There are deep deep thoughts–the ones that either 1) you try not to think too hard about or 2) wake you up in the middle of the night or 3) make great conversation starters (and stoppers!) at art openings.
And then there are practical deep thoughts–the ones you NEED to know the answer to. This is our focus today.
Let’s say you’re making a decent amount of sales of whatever (your art, reproductions, related products, teaching, etc.)
In order to keep the best records for tax purposes . . .
Do you need BOTH an Inventory System AND financial software like QuickBooks?
I think you do.
I know QuickBooks has an inventory feature, but I think it would be difficult to match the capabilities of software made just for artists’ unique needs.
And I know some of the artist software has limited financial capabilities, but I can’t begin to imagine that any of them could match QuickBooks in recordkeeping and reporting power.
Can you prove me wrong?