QuickBooks Online Essentials is a version of QuickBooks Online designed for small businesses that require essential accounting features. It offers a range of functionalities to help users manage their financials efficiently. Here are some key features of QuickBooks Essentials:

Expense Tracking: Record and categorize expenses to keep track of your business spending. You can connect your bank and credit card accounts to automatically import transactions.

Income Tracking: Record sales and income to keep track of your business revenue. You can create and send professional invoices to customers.

Bank Reconciliation: Reconcile your bank and credit card accounts with your financial records to ensure accuracy.

Financial Reporting: Access essential financial reports, including Profit and Loss (Income Statement), Balance Sheet, and Cash Flow Statement, to gain insights into your business's financial health.

Sales Tax Tracking: Automatically calculate sales tax on transactions and generate sales tax reports for tax compliance.