Quicken Launches Innovative All-in-One App for Managing Personal and Business Finances

Revolutionizing Financial Management: Quicken Unveils Its All-in-One App

Quicken, a leading name in personal finance software, has taken a significant step in the realm of financial management with its latest product, Quicken Business & Personal. Tailored specifically for self-employed individuals and small business owners, this groundbreaking app combines the management of both business and personal finances into one streamlined platform.

Addressing a Common Challenge

Managing separate financial accounts has traditionally been a cumbersome process for those who juggle multiple income streams or small businesses. With over one in three Americans relying on a second source of income and millions starting new businesses each year, Quicken recognized the need for a solution that simplifies financial oversight. Their latest app seeks to eliminate the hassle of using multiple programs by integrating all necessary tools into one user-friendly interface.

Eric Dunn, CEO of Quicken, emphasizes the challenge many users face: "For our 40 years of experience, we've observed that managing finances can be especially challenging when business dealings intertwine with personal finances. Our new app addresses this need by offering both personal and business finance features, allowing a comprehensive view of users’ financial landscapes."

A Spectrum of Features

1. Seamless Organization

Quicken Business & Personal ensures that users can maintain organization without effort. The app automatically categorizes personal and business transactions, allowing users to tag expenses and set up customized renaming rules according to their preferences. Whether dealing with a mixed expenditure that includes both personal and business elements or simply cataloging expenses, the app provides guided onboarding and real-time support to ease any challenges.

2. Streamlined Financial Oversight

Gone are the days of toggling between multiple apps. This innovative platform provides at-a-glance insights into both personal and business finances, facilitating effortless cash flow management. In scenarios where personal funds are needed for business expenses, users can track transfers, monitor balances, and set repayment reminders in a centralized space.

3. Enhanced Cash Flow Management

Invoicing can often feel like a tedious process, but Quicken Business & Personal leverages auto-populated invoices and intuitive dashboards, significantly enhancing the billing experience. Users can create comprehensive financial reports and even monitor project expenses seamlessly. Once it's time to invoice clients, the app simplifies the task, tracking payment statuses throughout the billing journey.

4. Tax Preparation Made Simple

One of the app's standout features is its capacity for simplifying tax preparation. It maintains an accurate log of business and personal inputs, calculates deductions, and even generates necessary forms such as Schedule C or E, geared for both accountant usage and individual filing. This feature drastically reduces the time spent during tax season, ensuring users can focus on business growth rather than paperwork.

5. Empowering Personal Financial Health

Users won't miss out on personal finance management. Quicken Business & Personal integrates features from the renowned Quicken Simplifi app, providing tools for savings goal tracking, investment monitoring, and real-time spending plans to ensure a well-rounded approach to finances.

Concluding Thoughts

Quicken Business & Personal represents a substantial advancement in the financial management space. By offering an all-encompassing solution, Quicken not only empowers self-employed individuals and small business owners but also promises to enhance financial decision-making and efficiency. Users can relieve the burden of financial organization and instead focus on creating robust, sustainable businesses while enjoying a balanced personal life.

To explore the full range of features and access pricing for Quicken Business & Personal, interested users are encouraged to visit Quicken's official website.

About Quicken

With over 40 years in the industry, Quicken has supported more than 20 million customers, ensuring healthier financial lives. Recognized among CNBC's Top Fintech Companies of 2024, Quicken continues to innovate with a suite of products designed for practical financial management.

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