QuickBooks is a solid, time-tested choice of accounting software, but it's not equally well-suited for every individual contractor's business needs.įurthermore, while QuickBooks Self Employed is primarily a bookkeeping/accounting software: it does not offer the same array of freelancer-centric "customer relationship management" (CRM) tools and templates, project management capabilities, or time-tracking aides offered by other software on the market - ones specifically designed to let freelancers get all their accounting and administrative tasks handled in a single space. QuickBooks Self Employed Has Its Limitations Now, whether it's QuickBooks, Bonsai, or any other competitors offering analogous digital online tools for accounting for freelancers is up to you to decide, depending on your unique entrepreneurial needs. Well, as a busy freelancer, you certainly need the help of some accounting software! Different online tools cater to different business demographics and, hence, prioritize different features, interfaces, scalability, integrations, and price points, depending on the size, nature, and industry of the businesses targeted by each service.ĭo I Need QuickBooks Self-Employed As A Freelancer? In the modern world, however, the range of accounting software consumers is so great that one bookkeeping tool, however solid, cannot serve the needs and interests of every single customer. Its popularity makes sense, as the software has been around in some form since 1983 (developed by Intuit financial software company in California). There's no denying it: QuickBooks is one of the "granddaddies" of accounting/bookkeeping software in the industry, with four million accounts around the globe. The QuickBooks Online Service Is Good - But So Are Its Competitors Our software typically saves users $5,600 from their tax bill by automatically recording and tracking their tax deductions. Note : If you want to try the top rated alternative to QuickBooks self-employed, try Bonsai Tax. If you're considering alternatives to your "QuickBooks Self-Employed" subscription, read on to see how other top brands - Bonsai, FreshBooks, Xero, Expensify, Zoho Books, Sage, Wave, and ZipBooks - stack up against the competition. Some end up loving it and sticking with it, while others realize that the features they have with QuickBooks are either too inflexible or simply not the right fit for their particular needs and start looking for something "similar but different". The QuickBooks software is one of the oldest, best-known brands of its kind, which is how it becomes many freelancers' first online accounting system. Many independent contractors, freelancers, and other self-employed workers are waking up to the fact that, in order to run their operations smoothly and to their greatest financial potential, they need to employ the help of a bookkeeping and accounting software that will simplify, organize, and streamline those tasks.
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