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Journal ir0b0t's Journal: law office notes

It turns out that its easier and more effective to use the spreadsheet from Open Office to handle office finances. Gnucash is not ready.

I created one spreadsheet each for accounts payable, accounts receivable, trust balances and timekeeping.

The timekeeping spreadsheet tracks my time and expenses on one sheet and describes my activities on another sheet. The sheets are grouped by financial quarter.

My staff use the information on the spreadsheets to create invoices. I use the information to doublecheck the bookkeeping and reconcile the bank accounts.

I open all of the mail and enter bills into my a/p spreadsheet before passing them along to the bookkeeper. I do the same with payments and deposits in the a/r and trust spreadsheets.

This approach has given me a much finer grained control than I ever had with Timeslips or Quickbooks Pro.

A morsel of genuine history is a thing so rare as to be always valuable. -- Thomas Jefferson

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