Why I DON'T Recommend QuickBooks Self-Employed [and what I recommend instead]

I am a sale representative for a company, I pay my own expenses out of pockets ie: car repairs, gas etc.. I also have a rental property. I am not interested in starting a business, and of course I don't have a business bank account to keep business and person separate. What would you recommend using to keep my book keeping accurate?

I am a software engineer my TeleStar program completes with Africa Open MRS, Oracles Cerner, and EPIC for hospitals. To that end you can not go at it alone there are tax codes and scheduling that are simplified on QuickBooks and tax payments estimations that you can not due on your own and as an engineer there no possible way to perform a vertical integration of these codes so you don't get audited. So, yeah this lady is wrong never go at it alone go with a corporate solution.

there is nothing better than quickbooks self emplpoyed stop selling junk you can look at monthly income and expenses

I am a suite based salon owner with only myself as an employee. I am currently switching to S Corp. For QuickBooks, do I need to add the payroll addition? Or which bookkeeping level would you recommend?

Hi Jamie, can I use Quickbooks Online to track my personal and business under one account?

Does quickbooks online connect to a business credit card and business bank account ?

I've done my business accounting with google sheets and Google Aps Scripting for 10 years now. You don't need QB, you really don't. I'm just watching this to help my dad with his QB stuff.

Hi, I have a full time job and a small business renting out my rooms in my primary residence. I have no employees. What would you recommend?

Great video and very informative. My only negative is the constant zooming in and out on the video, it was that distracting I had to listen and not watch.
You’re right about the limited functionality of QBSE, think I’ll be changing in the future, I say changing because you can’t upgrade, missed a trick there didn’t they!!

I tried to use it for a single member s corp and it was just a bundle of frustration. In my opinion whoever is using self employed and is happy can get by using mint or just a spread sheet (requires manual entry).

Hey Jamie, I currently use QB selfemployed, If I switch to QB version will it still automatically track my mileage? What about my personal expense self employed has tracked, will it still integrate and carry over seamlessly? I'm a real estate agent btw... I do plan on incorporating soon, should I wait till Jan 1st 2024 ??

what about quickbooks accounting ?

I am working part time for a Property Management Company. They will issue me a 1099. I purchase all materials and give them a invoice for all materials and labor for the repair. I am currently using WAVE. Would it beneficial for me to switch to a better software since I already file my taxes with Turbo Tax? Also the materials I purchase will be part of the 1099 also. Thanks

I've used TurboTax for years, gathering all the info myself and then feeding it into the program. Works well for me. This year I thought I upgrade, so I got QBSE and figured it would do all the work for me. WRONG. A nightmare. I spent more time, and way too much interaction with barely competent "customer service" types whose accents were thicker than thick trying to get QBSE to download properly into TurboTax than I ever spent doing all that data collection myself. Not a fan.

Its not available to all countries, Quick books support is also poor.

Quick book online is horrible 😤 avoid it!!!!

Thank you great INFORMATION...I will check out quickbooks simple start I need it for my small business

What’s your recommendation on llc self employed? QuickBooks has my books all messed up and I’m panicking to get it fixed so I can do my taxes

There are very few software companies I hate as much as quickbooks. (intuit) They will never get me to pay their crazy ass fees for a company as small as mine, and since self-employed is also not an option, I will move on. Actually what I said was wrong about hating the company. I pretty much hate them more than anyone. I LOVED my desktop software, but NEVER will I go with them online, even if I have to work more.

This information was helpful since I have to convert from the Desktop version and decide on which online version to use for my small business.

I have been testing self employed for the past few months, look like I cannot reconcile the accts. Or at least I cannot figure out how to reconcile- so far not a fan either. I am also disheartened to hear that if I upgrade that I will have to start over again. Thank you for this information. Helfpul.

