Cohousing-L Mailing List: Re: Do-It-Yourself Bookkeeping?

[Bryan Syverson (bryan.syverson]

Here at Fresno Cohousing, I take care of the book-keeping. I am also the HOA
treasurer.
We have an outside CPA do the taxes and review the books once a year.
I didn't know how to use QuickBooks, so I had a lot to learn, although I'd
had one accounting course.
The first year was a lot of work.  Had to figure out how the accounts needed
to be set up.
Since you're taking over for an outside book-keeper, I'm guessing that's
already done, though.

The only negative I can think of is that there are only a few members of our
community who could competently do this.
After a year and a half, it isn't that many hours, but you have to be a
little OCD about it.
So job security is a downside (since this is an unpaid position).

Best of luck.

-Bryan Syverson
La Querencia Fresno Cohousing
Fresno, CA



-----Original Message-----
Message: 1
Date: Sun, 02 Jan 2011 06:01:40 -0500
From: R Philip Dowds <rpdowds [at] comcast.net>
Subject: [C-L]_ Do-It-Yourself Bookkeeping?
To: CoHoL <Cohousing-L [at] cohousing.org>

So, if you have relevant experience and could reply ...
* Are you doing your own bookkeeping in house?  If so ...
* What configuration of volunteers, programs, and procedures is working for
you?  And, 
* Did you try it, but then abandon it?  Why is that?

Philip Dowds
Cornerstone Cohousing
Cambridge, MA