Taking Deductions Quicken for IPs Quicken is the software program of choice for most of my IP clients who keep track of their business finances on a computer.
Accountants call a list of business expenses a chart of accounts.
Quicken calls it a category list. I'll show you how to fit self-employed income and expenses into the Quicken format. Many IPs jump into the program assuming that Quicken has supplied the user with an all-purpose category list that will automatically apply to their own business. Actually the Quicken category list doesn't fit most IPs. It has categories like bonus and salary.