Accounting software for managing the blog income/expenses | Bloggers Lair | Yakezie Forums

I use Quicken for our personal stuff and I have line items for blogging/online income. That way I can pull all the income and expenses up easily at tax time or when I just want to see where I'm at.

I use Quickbooks for the bookkeeping for two small businesses. I don't think QB would be necessary for a blog business, since it's such a simple business model. Quicken should be more than okay and it's much, much cheaper.

Hope that helps!

I tried quickbooks and didn't really like it, but I went with GnuCash and after getting over the initial learning curve i find it pretty good to use. The fact that it supports multiple currency transactions is also great for me as a Canadian, and hey, it's free.

Suba @ Wealth Informatics said:

May be I am the only one "spending" a lot on blogs  I find it annoying to remember all the transactions I made with my credit card,  some transactions using paypal, checks I sent… Income part is the easiest for me, 3 lines… haha. I just want to make sure I won't miss any deduction due to me forgetting to keep track of an expense. Hence the desire to find a software that would automate it for me….

 

@Kevin, I tried out GNUCash for personal budgeting before I went with mint. I forgot about that. I will give it a try. Thanks.

 

If anyone have any other suggestions, keep them coming guys. Thanks!

Gnucash probably won't be easy as Mint but I believe you can import your online banking into it… personally I do everything manually and spend a couple of hours at the end of each month, but if the lines grew too much I would definitely want to automate more if it. With GnuCash you can set up recurring transactions so if you have something to pay every month and it's consistent, you can easily set that up to repeat so you don't have to manually enter it each time.

Outright is exceptional.  

I used to use Excell sheets (still do for things that are more complicated) but Outright is the bee's knees.  Worth every dime of the $10/mo.

Jason@LiveRealNow said:

Suba @ Wealth Informatics said:

I am not sure if this was discussed before, I did a search and there was nothing. So I was closing the books for this month and as I have more than a handful of transactions, I was thinking of moving to a s/w. Excel might be good enough but I am spoiled by mint.com :) Is there anything like that for business accounting? That would automatically categorize/tag and help me with overall accounting? Or may be an intelligent excel sheet would be the way to go?

I found outright and quickbooks, but both of them is ~$10-$12. Don't know if it is worth the cost at this low income level. Any one using these? Are they worth the price? Do you know of any good alternative?

Thanks.

 You could go with a separate bank account for all blogging transaction, in and out.  Then you'd just have to dump the data at tax time.  I do that and have GCal reminders for ad expirations.

That sounds good, too.  I would imagine that any PF blogger would probably qualify for most business credit cards out there (with a personal guarantee).  Makes it real easy.

Indinero is a Mint.com for small businesses.

Quickbooks is good if you need something robust and are willing to learn how it works, which takes time.

I use Excel but I am looking at going LLC and will probably use Quickbooks or Indinero from then on.

I have an Excel spreadsheet that tracks all my advertisements as well as their income and expiration dates, contact info and the like.  It's a little cumbersome at times but it's a tab within a spreadsheet that I use to track pretty much everything financial, so at this point I'm sticking with it.

I've been using Excel but I really need to find a better solution.  Excel was great in the beginning but as things grow and get more complicated I'm spending too much time on it.  Some good suggestions in this thread, Outright in particular looks really cool.