CJ>Hello All!
CJ>I am an amatuer at doing books for small business.  I have a home 
CJ>business and
CJ>would like to set up its books on Quicken.  My personal account is
CJ>still  providing funds to the Home business.  Has anyone got any
CJ>advice on how  to go 
CJ>about setting this up?  
Hi Carol,
I think it depends if your home business is incorporated or not. I 
assume it is not, and in that case you would need accounting to the 
point that you could could properly fill out Sch C on 1040.
In that case, you could run personal and business in the same database, 
just have business expenses easily identifiable. For example, you could 
an expense category called "Business" with subcategories like 
"supplies", "office expenses", "wages", etc. Use these totals to fill 
out 1040. As to a loan from personal to business, the easiest way to 
this is just transfer the money. Your "net" will be your gross minus 
expenses, and personal loans would not enter into it.
Good luck!
Larry
Internet: sfmia@scfn.thpl.lib.fl.us
  CMPQwk 1.42 964  Genius is perseverence in disguise.
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