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I ran a little one man band shop in the UK for a few years, my accountant provided me my own FreeAgent (https://www.freeagent.com/us/) account, which I really loved. I'd track my time, attach it to a contact, create an invoice for said time at x rate, download it, send it to them, and when the $/£ was received, I'd mark it to that invoice. I'd have automatic bank feed, so I'd have my business bank transactions imported daily, I could then attach a payment to said invoice, and any difference in money (invoiced $500, received $475 - transfer fee, currency conversion, etc), FreeAgent would automatically select the correct reason for the discrepancy. Everything was categorised, my accountant could pull reports/taxes from FreeAgent. This was a few years ago, I only imagine it's gotten better since. I've recommended it to people in the US, and I think it integrated well with the US way of doing things (taxes, forms, etc). |