2 Comments

1. 

   Brandon April 9, 2009

   Congrats on your taxes! Just this year I started working with a bookkeeping company that does all my Quickbooks work for me, and generates reports like an income statement, cashflow statement, balance sheet, etc., and actually explains what they mean. It’s been very helpful, as I haven’t enjoyed working with Quickbooks very much (overly complicated). It costs about $200/month, but I think it’s worth it for the time and headache it’s saved me. They only do my business bookkeeping, though. For personal, I’m just using Mint (and kind of MSMoney).
2. 

   Dustin April 9, 2009

   I think you told about that company when you were thinking of doing that. $200/mo is definitely not in the budget. You’re right, QuickBooks is overly complicated! This was my first year using it and I never knew if I was doing it right. I was glad after our short meeting that she said I had no homework and my books “looked great”. The part that I didn’t really get was how to pay myself from my business. She introduced me to the term “Owners Draw”. I don’t know exactly how it all works out, but at least I know how to label it 😀

   Yeah, I think a lot of people use mint. My biggest problem with mint is you don’t really actively budget with it, which is why I use Mvelopes. As soon as I get done with Inzolo I think I drop Mvelopes.

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