QuickBooks Online is full accounting software with great expense tracking features. It lets you sync your bank, credit card and other online accounts so expenses can be imported automatically. You can create custom rules to categorize these expenses as well as run reports to see where your money is going.
If you’d rather scan your receipts the traditional way, that’s fine too. You can snap a picture on your phone, and QuickBooks will link it to the transaction. QuickBooks also has functionality for freelancers who need to submit expenses to clients with the ability to attach receipts directly to invoices.
Since you’re getting so much with QuickBooks, the monthly fees are a bit higher. It’s $25 a month for the Simple Start plan, which includes one user. To get unlimited reports-only users and time tracking users, you’ll need to upgrade to the Essentials, Plus or Advanced plans for $50, $80 or $180 a month, respectively.
Who should use it:
QuickBooks Online has everything you need to manage your business’s finances, so it’s good for larger businesses that need more functionality out of their software.