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A good business spreadsheet.

     

tonynoriega

5:27 pm on Jan 25, 2007 (gmt 0)

WebmasterWorld Senior Member 5+ Year Member



anyone got a good template (excel...or other program) that i can look at to get a good idea of how to track my new businesses expenses...vehicle, food, supplies.....etc.

just trying to get a head start.

thanks

Fortune Hunter

10:38 pm on Jan 25, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Don't use a spreadsheet. I tried this my first year in business and it was HORRIBLE. It is very difficult to back up from a tax standpoint. I switched to QuickBooks a couple of years ago and had a bookkeeper help me set it up right the first time. It tracks everything and does a wonderful job at tax time as well as just letting me know how I am doing through the year.

Fortune Hunter

Kendel

10:56 pm on Jan 25, 2007 (gmt 0)

5+ Year Member



Quickbooks would be the way to go. I think the Simple Start edition would work for what you are doing, and I was just on their site (quickbooks.com) and see they now have a free version of the Simple Start edition for download. Also, they have an online version as well (which has a 30-day free trial).

Setting up a company for a consultant or independent professional is fairly easy, and the help and documentation can provide guidelines on what to do. Also, when you get an accountant, Quickbooks exports and reporting is something most are familiar with.

bcolflesh

11:30 pm on Jan 25, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



There are couple excellent free alternatives to QB:

[osalt.com...]

cmendla

11:38 am on Jan 26, 2007 (gmt 0)

10+ Year Member



find out what your accountant wants you to use.

I'm using qb 2006 pro. My accountant has that version among other versions. I was using and older version and he had to spend some (billable) time each year getting things into the format he was working with.

cg

 

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