I'll second that Xero is an excellent service and it really doesn't get as much press as it deserves in the states. They're very easy to use and have done an heroic job building out both the software and support. HOWEVER, their entry-pricing is incredibly irritating. For $228/year you can't add any more than 5 invoices or reconcile more than 20 lines of bank statement per month. For the entire price of quickbooks eve…
But for only $29/month you can. How much is your time worth? If the service saves you even an hour per month, surely it is worth it.
$228/year may be reasonable for a "limited" piece of software but it is too much for crippled software. Make it $60, make it work or take it away, it's an unnecessarily irritating package.