preferred accounting software

[BrightBuz]

Anybody who can offer me advice, I would certainly appreciate it. We are thinking of opening up a business in DR, import/export and retail type. Someone told us that government is not favorable (for tax purposes) in using Quickbooks as accounting software and we should not use it. Please advise if this is so and why and what options do we have. Thanks

[Robert]

We use Quickbooks here at DR1, no problems.

I suggest you contact a competent accounting firm and get some "real" advice.

[sheller]

I run a free zone company and we utilize Quickbooks.

[Squat]

Free Accounting Software | GnuCash

GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.

Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.


Feature Highlights

* QIF/OFX/HBCI Import, Transaction Matching
* Reports, Graphs
* Scheduled Transactions
* Financial Calculations

* Double-Entry Accounting
* Stock/Bond/Mutual Fund Accounts
* Small-Business Accounting
* Customers, Vendors, Jobs,
Invoices, A/P, A/R

[slas7713]

We also us quickbooks for a small hotel.

DL

[BrightBuz]

Thank you. We certainly want to use Quickbooks because we have been using it for many years and very familiar with it, used it in US and other Caribbean country. That's why we got concerned when somebody told us we can't use the same program in DR.

[Robert]

Originally Posted by BrightBuz

Thank you. We certainly want to use Quickbooks because we have been using it for many years and very familiar with it, used it in US and other Caribbean country. That's why we got concerned when somebody told us we can't use the same program in DR.

The tax dept obviously only works in Spanish, so whoever you use to prepare your accounts, statements, will need to do that in Spanish.

Quickbooks you can customize the invoice templates so they show Spanish text etc.

[BrightBuz]

Thank you all. Can anyone suggest or recommend an accounting firm that is familiar with Quickbooks to help me set up my system, register tax ID, etc...

[Robert]

At DR1 we use Mejia Lora and Asoc. One of the best here and they know their stuff.

Dominican Republic, Accountants, audits, taxes

Call and ask for Raymi. He speaks fluent English.