Quickbooks for personal Finances ??

Discussion in 'Quickbooks' started by Chris, Feb 16, 2008.

  1. Chris

    Chris Guest

    Is anyone using Quickbooks for personal finances, or is it an overkill?
    Using quickbooks and I don't mind paying for Quicken, as well, but I'much
    rather have to deal with the interface of a single product - if possible.
    There is no "persona finance" template of accounts (when you start a new
    company in QuickBooks), that's why I am wondering if it's not meant to
    handle that.

    TIA,Chris.



    --
     
    Chris, Feb 16, 2008
    #1
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  2. Chris

    Allan Martin Guest

    "Chris" <> wrote in message
    news:47b7631c$0$3193$...
    > Is anyone using Quickbooks for personal finances, or is it an overkill?
    > Using quickbooks and I don't mind paying for Quicken, as well, but I'much
    > rather have to deal with the interface of a single product - if possible.
    > There is no "persona finance" template of accounts (when you start a new
    > company in QuickBooks), that's why I am wondering if it's not meant to
    > handle that.


    Using QB for personal finances is not overkill it is underkill, it does not
    have the features required. Most smart end users use both programs.


    >
    > TIA,Chris.
    >
    >
    > --

    >
     
    Allan Martin, Feb 18, 2008
    #2
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  3. Chris

    Scott Guest

    "Chris" <> wrote in message
    news:47b7631c$0$3193$...
    > Is anyone using Quickbooks for personal finances, or is it an overkill?
    > Using quickbooks and I don't mind paying for Quicken, as well, but I'much
    > rather have to deal with the interface of a single product - if possible.
    > There is no "persona finance" template of accounts (when you start a new
    > company in QuickBooks), that's why I am wondering if it's not meant to
    > handle that.
    >
    > TIA,Chris.
    >
    >
    > --

    >


    I've been using it for mine - just start with no COA or use the generic one
    & customize. It's probably overkill for someone ONLY doing personal
    finances, but if you've got the program anyway there's no reason to use
    something else.
     
    Scott, Feb 18, 2008
    #3
  4. Chris

    Allan Martin Guest

    "Scott" <> wrote in message
    news:p...
    > "Chris" <> wrote in message
    > news:47b7631c$0$3193$...
    >> Is anyone using Quickbooks for personal finances, or is it an overkill?
    >> Using quickbooks and I don't mind paying for Quicken, as well, but I'much
    >> rather have to deal with the interface of a single product - if possible.
    >> There is no "persona finance" template of accounts (when you start a new
    >> company in QuickBooks), that's why I am wondering if it's not meant to
    >> handle that.
    >>
    >> TIA,Chris.
    >>
    >>
    >> --

    >>

    >
    > I've been using it for mine - just start with no COA or use the generic
    > one & customize. It's probably overkill for someone ONLY doing personal
    > finances, but if you've got the program anyway there's no reason to use
    > something else.



    Great, now share with use how to click on a button in QB and have it update
    the market value of all my investments? Also how can I have it generate a
    report showing all my short term and long term realized gains for the year?
    How can I get QB to put certain securities on a watch list? How can I get it
    to track the basis of my investments. How about stock splits?







    >
    >
     
    Allan Martin, Feb 18, 2008
    #4
  5. Chris

    Scott Guest

    "Allan Martin" <> wrote in message
    news:47b9b3f0$0$14662$...
    >
    > "Scott" <> wrote in message
    > news:p...
    >> "Chris" <> wrote in message
    >> news:47b7631c$0$3193$...
    >>> Is anyone using Quickbooks for personal finances, or is it an overkill?
    >>> Using quickbooks and I don't mind paying for Quicken, as well, but
    >>> I'much rather have to deal with the interface of a single product - if
    >>> possible. There is no "persona finance" template of accounts (when you
    >>> start a new company in QuickBooks), that's why I am wondering if it's
    >>> not meant to handle that.
    >>>
    >>> TIA,Chris.
    >>>
    >>>
    >>> --
    >
    >>>

    >>
    >> I've been using it for mine - just start with no COA or use the generic
    >> one & customize. It's probably overkill for someone ONLY doing personal
    >> finances, but if you've got the program anyway there's no reason to use
    >> something else.

    >
    >
    > Great, now share with use how to click on a button in QB and have it
    > update the market value of all my investments? Also how can I have it
    > generate a report showing all my short term and long term realized gains
    > for the year? How can I get QB to put certain securities on a watch list?
    > How can I get it to track the basis of my investments. How about stock
    > splits?
    >
    >


    That's your problem, my finances are much simpler. The OP asked if anyone
    used it for personal finances, I do & responded. With no details of what
    those finances are, I answered a simple question with a simple reply. If you
    don't want to stoop to the level of us common folk, just skip the post.
     
