Accounting, Taxes, and other dull stuff

Accounting, Taxes, and other dull stuff

Like anything in life, there are things that you like to do and things that you don’t. I like to design things, build things, and watch them work after they are done. Some people might even argue that I have a knack for figuring out difficult problems and overcoming unusual situations.

I will be the first to admit, administration is not one of my strong suits. That being said, owning your own business requires a fair amount of administration. There are forms to be filled out and sent to the proper authorities, insurance, accounts payable, accounts receivable, taxes and payroll not to mention generating proposals, etc.

To handle that stuff, I purchased a copy of Quickbooks Pro. I purchased it online from Amazon.com and received $50.00 off the list price of $199.95. I have set it up on my computer and am in the process of learning the program. I can say that it seems pretty easy so far.

If this gets going well, I will have to hire an accountant to deal with the tax issues. New York State sales tax alone is enough to drive one batty with all the different rules, one set for residential customers, another for business customers, etc. Then, of course, there is the IRS. Enough said.

They don’t make it easy to start a business, I hope that all this back end effort is worth it.

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