Why I still don't recommend Quickbooks Self-Employed [and what I recommend instead].

Why I STILL don't recommend Quickbooks Self-Employed [and what I recommend instead]. Updated for 2023/2024. Considering Quickbooks Self-Employed for your business? Here's my honest review. Before you dive in, watch this video to understand why I don't recommend it. Get insights, alternatives, and make an informed decision for your financial needs.

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[Swiftmonkey]

One benefit I've seen recently with QB is the business checking account with 5% APY. That's pretty nice these days. Most banks don't offer that high anymore.

[jennw]

I have been using Quickbooks Online Essentials, but I don't need all the functionality because I'm a sole proprietor massage therapist, and all I really do with QB is categorize my expenses and generate a P&L.  I've wanted to downgrade and found your video because I was trying to figure out the differences between Simple Start and Self-Employed. Thank you, this info has been very helpful.

So I was considering using your spreadsheet. Does it work with Mac? And let me see if I understand -- I would upload my bank data into the spreadsheet and then categorize the transactions to create my P&L each month? I guess one slight downside is there are no rules or automatic categorizations, is that right?

The other thing I'm considering after watching your videos is just downgrading to Simple Start. I suppose the upside of this is that all my customization would stay, and I don't have to learn to use anything new. And the downside is that it's more expensive. Anything I'm missing?

[bettywhiteandtheboondockers]

i think the thing is that quickbooks connects to bank accounts and stuff which saves time trying to track and enter expenses. that makes a few hundred dollars worth it, I think.

[BannerCare]

Hi Jamie, I am interested in your Profit & Loss Template and Dashboard product. Do you have a video of how the spread sheet works well in the business setting? Does the spread sheet work well with personal finance, too? Thank you.

[livinginvancouverbc]

Hi Jamie, What would you recommend for a solo realtor? I have an accountant but I still need to categorize my expenses so something would be better than nothing. BTW I live in Canada. 
Thanks in advance!

[DJWORLDTOUR]

Hey Jamie, you’re the greatest I’ve been bingeing your content for probably an hour now … I have a question I’m using Quick Books SE (YUCK) I want to switch to QB +, do you have a video breaking down this HOW TO process if not do you know someone that has a great detail of this process.

[_lifewithlloyd_]

Hello, is the profit & loss template and dashboard included in the ultimate getting ready for taxes bundle? Also is the program electric, web-based or is it something I download to one computer?

[Bkberliner]

Jaime, thank you for all you do!
? Are individuala more likely to be audited once applying for ERTC?

[kwadeify]

Can you use this if you want your company to pay yourself, your spouse and kids? (So 4 "employees")

[TaxPoetic]

"QBSE is the - Jean-Ralphio, accountant at Tilton and Radomski Accounting

[TheQuickBooksChap]

Valid points - but the updates coming will completely change the face of QBSE - happy to chat about it if it would help? :D