QuickBooks Online Advanced vs AccountEdge

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Our analysts compared QuickBooks Online Advanced vs AccountEdge based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

QuickBooks Online Advanced Software Tool
AccountEdge Software Tool

Product Basics

QuickBooks Online Advanced is a comprehensive accounting software designed to streamline financial management tasks for growing businesses. It excels in handling complex accounting needs, offering features such as advanced reporting, customizable dashboards, and automated workflows. This software is particularly well-suited for mid-sized businesses across various industries, including retail, professional services, and non-profits, due to its scalability and robust functionality.

One of the standout benefits of QuickBooks Online Advanced is its ability to support up to 25 users, making it ideal for teams that require collaborative access. Users appreciate the powerful integration capabilities with other business tools, enhancing overall productivity. Additionally, the software's advanced reporting tools provide deep insights into financial performance, aiding in strategic decision-making.

Compared to similar products, QuickBooks Online Advanced is often praised for its user-friendly interface and extensive support options. Pricing details can vary, so it's recommended to contact SelectHub for a tailored quote based on specific business needs.

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AccountEdge helps small businesses establish inventory, billing, managing contacts, creating and tracking sales and purchases. It’s compatible with both Mac and Windows operating systems. An on-premise and accounting management solution, it gives users the freedom to create an eCommerce platform where they can sell items online using Shopify, download orders directly to the account and synchronize the inventory items for selling. The banking tool gives users the freedom to receive and send money, create bank deposits, print checks and account reconciliation. The purchase order feature enables users to create and track purchase orders and bills. It handles every aspect of business and gives the owners the ability to organize, process and report financial information.

