Newbie Question

[ma_ma]

As mentioned before, I am new to the business and am interested in hearing from season vetrans on how they handle the books. Do you use Quicken or a simple Excel spreadsheet? I can setup a quick income and expense spreadsheet, but interested in hearing how others handle it.

Currently my estimated revenue is $125K w/2 partime employees, WDF, drop-off, and lottery.

[Howard]

The best way I have found to handle accounting is with quickbooks, not quicken. Quickbooks is a full fledged computerized accounting program (made by same people as quicken) but it is so simple to use. If you get the pro version you can export stuff to MS-office for extra analysis. It will do payroll for you as well if you want.

[millenniumplus]

We use Quickbooks for everything from tax prep (which our acct
uses) to printing payroll. We do use our PC for everything from
excel, word & the net - for reseach, info, creating signs/flyers.

[ma_ma]

Can you tell me what version of Quickbooks you use? There are several different kinds; Basic, professional, and enterprise.

I am assuming it's basic, but I just wanted to be sure.

[cleanrite]

Use the latest version...I believe it's Quickbooks Pro 2004. Easy to use and very user friendly

[Howard]

I would suggest the pro version.