QUICKBOOKS, Is it the only way?
Hey BP,
Quickbooks, is this the way to go?
I have a REI business and am fairly new to it. I have only flipped houses thus far but I am very interested in Buy and Hold as well for 2016. The question I have is what is the best way to keep track of everything on the financial side of the business. Currently I have a CPA and for the first year he said it was okay to itemize everything on excel. I have separate folders for each property where I keep all of my receipts, ect. I plan on growing my business substantially in 2016 and I want to learn the correct way now so I can focus on the REI and know that everything is in order with the books.
Please let me know what you currently use or any advice you would give me. My husband uses quickbooks for his business and said it is very difficult at first but then becomes second nature. I will learn whatever is needed but if there is something that would work that does not require the huge learning curve that would be awesome!