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mvonstetina1
May 4, 2024
Question

Does Quickbooks Self-Employed have a balance sheet feature?

  • May 4, 2024
  • 1 reply
  • 0 views
I recently changed my LLC to an S-Corp and I am trying to make sure that I have all of the documentation. One of the things I need is a balance sheet for 2023, and I was hoping Quickbooks Self-Employed may already have a feature to create it for me. Anyone else in the same situation?

1 reply

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ChristineJoieR
May 4, 2024

Hello there, mvonstetina1.

 

The QuickBooks Self-Employed (QBS) edition, tailored for independent contractors and freelancers, doesn't offer the option to generate a Balance Sheet report due to its simplified functionality.

 

If you want to access Balance Sheet reports and other advanced features, you may want to explore subscribing to QuickBooks Online (QBO) instead. You can visit their website directly and select a plan that suits your business needs: https://quickbooks.intuit.com/online/.

 

You may find it helpful to read an article that outlines the differences between QuickBooks Self-Employed (QBSE) and QuickBooks Online (QBO) versions: https://quickbooks.intuit.com/aag/accountants/compchart/.

 

Feel free to reach out if you require further assistance with this or any other matter. I'm here to support you. Have a great day, and stay safe!

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