A now discontinued accounting solution, QuickBooks Self-Employed featured tools to help the self-employed drive growth and financial stability. It is replaced by the more advanced QuickBooks Solopreneur.
FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, …
Honestly, this was the only option for me when I launched my business. I didn't even look at different companies for account services, since QuickBooks Self-Employed had the features and benefits that I needed to run daily operations of my business. Eventually, I will need to …
To be honest, I haven't shopped around for a bookkeeping package. I've been using TurboTax for well over a decade, and adding on QuickBooks Self-Employed (once I made the switch to freelancing) was a no-brainer. I probably could have used the program to help me keep track of …
President/Client Strategy Partner, Business Development/Government Relations Services
Chose QuickBooks Self-Employed (discontinued)
I selected QBSE because no other system fit my needs as a freelancer and as of now, I've not become aware of a program like this that I would opt out for.
Features
QuickBooks Self-Employed (discontinued)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Self-Employed (discontinued)
7.8
3 Ratings
3% above category average
Pay calculation
10.02 Ratings
Benefit plan administration
5.02 Ratings
Direct deposit files
8.03 Ratings
Salary revision and increment management
8.02 Ratings
Reimbursement management
8.03 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Self-Employed (discontinued)
10.0
5 Ratings
26% above category average
API for custom integration
10.04 Ratings
Plug-ins
10.04 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Self-Employed (discontinued)
10.0
8 Ratings
20% above category average
Single sign-on capability
10.08 Ratings
Role-based user permissions
10.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Self-Employed (discontinued)
10.0
14 Ratings
24% above category average
Dashboards
10.012 Ratings
Standard reports
10.014 Ratings
Custom reports
10.08 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Self-Employed (discontinued)
10.0
15 Ratings
27% above category average
Accounts payable
10.09 Ratings
Accounts receivable
10.010 Ratings
Cash management
10.09 Ratings
Bank reconciliation
10.010 Ratings
Expense management
10.014 Ratings
Time tracking
10.07 Ratings
Fixed asset management
10.04 Ratings
Multi-currency support
10.02 Ratings
Multi-division support
10.02 Ratings
Regulations compliance
10.03 Ratings
Electronic tax filing
10.013 Ratings
Self-service portal
10.08 Ratings
Global Financial Support
10.02 Ratings
Primary and Secondary Ledgers
10.02 Ratings
Intercompany Accounting
10.03 Ratings
Localizations
10.03 Ratings
Journals and Reconciliations
10.06 Ratings
Enterprise Accounting
10.02 Ratings
Configurable Accounting
10.04 Ratings
Centralized Rules Framework
10.03 Ratings
Standardized Processes
10.05 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Self-Employed (discontinued)
10.0
3 Ratings
28% above category average
Inventory tracking
10.03 Ratings
Automatic reordering
10.03 Ratings
Location management
10.03 Ratings
Manufacturing module
10.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. 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.
QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.