Just found a side by side comparison of QB on line vs QB Self Employed. QB Self Employed is only about $10 a month. Looks like it would work for me. Anybody use it?
QuickBooks Online vs.
QuickBooks Self- Employed
Who is it for?
QB For small businesses
SE. For freelancers, solopreneurs, and independent contractors
Does it track business and personal accounts?
QB - Best for tracking business bank and business credit card expenses from business accounts (not personal accounts)
SE Can track business bank and business credit card expenses from personal and business accounts
How are transactions categorized?
QB Uses a customizable chart of accounts (accounting categories)
SE Uses Schedule C (tax return) categories that are not customizable
Does it estimate quarterly income taxes?
No
Yes
Does it export directly to Turbotax?
No
Yes - when you purchase the TurboTax bundle
Does it track business miles driven?
No
Yes - automatic tracking using the mobile app
Does it have a smart phone app?
Yes
Yes
Does it integrate with other apps?
Yes
No
Does it connect to your bank and credit card accounts?
Yes
Yes
Can you prepare and email customer invoices?
Yes
Yes
Can you print checks?
Yes
No
Can you prepare payroll?
Yes (optional service)
No
Can you accept online and mobile payments?
Yes
Yes
Can you track how much customers owe (Accounts Receivable)?
Yes
Yes, but with limited functionality
Can you track how much you owe vendors (Accounts Payable)?
Yes
No
Can you run financial reports?
Yes, 65+ reports
Yes Includes basic reports – including a Profit & Loss report
Can you track billable time?
Yes
No
Can you track billable expenses?
Yes
Yes, but with limited functionality
Can you attach pictures of receipts to transactions?
Yes, with phone app
Yes, with phone app
Does it calculate home office deduction?
QB No
SE Yes