Overview
The Accounting Software for SoleTraders and Small Business Start-ups
Quick books for the Self Employed is a life saver!
Accounting Solved for S-corp Business
Monitor Cash Flow with QuickBooks Self-Employed
Simple Accounting Solution for my Business
Honesty QB
Great for solo practitioner - Simple to use
QuickBooks - Quick to book your next vacation!
QuickBooks Self-Employed is a Must Have for Small Businesses
It's okay, but plan to spend some time categorizing your entries.
QuickBooks Self-Employed Lets Me Focus on Creation, Not Bookkeeping
Easy to use small business friendly software
QuickBooks Delivers Best in Class Service and Use Experience
If you're a freelancer or Solopreneur Quickbooks for Self-Employed is a must.
Popular Features
- Electronic tax filing (13)10.0100%
- Standard reports (14)10.0100%
- Dashboards (12)10.0100%
- Expense management (14)10.0100%
Reviewer Pros & Cons
Pricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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6 people also want pricing
Alternatives Pricing
What is Xero?
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features…
What is FreshBooks?
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
Product Demos
QuickBooks Self-Employed | Is it right for you?
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 10Pay calculation(2) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 5Benefit plan administration(2) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 8Direct deposit files(3) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 8Salary revision and increment management(2) Ratings
Salary revision is the ability to modify individual employee pay.
- 8Reimbursement management(3) Ratings
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 10API for custom integration(4) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 10Plug-ins(4) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 10Single sign-on capability(8) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 10Role-based user permissions(5) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 10Dashboards(12) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 10Standard reports(14) Ratings
The software offers pre-built reports with metrics standard to the category.
- 10Custom reports(8) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 10Accounts payable(9) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 10Accounts receivable(10) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 10Cash management(9) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 10Bank reconciliation(10) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 10Expense management(14) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 10Time tracking(7) Ratings
The software can track billable and non-billable employee time by project.
- 10Fixed asset management(4) Ratings
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
- 10Multi-currency support(2) Ratings
The software supports transactions across multiple currencies.
- 10Multi-division support(2) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 10Regulations compliance(3) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 10Electronic tax filing(13) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 10Self-service portal(8) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 10Global Financial Support(2) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 10Primary and Secondary Ledgers(2) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 10Intercompany Accounting(3) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 10Localizations(3) Ratings
Meet reporting requirements with country-specific localizations
- 10Journals and Reconciliations(6) Ratings
Automate and synchronize ledgers and processes
- 10Enterprise Accounting(2) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 10Configurable Accounting(4) Ratings
Configure accounting rules and segments for each chart of accounts
- 10Centralized Rules Framework(3) Ratings
Integrate disparate ERP and transactional systems into single ERP instance
- 10Standardized Processes(5) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 10Inventory tracking(3) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 10Automatic reordering(3) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 10Location management(3) Ratings
The software can track multiple goods across multiple locations.
- 10Manufacturing module(2) Ratings
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Order Management
The ability to process orders, and track them from quote to cash.
- 10Pricing(4) Ratings
Users can set up complex and unique pricing requirements.
- 10Order entry(4) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 10Credit card processing(5) Ratings
The software facilitates credit card processing.
- 10Cost of goods sold(3) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 10Order Orchestration(2) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
- 10End-to-end order visibility(3) Ratings
Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics
- 10Order exception Resolution(2) Ratings
Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules
Product Details
- About
- Tech Details
What is QuickBooks Self-Employed?
QuickBooks Self-Employed Video
QuickBooks Self-Employed Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | No |
Comparisons
Compare with
Reviews and Ratings
(51)Attribute Ratings
Reviews
(1-2 of 2)- Create, send invoices and track online payments made from to clients on the go.
- Connect with your [online] business bank accounts so that it records all [transactions] and expenses making it easy to access accurate and current business data.
- Access information for Self-assessment purposes - making it easy and faster to submit your taxes.
- [For] those that drive as part of their business, Quickbook allows you to also [record] mileage and snapshot real receipts to save for your records.
