What is an effective system for managing accounts payable and receivable and a monthly operating budget?

Answer 1

For a small business, quickbooks is the way to go. I know some folks that just use quicken even.

It is a basic accounting package - meaning no double entry.

But for a lot of folks this works just fine, and your CPA will be very familiar with the program, which should save you money at year end and with tax prep.

Answer 2

QuickBooks is always a good choice for small businesses or freelancers. It is very easy to learn and use.