) system for SMBs among the winners:
This is a big surprise, as I’ve already tested quite many accounting systems for SMBs/SMEs, both standalone and web applications, but none of them was particularly easy to use. The point isn’t that I couldn’t use a complex accounting system , the point is that I don’t want to if it isn’t necessary. In other words, every hour I can save on accounting and invoicing, I can spend on business development and software development. Which obviously makes sense.
Considering this, the price of 49 NZD (34 USD) per month for Xero is a fair deal. The only thing that isn’t customer-friendly at all, is that they decided to go with an opt-out free trial model (i.e. if you don’t cancel the trial within 30 days, you’ll be charged). Definitely worth a try, though.
 Also noteworthy: CMSBox, a very user-friendly CMS made in Switzerland.
 Among others, two of my majors at the University of Zurich were Management Accounting and Managerial Accounting.
 Of course, you could also outsource all your accounting duties, but particularly for a new startup with a minimal headcount, the outsourcing efforts generally outweigh the benefits.