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Which Quickbook for consultant

November 25 2004 at 1:19 PM
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I have a simple need, I have a S-Corporation, registed in California.

My profession is a computer professional that bills per hour with no other expenses due to the client.

My expenses that are not reimbursed by customers is Milage, general Admin, Office Rental, etc.

After the end of each month, after subtracting all expenses I transfer almost all of the cash, except for minimum balance into my personal account as my salary.

which quickbooks will allow me to accomplish this, I looked a Quickbooks Pro and it seem much more complicated than I need.

One other thing is that I would like to connect a Federal and State tax system for end of year.

I appreciate the help,

Joe

 
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(Login joeyea)

Re: Which Quickbook for consultant

November 26 2004, 7:59 AM 

If what you describe is all you need, you should be able to get by with the basic version if you are going to track the time manually and you don't do estimates. If you are going to be transferring the income and expenses into Turbo Tax at year end, you can set up the Chart of Accounts with the correct tax codes for this but you will still need to know how to transfer the information that isn't automatically transferred. You need to know how to do the return by hand before you use a tax program for corporate taxes so you know whether it's correct or not. All the balances don't transfer automatically with any version of QuickBooks into TurboTax or Proseries. You can compare the products at the following link:

http://quickbooks.intuit.com/commerce/compare/compare_result.jhtml;jsessionid=EVFRUO2V5L2AGCQIBMUBXCQKBAFSWF4K?selectedProds=prod30004,prod30001,prod30000&_requestid=80858

 
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