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Updated over 2 years ago on . Most recent reply

User Stats

62
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22
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Carlos C.
22
Votes |
62
Posts

Basic bookkeeping software.

Carlos C.
Posted

Hi, I don't have a lot of rentals...and don't plan to buy more...maybe do a couple of flips a year to increase cashflow and savings. I been looking for accounting software, Quickbooks, and it looks like now all versions are online only, with a monthly subscription. I would like a basic bookkeeping software, desktop, that I can purchase and use until I want to upgrade. A few desktop version will work for 2 to 3 years, then you have to pay for a new license.

I currently use Excel.

Any suggestions?

Most Popular Reply

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254
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28
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Mary Joe
  • Investor
  • Brooklyn, NY
28
Votes |
254
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Mary Joe
  • Investor
  • Brooklyn, NY
Replied

Not true that all Quickbooks are online version only.  Do a search for Quickbooks Desktop, I think that's what you are looking for. 

I have used Excel, Quickbooks online and Quickbooks destop for many years. Don't like Quickbooks online at all but I do understand that it does appeal to a certain group of users.


Personally, I would stick to Excel unless we are talking about a lot of transactions every year. As a matter of fact, if you have few transactions, using Quickbooks (whether online or desktop version) may take more of your time because you have to set up your chart of accounts, vendors maintenance, customer etc etc whether you have 10 transactions or 10000 transactions per year using QB.

Good luck. 

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