What Accounting System Will You Use?

Here's a news flash.......Not all of your clients will pay you unless you adopt a pay as you pick up policy. One of the first things you must do is establish a payment policy. I have adopted a policy that payment is required when tax returns are picked up. When I first started my business QuickBooks wasn't invented I kept track of my receivables manually on a piece of green accounting paper.

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Accounting Payroll QuickBooks Income Tax Investing Starting a Business Tax Preparation

Now, I use QuickBooks to create professional looking invoices and track my accounts receivable through QuickBooks reporting features. The QuickBooks program has the ability to create several different collection letters which I have used in the past with good success. If you stay in the tax preparation business you will have clients bring their tax records to you on a QuickBooks CD, zip disk or flash drive.

So, why not go out and buy your own version of QuickBooks and use it to keep track of your tax preparation business income and expenses.

There are other accounting programs that do the same thing and if you are more familiar with Peachtree Accounting or Simply Accounting then by all means continue to use them.

Accounting Accounting Services Payroll QuickBooks Starting a Business Income Tax Investing

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