Let's Talk Business

Yes? asked:


As my dad’s not overly astute in the financial management side of things, I agreed that I would help him out in that respect. I’m a year 11 Accounting student so we’ve covered most of small business bookkeeping. I’m just wondering which accounting method would be most appropriate (and which software).

The business I only likely (at present) to consist wholly of himself (service business). I would probably be listed as an employee in these circumstances though.

Artsy Lady asked:


Quickbooks will NOT work. This is an interior design business, and we have to keep track of inventory, furniture and other things, that are mostly rented out, but sometimes sold. Does anyone know of an inexpensive software that will do this?
Gee Guys, thanks for the hint on Tally. However I’m in the USA. I don’t think I can get it here. I need one I can get and use in America.