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What software are people using for book keeping?

Quick books?
Excel?
are there any free options?

I use and a lot of the contractors that I audit use Quickbooks Pro

I use Microsoft Excel to do all my business bookkeeping, and have been doing so for years. There are many "templates" available to download from the net for virtually any task. I created most of my own.

I use H&R Block's Tax Cut Business Version to do my taxes for the corporation and the sole proprietorship.

Most of my friends use QuickBooks for bookkeeping.

I have used both Peachtree and Quickbooks. I find the Quickbooks Pro powerful enough for companies doing business up to $1 million, and simple enough for the sole proprietor. You should be able to get a handle on it within a couple of hours. I am a Certified Quickbooks Advisor, so I'm somewhat prejudiced.

I use Quicken for Home and Business and also same for taxes: TurboTax for Home and Business.

My business does not do accounts payable and receivables, so this works very well for me. I use the invoice feature which tracks invoices as you send them out and then posts them to your designated account when they are paid.

I like it because it is easy to work on both my personal and business finances all in one application and it makes my tax filing easier as well.