[ale] OT: Bank of America

[walter Sams]

If you get a cpa to help with your taxes, they could also help you set
up your books so that you start out with something that makes sense to
accountants.  The most important thing is to set up your chart of
accounts so that your work is accurately reflected in the books and your
cpa understands what you are doing and you understand how the
information flows into through and out of the books.

If you want to handle your business tax return yourself, a good basic
accounting manual would be a great help.

Personally, I have an account review our books at the end of each
quarter to ensure compliance with all the tax forms, then prepare our
tax returns at the end of the year. They also can answer questions on
just how to handle specific transactions properly, like loans, payroll
taxes and deductions, expensing something vs depreciating it, capital
improvements and such.  

Since you are using the ALE list quickbooks is out, so there is no need
to bother you with why the irs doesnt like that program ( or me either
for that matter)

Which ever program you try, I would do some reading up on the
installation and setup of the program before I jumped into using it.
its sort of like jumping into Linux after using windows for 10
years---there is a learning curve  

Walter Sams
(my experience is running a construction company with 14 employees for
15 years)

On Fri, 2003-11-21 at 17:22, James P. Kinney III wrote:
> On Fri, 2003-11-21 at 13:20, Jeff Hubbs wrote:
> > Any good quickie tutorials on double-entry?  I'm thinking about starting
> > to use SQL Ledger.
> > 
> I would recommend a continuing education class in introductory
> accounting methods. They all use double entry (unlike Intuit products
> which mostly fake it).  Another good resource are used book stores.
> Accounting hasn't changed much in 100+ years so any "Introduction to
> Accounting" text will cover the topic well. My wife found most of her
> text books for grad school on ebay. She paid (counting shipping!) about
> 1/2 what the school was charging for the used books.
> 
>  I am still a big fan of sql-ledger. It is a great tool. But a client
> just sent me a link to ossuite. It is MUCH easier to use than (on a
> cursory glance) than Compiere but has more stuff than sql-ledger.
> 
> http://www.ossuite.org/