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Updated almost 4 years ago,

User Stats

37
Posts
2
Votes
Jean-Paul E. Gagnon
Pro Member
  • Rental Property Investor
  • Burlington, VT
2
Votes |
37
Posts

Quickbooks: worth the time spent learning? Am I OVER-engineering?

Jean-Paul E. Gagnon
Pro Member
  • Rental Property Investor
  • Burlington, VT
Posted

Hi all,

I have 8 properties (16 units), and have grown a lot in the past 18 months.   For 19 years, I've "kept books" with highly organized "paper system" which (while SOOOO 1990')s was at least a logical and organized.  

On January 1st, in an effort to be more "professional," and in the hopes of making tax season less time consuming I began tinkering with Quickbooks online.

I chose January first to make a clean break from the old paper system to the new digital one.  

I've had a tech person from a local CPA advising me over the phone for an hour every-other-week or so.  In the mean time, my receipts are everywhere and I'm falling behind in processing them.

The paper always worked fine and I have a friend who takes pics of receipts and saves them to his Google drive; two simple ideas that seem to work well...

SO MY QUESTION: Will all this time I'm putting into QB online payoff down the road?  Will it SAVE time?  Save money?  Save sanity?  Or am I overengineering my RE enterprise?

  • Jean-Paul E. Gagnon
  • [email protected]
  • 802-310-4611
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