Is it possible to track investments with QuickBooks?
I have used Quicken for years, but would like to use some of the billing and time tracking capabilities of Quikbooks. If I move from quicken, I would like to move everything, including my stocks.
Thanks for your help.
jdt
It is "possible" but not recommended.
Quicken is a kick ass program for keeping track of investments, Quickbooks sucks big time at it. The is no law that says you can't use both programs. I do, and recommend to all my clients to do the same.
To clarify further: Quicken is personal finance software. The Intuit website gives this description "Track spending, pay bills, forecast cash flow, optimize your investments, so you can plan for your future." QuickBooks is small business financial software, designed for "paying bills, invoicing customers, tracking sales tax, filling out purchase orders and much, much more." QuickBooks is a double-entry accounting system for business bookkeeping.
As Allan has stated, many folks (including myself) use BOTH programs. I use Quicken to keep track of my personal funds, and QuickBooks for my business accounting.
If you prefer only one interface, I would keep Quicken - be sure to upgrade to the Home and Business version. There*are* time tracking add-ons available. You would have to Google for them or perhaps query the quicken newsgroup for suggestions.
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