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Post Info TOPIC: Is it quickbooks suitable to do my own bookkeeping and also bookkeeping for clients ?


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Is it quickbooks suitable to do my own bookkeeping and also bookkeeping for clients ?
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I know this question sounds really strange, but I am thinking upgrading from my excel based software to quickbooks as to get more experienced on it. 

So I would like to ask if this is suitable to use it also for doing my own books as I am working as self employed, and also to do bookkeeping for the clients ?

 

I do apologise if this question is weird, I am trying to get more sense out of a software that I do not know. 

Wish everybody a lovely day, 

 

Adrian 

 

 

 

 



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P.S. I only ride a motorbike because I want to dry my clothes faster 




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Its fine and won't cost any more as QB is a multi client license.

Doing your own books before those of clients makes a lot of sense.

Go right back to the start of your business and enter everything to get the practice.

Also don't be afraid to scrap it all and start again.

I must admit that compared to VT I find QB very slow and clumbersome but figure that I must be missing some tricks with it (so I've just ordered an American book on using the Premier editions that seems more advice than my existing book which whilst UK focused is more basics driven (I appreciate that there will be differences from UK application espechially around VAT but at the end of the day its really a bookkeeping rather than accountancy package and bookkeping is the same the workld over)).

Shaun.

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Shaun

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Yes QB's is fine, I use it for myself and for clients and always have done. Its really easy to use and the reports are brilliant.

Shaun - you must be doing something wrong!!! Need to learn the shortcuts and how to get round things quickly.

I haven't used VT so can't comment on it.

Good luck with it all.

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Amanda



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Hi Amanda,

I'm absolutely certain I must be doing something wrong.

if I had come to QB from Sage I think that I would consider it the bee's knee's.

Due to the fact that I am able to do the same work 2-3 times faster with VT I am however absolutely convinced that I cannot be using it as intended which is why I've got this book on order :

www.amazon.co.uk/Running-QuickBooks-2013-Premier-Editions/dp/1932925422/ref=sr_1_11

Whilst its obviously geared towards American audiences, and the bits about Payroll and American sales tax of of no use at all, it does seem to be aimed at improving productivity with the software and the bookkeeping side of things must be the same in all versions.

I'll see how I get on with it.

Rest assured though, I am giving QB every opportunity and the assumption is that the weakest link in this is myself rather than the software.

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Thank you Amanda and Shaun,

Is it any way to buy QB at a reasonable price, I mean less than their quote of 480 ?


Cheers


Adrian


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This is just my personal opinion. Advice should be sought from a suitably qualified Accountant.

 

P.S. I only ride a motorbike because I want to dry my clothes faster 




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Yes, just buy it from Amazon.

When on sale its at £99 but generally it hovers at around £130 - £140.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Either that or enter the ProAdvisor scheme... £37 a month and you get the accountant edition so you can do pretty much anything on it, and you can up to and an excess of 100 clients on it!

If you ever need a hand with it then Amanda and my self use it and im sure we'd be happy to help.

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Gary

W: www.backtoblackbooks.co.uk    E: gary@backtoblackbooks.co.uk     t: @backtoblackBK



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Hi Gary,

Still best part of £450 per year though so whilst reasonable compared to (say) Sage for multi client support you could still get the software cheaper by buying retail than direct from the manufacturer (now how many businesses does that happen in!).

Also, can't you have a hundred clients on the Pro version?



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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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Yes you can have up to 99 clients on the Pro version.

HTH

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Amanda



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Thank you everyone for help,

I think 99 clients is just enough for the moment, considering that I only have one: me

I will move to the other post, as it is kind of the same thing. 

 

Many thanks, 

 

Adrian 



__________________

This is just my personal opinion. Advice should be sought from a suitably qualified Accountant.

 

P.S. I only ride a motorbike because I want to dry my clothes faster 




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I had a big thick American book which was OK but then I got Quickbooks for Dummies and it was based on the UK software and has answered everything I've needed so far.

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Sounds as though I'm doing the same as you in reverse Princess.

I started with the dummies book as it was the only one that I could find that covered VAT.

Whilst it helped me find my footing I've been frustrated by the speed that I am able to do anything with the product so have invested in one of the big thick American books that promises shortcuts and undocumented features. Plus its specificlly for the Premier versions including the Accountant version that I have, so, fingers crossed given a few months playing I might actually start to feel better about it.

I think with your approach you learned the shortcuts before learning how to use it in the UK where I perhaps started from the wong place and whilst the dummies book will get you to where you want to be on it's own I'm thinking that it was just not enough and I want to know all of the shortcuts to speed up my throughput.

Before Amanda thinks that I'm having a go at QB I'm really not and fully apprecviate that the issue with using the software is going to be myself... I think... Amanda plus a couple of hundred thousand American users of this product can't be wrong.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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I thought pro was for one client??? :/ am i missing something here! lol

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Gary

W: www.backtoblackbooks.co.uk    E: gary@backtoblackbooks.co.uk     t: @backtoblackBK



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Hi Gary,

no, Pro's up to 99 clients (don't have that version myself, going on what Amanda tells me) and I think that Premier is unlimited although I'll leave that for someone else to confirm as I've only got one company on it at the moment and I am running that in tandem to VT until I am hitting similar speeds on both bits of software (still tortoise and hare at the moment but working on closing the gap).

VT is unlimited if anyone wanted to know that one.

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.

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