?

Log in

No account? Create an account

[icon] Small business accounting? - Patti
View:Recent Entries.
View:Archive.
View:Friends.
View:Profile.
View:Website (pattib.org).

Security:
Subject:Small business accounting?
Time:01:18 pm
I'm getting to the point where I need a slightly better accounting system than just tossing receipts in a pile. My needs are simple right now-- basically I just need to keep track of revenue and expenses. I can imagine wanting to do a bit more in the future, though at this point I'm not sure what it would be.

Recommendations? Something open source/freeware would be ideal, but not-expensive is also OK.
comments: Leave a comment Previous Entry Share Next Entry


yayhappens
Link:(Link)
Time:2009-04-13 10:06 pm (UTC)
For just the basic stuff, customizing a spreadsheet will work. Not sure if you've tried that just yet. Excel calculates the more simple stuff just fine for me.

I forget if it's either quicken or quickbooks that I liked better, (i've tried both), but they are pretty intuitive and have categories already set up for business expense types of things.

For the future you'll probably want to do some drill downs of specific types of expenses, quarterly and other types of reporting that makes the programs better than a custom spreadsheet, unless you know how to write plugins for excel.

My 2c. HTH!
(Reply) (Thread)


adb_jaeger
Link:(Link)
Time:2009-04-13 10:27 pm (UTC)
I still use quicken, because I've used it since 1990.

Inertia is a killer.

I've started using Quicken Home & Business to track my business. It does a decent job.

The current (09) and previous (06) versions have a *TERRIBLE* flicker problem with my video card. Well, maybe it's my video card. Depending on where and what you read, it could be anything. If I was evaluating the software as "new", this would a deal-breaking super annoyance. Since I have almost twenty years of history using the product, I just grit my teeth and keep using it.

I don't know what it says about Intuit that they can't fix this problem, and what is says about me that I'm giving them a pass on it, but there you go.
(Reply) (Parent) (Thread)


yayhappens
Link:(Link)
Time:2009-04-13 10:28 pm (UTC)
Actually the more I think about it, I'm pretty sure it was one of the Quicken business edition softwares, but it allowed me to keep just about everything under the sun databased in the one program.

Client names, addresses, payment information etc, all of the invoicing (super nice feature, one of my favorites) which could still be done in Excel but not so much in one click. (You can even print address labels from there.

With the categories and drill downs for reporting for example, if you use a credit card processor and they charge a 2% fee per transaction or whatever the case may be, over time you can see all of that one category and how much you're paying in fees. It goes a lot deeper than that but it does extend some really nice features that I haven't seen on other programs and can't do on a spreadsheet.
(Reply) (Parent) (Thread)


schmengie
Link:(Link)
Time:2009-04-14 12:19 am (UTC)
i use quicken at home and the office uses quickbooks. I just like the feel of quicken better. I could probably configure quickbooks to feel better but...if i was buying again it would be quicken
(Reply) (Parent) (Thread)


yayhappens
Link:(Link)
Time:2009-04-14 12:51 am (UTC)
The "cha-ching" sound they use in Quicken always did amuse me. Where most of the time stuff like that annoys me, that one really added to the experience of going into the program to input data. lol
(Reply) (Parent) (Thread)


schmengie
Link:(Link)
Time:2009-04-14 12:53 am (UTC)
that is absolutely one of the quicken thingees i like :-)
(Reply) (Parent) (Thread)


shabbirjsafdar
Subject:Quicken
Link:(Link)
Time:2009-04-13 11:08 pm (UTC)
It most likely downloads details from all of your financial institutions, and when you have time, you can go back and categorize things. And once you do, it remembers those settings to make it a shorter task next time.
(Reply) (Thread)


violet_tigress1
Link:(Link)
Time:2009-04-14 12:20 am (UTC)
Revenue to keep track of... imagine!
(Reply) (Thread)

(Deleted comment)

whipartist
Link:(Link)
Time:2009-04-14 01:01 am (UTC)
At this point I'm not paying bills so much. I'm ordering things online and charging them to my personal credit card, or going to a store and buying them.

(But that reminds me that I need to get a reseller's license.)
(Reply) (Parent) (Thread)


thorfinn
Link:(Link)
Time:2009-04-14 02:18 am (UTC)
We haven't used it, but my wife has been doing a bit of poking around researching this space, and MoneyWorks looks like a good thing.
(Reply) (Thread)


adb_foldem
Link:(Link)
Time:2009-04-14 08:27 am (UTC)
Like Eric, I've used Quicken for years, but without any flicker problems. I update about once every 3 years, having just moved to 2009 from 2006.

If you don't need invoicing, but do want to track investments, the premier edition should work fine.
(Reply) (Thread)

robbie07
Link:(Link)
Time:2009-04-15 07:26 am (UTC)
I suggest you try clearbooks.co.uk . Have tried it myself and am pretty happy with it. They also have a Demo available if you want to have a nose around.
(Reply) (Thread)

[icon] Small business accounting? - Patti
View:Recent Entries.
View:Archive.
View:Friends.
View:Profile.
View:Website (pattib.org).