    Scott, Feb 18, 2008
    #5
  6. Chris

    Allan Martin Guest

    "Scott" <> wrote in message
    news:...
    >
    > "Allan Martin" <> wrote in message
    > news:47b9b3f0$0$14662$...
    >>
    >> "Scott" <> wrote in message
    >> news:p...
    >>> "Chris" <> wrote in message
    >>> news:47b7631c$0$3193$...
    >>>> Is anyone using Quickbooks for personal finances, or is it an overkill?
    >>>> Using quickbooks and I don't mind paying for Quicken, as well, but
    >>>> I'much rather have to deal with the interface of a single product - if
    >>>> possible. There is no "persona finance" template of accounts (when you
    >>>> start a new company in QuickBooks), that's why I am wondering if it's
    >>>> not meant to handle that.
    >>>>
    >>>> TIA,Chris.
    >>>>
    >>>>
    >>>> --
    >>
    >>>>
    >>>
    >>> I've been using it for mine - just start with no COA or use the generic
    >>> one & customize. It's probably overkill for someone ONLY doing personal
    >>> finances, but if you've got the program anyway there's no reason to use
    >>> something else.

    >>
    >>
    >> Great, now share with use how to click on a button in QB and have it
    >> update the market value of all my investments? Also how can I have it
    >> generate a report showing all my short term and long term realized gains
    >> for the year? How can I get QB to put certain securities on a watch list?
    >> How can I get it to track the basis of my investments. How about stock
    >> splits?
    >>
    >>

    >
    > That's your problem, my finances are much simpler. The OP asked if anyone
    > used it for personal finances, I do & responded. With no details of what
    > those finances are, I answered a simple question with a simple reply. If
    > you don't want to stoop to the level of us common folk, just skip the
    > post.



    Noted, When I start keeping my money in my matress and hold my pants up with
    a piece of rope I will return to the common folks' postings.




    >
    >
     
    Allan Martin, Feb 18, 2008
    #6
  7. Chris

    HeyBub Guest

    Allan Martin wrote:
    >>
    >> I've been using it for mine - just start with no COA or use the
    >> generic one & customize. It's probably overkill for someone ONLY
    >> doing personal finances, but if you've got the program anyway
    >> there's no reason to use something else.

    >
    >
    > Great, now share with use how to click on a button in QB and have it
    > update the market value of all my investments? Also how can I have it
    > generate a report showing all my short term and long term realized
    > gains for the year? How can I get QB to put certain securities on a
    > watch list? How can I get it to track the basis of my investments.
    > How about stock splits?


    Put your money in Series E Savings Bonds. Problem solved.
     
    HeyBub, Feb 18, 2008
    #7
  8. Chris

    Allan Martin Guest

    "HeyBub" <> wrote in message
    news:...
    > Allan Martin wrote:
    >>>
    >>> I've been using it for mine - just start with no COA or use the
    >>> generic one & customize. It's probably overkill for someone ONLY
    >>> doing personal finances, but if you've got the program anyway
    >>> there's no reason to use something else.

    >>
    >>
    >> Great, now share with use how to click on a button in QB and have it
    >> update the market value of all my investments? Also how can I have it
    >> generate a report showing all my short term and long term realized
    >> gains for the year? How can I get QB to put certain securities on a
    >> watch list? How can I get it to track the basis of my investments.
    >> How about stock splits?

    >
    > Put your money in Series E Savings Bonds. Problem solved.



    I'm way too aggresive for Savings Bonds.


    >
    >
     
    Allan Martin, Feb 18, 2008
    #8
  9. Chris

    Guest

    On Feb 18, 2:57 pm, "Allan Martin" <> wrote:
    > "HeyBub" <> wrote in message
    >
    > news:...
    >
    >
    >
    > > Allan Martin wrote:

    >
    > >>> I've been using it for mine - just start with no COA or use the
    > >>> generic one & customize. It's probably overkill for someone ONLY
    > >>> doing personal finances, but if you've got the program anyway
    > >>> there's no reason to use something else.

    >
    > >> Great, now share with use how to click on a button in QB and have it
    > >> update the market value of all my investments? Also how can I have it
    > >> generate a report showing all my short term and long term realized
    > >> gains for the year? How can I get QB to put certain securities on a
    > >> watch list? How can I get it to track the basis of my investments.
    > >> How about stock splits?

    >
    > > Put your money in Series E Savings Bonds. Problem solved.

    >
    > I'm way too aggresive for Savings Bonds.
    >
    >


    Allan, why are you on this post at all?
     
    , Feb 21, 2008
    #9
  10. Chris

    HeyBub Guest

    wrote:
    >>> Put your money in Series E Savings Bonds. Problem solved.

    >>
    >> I'm way too aggresive for Savings Bonds.
    >>
    >>

    >
    > Allan, why are you on this post at all?


    Everybody's got to be somewhere.
     
