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Updated over 6 years ago on . Most recent reply

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Dan Shelhamer
  • Realtor
  • Mesa, AZ
99
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163
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What do you use to keep track of expenses?

Dan Shelhamer
  • Realtor
  • Mesa, AZ
Posted

With tax season now being here, I am thinking about ditching the excel spreadsheets and using a program like Quickbooks moving forward.  Any thoughts, advice, or recommendations on other software to use for this?

  • Dan Shelhamer
  • Most Popular Reply

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    Daniel Hyman
    • CPA
    • Milwaukee, WI
    1,606
    Votes |
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    Daniel Hyman
    • CPA
    • Milwaukee, WI
    Replied

    @Dan Shelhamer

    Quickbooks Online is a great program. 

    If you are actively building your portfolio, might as well take the dive now and learn the system. The class-tracking feature allows you to associate a given transaction with its correct property. 

    Once you have the data reconciled, you can run financial statements that are useful to lenders, investors, and will help you manage overall business performance.

    • Daniel Hyman
    business profile image
    My Online Accountant
    5.0 stars
    70 Reviews

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