And that means that my accounting has needed to evolve, too.
I used to be able to just keep a handful of highlighted receipts in a folder and pass them along to my
mom accountant. However, a couple of years ago, she straight up told me that she could no longer manage my taxes unless I figured out something that worked for effectively.
After chatting with fellow bloggers, I discovered a better way – Quickbooks.
Why I Love Quickbooks!
With multiple plans and options, Quickbooks offered me the chance to get EXACTLY what I wanted and needed for a super reasonable price. I currently pay around $10 a month and have access to an incredible accounting tool that works for me.
I love that my accountant (my mom) can access my Quickbooks account while I'm in Texas and she's in Alaska.
I love that I also have access to the Quickbooks app – it's got a built in mileage tracker! Just push start and stop and your miles are automatically calculated and uploaded into your account.
What Plans Are There?
I'm using the Self-Employed plan. It's perfect for me since I'm a one woman operation and don't really need much more than the ability to input profits and costs.
I love that I can link my bank account and business credit card so that my purchases automatically sync to my Quickbooks account. It helps me not stress out so much about remembering to input every single little receipt.
This program also tracks my quarterly taxes – so YAY for no surprises at the end of the year!
I actually started with this one but realized that it was more than I needed. However, it is perfect for anyone who sells a specific service or product and needs to send out/track invoices.
This program also links bank/cards, tracks taxes, runs reports, and allows you to send estimates for work.
So, if you're in a partnership, both of you can cut checks, pay bills, or send invoices. And you'll both be able to see everything the other person does. It's a nice checks and balances system.
This program also does time tracking.
It's cool because you'll also be able to track your inventory and manage 1099 contractors. I love this plan for those with shops that sell a physical product or those of you doing Virtual Assistant services with employees or contractors.
Intrigued? Well, I'm about to make things EVEN better!
My accountant (coughmomcough) has over 40 years of experience as a tax accountant for small businesses. She is SO HAPPY with this program and that I'm finally getting my
shit blogging business together. I figure, if she's happy and thinks Quickbooks is amazing – who am I to argue?
*50% off the monthly price for QuickBooks Online (Simple Start, Essentials or Plus only) or QuickBooks Self-Employed is for the first 6 months of service starting from the date of enrollment for new paying subscribers only (trial subscriptions are not applicable), followed by the then-current fee for the service. Additional terms, conditions, pricing, features, service and support are subject to change without notice.