Finding the Right Bookkeeping Software for Independent Contractors

As a self-employed independent contractor operating as an LLC taxed as an S-Corp, choosing the right Bookkeeping software can significantly streamline your financial management. If you provide healthcare services on a 1099 basis and rely on a straightforward model with limited expenses and income, selecting a simple and effective solution is crucial.

I’m currently seeking recommendations for user-friendly Bookkeeping software tailored to my needs. My financial activities are quite minimal: I receive monthly 1099 payments from the facilities I work with, along with a handful of business expenses. The situation doesn’t involve complex features like inventory management, invoicing, or time tracking, so I’m not looking for something as comprehensive as QuickBooks, which I find overwhelming for my requirements.

Instead, I’m in search of an affordable option that ideally costs less than $35 per month, like QuickBooks Simple Start. One of my key preferences is the ability to use an iOS app primarily, while ensuring that transactions can be easily imported by linking my bank and credit card accounts.

Currently, I’m considering two contenders: Wave and Zoho Books. Both appear promising, but I’d love to hear your feedback or experiences with these platforms, or any other alternatives that may suit my straightforward needs.

Your insights could help save me not only time and stress but also make it easier for my accountant when tax season rolls around. Thank you for your help!