Today I want to tell you about an amazing company I use for managing and tracking my business finances. In Step 6 of my 12 steps to earning money through your blog I advised that you ‘Decide on a system for tracking income‘ and briefly told you about the company I use.
Whether you earn money through a blog, taking surveys or another small business venture, you’ll need a reliable resource for managing your income and expenses. With all the responsibilities that come with being blogpreneurs, who has time to waste on complicated accounting solutions, or are trying to manage their finances with spreadsheets?
This is one of the major reason why I recommend using Outright. I have been using Outright since January 2010 and have experienced no down time. It’s also by far the easiest money management software that I’ve found.
Some of you may have tried tracking your expenses via pen and paper, excel, down loadable spread sheets but have not found a solution that has been easy to understand, yet also able to meet your total accounting needs.
I had the same problem until I began using Outright.com to track my income.
Here are just some of the benefits of using Outright:
- Ouright is designed to help you to enter your income and expenses quickly and even auto-populates payor and affiliate information to save time on retyping previous information.
- It allows you to print and create monthly pie charts and graphs based on profits, expenses, estimated taxes and more as well as categorized transactions for easy to understand financial charts and reports.
- The biggest feature for me is the organized income and expenses documents for tax time and the month by month estimation of taxes due. This feature streamlines tax filing by providing a printable Schedule C (Form 1099).
Outright is so user friendly and I highly recommend them for anyone. Outright.com is FREE for the first 30 days and then just $9.95 a month there after. There is no credit card information required and no strings attached. Outright is budget friendly and great for bloggers and small business owners. To see it in action, check out the video below.
Thanks so much for all the info on Outright! I’m signed up, but haven’t used it much.
I need to though. The thought of trying to figure out this tax stuff myself really freaks me out!
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I really want to try this out! I LOVE how organized you are! I could not imagine how busy you are with everything you do, and I am sure this helps out tremendously!
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The Proverbs Wife Reply:
July 13th, 2011 at
@Couponin’ On Coffee,
You should try it and let me know how you like it. I am very busy and used to spend too much time managing my finances. Now it so easy to enter the amounts as the checks come in. My favorite part is the estimated taxes and printable tax form. Give it a try, you’ll love it.
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I think you did an excellent job writing this article. I know running my site is a lot of hard working and spending the time to track everything is just as hard. I look forward to trying it out for myself.
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The Proverbs Wife Reply:
July 13th, 2011 at
@Madame Deals,
Thanks Amee. I hope you find it to be as much as a time saver as I do. I don’t even stress about the accounting anymore and the workload is so much lighter using the system. Let me know what you think once you try it.
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I love, love Outright. Being frugal, of course, I started using them because they were free however, now I find myself needing them as they make it so easy to track my income.
Thank you for this thorough review.
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The Proverbs Wife Reply:
July 13th, 2011 at
@Yoly from Cuponeando,
Same here Yoly..being frugal…I tried it and dependent on them too. I have yet to find another system that’s so user friendly and useful. Thanks for your feedback and comment.
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