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Tracking Business Finances
Posted 13 October 2003 - 03:01 PM
Anyone tried MS Money's Small Business edition and can recommend it? I know Quickbooks is highly recommended, but I only have 3 clients and I'm doing SEO as a side business, so I don't want to break the bank if a more affordable solution is available.
Thanks in advance.
Posted 13 October 2003 - 03:33 PM
Posted 13 October 2003 - 03:35 PM
Posted 13 October 2003 - 04:25 PM
Posted 13 October 2003 - 04:41 PM
Now you've got me humming the Larry Boy theme in my head. He's a hero... Larry Boy... He's out of site..
I bought the Small Business version of MS Money... it doesn't have nearly the features that Quickbooks has. I have separate businesses that need to be separated and Money just didn't have the capability to handle that.
Posted 13 October 2003 - 05:07 PM
Caveat emptor - Intuit is the microsoft of bookkeeping - in fact MS could take lessons from them - once purchased you are caught in their product upgrade cycle and each upgrade will be virtually mandatory as everything is connected back to Intuit - even a reinstall.
You may wish to consider using a pencil/calculator/cashbook and invoice off of Word with a logo and template styled page. I yearn for those days.
Posted 13 October 2003 - 05:25 PM
Microsoft tried to buy Intuit in 1995, but the deal didn't get past the feds...would have been great to tie Quicken into Office Professional.
Caveat emptor - Intuit is the microsoft of bookkeeping - in fact MS could take lessons from them
Posted 13 October 2003 - 05:36 PM
Posted 13 October 2003 - 05:38 PM
Personally I found it great, you raise an invoce, mark it as paid, all your accounts tie up, we have had tax inspections that lasted less than a day. I tried MS money and it was pale by comparison. I think you can download trial versions anyhow. the website is http://www.intuit.com
Posted 13 October 2003 - 05:39 PM
Posted 13 October 2003 - 05:43 PM
Whenever I think about actually typing all that stuff in I want to go
The reason I became a lawyer was so I could hire an accountant....
Posted 13 October 2003 - 05:46 PM
I hate accounting!
Posted 13 October 2003 - 06:00 PM
An odd approach i know but he was meticulous in getting and keeping receipts, his accountant loved him as he got to bil him more, Brian was happy as his book keeping entailed the monthly envelope and little else, and the revenue loved it as all the receipts were there and balanced..
Posted 13 October 2003 - 06:02 PM
Thanks for the feedback on Microsoft Money Small Business.
Thanks one and all for the feedback. It looks like I need to fork over the cash and go with Quickbooks as much as I don't want to be caught up in Intuit web of upgrades and such.
I had Quicken a few years back and it got old trying to stay current. Once they introduced the infamous edition this past year that really was a disaster (something about the way it installed, but I forget the details), I said "enough" and bailed on Quicken, even though it's a good product.
Thanks to all!
Posted 13 October 2003 - 06:10 PM
I originally decided to get it when I found that it could automate sending recurring invoices. If you bill monthly or quarterly, etc., it's a true lifesaver. Just set the invoices to be emailed on whatever schedule and you don't have to do anything.
I LOVE it! Here's the forums affiliate link to the QuickBooks Line of Products.
One of these days I'll get around to writing a full review of it...
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