QuickBooks Self-Employed is a small business accounting software designed for self-employed individuals who are required to file a Schedule C, such as freelancers, realtors, Uber drivers and independent consultants. You can track all income and expenses, mileage to and from clients and much more.
QuickBooks Online Essentials is best for small businesses that not only need to track income and expenses and manage accounts receivable, but that also need to track the money owed to suppliers (accounts payable). Essentials is also ideal if you need to give other people access to your data. With Online Essentials, you can give up to three users access to your data plus two accountant users.
QuickBooks Online Plus is ideal for a business that sells products and services. Unlike Simple Start and Essentials, you can track inventory costs and quantities, create purchase orders, and issue 1099s to contractors with Plus. One of the other features that Plus has is the ability to create a budget for income and expenses. This is a great tool for a business to use to see how well their actuals match up to projected income and expenses.
QuickBooks Online Advanced is the newest subscription level in the QuickBooks family. It includes the features in Simple Start, Essentials, and Plus, with additional features for a growing business approaching mid-market size. You can set up a chart of accounts with unlimited number of accounts to meet the needs of your business.
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