I hope by now you’ve discovered that keeping your bookkeeping in a shoebox is not the answer. Neither is Excel, Word or Quicken. If you own a business and have assets, QuickBooks or something similar such as Peachtree Accounting is the way to go.
But don’t let the commercials fool you into thinking you can do it all yourself.
I speak with too many small business owners who have gotten themselves into a mess trying to do it all. Although it’s pretty simple to maintain your books (I use QuickBooks), it’s critical that you hire an accountant (who knows your software) to set it up right in the first place…and show you how to do the everyday work.
Did you learn your lesson the hard way? Have you dug yourself out of a hole and have lessons to share? Let’s get this conversation started.