Quicken has launched Quicken Business & Personal, a groundbreaking app that merges business and personal financial management into a unified platform. This innovative solution is designed specifically for self-employed individuals and small business owners, who often face challenges managing their finances across multiple tools.
The Quicken Business & Personal app allows users to oversee various business and personal accounts seamlessly. By consolidating financial tools—from tracking invoices to monitoring investments—this platform empowers users to make informed decisions without the hassle of juggling separate systems.
“After 40 years of experience serving millions of customers, we recognize the difficulties users face when balancing business activities with personal finances,” stated the company’s CEO. “Quicken Business & Personal was crafted to tackle this issue, offering top-tier personal finance features alongside modern business financial management capabilities, allowing users to view their financial landscape holistically and separately.”
Key features of the app include:
- Organized Transactions: Automatically categorizes business and personal transactions with customizable tagging and rules, allowing users to separate mixed purchases effortlessly.
- Integrated Financial Views: Provides side-by-side visibility of business and personal finances, enhancing tracking of transfers and reminders.
- Enhanced Cash Flow Management: Streamlines invoicing and expense tracking, featuring auto-filled invoices and dashboards to keep tabs on payment statuses.
- Simplified Tax Preparation: Monitors income and expenses year-round, creating tax-ready reports like Schedule C and E forms.
- Personal Finance Tools: Includes features for setting savings goals, tracking investments, and planning for retirement.
With over five million new business applications filed annually in the U.S. and a significant portion of Americans earning income from multiple sources, efficient financial management is essential. Recent studies indicate that many individuals juggling multiple jobs find it challenging to track their income streams, with numerous respondents expressing the need for a simpler solution.
Quicken Business & Personal effectively addresses these challenges by streamlining financial management and providing users with an integrated view of their finances. The app is especially beneficial for self-employed individuals and small business owners, helping to reduce bookkeeping time and offering insightful analytics to support sustainable business growth and the achievement of financial objectives.
