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Posted 26 July 2003 - 10:24 PM
This year, we are outsourcing accounting to a small-business accountant. Once a week, I drop off reciepts and other paperwork and let them handle the ugly stuff like payroll taxes and sales taxes. It's not cheap but it is soooooo worth it.
Posted 28 July 2003 - 02:06 PM
Also if you choose to go the Quickbooks route, there are Quickbooks specialists who will do your books for an hourly fee each week or so...and they are usually fairly cheap. (I've found some locally for $20-$50/hour) so in a bind I know i can get someone to my office to straighten me out (on an as-needed basis)...
Edited by Click, 28 July 2003 - 02:07 PM.
Posted 28 July 2003 - 02:48 PM
I've been using QuickBooks Online edition and LOVE it. Their support is super and it has a ton of functions. One of these days I plan to write up a review of it. Just haven't had the chance yet. Hmm...maybe this week's newsletter!
Posted 28 July 2003 - 08:22 PM
I shall have to look into some of these accounting programs. *sigh* Maybe I can sucker my boyfriend into doing my taxes as well as his if I do the laundry all year or something... not that he's any good at math either. :doh:
That was all mostly an excuse to use all those smilies. I'm still waiting for the novelty to wear off.
Posted 28 July 2003 - 08:34 PM
Posted 29 July 2003 - 09:19 AM
Well... I don't have anything like that, but it certainly sounds handy.
I just need a good calculator and some quality time alone with irs.gov, I think. It's not so hard, it's just complicated and confusing.
Posted 01 August 2003 - 11:43 AM
Posted 04 August 2003 - 04:37 PM
OK, granted, I'm an accounting idiot. I am VERY good at tracking my payments, receipts, etc. But all this "accounting" junk just drives me nuts!
Finally, my CPA told me I was only allowed to go into two things... write checks and receive payments. He told me not to touch anything else and he'd make corrections if he needed to.
I did just great when I used Excel. But since I incorporated, he insists I use Quickbooks. It does have some advantages. It creates all the lovely reports, etc. for you at the drop of a hat and so on.
If I understood accounting better, I think I'd do better overall with QB. However, as much as I hate accounting, I'll just stick to the parameters defined by my CPA and stay in the write checks and receive payments sections.
Posted 06 August 2003 - 12:54 AM
Posted 06 August 2003 - 05:56 AM
Maybe it's a genetic thing. My dad is a retired senior VP for a bank. My mom is a retired bookkeeper. My sister is a branch manager at a credit union. I'm the weird one!
Posted 06 August 2003 - 01:05 PM
Mostly, I stuff all my reciepts in a box, routinely print off my bank and paypal ledger, then throw myself on the mercy of a friend of mine who is a tax lawyer (I like him anyway).
Oddly, I haven't paid taxes (after deductions) for 10 years. Owning your own business is a great write off - I've had one since my first year of law school.
Perhaps I should take medication - Though I notice a tendancy to drink more near tax time, wonder it that counts as "medication"
Posted 07 August 2003 - 05:58 PM
As for outsourcing, I do outsource the taxes, etc. It's just getting used to a different way of doing things.
I used to use Excel. I did just fine with that. But QBP is an actual "accounting" software program. I'm having to get familiar with where entries really are supposed to go instead of where I want to put them
Posted 07 August 2003 - 06:13 PM
The family has gotten 6 fillings and 3 cleanings so far from the dentist without cash changing hands...
The big thing is to ask! You'd be surprised at the number of people willing to trade.
Posted 07 August 2003 - 06:21 PM