Solopreneurs for the One Person Business
QuickBooks has announced a new subscription for QuickBooks Online. It is called Solopreneur.
“Solopreneur is designed to help one-person businesses quickly and easily simplify their business finances,” QuickBooks says. .
The new subscription offers these features:
- Track profitability
- Automatic mileage tracking
- Separate business & personal expenses
- Auto-categorize business and personal expenses to easily track and maximize tax deductions
- Set & track growth goals
- Customize estimates & invoices
- Track sales & sales tax
- Accept payments
- Open a business bank account
- Get expert tax prep help
- Earn 5.00% APY
Solopreneur Monthly Subscription Cost
The QuickBooks Solopreneur Subscription is available at $20 per month. Current, there are discounts available on the QuickBooks Online website.
Solopreneur Limitations
QuickBooks Solopreneur does not offer Payroll (remember this is for a one-person business). At this point, it appears that Solopreneur can be upgraded to a higher subscription level when desired or needed.
While Solopreneur seems to be a replacement for QuickBooks Self-Employed, as of now, Self-Employed will continue to be supported for those with active subscriptions. However, new customers will no longer be able to purchase new subscriptions of Self-Employed.
QuickBooks have not announced that QuickBooks Solopreneur will be available from Certified QuickBooks ProAdvisors.
