Quicken Home, Business & Rental Property is a financial management tool that allows customers to efficiently manage their personal and business finances. This software provides various features, such as organized account management, customizable business forms, and in-depth financial tracking. With Quicken Home, Business & Rental Property, customers can monitor cash flow, generate insightful reports, and maintain tax compliance. By offering a straightforward approach to financial organization,Quicken Home, Business & Rental Property supports customers in keeping their finances under control while focusing on their business growth.
Setting Up Accounts
Start by deciding if you want to keep your personal and business money separate or together in one Quicken file. The IRS suggests keeping them separate, so think about which method works best for your finances.
Figure out which Quicken accounts you need to help manage your business. You can create customer estimates, invoices, and statements, keep track of money owed to you, and manage your bills.
Organizing Your Business Info
Quicken helps you see how much money you're making and spending in your business. If you have more than one business, it can show you the details for each one.
Managing Money Owed to You
Keep track of what your customers owe you and when they pay you. You can create one account for all your customers or separate accounts for each customer.
Personalizing Your Business Forms
Make your business stand out by creating unique invoices, estimates, and other forms that show off your style.
Handling Payments and Returns
Quicken can help you manage customer payments, refunds, and late fees.
Keeping Track of Sales Tax
Set up sales tax accounts if you sell products or services in different areas with different tax rates.
Managing Bills and Money Owed by You
Keep track of what you owe other businesses and when to pay them.
Organizing Projects and Jobs
Use Quicken to track income and expenses for different projects or jobs with your customers.
Planning Your Cash Flow
Quicken can help you figure out how much money is coming in and going out, so you can make better financial plans.
Creating Business Reports
Use Quicken to make reports about your business, like Profit and Loss Statements and Balance Sheets, to help you plan for the future.
Don't forget to track your business-related driving, as it can be a tax deduction. Quicken's Vehicle Mileage Tracker can help you keep track of all your miles.