I was thinking... Maybe someone has a great way of tracking payments so we could all start of the new year with a great tracking device. I used a desktop calender and when I received an order I would right down the Town, Company assigning it and the Fee. Then I would know at the end of the month how much I should be receiving the i would cross them off as I received the checks. Anybody have a better idea?

I use an Excel spreadsheet. I have a page for each company. I list the date, address and amount. When I receive the check I move the amount due to the paid column and highlight the light in green so I can easily see what is paid and what is due. I also have a total sheet for amount due, recieved, goals and ect.

Most people use something like Quickbooks, but I like my old but easy system.

I use Excel. Someone on this message board has a pretty good set up on how to keep track. Forgot who. I copied his.

That's a little unsophisticated. I've been keeping a spreadsheet with Date, Company, Address, and Fee. But that's only good for telling me how much I did in any given month. This year I want to add columns for order numbers (because some companies don't give you the address on their checks), Date Paid, Amount. And I'm considering having a separate page for each company so I can keep better track of how long it's taking to get paid, and to make sure I (and they) haven't overlooked paying me for anything. If I were savvy with Excel (which I'm not) I think I could link the pages so entering the data on the master spreadsheet would also enter it into the lesser spreadsheets. Or maybe I need to fire up my old Microsoft Money program. I know I need something better this year, because I'm working for so many more companies than last year. Hire a bookkeeper?

RE: because I'm working for so many more companies than last year.

Yeah this seems to be my delema also trying to track 2-3 companies is easy with a pad of paper but with 14-18 companies it is a train wreck I am getting great info so far i hope this helps eveyone.

I use an excel spreadsheet with a formula plugged in that automatically tells me how much I made that month. It has columns for company, date completed and fee and of course I can add columns if I need to. I upload the sheet to google docs so wherever I am I can just log on and add new bpo or payment or whatever I need to add. This little feature is great cause then I don't have to go back to my own computer to update info.

I also use Excel. I have one page with just a running total of the BPOs I do and I total it for each month. I only keep minimal information like date I submitted it, order #, address, company name, fee and the date it gets paid. I have another page with just the ones I haven't been paid for yet so I can quickly see if someone is getting behind on their payments. When I enter the BPOs I did that day one the 1st sheet, I just copy it to the "unpaid" sheet and then when I get paid, I delete them from teh 2nd page.

I use an Excel spreadsheet. Used to do one page by month, but found tracking my payments challenging when I am signed up with over 20 companies. Re-did the spreadsheet with a worksheet for each company and a page that keeps the total for each company by month and YTD. I highlight different colors for what is paid and what isn't.

I also keep a copy on my Centro phone in case I get assignments while running around and need to verify an address before I accept if it seems familiar for one I may have done in the last several months.

I also use excel spreadsheet. It seems to make it alot easier.

I use an old reliable device called a wife. This device knows where every last penny is and if you are owed money it automatically tells you to call for your payment. The only downside is you don't get to handle or see much of the money you make. Also if you try to update her with anewer program she still takes half your money.

I use quickbooks. Tracks my accounts receivable and I am ready to pay Ceasar that which is Ceasar's at the end of the year. I create the invoice at the time I receive the order then reset the date when completed. Allows me to track timeliness of payments which in turn allows me to work on the BPO's of the fastest payors first . . . which by the way is Freddie Mac for me.

I use broken pencils and toilet paper.... Crayons when the pencils aren't sharp.

Clear Capital pays lightning fast. I got my first check from them in about 7 biz days and during the Xmas/New Year holiday

nice post CFL REO.... Why do you bring it up? We are sharing accounting techniques...

CC seems to be self promoting on BPO forums all over the place. Odd since nobody seems to say anything bad about them.