I am finishing up on my first book and I will be self-publishing at first as oppose to going the traditional route with a mainstream publisher. Which means I will be responsible, for the first batch of 500 books, for sending my manuscript in for printing at a printer, storing the finished books at my place and eventually selling them out of the house.
All purchases will be either in person or via web site. Users online will pay for the book by pressing a button on a webpage which leads to a business-class PayPal account that accepts credit cards. From PayPal, I will download the customer/payment data in a excel format to my financial software package and process the transaction on my PC.
I also have a regular full time job as well. Right now I'm doing the writer gig on the side.
Questions: 1. Which would suit my needs, Quicken for home and business 2004/2005 or Quickbooks 2004/2005?
2. As far as I know I only need a few accounts setup to track my expenses such as; stamps, envelopes, paper, pay someone to host my website (much later down the road once my book is printed)etc. I don't expect to rack up large expenses. What are the basic accounts I need setup for starters?
thanks in advance for any help.
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