Contractor Talk - Professional Construction and Remodeling Forum banner
1 - 14 of 14 Posts

·
Electrical Contractor
Joined
·
2,411 Posts
Discussion Starter · #1 ·
Anyone have a program or spreadsheet they use for keeping track of overhead and expenses? I really need to keep better track of these things but I do not want to use Quicken to do it. I don't pay for everything from my business checking account so not everything is recorded, like when I pay cash for instance.

Anyone have any ideas? Should I just build a spreadsheet? I'm not really that Excel savvy.
 

·
Registered
Joined
·
8,573 Posts
quickbooks. Every penny I spend and earn goes right into quickbooks.

If I pay for anything out of pocket or off my personal check/credit card I reimburse myself from my company just as if I were a vendor to my company. For example I bought $10 worth of stuff from office max. At the end of the month I submit a pile of recipets to my company and write myself a reimbursement check, seperate from my earnings check.
 

·
Registered
Joined
·
3,265 Posts
IMO, using spreadsheets for tracking costs is like using a pair of channel locks to change your spark plugs. It works, but why not use the right tool?
As an estimator, I used nothing but spreadsheets for 15 years - some were simple some were complex. When I needed to take on the job of bookeeper I heeded my accountant's advice and bought an application (Quickbooks Pro). It''s the right tool for the job.
 

·
Electrical Contractor
Joined
·
2,411 Posts
Discussion Starter · #12 ·
Thanks for the replies guys. I use Quicken home and small business.
I think it may be time to make the jump from Quicken to Quickbooks. Quicken is OK but it seems QB is by far the better way to go.


One more question then. Which QB to get. I see everything from Pro to Contractor (I did hear not to get this one), etc....
Any suggestions?
 

·
Registered
Joined
·
3,265 Posts
'Pro' for me. Still using 2003 version. It's powerful and flexible enough to do everything I need including all the standard statements plus set-up job budgets, track and report job costs, generate invoices, etc.
 
1 - 14 of 14 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top