MYOB and Xero are more comprehensive and have all the bells and whistles, but they are also a lot more difficult to use (in our opinion). Over time, they also carry a high cost of ownership with their monthly subscription pricing.
You can customise your letterhead setup and create your own reports, but you cannot customise it beyond that.
We are going for the mass market, and are going for high volume rather than high price.
Yes, you can import your bank statements into Cashbook. The imported data will be merged with the data that is already in the Cashbook. You will need to download your bank statement as a QIF file from your bank’s website.
It’s not possible to import transactional data or accounting data from other programs into Cashbook. However, you can import:-