Quicken

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Is a Spreadsheet Appropriate for Corporate Bookkeeping?

By | July 18th, 2016|Categories: Potpourri of Tax Topics|Tags: , , , , |

Can a corporation use a spreadsheet instead of a traditional general ledger to keep the corporate books? There are certainly corporations that think they can. I know many of my tax and accounting brethren are shouting “NO!” In response to this question. My answer is more on the fence. It depends on what your corporation is up to.

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Is Quicken Appropriate for Business Bookkeeping?

By | June 24th, 2016|Categories: Potpourri of Tax Topics|Tags: , , , |

As with almost anything I discuss on this blog, the answer to the question posed in the title is: "it depends." Quicken works fine for small businesses with simple recordkeeping needs, but it quickly gets overwhelmed by more-complex situations.