What is good accounting software

[Omar Stoltzfus]

Hi, I was looking to upgrade my accounting systems at the beginning of the new year. I was wondering what the best software is for real estate accounting? Or what you would advise me to use? All options will be greatly appreciated Thank you, Omar

[Account Closed]

Believe it or not most CPA's don't know how to setup QuickBooks the correct way for Landlords.  

You see a normal CPA or an Accountant who isn't a landlord, looks at QuickBooks through an accountant eyes.  They want you to do a lot of Journal Entries.  Yep, I just said the No NO Word...JOURNAL ENTRIES.

QuickBooks does all this for you behind the scenes.  Just once in awhile you may need to do a Journal Entry.  

Yes, QuickBooks can look and seem intimidating because it is so Robust!  But it really isn't hard at all.  But if you want to use all it's features, it does take some time to learn.   I have taught a quickie course in 4 hours.  But to know it fully would take about 8 hours or even 16, if one is doing a seminar and teaching it all. 

But all in all QuickBooks is a Landlords best friend.

Nancy Neville