Re: Simple Small Busines Accounting App

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Author: George Toft
Date:  
To: Main PLUG discussion list
Subject: Re: Simple Small Busines Accounting App
The accountant could read common formats - like whatever QuickBooks
uses. Also, this was back in 2007

Regards,

George Toft

On 8/12/2013 12:57 PM, Matt Graham wrote:
> On 2013-08-10 12:22, George Toft wrote:
>> Based on my experience, gnuCash is fine - probably more than you
>> need.
>
> Double-entry bookkeeping is useful in a number of ways--mostly because
> you have to classify everything when you enter it. GNUcash can also
> generate reports, which might be useful. I'm not sure if libreoffice
> does "print checks", either, while GNUcash can do that. Make sure to
> check the detailed docs at
> http://www.gnucash.org/docs/v2.4/C/gnucash-guide/ for how to use the
> program.
>
> I may be biased though, since I've been using GNUcash to keep track of
> my personal finances since 2000. It works pretty well for that.
>
>> I had to pay an accountant
>> $1200 to manually transfer all the gnuCash entries to QuickBooks for
>> the previous four years ($300/year). It would have been much less
>> expensive to use QuickBooks in the first place.
>
> This seems odd. Was a lawyer or accountant unable to use GNUcash to
> read your files? GNUcash files are just gzipped XML and can be
> transformed into other formats using XSLT, but doing that can take
> some time/effort since XSLT is not really very widely used and is kind
> of a pain to write. (Appendix A5 of the documentation briefly
> describes this.)
>
>> will never need to have your accounting records
>> reviewed by an accountant or lawyers, OpenOffice should work fine.
>> Simply put each item from Schedule C as column headers, include date,
>> description and mileage, and as you enter the expenses/receipts put
>> them in the right column and come tax time it will take you about 5
>> minutes to fill out Schedule C as a copy&paste exercise.
>
> This has the advantage of not requiring you to learn much, which can
> be useful.
>


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