Basic bookkeeping program

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  • Questionguy101
    Senior Member
    • Jan 2007
    • 423

    #1

    Basic bookkeeping program

    I am looking for a basic bookkeeping program to recommend to a friend. I hope it is easy for her to enter income and expenses. And then it can generate the basic financial statements like Income Summary and Balance Sheet. That's it. Nothing fancy.

    Does anyone knows an inexpensive and workable program like that?
  • Jiggers
    Senior Member
    • Sep 2005
    • 1973

    #2
    Basic Bookkeeping Program

    Originally posted by Questionguy101
    I am looking for a basic bookkeeping program to recommend to a friend. I hope it is easy for her to enter income and expenses. And then it can generate the basic financial statements like Income Summary and Balance Sheet. That's it. Nothing fancy.

    Does anyone knows an inexpensive and workable program like that?
    Pencil and paper!

    Seriously, does your friend have some bookkeeping knowledge? Does she know what a balance sheet is and what an income statement is? Does she know how to classify transactions (Income, expense, asset, liability, equity)?

    Before I recommend a program, I would want to know her level of education for bookkeeping.
    Jiggers, EA

    Comment

    • Questionguy101
      Senior Member
      • Jan 2007
      • 423

      #3
      Originally posted by Jiggers
      Pencil and paper!

      Seriously, does your friend have some bookkeeping knowledge? Does she know what a balance sheet is and what an income statement is? Does she know how to classify transactions (Income, expense, asset, liability, equity)?

      Before I recommend a program, I would want to know her level of education for bookkeeping.
      Yes she does. She has worked as a bookkeeper before.

      Thank you for your help.

      Comment

      • Jiggers
        Senior Member
        • Sep 2005
        • 1973

        #4
        Bookkeeping Program

        There is always QuickBooks.

        There is also Peachtree. I use this for my own personal tax practice. www.peachtree.com

        Also Creative Solutions. A Cadilla program that I use for my monthly clients. And expensive.
        Jiggers, EA

        Comment

        • Questionguy101
          Senior Member
          • Jan 2007
          • 423

          #5
          Originally posted by Jiggers
          There is always QuickBooks.

          There is also Peachtree. I use this for my own personal tax practice. www.peachtree.com

          Also Creative Solutions. A Cadilla program that I use for my monthly clients. And expensive.
          Thank you for your advice.

          I am using/have used these programs before too.

          I wonder if there are other basic programs that can do the simple job that I described. Ideally it is a shareware which costs nothing. It doesn't have to do all the fancy stuffs like Peachtree or Quickbook other than creating an income summary or a balance sheet. I hope someone here will know a program like this.

          Comment

          • taxxcpa
            Senior Member
            • Nov 2007
            • 978

            #6
            Peachtree and Quickbooks

            Peachtree and Quickbooks are both low-cost programs. You can keep using the same version for years if you use something else like Medlin or Drake's CWU for payroll.

            I use Peachtree and haven't bought an update for several years. I use Drake which comes with CWU but before I switched to Drake I used Medlin.

            Comment

            • Kurly
              Senior Member
              • Jul 2005
              • 247

              #7
              Excell Bookkeeping Spreadsheet

              A very easy one for beginners with a little assistance from you. Dyno Tech Software.

              K

              Comment

              • Peachie
                Senior Member
                • Feb 2007
                • 377

                #8
                What about Quicken?

                Originally posted by Questionguy101
                Thank you for your advice.

                I am using/have used these programs before too.

                I wonder if there are other basic programs that can do the simple job that I described. Ideally it is a shareware which costs nothing. It doesn't have to do all the fancy stuffs like Peachtree or Quickbook other than creating an income summary or a balance sheet. I hope someone here will know a program like this.
                Is that one still around? It's good old checkbook bookkeeping.

                Peachie

                Comment

                • S T
                  Senior Member
                  • Jun 2005
                  • 5053

                  #9
                  Quicken and Quicken Home and Business

                  Yes Quicken is still around and I still use it for some of my clients. It is simple, inexpensive, and you only need to upgrade maybe every 4 or 5 years.

                  Sandy

                  Comment

                  • BOB W
                    Senior Member
                    • Jun 2005
                    • 4061

                    #10
                    Look up "Medlin accounting">>Shareware, for the most part.

                    Last edited by BOB W; 09-29-2010, 07:21 PM.
                    This post is for discussion purposes only and should be verified with other sources before actual use.

                    Many times I post additional info on the post, Click on "message board" for updated content.

                    Comment

                    • Questionguy101
                      Senior Member
                      • Jan 2007
                      • 423

                      #11
                      Originally posted by BOB W
                      Look up "Medlin accounting">>Shareware, for the most part.
                      Thank you. I will tell my friend to check this out.

                      Comment

                      • PIGLEE
                        Senior Member
                        • Sep 2005
                        • 446

                        #12
                        The easiest one I know of is DOME, it works like the old Dome Record keeping books (and they are still arou nd). But they have a program for around 50.00 that is just like using the Dome books. Very simple, no bookkeeping experience needed. I bought one just to see how it works, and it is very good for someone with no experience.

                        Comment

                        • Davc
                          Senior Member
                          • Dec 2006
                          • 1088

                          #13
                          GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.

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