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Doing your own taxes or have an accountant?
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overbrook
Posted 4/8/2021 13:29 (#8939981 - in reply to #8939896)
Subject: RE: Doing your own taxes or have an accountant?



I've always used quicken. With a basic understanding of accounting principles you can use the check register to make journal entries for non-cash transactions like depreciation, gains/losses, etc., and maintain asset and liability accounts. I've seen quickbooks but never used it myself and don't see the need for it in my situation. I print most of the checks and enter the splits at the time the check is written, so there isn't much to do at the end of the year except enter depreciation, adjust inventory values, and print the reports for the accountant.
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