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Computer de-literate
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<blockquote data-quote="Running Arrow Bill" data-source="post: 59457" data-attributes="member: 9"><p>As a person who has had accounting courses as well as a little computer savvy since 1982...here's what my experience has been:</p><p></p><p>Have tried various computerized accounting software, including "Quick Books" (used by a lot of people, but is NOT "quick"). Other programs I've tried are using about same format. Really helps to have some knowledge of accounting principles (i.e., debits, credits, chart of accounts, etc.).</p><p></p><p>The biggest problem I've found with all these programs is that it is a little difficult to "reverse an entry" should you goof up unless you are more accounting savvy than I am--my patience is limited in this respect.</p><p></p><p>Resultantly, I have resorted to a "paper system": Put all receipts in an envelope for the month. End of month: use the "pen & ink method" to hand enter all expense categories on a paper spread sheet. (Takes about 15 minutes). At end of year, merely total up all of your expense categories and send the summary figures & categories (chart of accounts) to CPA. (I average about 50-75 expense receipts a month).</p><p></p><p>Works for me and has turned out significantly less time than trying to screw with one of those "quick & easy" (duh...) software programs.</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 59457, member: 9"] As a person who has had accounting courses as well as a little computer savvy since 1982...here's what my experience has been: Have tried various computerized accounting software, including "Quick Books" (used by a lot of people, but is NOT "quick"). Other programs I've tried are using about same format. Really helps to have some knowledge of accounting principles (i.e., debits, credits, chart of accounts, etc.). The biggest problem I've found with all these programs is that it is a little difficult to "reverse an entry" should you goof up unless you are more accounting savvy than I am--my patience is limited in this respect. Resultantly, I have resorted to a "paper system": Put all receipts in an envelope for the month. End of month: use the "pen & ink method" to hand enter all expense categories on a paper spread sheet. (Takes about 15 minutes). At end of year, merely total up all of your expense categories and send the summary figures & categories (chart of accounts) to CPA. (I average about 50-75 expense receipts a month). Works for me and has turned out significantly less time than trying to screw with one of those "quick & easy" (duh...) software programs. [/QUOTE]
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