QuickBooks

Overview

QuickBooks by Intuit is the most popular accounting software for small and medium businesses. It helps track income and expenses, manage invoices, run payroll, and generate financial reports, ensuring you stay compliant with tax authorities.

Pricing & Free Tier

Free Tier: No.
Simple Start: $30/month (often discounted to $15 for the first 3 months). For freelancers and single-person businesses.
Essentials: $60/month. For up to 3 users.
Plus: $90/month. Includes inventory tracking.

How to Use

1. Sign up and enter your business profile.
2. Connect your bank accounts and credit cards (QuickBooks will automatically import transactions).
3. Categorize transactions as business or personal.
4. Create and send invoices to clients.
5. Use the "Reports" tab to generate Profit & Loss statements.

Important Notes

• Price Increases: Intuit frequently raises the annual price of QuickBooks. Beware of heavy introductory discounts that expire after a few months.
• Bank Syncing Issues: Bank feeds sometimes disconnect or duplicate transactions. Regular manual reconciliation is required.