Can I link both personal and business bank accounts in QBO? I am a Sole Proprietor using QBO, I issue 1099's

Thank you for your response!  Can I generate 1099’s in QBSE?

Thank you for your response to my question! Can I generate 1099’s in QBSE?

Thanks for getting back to this thread, @KATE1466. Let me provide some insights about generating 1099 in QuickBooks Self-Employed.

QuickBooks Self-Employed (QBSE) is designed to track your income, expenses, mileage, and tax info to help you file an annual return and pay estimated tax quarterly. However, creating 1099 forms inside the program is unavailable.

As a workaround, you can log in to our E-file service (standalone) website. This way, you can add your details and file their 1099-MISC forms to the IRS.

Here's how:

1. Go to the 1099 E-File Service page, choose Start for Free.
2. Enter your email address and select No, I'll enter my 1099 data. Then, select Continue.
3. If the email address you entered does not yet have an Intuit account, you will go through the standard process of creating an Intuit Account, and then click Sign Up.
4. After you click Sign Up, you will see this screen. 
5. If your email address already has an associated Intuit account, you will go through the standard sign-in process and select your company from there.

You can also review our 1099 E-file service fees on this link: http://payroll.intuit.com/additional-services/1099/efile-1099/.

If you want to generate 1099, please refer to this article for more information on how to create and file 1099s using QuickBooks Online.

Additionally, let me attached this link to guide how to file 1099-MISC forms using an e-file service.

I'm always here if you have any other concerns in creating and sending 1099's to your contractors. Take care and have a great rest of the day!

Your answer was very helpful, thank you so much!!

I have one more question, if I upgrade to QBSE will my linked accounts and all the work I’ve put into those transfer or do I need to start from scratch?

Hello there, @KATE1466. We're glad to have you back.

QuickBooks Online and QuickBooks Self-Employed are two different versions. 

When you switch from QuickBooks Online to QuickBooks Self-Employed, all your linked accounts and data will not automatically transfer to QBSE. We cannot directly convert or upgrade QuickBooks Online to QuickBooks Self-Employed or any other version

Yes, you're correct. You'll have to start from scratch. You'll want to export bank transactions using a .CSV file and import them into QBSE. You can check this article on how to export list data in QBO. Then, import your .CSV file into QBSE. Here's how:

1. Click on the Gear icon.
2. Choose Imports.
3. Select an account and click on the Import older transactions or import transactions.
4. Follow the instructions onscreen to finish importing your data.
5. Click Import.

Also, I'd like to add a few details about the difference between the two products. 

QuickBooks Self-Employed:

• Quickbooks Self-Employed is designed to help manage personal and business transactions in a single platform.
• Customizing reports and transaction is unavailable in QBSE.
• Generate only a few reports.

QuickBooks Online:

• QuickBooks Online helps when your business will grow into a larger entity.
• There's more advantage when generating reports in QBO.
• Many apps integrate easily with QuickBooks Online. 

For additional reference, you can check QuickBooks Self-Employed Overview.

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I'm right here together with my colleagues to help if you have any other concerns with QuickBooks. We'll be around. Take care and stay safe always.

I have QuickBooks Desktop Pro Plus 2022 (which I believe is QBO) - so can I access QBSE?

Thanks for joining us, @LJD66.

Let me share some insight about accessing QuickBooks Self-Employed (QBSE). As mentioned by my peer @SarahannC, QuickBooks Online (QBO) and QBSE are two different versions. You'll want to subscribe to QBSE and use the same login credentials so you can access your QBSE account.

Please refer to my peers post above for more information about importing transactions and the QBSE Overview.

I'm also adding this article for details about product comparison: 

• Find your accounting and payroll solution.
• QBSE features that fit your business.

If you wish to subscribe to the QBSE version, just click on the Buy now button on the above link.

For additional reference, feel free to check this guide. It has steps to export your QBO reports and lists and can easily download or import them to the new program: Export reports, lists, and other data from QBO.

I'll be right here if you need help with anything else, so don't hesitate to reply. Take care and have a great day ahead.

@LJD66 

QB Desktop, QB Online, and QB Self Employed are three different products.

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@katherinejoyceO 

I do appreciate the insight.

I am looking for a personal finace solftware that will track my sepnding, but also one that will help me with expenses associated with CCs, LLC, and an S Corp.  I dont have a lot going in and out of the LLC but I pay myself through the S Corp ... and I am looking for a one stop shop solution that will show where I am spending my money (on the personal front) as well as how much income - including airbnb income - that we have coming in... can you help?  

Welcome to the Community space, MHB24.

Yes, we can help you. QuickBooks Online is the right choice if you're looking for personal finance software. 

Several features of the product can be easily adapted for personal use or controlling your household spending. Here's a quick overview of some features:

• Online Bill Payments
• Generate Customizable Reports
• Financial Planning
• Tracking your Expenses
• Budgeting
• Automations for Savings and Payments
• Management of Income and Taxes

You can use QuickBooks Online to manage your finances in a variety of ways, as you can see from the list of features I outlined above. We have QuickBooks courses online to help you learn everything if you haven't use QuickBooks before. Visit this link if you want to know more about QuickBooks training: QuickBooks Training Classes.

You can also see the available plans and pricing through this resource: QuickBooks Online Plans & Pricing.

If you have further questions or concerns, you're welcome to post again. We're available to help you 24/7.