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July 2, 2022
Question

Help! Does anyone know What app should I be using? The quick books accounting or quick books self employed?

  • July 2, 2022
  • 2 replies
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2 replies

Fiat Lux - ASIA
July 2, 2022

If you don't have employees, you can consider QBSE. Otherwise, you should start from QBO Simple Start and upgrade your plan later. QBSE and QBO are two different products, and no 3rd party apps support QBSE.

https://quickbooks.grsm.io/UK

 

JenoP
July 2, 2022

I'm so glad you asked this question in the Community. I'll share details to help you decide which version of QuickBooks you need for your business, flexc19-hotmail-.   

 

QuickBooks Self-Employed and QuickBooks Online are designed for specific types of businesses. QBSE is designed for freelancers while QBO is best used for small businesses in general. 

 

You need QuickBooks Online if you need the following features:

 

  • Payroll
  • Bills and Bill Payments
  • Quotes and invoicing
  • Track VAT
  • Multicurrency
  • Customized reports
  • Project profitability and budgeting
  • Cash and accrual accounting
  • Manage Construction Industry Scheme obligations 

 

On the other hand, choose QuickBooks Self-Employed if you need to:

 

  • Track and claim allowable expenses
  • Manage business income and expenses      
  • Prepare Self Assessment
  • Import bank transactions automatically
  • Invoicing                                                                                                                                                                                                                                                                                                                                            

You can see more details about their similarities and differences in these links: 

 

 

Please let me know if that answers your inquiries on which product to use. You can also post more questions or reply to me if you need anything else.