For any business, accounting is one of the most significant activities. Doing this crucial operation manually is an extremely laborious process prone to many errors. It’s exactly where QuickBooks Simple Start comes into use. It is a complete accounting and bookkeeping solution for small-scale businesses. The software is designed to fulfill primary financial needs, such as billing, expense tracking, invoicing, and more.

Using QB Simple Start, enterprises can gain a clear idea of where they stand. It lets users create different kinds of reports and documents and the backs of data. With its intuitive and systematic interface, the software helps businesses get everything in place for the tax season. One more feature is QuickBooks Remote Access
through which a user can access QuickBooks accounting software from anywhere using a secure internet connection.

An Overview of QuickBooks Simple Start

QuickBooks Online Simple Start lets you access your income, monitor expenses, and ascertain your business standing. You can access reports, send out invoices, and save a huge amount of admin time. The solution meets all the fundamental financial needs. These include tracking sales and expenses, billing, invoicing, checks, payroll management, and creating customer and vendor address books.

The current cost of this solution from Intuit is $30. You can choose to use the free trial version for 30 days to accustom yourself to the solution. Simple Start is the most basic QuickBooks plan. But it is not devoid of good features. You get all the features to manage your income and expenses and connect with your accountant during tax time.

Defining Features of QuickBooks Online Simple Start

Multiple accounting and bookkeeping functionalities help you manage your business in Simple Start QuickBooks. Here are all that it offers.

• Tracking of income and expenditure – Download your financial transactions from credit card and bank accounts. After that, arrange and store the data for record keeping.
• Management of receipts – Snap pictures of receipts from your phone and upload them to this software. The accounting program allows you to match the receipts to the appropriate expenses.
• Access to various reports – The Simple Start QB provides over 20 business reports. These include reports for balance sheets and profits and losses.
• Create and send custom estimates – With QuickBooks Simple Start Desktop and Online; you can make personalized and professional-looking estimates. After that, turn them into invoices and send them to your client.
• Mileage tracking – Easily track your business trips through your mobile’s GPS. It facilitates effective mile tracking.
• Track sales and sales tax – With Simple Start, it is possible to accept payments and credit cards, irrespective of your location. The software automatically computes the sales tax.
• Management of 1099 Contractor – It’s easy to maintain compliance on your 1099s. You can easily file and prepare a 1099s form with QB Simple Start.
• Sort business expenditures effectively – Simple Start QB facilitates tax deductions by automatically categorizing business expenditures into correct tax categories.

The Difference Between QuickBooks Simple Start and QuickBooks Online

QuickBooks Online has five variants, out of which Simple Start is one. The other versions of QuickBooks Online are:

• QuickBooks Online Self-Employed, which is good for small service businesses reporting income on Schedule C of their tax return.
• QuickBooks Online Essentials, which is ideal for companies who allocated hours worked to customers and offers access for three users.
• QuickBooks Online Plus, which is appropriate for wholesalers, retailers, and small businesses for whom inventory tracking, budgeting, and job costing are necessary. It gives access to five users.
• QuickBooks Online Advanced is best for small to medium-sized businesses requiring comprehensive reporting, custom user permissions, and a support manager. It provides access to 25 users.

Steps to Start Using Simple Start in QuickBooks Online

It is easy to set up this accounting software once you know the right steps to follow. To begin the setup process, launch the software. Now use these steps.

• In the pop-up box, tap ‘Next.’
• Input your company name and other details.
• From the options, use the relevant entity form.
• Tell about the way you would like to bill your customers.
• Tap ‘Next’ and give your QB company file and name.

How Much Does QuickBooks Simple Start Cost?

If you are looking to purchase QuickBooks Simple Start Online, there are two options. You can subscribe straightaway to enter authorization for a valid credit card. Alternatively, you can choose the Free Trial version for 30 days.

Currently, the software is priced at $30. If you use the Free Trial, you will get the Free Account within a specific timeframe. Now make a new account through these steps:

• Go to https://quickbooks.intuit.com/pricing/Select ‘Buy now for 50% off for three months.’
• Alternatively, select the ‘Free Trial for 30 days’ option.
• Input your password and user ID.

Who Is a Good Candidate for QuickBooks Simple Start?

This software is ideal for freelancers, solo entrepreneurs, and small business owners. It also features customer support, which makes the process of using t very convenient. If you are a first-time user of the solution, you won’t find many issues navigating it.

This solution, according to Intuit, is also good for gig workers and businesses dealing with selling only services. In contrast, QuickBooks Online Essentials and QuickBooks Online Plus offer the features of Simple Start and many additional functionalities as well.

There is also the learning and support community in QB Simple Start that features answers to some of the most frequent questions by users. However, if your business scales and its accounting needs become intense, you will require more features. At that point, you can use other plans by QuickBooks.

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Final Thoughts

QuickBooks Simple Start is user-friendly software for small businesses and freelancers. It makes tracking, income, and classification of expenses into tax very simple. Businesses can automate many processes using it and thus bring more efficiency into their workflow.

 

Frequently Asked Questions

 

Can accountants access QuickBooks Online Simple Start?

Yes, you can invite your accountant to access your QuickBooks Online Simple Start. They can collaborate with you without any cost. You can also remove their access anytime.

How many users can I have with QB Simple Start?

QuickBooks Online Simple Start gives access to one billable user. For a single subscription, reports and time-tracking users aren’t available.

How is QuickBooks Online Simple Start different from Self-Employed?

QuickBooks Self-Employed is for independent contractors, while QB Simple Start is for small businesses. Small businesses with vendors, employees, and inventory can do very well with the Simple Start version. In contrast, QuickBooks Self-Employed is for those who have business and focus more on tracking expenses and income.