Many small business owners combine personal and business transactions within their accounts. These transactions need to be kept separate for tax reporting and to determine if the business is profitable, and Quicken 2008 Home & Business helps you to separate personal and business expenses.
- The Profit and Loss view on the Home page reveals:
- In: Deposits plus expected upcoming income.
- Out: Expenses plus upcoming bills, along with tax deductible totals.
- Profit/Loss: Current month's profit or loss, last month's profit and projected profit.
- Personal, Business, Investment and Property & Debt are shown separately on the Quicken Home & Business Home page.
- Business and personal income and expense categories are clearly separated and are easier to select for categorizing transactions.
The all-important tax tools in Quicken 2008 Home & Business are better than ever with year-to-date tax deductions and expenses flagged as possible deductions. This tax reporting appears on the Home page in Quicken 2008 Home & Business - just click on Resolve Now to review possible deductions and categorize them accordingly.
Quicken 2008 Home & Business retails for $99.99, but you may find better deals online for Quicken Home & Business 2008.
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