- Reconnecting business account - I find it annoying as I find that I have to constantly reconnect QuickBooks with my business account to ensure it keeps my business data correct and update.
- The invoice design has its limitations - you can not create invoices on brand due to the basic areas of design.
- It's not a scaleable accounting software as it's geared towards small businesses, so at some point, a successful business that is growing will need to find alternative accounting software that meets their medium to large business accounting needs.
For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
- Accounts payable
- 90%9.0
- Accounts receivable
- 80%8.0
- Cash management
- N/AN/A
- Bank reconciliation
- 80%8.0
- Expense management
- 70%7.0
- Time tracking
- 70%7.0
- Regulations compliance
- 90%9.0
- Electronic tax filing
- 100%10.0
- Intercompany Accounting
- 90%9.0
- Journals and Reconciliations
- 80%8.0
- Configurable Accounting
- 80%8.0
- Centralized Rules Framework
- 80%8.0
- Standardized Processes
- 80%8.0
- Inventory tracking
- N/AN/A
- Automatic reordering
- N/AN/A
- Location management
- N/AN/A
- Manufacturing module
- N/AN/A
- Pricing
- 70%7.0
- Order entry
- 80%8.0
- Credit card processing
- 80%8.0
- End-to-end order visibility
- 70%7.0
- Direct deposit files
- 80%8.0
- Reimbursement management
- 80%8.0
- Dashboards
- 70%7.0
- Standard reports
- 70%7.0
- Custom reports
- 50%5.0
- API for custom integration
- 70%7.0
- Plug-ins
- 70%7.0
- Role-based user permissions
- 60%6.0
- Single sign-on capability
- 80%8.0
- Save on time - QuickBooks, once all up and running and integrated with your business account, is it much easier to access the information required to submit Self-assessment taxes
- No Accountant required - with its ease of use and management, there is no need to pay for an accountant as you can manage it yourself.
- Affordable - the monthly cost and initial QuickBooks offer for new users make it cost-effective and long-term, will not break the bank.
- Keeps track of my mileage
- Categorizes my expenses
- Let's me choice if a transaction was a personal or business transaction
- Syncing the data in real time
- Accounts payable
- 90%9.0
- Accounts receivable
- 90%9.0
- Cash management
- 90%9.0
- Bank reconciliation
- 90%9.0
- Expense management
- 90%9.0
- Time tracking
- 90%9.0
- Fixed asset management
- N/AN/A
- Multi-division support
- N/AN/A
- Regulations compliance
- N/AN/A
- Electronic tax filing
- 100%10.0
- Self-service portal
- 70%7.0
- Intercompany Accounting
- N/AN/A
- Localizations
- 100%10.0
- Journals and Reconciliations
- 100%10.0
- Enterprise Accounting
- N/AN/A
- Configurable Accounting
- 100%10.0
- Centralized Rules Framework
- N/AN/A
- Standardized Processes
- 100%10.0
- Inventory tracking
- N/AN/A
- Automatic reordering
- N/AN/A
- Location management
- N/AN/A
- Manufacturing module
- N/AN/A
- Pricing
- N/AN/A
- Order entry
- N/AN/A
- Credit card processing
- N/AN/A
- Cost of goods sold
- N/AN/A
- Order Orchestration
- N/AN/A
- End-to-end order visibility
- N/AN/A
- Order exception Resolution
- N/AN/A
- Pay calculation
- N/AN/A
- Benefit plan administration
- N/AN/A
- Direct deposit files
- N/AN/A
- Salary revision and increment management
- N/AN/A
- Reimbursement management
- N/AN/A
- Dashboards
- 100%10.0
- Standard reports
- 100%10.0
- Custom reports
- N/AN/A
- API for custom integration
- 100%10.0
- Plug-ins
- N/AN/A
- Role-based user permissions
- 100%10.0
- Single sign-on capability
- 100%10.0
- Return on Investment positively
- Tax Audits - This saved my life!
- Mileage records