Accounting Solved for S-corp Business
April 26, 2020

Accounting Solved for S-corp Business

Jonathan Palance | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with QuickBooks Self-Employed

I use QuickBooks Self-Employed to log expenses and keep track of invoices. This has helped me drastically reduce time spent during tax season. Also, the invoicing feature is fantastic.
  • Logging of expenses
  • Tracking mileage
  • Invoicing clients
  • Providing detailed tax info for you or your accountant.
  • Invoicing customization
  • Client organization
  • Less tax time spent
  • Better organization of profit/loss.
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.
This is very well-suited for individuals and organizations who want to clean up their tax preparation. It also helps to keep track of profits and losses, giving you a real-time idea of where your business is headed. This particular version that I'm using wouldn't be well suited for large organizations who would need more control split among team members.

QuickBooks Self-Employed Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
9
Expense management
9
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
9
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
9
Standard reports
8
Custom reports
8
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated