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  1. #1
    auminer's Avatar
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    I'm using excel. As I bring in money from scrap, I'm trying to keep my net as close to $0 as possible by plowing the $$ back in. Tools, gas, biz cards, magnetic truck stickers, those inventory storage carts, auction bids, etc, etc.

    Since I went to the yard again today & got $123.05, my next purchase will be this week: A new corded sawzall with blades.

    At some point I'll have everything a scrapper could possibly need (except more time!) and then I'll start rendering unto Caesar.

    Out of clutter, find simplicity. --Albert Einstein

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  3. #2
    GeorgeB's Avatar
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    I use Quicken Home and Business 2010 and learning how to use it right now. might try quick books as well.

    used to have a cpa do it all but got tired of paying an agency so much money
    George Beale - Founder & President - info@viprecyclingjunkremoval.com
    VIP Recycling Junk Removal LLC - Premier Scrap Metal, Junk, & Electronic Recyclers!
    http://www.viprecyclingjunkremoval.com

  4. #3
    mikeinreco's Avatar
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    I keep all my money in a saftey deposit box.......If there is more in the box than last month I made a profit....LOL

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  6. #4
    BroJer's Avatar
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    Quote Originally Posted by mikeinreco View Post
    I keep all my money in a saftey deposit box.......If there is more in the box than last month I made a profit....LOL
    I am impressed!
    and
    Not all of my mason jars...have canned greens. jus sayin

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    GeorgeB's Avatar
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    Perhaps someone can answer this question.

    I am trying out both Quickbooks and Quicken. Trying to see which one will be easier and quicker to utilize.

    In quicken, I added a customer payment, but instead of showing green/black it is showing in red with a negative sign. But if I click on cash account that I deposited the money into, it shows a positive balance.

    Is there a reason why in one area it is negative, and the next, it is positive? Right now, It is a bit confusing.

  8. #6
    afmedic279 started this thread.
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    Thanks was looking at quicken or some sort of program along those lines. Just wanted to see how many people track it and what they were using.

  9. #7
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    I use excel, as well as, Quickbooks. Our business also has an accountant who helps us file our taxes and keep track of profit vs. taxes we need to pay.

  10. #8
    travistemple202020's Avatar
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    old school paper pen and receipts lol

  11. #9
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    profits ? PROfits? PROFITS ? IDON'T GET NO STINKIN PROFITS!!
    "anyone who thinks scrappin is easy money ain't doin it right!"

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  13. #10
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    I'm still in the pencil, paper and coffee cans mode.

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  15. #11
    cummins is offline Metal Recycling Entrepreneur
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    I would love to see an example of someones excel template....ive recently been trying to remember the excel stuff from high school.

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