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Updated over 7 years ago on . Most recent reply
Investors and accountants- which version of QB?
I just got my first tenants in my first rental and I want to do a better job than I've been doing of keeping the books. I got online last night to get quickbooks, but I got so caught up in picking out which version to get that I ended up not getting any. Do you go with the desktop version? If you go online version do you get self-employed, simple start, essentials, or plus?
Which versions do accounts prefer to be handed over at tax time? Which versions to investors prefer to use? What do I really need? On this particular property I need to account for the home purchase, repairs, and now rental income and security deposits.
I also plan on doing fix and flips in the near future. Where do I even start?