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Updated about 6 years ago on . Most recent reply
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What do you use to keep track of expenses?
With tax season now being here, I am thinking about ditching the excel spreadsheets and using a program like Quickbooks moving forward. Any thoughts, advice, or recommendations on other software to use for this?
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Quickbooks Online is a great program.
If you are actively building your portfolio, might as well take the dive now and learn the system. The class-tracking feature allows you to associate a given transaction with its correct property.
Once you have the data reconciled, you can run financial statements that are useful to lenders, investors, and will help you manage overall business performance.
- Daniel Hyman
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My Online Accountant
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