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I use Quickbooks Premier. Started with QB pro but Premier is so much better it's worth the extra.
I also learned the hard way a good CPA are worth their weight in gold too. It's not what ya make, it's how much of it you keep when the dust settles.
costs around 500 bucks for Premier and you can enter in data from as far back as you want.
I'm too small and poor right now to hire anyone.
But excel was something I was already familiar with and could easily manipulate. I want to be able to drill down into my data as much as possible with as much ease as possible.
I'm too small and poor right now to hire anyone.
But excel was something I was already familiar with and could easily manipulate. I want to be able to drill down into my data as much as possible with as much ease as possible.
I don't think you'll be able to "dump data" from excel into QB. You'll probably need to enter a beginning balance for each type of account. Any historrical data might have to be entered a transaction at a time, unless they've done something new.
There's nothing wrong with using excel - the main thing is that you are keep good records that show you how your business is doing.
QB does have some annoyances. Among them to me is the 3 year rule... after three years they grandfather whatever version you have and force you to upgrade. While the various versions do a lot, sometimes they can be really hard to figure out and to make it do what you want it to do. My husband, who runs a consulting firm, gets really frustrated with the custom invoicing feature among other things.
I really like the ablity to email invoices and statements that look professional to my clients. Some of the newer versions intergrate with Word, that is new.
I don't think you'll be able to "dump data" from excel into QB. You'll probably need to enter a beginning balance for each type of account. Any historrical data might have to be entered a transaction at a time, unless they've done something new.
There's nothing wrong with using excel - the main thing is that you are keep good records that show you how your business is doing.
QB does have some annoyances. Among them to me is the 3 year rule... after three years they grandfather whatever version you have and force you to upgrade. While the various versions do a lot, sometimes they can be really hard to figure out and to make it do what you want it to do. My husband, who runs a consulting firm, gets really frustrated with the custom invoicing feature among other things.
I really like the ablity to email invoices and statements that look professional to my clients. Some of the newer versions intergrate with Word, that is new.
Thanks for the heads up. My plan is to manually enter the starting balance sheet and go from there. I am hoping to dump data FROM Quickbooks into excel to manipulate data to get the reports I'm looking for that aren't provided. I'm going to research options further. In all likely hood, to get everything I need and the option to add items in the future I might need a custom program writen.
Re/ 3-year licensing. Three years! I thought I was going to have to buy again every year, thats good news to me.
Thanks for the heads up. My plan is to manually enter the starting balance sheet and go from there. I am hoping to dump data FROM Quickbooks into excel to manipulate data to get the reports I'm looking for that aren't provided. I'm going to research options further. In all likely hood, to get everything I need and the option to add items in the future I might need a custom program writen.
Re/ 3-year licensing. Three years! I thought I was going to have to buy again every year, thats good news to me.
Once you get familiar with QB, you should be able to create any kind of report you need from within the program. There are lots of ways to customize and filter reports.
I'd be really careful of quickbooks "classes". Many of them are put on by accounting firms that want to bring you in as clients.
I used Quicken at first but it's geared more for home than business and my accountant uses quickbooks. Both are very easy to use but quickbooks has better reporting options.
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