![]() It automatically tracks my income and expenses and estimates my quarterly tax payments. QuickBooks Self-Employed is a program that combines tax software and cloud-based accounting tools. ![]() Tracking business transactions only requires a few clicks every week A friend of mine suggested I try out QuickBooks Self-Employed, so I signed up for the 30-day free trial and quickly realized I could say goodbye to time-consuming manual data entry forever. Like most new freelancers, I wasn't ready to hire an accountant to help me yet, but I needed to make this part of running my business easier. Time that could be spent working on client projects. When the first round of quarterly taxes was coming due, I quickly realized that doing all my own tracking was taking up way too much of my time. ![]() I started with PayPal invoicing, a separate checking account, and a spreadsheet I'd use to generate a profit and loss statement and track my income. ![]() Not to mention I needed to meticulously track all expenses and income for the first time. Figuring out how to do my taxes as a freelancer was daunting. When I quit my W2 job to freelance full time, it was scary in the best way possible. By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our
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