Do you still have a link for QBO I wonder which one you think I should consider being scorp. I am changing accountants and my current accountant has me riding off his QBO and just share in monthly cost but the other accountants say I need my own and to invite them to access

Does Quickbooks Online offer integration to Turbotax like Quickbooks self employed does?

Self employed is being phased out May 2023

I synced the bank account to the quickbooks but i see in most of the cases the entries came in as received deposits instead of spent expense. What should i do to fix please????

This video would be a bit more credible if Jamie wasn’t “pumping” her QB affiliate pricing every 30 seconds.
To date, QB Self-Employed has worked fine for my little advisory business.

Hi! thank you for your video. I have a question concerning Profit and Loss Statement. For example I need to give the government's Health Insurance an update on my income for 2022, this is the first year I am totally as self employed. My question is: the total amount of my income report should be before or after taxes? That is my TOTAL INCOME minus TOTAL EXPENSES/DEDUCTIONS or TOTAL INCOME minus TOTAL EXPENSES/DEDUCTIONS minus TAXES?
Should I apply any On Net Profit percentage 92.35% to Net Profit?

Thank you

hey Jamie! thanks fot your channel and your videos about QB at this point i have a problem! they dont want give me the promotion you offer in your videos! they said because i take the trial i can get the discount! HELPPPPP!

Jamie - What accounting program do you use for client write-up work?
Thanks!

I like QB self employed for what I do but I do wish there where some added features to bump it up a little but not make it simply start.

Can we still trust Intuit now that were busted for misleading & scamming Turbo Tax users?

I am going to be starting up my lawn care business agian next spring I am wondering QuickBooks software should I be using?

Do these deals you have made apply to the UK 🇬🇧 too?

For a very small self-employed sole proprietor who only needs to track expenses for tax purposes, QB Self Employed seems adequate. I am such individual currently using QB Simple Start using your logic. After several years of using the true accounting version, I have found I never really needed a balance sheet, or unique customization, or the potential to grow bigger. I am switching to QB Self Employed, the glorified spread sheet.

I got QBO Simple Start exactly a month ago, and signed up through the 50% off 3 month subscription. After making that first mistake, and realizing I need the plus version (it turns out Simple Start does not include billable expenses), can I switch to your subscription offer?

I’m still trying to get the $193 per year. 🤦🏾‍♂️

I totally respect your opinion and you gave some compelling points. I actually like QBO Self-Employed for basic self-employed business, Sch C Businesses and Gig workers. I had a client who was Sole Proprietor, Sch C and he used his debit card at least 20 times a day and some of his purchases were personal and some for business. There would be 10 purchases for coffee per day. I like the feature where you can setup a bank rule and record these transactions automatically and correctly for business or personal and being able to figure out their quarterly estimated payments

I switched from Go Daddy Bookkeeping to Quickbooks Online and it is very complicated especially when trying to import ebay and etsy charges and use it for schedule c tax forms. I was told by QB consultant to formulate my chart of accounts according to schedule C but when I do auto imports of my ebay and etsy charges, the way they are set up is so convoluted that I can't easily put them in the schedule c categories. I understand that double entry bookkeeping is more accurate but I'm a very small proprietorship, don't make much sales so I don't know if it's worth the hassle and paying someone to help me figure it out is also very expensive. I'll be sticking to spreadsheets for now.

Is there software that I can just do a one-time payment and the software is mine? I do not want constant upgrade messages, sales message, etc? I just want software that I can have for my VERY small business.

So do the one you recommend have mileage tracking?

They bait and switched me on my tax return with turbo tax and also didnt work. And then lost my milesge randomly for seemingly no reason on (quickbooks self employed) intuit is trash

Jamie thank you for the wonderful video. I have a video production and media production business. I've been using self employed since 2018. Looking to take advice and move over to essential plus. Are there any tips for transferring over data from one to the other? Also this year I have elected to go from LLC to SCorp would you still recommend QuickBooks Plus?

Looks like it's time for me to upgrade!

Agreed, I cant stand not having a balance sheet...