Wednesday, July 16, 2008

Benefits of Using Software

Many people start out thinking they can just keep track of their income and expenses with their check book and a receipt box. Which you can do, but your accountant is not going to be very happy at tax time.

There are also those that use spreadsheets and templates to organize income and expenses into different categories. When that is done, they still need to generate financial statements which will involve yet another spreadsheet.

The simplest way to handle your business finances is to purchase a financial software program such as QuickBooks to organize all of your income expenses. You will only need to enter the data once and be able to generate professional, comprehensive financial reports.

Most programs also have the advantage of merging with your CPA's tax software for seamless and painless tax preparation.

Visit Keep It Simple Accounting for discounts on your QuickBooks product purchase and to schedule a Software Implementation and Training session.

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