“I sold my RV and I need a program to record payments with interest. She doesn't pay the same amount regularly. I setup spreadsheet in excel but doesn't work well with her payments. Should I buy Quicken or Quickbooks? Will this program work for me?”
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QB doesn't handle interest calculations (AFAIK), you need to have that figured out ahead of time. Its a full featured accounting package generally for businesses. If your only activity is a loan you gave to a person who bought an asset from you, I'd think Quicken could handle that. Also that's the sort of thing I have setup in Excel, but it is tricky to make the interest calculations accurate. Typically people using QB have a bank statement with interest and principal payments listed for input, or link to a loan account automatically. FYI I am accountant/bookkeeper for multiple businesses and have done my own personal loans on excel.
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