QuickBooks Self-Employed Bookkeeping 2023 Products | ChooseWhat.com

Quickbooks 2023

Self-Employed

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Simple Start

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Online Essentials

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Online Plus

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Xero Standard

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Software Type Online Online Online Online Online
Price $15 $7.50/month $30 $9/month $55 $27.50/month $85 $25.50/month $32/month
Best For Independent Contractors Basic Financial Tracking Remote Access without Inventory Remote Access with Inventory Remote Access with Inventory
Number of User Accounts 1 1 3 5 9999
Free Trial
Unlimited Customer Support Free Free Free Free Free
Ease of Use
Managerial Features None Very Basic Beginner Advanced Advanced
Number of Reports 3+ 20+ 40+ 65+ 40+
Online Access
Prints Checks  
Creates Invoices  
Uploads Bank Files
Tracks Inventory      
Helps Create Tax Forms      
Industry-Specific Reports          

Self-Employed Screenshots
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This version is great for:

  • Independent Contractors with no employees
  • QB Self-Employed is ideal for "Shared Economy" jobs like Uber drivers, TaskRabbit taskers, Favor runners, etc
  • This is NOT usable for any business that currently has or will ever have employees

Conclusion:

QuickBooks Self Employed is NOT meant for businesses. Instead this version of QuickBooks is meant for people who generate income working as independent contractors (think Uber drivers, TaskRabbit taskers, Favor runners, etc.). The website and mobile app provide a simple, inexpensive way to track revenue and expenses and plan for income taxes. Use QuickBooks Self Employed to connect your banking and credit card accounts, download your transactions and categorize them as business or personal. The features of this version of QuickBooks are intentionally limited to make it simple to use, but it does include a profit and loss report and estimates your tax liability. The service is also designed to integrate with Turbo Tax Home and Business, which should make tax filing extremely easy.

If you own a business, and you want to use cloud booking software, use one of the QuickBooks Online Products.

Self-Employed Features

Price

$15 $7.50/month

Number of User Accounts

1

Free Trial

30 Days, but

Unlimited Customer Support

Free

Ease of Use

Managerial Features

None

Number of Reports

3

Online Access

Prints Checks

Creates Invoices

Uploads Bank Files

Tracks Inventory

Helps Create Tax Forms

Industry-Specific Reports