Tips on data input

[Buddha Buck]

On Fri, Dec 7, 2012 at 9:40 AM, Mark Phillips
<mark at phillipsmarketing.biz> wrote:
> The best advice I have for any accounting/book keeping package - spend a
> few minutes each day entering your transactions. I find it easier to spend
> 5 minutes each day entering a couple of transactions than 150 minutes at
> the end of the month. The second option is a lot like a root canal without
> Novocaine...;) It takes some dedication, but well worth the time.

It also means that at any time you can look at your accounting/book
keeping package and know that it is telling you the truth.  If you
need to know "how much can we spend on X" or "Did we pay that bill?"
or "what's the remainder on that loan?" it's much easier to fire up
GnuCash/Quicken/Peachtree/etc and look it up than to dig through your
notes for the month and compute the answer on the fly.

Also, the sooner you enter something, the less likely it is for you to
miss something or lose the paperwork.