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-   -   Recording Expenses (https://www.daycare.com/forum/showthread.php?t=85919)

TwinMama 04-04-2017 08:06 AM

Recording Expenses
 
I've been using Minute Menu the past few years and it works ok. I was just wondering if anyone uses Quickbooks or anything that may work better.

CityGarden 04-04-2017 09:12 AM

No advice but I'm interested in this same information

LittleScholars 04-04-2017 10:19 AM

Originally Posted by TwinMama:
I've been using Minute Menu the past few years and it works ok. I was just wondering if anyone uses Quickbooks or anything that may work better.

I've tried both and I prefer Quickbooks. I'll admit that I only tried Minute Menu for a short while because it just didn't have certain features QB does and I didn't want to waste my time. I prefer QB because:
-It automatically tracks my mileage. When I have a minute, I just note whether it was business or personal.
-You can link it to your bank account and create rules so it automatically sorts things (business, personal, or t/s).
-At the time, I felt the categories in QB better reflected my spending and the way my accountant wanted to see things sorted.

TwinMama 04-05-2017 05:34 AM

Originally Posted by LittleScholars:
I've tried both and I prefer Quickbooks. I'll admit that I only tried Minute Menu for a short while because it just didn't have certain features QB does and I didn't want to waste my time. I prefer QB because:
-It automatically tracks my mileage. When I have a minute, I just note whether it was business or personal.
-You can link it to your bank account and create rules so it automatically sorts things (business, personal, or t/s).
-At the time, I felt the categories in QB better reflected my spending and the way my accountant wanted to see things sorted.

Are you able to give the parents receipts/reports for the year?

LittleScholars 04-05-2017 09:17 AM

Originally Posted by TwinMama:
Are you able to give the parents receipts/reports for the year?

Currently, I use Brightwheel for billing, and parents have access to a full year end report. Until recently, BW was free, so that was a better option. Once they start charging a processing fee I'll look into QB and report back.


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