All Forum Posts by: Jeff Gates

I tried to make QB work for my small business but found it to be extremely overwhelming and very time consuming for my small business.  I really wanted to find something more simple or someone to help me keep my data up and property categorized.  I use a PM company so banking inputs are typically just a credit with in's and out's included.  

I gave up a few months ago, to go with a spreadsheet, but I agree with @Account Closed, that the ability to instantly publish an P&L have major value. I've got decision remorse...

Some accountants do require Quickbooks, but most don't.  Most accountants want a balance sheet and P&L, which you can get out of other financial applications.  Quickbooks doesn't provide all the things that attract tenants to your property either like ACH payments, online portal, online maintenance tracking, etc.  Competing against landlords that do provide these can be tough if you are stuck in the QB feature-set.  More important in some locations than others of course.

If you use a landlord specific program, it should also provide the exact reports necessary for your CPA to do their job.