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For our business, I developed custom excel sheets. However, I have advanced excel knowledge and I know how to develop Macros and I know the basic principles of accounting.
I would strongly suggest that you pay the $200.00 to get Quickbooks. It is well worth it and you can put it as a business expense when you file for taxes.
You can also get a free version of quickbooks from their main website, and this may be more than enough of what you are looking for.
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