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Updated over 3 years ago on . Most recent reply

Kimberly Lima's profile image
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Kimberly Lima
  • Accountant
  • from Westport, MA
  • Member since Jan 7, 2021
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Kimberly Lima's profile image
Kimberly Lima's profile image
Kimberly Lima
  • Accountant
  • from Westport, MA
  • Member since Jan 7, 2021
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Kimberly Lima
  • Accountant
  • Westport, MA
5
Votes |
17
Posts
Personal Finance

Tracking expenses on flip

Kimberly Lima
  • Accountant
  • Westport, MA
Posted

Hi everyone!

Does anyone have a good efficient system for keeping track of expenses on a development property? Right now, I'm just using Excel as I find software will not be able to decipher what are on multi Home Depot receipts! Any tips/tricks to help with that would be great!

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Stephen Keighery's profile image
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Stephen Keighery
  • Rental Property Investor
  • from New Orleans, LA
  • Member since Sep 27, 2018
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Stephen Keighery's profile image
Stephen Keighery
  • Rental Property Investor
  • from New Orleans, LA
  • Member since Sep 27, 2018
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Stephen Keighery
  • Rental Property Investor
  • New Orleans, LA
461
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Stephen Keighery
  • Rental Property Investor
  • New Orleans, LA
Replied

@Kimberly Lima someone will give you a good software but I just want to say that there is nothing wrong with excel for your first deals. I would focus more on getting a good outcome than trying to create a scalable process.

  • Stephen Keighery
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