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accounting is twisting my head in a knot

Postby spankthafunk » Thu Jun 26, 2008 8:58 pm

I am pretty new to screen printing and starting my own business. I'm off to an ok start but there is alot more for me to learn and understand. I am currently trying to figure out the best way to set up an accounting system for my business. Most software is too much, as well as paying an accountant. I figured I could do the bookkeeping myself but there is a lot to know. I do want to get something started while I'm early into the business though, before all of my receipts and sales become long. Can anyone recommend a cheap cheap cheap software program that is good, or maybe a book on accounting that is worthwhile for me to just do everything the old fashioned written way?
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Re: accounting is twisting my head in a knot

Postby ROADSIDE » Fri Jun 27, 2008 5:49 pm

quickbooks is the way to go. there are others but quickbooks is the big dog.
.... I can give you my opinion but I can't tell you if it's right or not.
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Re: accounting is twisting my head in a knot

Postby spankthafunk » Sun Jun 29, 2008 9:07 pm

quickbooks seems like a high priced program. would the cheapest version handle everything that I need? I have been searching the forums and it seems that a lot of screen printers have trouble with the inventory system in Quickbooks, because you can't tell one product to have multiple sizes and colors.

What about the industry specific programs by themselves, anyone have experience with T-Boss or T-quoter? or are there others that are good?
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Re: accounting is twisting my head in a knot

Postby ROADSIDE » Mon Jun 30, 2008 10:49 am

Do you have EXCEL?
Make a spread sheet that does all your math.... You should not be worrying about inventory. Your not that big were you have an inventory.
.... I can give you my opinion but I can't tell you if it's right or not.
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Re: accounting is twisting my head in a knot

Postby spankthafunk » Mon Jun 30, 2008 6:12 pm

very true. I was thinking about using excel as a way to set up my accounting system. I wasn't sure how in-depth I need to go though; ie, should I began making cash flow statements, journal entries, transactions, and so on also? Or should I just use Excel for inventory and purchase a cheap quickbooks program? Thanks for all of the advice.
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Re: accounting is twisting my head in a knot

Postby d fleming » Tue Jul 01, 2008 3:19 pm

Roadie is all over it. Quickbooks is the way to go.
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Re: accounting is twisting my head in a knot

Postby spankthafunk » Tue Jul 01, 2008 9:37 pm

yea I have Excel. I have been trying to build a system with Excel that works the way I want it to, but just wasn't sure if there might be an easier way. I broke down and got simple bookkeeping record book to write my items down for now until I can get something going. I'll also look into Quickbooks and try to start learning it as soon as possible.
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Re: accounting is twisting my head in a knot

Postby taglessthreads.com » Thu Apr 15, 2010 4:25 am

When you can afford it I suggest hiring a bookkeeper. You will find when you get busier it will be harder to keep track of finances. Leave it to a professional.
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Re: accounting is twisting my head in a knot

Postby tompaine » Mon May 10, 2010 4:07 am

http://www.turbocashuk.com/ is open source & free
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Re: accounting is twisting my head in a knot

Postby EveVon » Thu May 13, 2010 1:08 pm

If you did want to use Excel, Microsoft has some free templates here http://office.microsoft.com/en-us/templates/FX102637491033.aspx that you can find for accounting type stuff... I've used them before, but I think if I didn't want to spend a dime I would just do it by hand in a general ledger (ol' pencil and paper). My vote is definitely for Quickbooks for the record though.
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Re: accounting is twisting my head in a knot

Postby Business Forms » Wed Jun 23, 2010 1:01 am

Quickbook is the best for accounting.. Microsoft Accounting Pro is also a good option.. But quickbook is better..
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Re: accounting is twisting my head in a knot

Postby andrelewis » Mon Jan 16, 2012 4:27 am

You can download accounting software to get relief from hectic schedule of accounts management, it is nice to use software designed for specific industry, as the application bring a lot of changes in workings.
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Re: accounting is twisting my head in a knot

Postby Harry. » Tue Aug 14, 2012 7:39 pm

As a New York City accounting services provider, Harvinder Singh, CPA, PLLC provides Tax Preparation Services, Financial Planning Services, Bookkeeping Services and many other financial services to the New York City and surrounding
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Re: accounting is twisting my head in a knot

Postby d fleming » Wed Aug 15, 2012 8:39 am

As a New York City accounting services provider, Harvinder Singh, CPA, PLLC provides Tax Preparation Services, Financial Planning Services, Bookkeeping Services and many other financial services to the New York City and surrounding "

Then you should understand purchasing an ad to advertise on a thread started in 2008
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Re: accounting is twisting my head in a knot

Postby marc murphy » Thu Apr 18, 2013 2:45 pm

I would recommend Sage books or Fresh book. But it depends on the size of your business. If your a small business Excel should be able to take care of all your accounting needs, providing of course that you have a good knowledge of excel formulas.
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Re: accounting is twisting my head in a knot

Postby Somyadhawan » Thu Mar 30, 2017 7:01 am

You can go for Giddh Accounting Software
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Re: accounting is twisting my head in a knot

Postby mariareese » Sat Aug 12, 2017 6:36 am

Giddh was just like a basic one .. need some advanced features then you may buy GST Lekha ,,..

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