How to set up a Quickbooks Self-Employed account

QuickBooks Self-Employed is an accounting software designed specifically for self-employed individuals and freelancers. It helps users track income and expenses, create invoices, and manage their finances. Here's a step-by-step guide on how to create a QuickBooks Self-Employed account, connect a bank account, and add your accountant.

Step 1: Sign up for QuickBooks Self-Employed

To create a QuickBooks Self-Employed account, go to the QuickBooks Self-Employed website “intuit.com/self-employed“ and select "Sign in." You'll be prompted to create an account by providing your email address, password, and business name.

Step 2: Connect your bank account

After creating your account, you'll be prompted to connect your bank account. This will allow QuickBooks Self-Employed to automatically import your transactions and categorize them for you. To connect your bank account, you'll need to provide your bank's login information.

Step 3: Set up your account

Once your bank account is connected, you'll be prompted to set up your account. This includes creating an invoice template, setting up income and expense categories, and entering any outstanding invoices or bills.

Step 4: Add your accountant

To add your accountant, go to the "Settings" tab, and select "Add Accountant." You'll be prompted to enter your accountant's email address, and they will receive an invitation to access your account. Once they accept the invitation, they will be able to access your account and make adjustments or give you advice.

Step 5: Start tracking your income and expenses

With your QuickBooks Self-Employed account set up, you're ready to start tracking your income and expenses. You can track your income by creating invoices and recording payments. You can also track your expenses by categorizing transactions imported from your bank account.