However, this version doesn't allow you to enter bills or invoices, produce a balance sheet or statement of cash flows or any report other than a basic income statement and tax information. All of these features are also available using the QuickBooks Self Employed mobile app.Īs long as your only need for the service is to categorize and track transactions from your attached accounts and record miles, QuickBooks Self Employed is extremely useful. The website also has a section for tracking miles driven for work, which can be a very important tax deduction. You also have the ability to manually enter transactions that aren't in your accounts for one reason or another (cash for example). Once the transactions are in QuickBooks, you simply go through each transaction and label it as either personal or business and apply the appropriate category to the business transactions.
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If you need to go back further, you will have to login into those accounts directly, download the transactions into a spreadsheet then upload them into QuickBooks.
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Once you've created an account, you simply connect your banking and credit card accounts using your online banking login information for each of the accounts you want to connect then the QuickBooks automatically imports up to the last 90 days of transactions. QuickBooks Self Employed is INCREDIBLY easy to set up. For these reasons, the service has a 3 out of 5 star ease of use rating. Also, this is an online only product, therefore it can't be viewed or updated without an Internet connection.
![self employed quickbooks self employed quickbooks](https://i.ytimg.com/vi/SuF4k1cUam0/maxresdefault.jpg)
QuickBooks Self Employed is incredibly easy to use, but phone support is completely unavailable, and it doesn't integrate with any other versions of QuickBooks or allow you to import any customer data.