I'm self-employed and often bill out on an hourly basis. Is there a time-tracking app that I can use that'll upload my time into the Quicken Home & Business invoice software?
A time tracker for Quicken would be excellent. I currently use both Quickbooks and Quicken Home, Business & Rental Property. The only reason I even use Quickbooks at all is for the ability to track and invoice for time. I use TSheets to record times and then import the data back into Quickbooks. A time recorder integrated into Quicken would be ideal and would allow me to drop Quickbooks altogether, assuming the timer were implemented properly. Quickbook's method of using a separate timer is workable but not ideal. Exporting customer data and then importing times is a bit cumbersome. I think Quicken could appeal to a much larger user base if a more robust time tracking and billing system were implemented.
I really wish Quicken Business has time and labor tracking and billing. I currently now currently have to track it using various excel sheets to do the same.
Quicken is supposed to be for tracking rental expenses and property management. New IRS regulations allows a 20% deduction, only if a rental is "qualified business income" ,QBI. it allows a 20% for a deduction from income This can be huge. It requires that the taxpayer keep track of hours worked to proof it. Quicken should add a time tracking function, that is integrated with the posting of rental expenses. This is a critical, and valuable function to all rental users.
I am sure there are better applications for time tracking, but if you must use Quicken to track this, maybe you could set up an account, mark it as "Separate" and enter a deposit of $1.00 for each hour you work.
You could use the Tags for the rental properties to keep track of which one you were working on.
The Payee could be the person doing the work and maybe you could set up a QBI Category with subcategories to indicate the nature of the work.
Right now I am posting my time to my iCalendar with a specific category for the rentals, color coded blue different from anything else. I post the hours by changing the calendar period of the day actually done, and entering a detail description of what was done that day in the description line. I bought an app TimeTable 3 that sucks out the calendar items by category and puts it into a spreadsheet by date. I can add and segment using spreadsheet functions. I believe this meets the QBI documentation. We shall see
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Now running Quicken Windows Subscription, Home & Business
Retired "Certified Information Systems Auditor" & Bank Audit VP
Unfortunately this feature isn't available in Quicken.
I'm going to change this post into an idea thread so other users can vote on this feature.
Thank you for your contribution to the community!
-Quicken Tyka
I would create an Idea thread so other users can vote to have the feature added.
-Quicken Tyka
You could use the Tags for the rental properties to keep track of which one you were working on.
The Payee could be the person doing the work and maybe you could set up a QBI Category with subcategories to indicate the nature of the work.
Jim
Hello @Jimedh
Thank you for taking the time to visit the Community to post your question, although I apologize that this feature isn't currently offered.
Be sure to navigate to the top of this post and click the up arrow to add your vote!
Ideas are reviewed by our development team to see what people would like to be available in the future.
Thank you,
-Quicken Tyka