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inDinero (YC S10) launches Mint.com for Businesses

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Re: inDinero (YC S10) launches Mint.com for Businesses

#32

Post by modoc »

portman wrote: post #16

Hm, it looks like the transactions aren't being linked to a sub-account. I have 8 accounts with Bank of America, marked 1/2 as disabled, but the transactions from the disabled accounts still show up in my register. Even if I try to filter them out, it still shows all of them. portman [dot] wills [at] gmail.com if you want more details of what I mean.

Same problem here.

Re: inDinero (YC S10) launches Mint.com for Businesses

#34

Post by portman »

jlm382 wrote: post #18
portman wrote: post #16

Hm, it looks like the transactions aren't being linked to a sub-account. I have 8 accounts with Bank of America, marked 1/2 as disabled, but the transactions from the disabled accounts still show up in my register. Even if I try to filter them out, it still shows all of them. portman [dot] wills [at] gmail.com if you want more details of what I mean.

on it, will follow up via email.

Amazing support. I got a Google Chat invite and a follow-up email within 5 minutes of posting.

If you guys can keep up that level of service as you scale, you will crush it.

Re: inDinero (YC S10) launches Mint.com for Businesses

#35

Post by jlm382 »

endlessvoid94 wrote: post #20

Congrats on your launch :-) I have a business that has grown from 0 to 500,000 pageviews / month in a little under 6 months. I haven't spent much money but my income is starting to be more significant. I use two separate bank accounts that are personal accounts for my ad revenue deposits, and I use personal credit cards to pay for things. I understand the need, eventually, to incorporate and get separate accounts, bu…

@mattew - in fact, the IRS often scrutinizes entrepreneurs who charge personal/business transactions to the same account. CPA could fix it by having your business account reimburse the individual, but it gets complicated very quickly.

I'd highly recommend making the 1 hour investment in getting a business sub-account with its own checkbook and debit card :)

Hope this helps!

Re: inDinero (YC S10) launches Mint.com for Businesses

#38

Post by SwellJoe »

With Wesabe announcing they're shutting down a couple days ago, this could be good timing. I'd been using Wesabe for our business accounts (Mint wouldn't work with one of our accounts, and Wesabe's downloader thingy did work, so it won by default). And, if it happens to address business needs a bit better than Mint or Wesabe, that's even better.

It's a huge market, but I think you've got an uphill battle. Quickbooks is so entrenched...I tried really hard to avoid it, but it does damned near everything, every accountant knows it, every tax preparer knows it, every bank exports for it, and it's cheap compared to all of the existing online double-entry products ($100 per year vs. insanely expensive monthly rates for everything I could find; I'm still using the 2009 edition so technically it's getting cheaper by the day). In the past, I didn't have a Windows box handy (Linux is my primary desktop/laptop OS and has been for a dozen years), and so I went to great lengths to deal with alternatives, like running my own SQL Ledger installation. But, now that I have a Windows partition on both machines, Quickbooks isn't a hardship.

But, given that Quickbooks requires me to babysit the transaction imports, and I only do that once every couple of months, having an automatic snapshot of all of our accounts would be awesome.

Re: inDinero (YC S10) launches Mint.com for Businesses

#39

Post by catch23 »

SwellJoe wrote: post #38

With Wesabe announcing they're shutting down a couple days ago, this could be good timing. I'd been using Wesabe for our business accounts (Mint wouldn't work with one of our accounts, and Wesabe's downloader thingy did work, so it won by default). And, if it happens to address business needs a bit better than Mint or Wesabe, that's even better. It's a huge market, but I think you've got an uphill battle. Quickbooks…

There's also Outright.com, I believe they have Yodlee integration as well too. They're also free for any size account :-)

I also believe they have a rest-based oauth 2.0 api in there as well.

Re: inDinero (YC S10) launches Mint.com for Businesses

#40

Post by jlm382 »

SwellJoe wrote: post #38

With Wesabe announcing they're shutting down a couple days ago, this could be good timing. I'd been using Wesabe for our business accounts (Mint wouldn't work with one of our accounts, and Wesabe's downloader thingy did work, so it won by default). And, if it happens to address business needs a bit better than Mint or Wesabe, that's even better. It's a huge market, but I think you've got an uphill battle. Quickbooks…

Hey Joe,

Yup, Quickbooks is the 500lb gorilla we're going up against. Ends up that accountants we've been talking to want to get their clients onto inDinero, then export that data into QuickBooks. Especially bookkeepers, since they don't have to do as much bookkeeping and data entry anymore.

Uphill battle, here we come.

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