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Review: 3 financial tracking apps for busy contractors

Alyson Behr | May 23, 2016
It's important to keep track of your projects’ time, expenses and invoicing. Here are three apps that could help.

At a Glance

QuickBooks Self-Employed

Intuit

Price: $10/month ($5/month for first 6 months) (vendor price); $17/month ($12/month for first 6 months) with TurboTax (vendor price)

Pros: Easy to set up; well thought out transaction splits and categorization features; integrates with TurboTax

Cons: No time-tracking function

Conclusions

All three applications -- Invoice2go, OfficeTime and QuickBook Self-Employed -- perform slightly different functions with some overlap.

OfficeTime can invoice and is the only application of the three that has a timer; however, it has a steeper learning curve than the other two.

Invoice2go has great document creation and receivables insight, but doesn't integrate with any major accounting software.

QuickBooks Self-Employed is a fine accounting product that separates business from personal expenses and integrates with TurboTax.

None of them is an end-to-end solution, but they're all affordable, giving you the option of going with one or using a couple to round out your needs.

 

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