One of the most user-friendly accounting software for independent contractors, Freshbooks offers a free 30-day trial to help you get started. With cloud storage, you won’t have to worry about losing paper receipts. You’ll be able to group these together into a single report and import card transactions. The associated Zoho Expense app is well-suited to tracking expenses for independent contractors, turning your receipts into expense entries. In addition to taking care of things like bank reconciliations and invoicing, Zoho Books handles timesheets and sales approvals. The self-employed plan currently starts from as little as $4.50 per month, or you can upgrade to the Live Tax Bundle for live assistance from accountants for as little as $10.50 per month. QuickBooks also handles payment processing and invoicing, integrating with numerous payment apps. Support your independent contractor expense tracking with live bank connections for real-time updates. Like Xero, it comes with an array of tiers and price points to suit solo freelancers as well as partnerships and larger businesses alike. QuickBooksĪnother one-stop shop for all your small business accounting needs is Intuit’s popular QuickBooks. Most freelancers will get by with the Starter version, though as you grow your business you could upgrade to the Standard or Premium tiers of service. It also easily integrates with thousands of apps to keep your finances in one place. Xero covers billing forms, inventory tracking, double-entry accounting, and independent contractor expense tracking. If you’re looking for a good all-rounder accounting app that can also handle expense tracking, Xero might be a good fit.
Here’s our pick of the best expense tracking apps for independent contractors.
With document scanning to keep all your receipts in one place, you won’t miss any deductions come tax time. Fortunately, there’s a wealth of accounting and expense tracking apps that make it easy. You already have a lot to juggle as an independent contractor, so keeping on top of your expense accounts might seem like a daunting task.
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