Book Keeping Software for Teams

I am looking for suggestions and opinions on good book keeping software that fits my situation. I am an o/o with Landstar and run as a team with a friend of mine (who was also an o/o prior to our decision to team). We divide our settlement up 50/50 after truck specific expenses (fuel is all done through Comdata which is all recorded on the settlement). Any personal expenses we keep separate and apply them to our individual tax returns.

As you can imagine this is difficult to track manually and I can already see where some things could fall through the cracks. I could write a spreadsheet to handle everything, but I can see that it will be quite complex and there is the possibility that I may overlook something and end up rewriting it later. Has anyone been using any of the commercial programs in a similar situation as I am in? I know Quickbooks etc work great for individuals but I don't know how it would work for a team.

Perhaps there is another solution for teams that I am unaware of as I am new to this part of the biz. Any suggestions are appreciated.

 

Hi Data man,

Sorry for the delay, I've been on the road this week and just never had time to check the forums. Thanks for the reply. You are right, ultimately creating my own spreadsheet will be the best solution given the flexibility of it. I appreciate your help!