Accounting Questions!!

Hey guys,

 Got  a quick question , which accountings programs are you using for your real estate business ?

 I am deep into the launch and my primitive accounting method is already falling to pieces.  

 I’m looking for a program that can “grow” with me (can’t do major expense right now).

Thank you,Thank you,Thank you

I use QuickBooks.

you just can’t beat what quickbooks can do for the price.

FYI, I was controller of a $6 million company some years back…using quickbooks. 12 cost centers, over 50 revenue centers. It’ll do just about anything you need it to. Just couldn’t justify the some thousands of dollars to get a more “robust” system.

For my rental activity, I plan to install Quicken Rental Property Manager (v2.5)

I also currently use Quickbooks. Is there any reason to buy an updated version of the Software? Mine is 2004 and I have no real complaints, but is there anything that I don’t realize I’m missing (that’s offered w/ a newer version)?
Thanks.

If you also use TurboTax, there will be a point in time when TurboTax import from Quickbooks 2004 is not supported.

I use Microsoft Accounting Professional. It is similar to QuickBooks. I ended up buying it to manage my wife’s business because Microsoft offered a free trial. I liked it and ended up bying it. So far I am fine with the software.

The interesting thing is that sometimes I have a question about how to post a transaction and I can’t find an answer searching for it in the MS Accounting Professional discussion boards. I usually search for the answer in the QuickBooks forums and find it. I guess this happens because there are probably many more users using QuickBooks than MS Accounting… I hope I will not regret my choice down the road…

Have a nice evening!