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palominovet-gmai
Level 1

Hi, I am self employed through an LLC that I have set up. I have been using QuickBooks Online but should I be using the Quick Books Self Employed option?

I think I am signed up for the wrong product. It has more functionality than I need and at times is cumbersome to make it work for what I need it to do
2 Comments 2
Giovann_G
Moderator

Hi, I am self employed through an LLC that I have set up. I have been using QuickBooks Online but should I be using the Quick Books Self Employed option?

I can share information about our QuickBooks products, palominovet-gmai.

 

Yes, you can subscribe to QuickBooks Self-Employed(QBSE) version. If you're an Independent Contractor and you'll want to separate your personal and business expenses. Also, the Schedule C tax report is only available through the QBSE platform. 

 

On the other hand, if you're looking for a variety of reports to view snapshots of different areas of your business. Then, you can use the QuickBooks Online version. With this version, you can track assets, liabilities, income & expenses, assign billable hours to customers, job costing & budgeting, track bills and inventory. Please check out this article for the complete list of available reports: Reports included in your QuickBooks Online subscription.

 

If you'll want to downgrade from QuickBooks Online to QuickBooks Self-employed. You can cancel your QBO account and subscribe to a QBSE account. Then, you can export bank transactions using a CSV file and import them to QBSE. You can view the steps through this resource: Manually import transactions into QuickBooks Self-Employed.

 

In addition, I've included this material to have a complete overview of which QuickBooks product is best for you: See which version of QuickBooks is right for you.

 

You're welcome to reply to this post if you have further questions about our QuickBooks product. I'm just around to help you.

Fiat Lux - ASIA
Level 15

Hi, I am self employed through an LLC that I have set up. I have been using QuickBooks Online but should I be using the Quick Books Self Employed option?

@palominovet-gmai 

For your reference

https:// quickbooks.intuit.com/learn-support/en-us/product-preferences/choose-the-right-version-of-quickbooks/00/369506

 

You can open a new blank QBSE account if it suits your needs.

https:// quickbooks.grsm.io/us-promo

https:// quickbooks.grsm.io/us-promo-6months

 

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