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Package for small business accounting and facilitates invoices, accounts payable/receivableĪnd payroll. QuickBooks® is the dominant off-the-shelf Quicken® is an inexpensive, flexible personal finance software tool that offers anĮasy-to-use, affordable starting place for computerized records, with excellent cashįlow features plus investment monitoring. Want to track both family and farm income and expenses and/or have off-farm investments.įor larger producers with multiple employees and/or the need to invoice and trackĪccounts payable/receivable, QuickBooks® is clearly superior.īasic Differences in Quicken ® and QuickBooks ® For manyįarmers, Quicken® is an inexpensive alternative with advantages for producers who Both tools are relatively easy to use and flexible. The features of Quicken® and QuickBooks®Īre highlighted and their advantages and disadvantages in supporting farm managementįunctions are discussed. Packages for use in farm/ranch financial records. This article compares and contrasts the applicability of two popular commercial software Then sort and summarize records in a variety of ways. Recordkeeping software enables users to quickly record, To business partners, lenders and government agencies managing and paying employees Īnd analyzing the business. Income and expenses in a changing economic environment communicating with and reporting 1 Both tools can be used to help support farm management functions, including anticipating

Which is sold for personal finance and QuickBooks® targeted to small business finance. Many producers use commercial software marketed for other uses, primarily, Quicken® They are often relatively expensive or cumbersome to use. While a few commercial products have been developed that are customized for agriculture, Seek inexpensive, easy-to-use tools that accomplish a variety of management tasks. Invaluable insights into business strengths and weaknesses.