QuickBooks Simple Start does allow you to create estimates and convert those estimates into invoices. You can also print checks with QB Simple Start. Overall, the features are ideal for companies just starting out. The program itself does have more than 20+ built-in reports, including the basic profit and loss statements and more in-depth reporting as well. Inventory tracking is not available either with the Simple Start version. You cannot, however, track vendors, make payments to vendors, track purchase orders or file your taxes through the program. You can also import data from Excel for your QuickBooks Simple Start account, print checks and record transactions.
You can track income and expenses with Simple Start and even sync your bank account so that importing transactions from business bank accounts and credit accounts is easier. It is ideal for companies just getting started – so it will be all you need for the most part. When it comes to accounting and business tasks, QuickBooks Simple Start is very basic.