    HeyBub, Feb 22, 2008
    #10
  11. Chris

    Chris Guest

    "Allan Martin" <> wrote in message
    news:47b9f12c$0$15166$...
    >
    > "HeyBub" <> wrote in message
    > news:...
    >> Allan Martin wrote:
    >>>>
    >>>> I've been using it for mine - just start with no COA or use the
    >>>> generic one & customize. It's probably overkill for someone ONLY
    >>>> doing personal finances, but if you've got the program anyway
    >>>> there's no reason to use something else.
    >>>
    >>>
    >>> Great, now share with use how to click on a button in QB and have it
    >>> update the market value of all my investments? Also how can I have it
    >>> generate a report showing all my short term and long term realized
    >>> gains for the year? How can I get QB to put certain securities on a
    >>> watch list? How can I get it to track the basis of my investments.
    >>> How about stock splits?

    >>
    >> Put your money in Series E Savings Bonds. Problem solved.

    >
    >
    > I'm way too aggresive for Savings Bonds.
    >


    Definitely way too aggressive ;-)

    Thanks



    --
     
    Chris, Mar 4, 2008
    #11
  12. Chris

    Chris Guest

    "Scott" <> wrote in message
    news:p...
    > "Chris" <> wrote in message
    > news:47b7631c$0$3193$...
    >> Is anyone using Quickbooks for personal finances, or is it an overkill?
    >> Using quickbooks and I don't mind paying for Quicken, as well, but I'much
    >> rather have to deal with the interface of a single product - if possible.
    >> There is no "persona finance" template of accounts (when you start a new
    >> company in QuickBooks), that's why I am wondering if it's not meant to
    >> handle that.
    >>
    >> TIA,Chris.
    >>
    >>
    >> --

    >>

    >
    > I've been using it for mine - just start with no COA or use the generic
    > one & customize. It's probably overkill for someone ONLY doing personal
    > finances, but if you've got the program anyway there's no reason to use
    > something else.
    >


    Thanks,
    Chris



    --
     
    Chris, Mar 4, 2008
    #12
  13. Chris

    Chris Guest

    "Allan Martin" <> wrote in message
    news:47b9b3f0$0$14662$...
    >
    > "Scott" <> wrote in message
    > news:p...
    >> "Chris" <> wrote in message
    >> news:47b7631c$0$3193$...
    >>> Is anyone using Quickbooks for personal finances, or is it an overkill?
    >>> Using quickbooks and I don't mind paying for Quicken, as well, but
    >>> I'much rather have to deal with the interface of a single product - if
    >>> possible. There is no "persona finance" template of accounts (when you
    >>> start a new company in QuickBooks), that's why I am wondering if it's
    >>> not meant to handle that.
    >>>
    >>> TIA,Chris.
    >>>
    >>>
    >>> --
    >
    >>>

    >>
    >> I've been using it for mine - just start with no COA or use the generic
    >> one & customize. It's probably overkill for someone ONLY doing personal
    >> finances, but if you've got the program anyway there's no reason to use
    >> something else.

    >
    >
    > Great, now share with use how to click on a button in QB and have it
    > update the market value of all my investments? Also how can I have it
    > generate a report showing all my short term and long term realized gains
    > for the year? How can I get QB to put certain securities on a watch list?
    > How can I get it to track the basis of my investments. How about stock
    > splits?


    If I were fortunate enough to have your problem(s), I'd hire a professional
    to take care of all that $$ for me <smile>. Unless you are splitting penny
    stocks ;-)



    --
     
    Chris, Mar 4, 2008
    #13
  14. Chris

    Zeb Guest

    Zeb, Mar 5, 2013
    #14
  15. Chris

    Guest

    I actually laughed out loud and spit Chinese takout on my laptop screen reading this thread.

    As a common folk (read: using a rope to hold my trousers up, too poor for a new-fangled mattress) running a small business I am seeking a creative way to make my personal finances a new "company."

    It's worth giving a shot as I know the software very well and want to be able to move funds between the two as I loan my business money and pay myself. I hope it works well.

    So yes, an entertaining thread. Thanks everyone for working together, scaring off the troll and using humour to do so.
     
    , Feb 23, 2014
    #15
  16. Chris

    j.harris

    Joined:
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    Messages:
    10
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    Location:
    Manchester
    To be honest I think it is a bit heavy for personal finances. If you want to use it, that's great, but it does add a lot of unnecessary admin to your week in my opinion.
     
    j.harris, Apr 3, 2014
    #16
  17. Chris

    j.harris

    Joined:
    Jun 14, 2013
    Messages:
    10
    Likes Received:
    2
    Location:
    Manchester
    As far as the guest post above, I'd be very careful trying to pull that one off. The taxman isn't that daft.
     
    j.harris, Apr 3, 2014
    #17
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