Basic Bookkeeping is an accounting program for business owners , not accountants. Unlike double entry systems, Basic Bookkeeping's single entry method is intuitive. You simply enter your income and expenses. There are no credit, debits or other accounting jargon to worry about. If you have used "Dome" books (e.g., "Simplified Monthly Accounting", etc), you will be right at home with Basic Bookkeeping. The single entry method is well suited to small businesses including sole proprietors, partnerships and S-corporations.
Basic Bookkeeping features a set of comprehensive reports that are instantly available to help with business decisions. The reports are clear, concise and designed to organize Income and Expense information to support analysis of business activities, and preparation of taxes by either you or your accountant. Business success starts with intelligent money management and you can't know where you're going unless you know where you are.
Basic Bookkeeping allows users to customize their data entry through the use of data folders. Each folder may contain income and expense data for a single business, a division within a business, or an individual. Reports may be generated for a single folder or for any combination of folders. For example, a rental property owner who dedicated a data folder to each rental property could report income and expenses for each property individually and all properties together.
New to Version 7, Basic Bookkeeping now allows users to print expense checks directly from within the program. Simply enter the expense amount, fill in the check and Basic Bookkeeping can print a check ready to be placed in a window envelop and mailed. Version 7 also adds the capability to track mileage and print a mileage log.
