|Re: Accounting software for coho?||<– Date –> <– Thread –>|
|From: Jerry Koch-Gonzalez (jerrysociocracyforall.org)|
|Date: Mon, 14 Oct 2019 11:05:21 -0700 (PDT)|
I use QuickBooks Online for Pioneer Valley Cohousing and I am happy with it. I imagine Freshbooks could be better but I am not familiar with it. You definitely should not be using Quicken for cohousing bookkeeping - it does not have the appropriate capacities and will make your life harder. Even with QuickBooks, I keep a set of instructions printed and handy for unusual bookkeeping entries, like dealing with uncashed reimbursement checks that revert back to funds in our accounts, refunds, overpayments. I now have a "cash management" account with our local bank which allows me to pull condo fees from almost everyone's bank accounts like credit card companies and utilities do from mine, and it has made my life a lot easier. Fewer errors and almost no chasing people for late payments. Jerry Koch-Gonzalez 413-687-5444 Co-Founder , Sociocracy For All <http://sociocracyforall.org/> and New England NVC <http://newenglandnvc.org/> Founding Resident, Pioneer Valley Cohousing Community <http://cohousing.com/> To talk to me about sociocracy or NVC, go here: https://talktojerry.youcanbook.me On Mon, Oct 14, 2019 at 1:39 PM Sharon Villines via Cohousing-L < cohousing-l [at] cohousing.org> wrote: > > On Oct 14, 2019, at 1:06 PM, Craig Wright <crw [at] crw.xyz> wrote: > > > Does anyone have an accounting software suggestion? I am considering > Quickbooks Online but the price of entry is pretty high. However, if it > makes data entry, invoicing, and reporting easier, I think it would be > worth it. > > We have a management company that does ours, which I think is more work > than doing it ourselves (personal opinion), but myself I found FreshBooks > to be far superior to Quicken or Quickbooks. I would definitely recommend > an online software, however, because then other community members, as > authorized, can enter data, check data, etc. > > Freshbooks was designed about 10 (?) years ago? Maybe a bit longer, but > recently enough not to have the problem of baggage necessary to keep old > versions and customers happy. And sufficiently long ago that they have > experience and have gotten any bugs worked out. It imports records from > other accounting programs. Has excellent help files. Speaks Plain English. > Very nice clean design. Full reporting capability. Enter the data and push > a button. You can update reports as often as you like. > > The only reason to use Quickbooks is if you work with a CPA who requires > it. Some people love it but I have found it needlessly obtuse. But it’s > been around a very long time so many people rely on it. > > For understanding accounting, this article from Entrepreneur evaluates > accounting information websites: > https://www.entrepreneur.com/article/249673 > > Their first choice is one I have found very good, The Accounting Coach. > Tons of information, great dictionary. > https://www.accountingcoach.com > > When you understand all the ins and outs, watching the figures can be lots > of fun. Don’t despair! > > Sharon > ---- > Sharon Villines > Takoma Village Cohousing, Washington DC > http://www.takomavillage.org > > > > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://L.cohousing.org/info > > > >
- Accounting software for coho? Craig Wright, October 14 2019
- Re: Accounting software for coho? Sean Davey, October 15 2019
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