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A Jackie/Six production

Friday, November 07, 2003 |
 
Attack of the Accountants
Today was my first foray into Quickbooks. Quickbooks seems like a great system to operate with, if you are running a small business. If you are running several small businesses, each of which serves pretty much to act as a pass through, then Quickbooks seems to be overwhelmingly much to bring to the software table. Invoices, accounts receivable, unassigned drafts? What if I get a periodic payment without invoicing? Let's say a commission check for a group life case. I don't generate an invoice. Should I use the commission statement as an invoice? Do I dump the cash into accounts recivable? How do I get it from accounts receivable into the checking account? I think all I really need to something like Quicken, with multiple accounts that don't care where the money comes from really, but rather where it is pooling together. Or, conversely, the fact that I don't have any accounting experience is making this seem much more daunting then it is. What I do know is that it is insanely hard to figure out simple things like where is the checking account, and where does money coming in from someplace disappear to. I hate Quickbooks.


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