If you run a one-person LLC and you've been bracing for the QuickBooks Self-Employed shutdown, here's the short version: QBSE is gone, you're being pushed onto QuickBooks Solopreneur whether you asked for it or not, and this is the cleanest moment you'll get to rethink the whole setup.
| Timebook | QuickBooks (SE → Solopreneur) | |
|---|---|---|
Time tracking | Built in — web, CLI, or an AI agent via MCP | Not really; QBSE had no true time tracking |
Invoicing from tracked hours | Yes — hours become a PDF invoice in a couple clicks | Limited; typically needs a separate billing tool |
Bookkeeping + tax reports | Schedule-C-oriented books and tax summaries | Yes — this is QuickBooks' strength |
Pricing | $29.99/mo for Pro, no per-seat | Tiered, and tends to creep upward over time |
Bank sync | Optional via Plaid | Yes (a core strength) |
Get your data out | Full CSV export anytime, no lock-in | Possible, but you migrate within Intuit's ecosystem |
Switching in | QuickBooks timesheet import + bank-statement import | — |
Best for | Solo owners who bill time and want one tool | Owners who need deep bank rec + accountant collaboration |
Yes. Intuit discontinued QuickBooks Self-Employed and moved customers to QuickBooks Solopreneur. The Self-Employed mobile app was pulled in March 2024, and existing subscriptions migrate to Solopreneur — a different product with a different layout and workflows, not a simple rename.
It comes down to whether you bill by the hour. If you track time and invoice clients, an all-in-one that turns hours into invoices and keeps Schedule-C-ready books (Timebook) removes the multi-tool juggling. If your day is bank reconciliation and accountant collaboration, a full ledger like QuickBooks Online fits better.
No. A single-member LLC is a disregarded entity for federal taxes, so business income and expenses go on Schedule C of your personal Form 1040. You need clean records of income, expenses, and owner draws — not QuickBooks specifically.
Use one tool that does both. Timebook tracks time from the web, a CLI, or an AI agent via MCP, then turns those billable hours into a PDF invoice in a couple of clicks — no export-into-a-second-app step.
No. Moving money from your business account to yourself is an owner draw against equity, not a deductible expense. Recording draws as expenses is the most common single-member LLC bookkeeping mistake and it overstates your deductions.
Yes. Export your reports and transaction history before the account migrates, because access to the old account ends after the switch. You can import that history into Timebook, which also lets you export everything as CSV anytime — no lock-in.