Showing posts with label Quicken or Microsoft Quickbooks?. Show all posts
Showing posts with label Quicken or Microsoft Quickbooks?. Show all posts

Sunday, January 4, 2009

Quick Books or Microsoft Money?

Joe Fusco recently e-mailed me and asked a question that I couldn't answer. I left it up to my lovely wife to answer since she does all the hard stuff in this business. Michelle uses Quick Books by Intuit. She has it all set up for our business. Michelle is a CPA for St. Vincent's Hospital and I'm sure glad that she loves to keep track of this business. I think this is the part that would drive me crazy. Our business is set up as an S Corporation. Here's Joe's Question:

Sincerely,
Mike Weiland
http://readydvd.com

I was just trying the Quickbooks I have again. Seems the one I got from my friend is a trial and don't work anymore. I been fooling around with both Microsoft and Quicken trials and they all seem to have the same structure. If she can give some insight on to how movies rental and sale income is added, that will be great. I don't want to take up too much of your or her time on this. I do understand the credit and debit part of it all. My problem is where to enter the credits, such as rental income.
I will chose soon between Quicken and Microsoft. Quickbooks is way to much money, unless Michelle says it's worth it. I do have an accountant for the tax part of it all but I like crunching numbers myself.
Thank You
Joe