QuickBooks Online Essentials is a mid-tier, cloud-based accounting plan for small businesses needing more than basic tracking, offering core features like income/expense management, invoicing, bill pay, and time tracking for up to three users, bridging the gap between the simpler Simple Start and plus versions. It allows businesses to manage cash flow, create professional invoices, pay vendors, track bills, run reports, and manage 1099 contractors, all accessible from anywhere with secure data backups.
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