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$90 Monthly
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Tailored to your specific needs
$20 Monthly
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Tailored to your specific needs
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Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
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Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Enhanced Reporting: Gain deeper insights with advanced reporting tools that allow for customized, detailed financial reports tailored to your business needs.
  • Workflow Automation: Save time and reduce errors by automating repetitive tasks such as invoicing, bill payments, and expense tracking.
  • Custom User Permissions: Maintain control and security by assigning specific roles and permissions to team members, ensuring they only access the information they need.
  • Scalability: Easily scale your accounting processes as your business grows, accommodating more users and transactions without compromising performance.
  • Priority Customer Support: Receive faster, dedicated support from a team of experts who can help resolve issues and provide guidance on best practices.
  • Integration with Third-Party Apps: Enhance functionality by seamlessly integrating with a wide range of third-party applications, from CRM systems to payroll services.
  • Advanced Inventory Management: Keep track of inventory levels, manage stock across multiple locations, and streamline order fulfillment processes.
  • Customizable Dashboards: Monitor key performance indicators and financial metrics at a glance with dashboards that can be tailored to your specific business requirements.
  • Batch Invoicing: Improve efficiency by creating and sending multiple invoices simultaneously, reducing the time spent on billing tasks.
  • Data Backup and Security: Protect your financial data with automatic backups and robust security measures, ensuring your information is safe and recoverable.
  • Comprehensive Training Resources: Access a wealth of training materials, including webinars, tutorials, and guides, to help you and your team maximize the software's potential.
  • Custom Fields: Capture and track additional information relevant to your business by adding custom fields to invoices, sales forms, and customer records.
  • Performance Tracking: Monitor employee performance and productivity with tools that track time, expenses, and project progress.
  • Multi-Currency Support: Conduct business globally with ease by managing transactions in multiple currencies and automatically calculating exchange rates.
  • Cash Flow Management: Improve cash flow visibility and forecasting with tools that help you track income, expenses, and outstanding invoices.
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  • Quotes and invoices: Create personalized quotes and invoices. Convert quotes to invoices with a click. 
  • Cost-effective: Pay only a one-time fee charged for each plan. This means extra payments are to be made only when the users purchase available add ons.  
  • Compatibility: Use Pro on Windows or Mac or get a mobile app for iOS devices. Access data without leaving the comfort of the desktop application with Connect. Get all the desktop features with Pro Hosted.  
  • Easy Installation: Get it up, running and access a vast amount of information within minutes. Learn more about using the platform by logging in to the user forum on the community page. Enjoy the simple to use interface and flexible reporting system. 
  • Simple Reporting: Look up information in numerous ways. Drill down into accounts and transactions with the interactive balance sheet and profit and loss reports. Slice and dice data for analysis. Easily control services from quote complete to invoice delivery. 
  • Time Billing and Retainers: Review how much money a client has to deposit and what is to be billed at the end of the month. Easily log in on-site with the quick interaction on the mobile app. 
  • Reconciling Statements: Find the amount by viewing them by debits or credits. Change marked items to blue which makes scanning the remaining numbers easy. 
  • Easy Job Budgeting And Analysis: Ensure easier functionality with new buttons added under budget analysis. Edit amounts for the job, calculate and display adjusted budgets and compare the actuals, in one window. 
  • Reminders: Add promise date as a reminder for the completion of job schedule. 
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  • Customization: Its flexible nature helps businesses stay efficient and scale as needed. Multiple users can be assigned to the same role without having to repeat task selection. As a rule-based task solution, it keeps track of who has what task permissions. Customize reports with the information that matters. 
  • Reporting and Insights: Rich insights with financial statements help make sound decisions. Monthly KPI tracking helps analyze, identify and work on issues that need attention.  
  • Cash Flow: Customize reporting periods or view cash flows with auto-populated trend lines to understand revenue streams and what drives them.  
  • Custom Chart Builder: Create and edit customized dashboards to analyze important metrics. 
  • Revenue Stream Dashboard: Configure and identify all revenue sources and share reports with the designated accountant. 
  • Dedicated Account Team: Get expert advice through call, email or by scheduling an appointment with accounting experts 
  • Batch Invoicing: Send multiple invoices and import hundreds with minimal clicks.  
  • Business Expense Tracking: Take a picture and share with a mobile app that matches expenses with existing transactions. 
  • Estimates: Provide professional estimates and convert them into invoices.  
  • Bill.com Integration: Bill.com integrations simplify bill payment for multiple vendors with one click.  
  • Mileage Tracking: Track mileage deductions and categorize your trip as business or personal to ensure accurate tax deductions.  
  • 1099 Management: Get ready-to-send 1099 forms for tax time and file them accurately. 
  • Inventory Tracking: Prevent inventory shortages with its automatic quantity updating feature, which also helps control what to sell and order.  
  • Cloud Integration: Collaborate, access and manage books in real time from anywhere, anytime, as long as you have a stable internet connection. 
  • Security: Data gets backed up in the cloud, and industry-leading technology protects data and ensures privacy. 
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  • Accounts: Maintain charts of accounts. Choose from over 100 templates in Pro or create templates. Create a budget for any active account or for each job and project by tracking individual jobs. 
  • Banking: Set up and manage all bank related activities, which includes importing bank statements for reconciliations. Connect credit card and bank accounts to the application with automatic bank feed options. 
  • Contacts: Manage all customers, vendors and employees from a central location. Attach documents or contracts to vendor files, add a photo or create custom letters for the customers. 
  • Sales: Create a quote, process a sales order, create an invoice for a customer and accept customer payments for all open orders. Make shipping the product easy by integrating the invoice with UPS and providing customers with the tracking details. Place comments and choose how to deliver invoices. Create sales orders for customers that pay in advance. Accept credit card payments and record incoming payments by creating an account with Merchant Account. Manage online sales and inventory by syncing online stores using Shopify connector. Attach a document to invoices and purchases to enable tracking of warranties and package slips. 
  • Time billing: Track time and bill customers with Pro. Track billable and non-billable hours spent on the project or track employee time for billing purposes. Remotely track time using Connect. Monitor all work in progress to bill the customers as the project continues. 
  • Purchases: Create a purchase order, convert a bill to an order, enter vendor accounts payable and pay them electronically or by check. Complete vendor payment electronically and process 1099 forms at year end for contractors, using information tracked in purchases.  
  • Payroll: Set up payroll using the payroll assistant. Do the calculations inhouse or outsource through SurePayroll. Get a variety of add-on options like direct deposit, payroll forms and e-file services when processing payroll in-house. 
  • Inventory: Add details about specific items as well as selling and buying options with the Pro inventory module. Assign multiple pricing levels to the products, get an alert when the stock drops below a specified point. Keep track of best-selling products, and even build items and kits. 
  • Purge Jobs: Remove unused, older jobs from a larger list. Delete the selected job and remove it from the transaction list. 
  • Custom List and Custom Fields: Track the jobs by adding custom list and custom fields upto the count of three. Define list names, list members and field names, and use a custom list as a filter for job reports. 
  • Customized Job Status: Check which job is pending, delivered or on hold by customizing the job status. 
  • Activity Slips: Track time tied to a job under the job list Window. Drill into the activity slip or print out a report.  
  • Transactions: Get easy access to a list of all the transactions under the job information window. Get information like quotes in summary or detail. 
  • Job Number: Automatically assign job number to each line of transaction when creating a sale to a customer that has a single job associated with it. Remove or overwrite it as and when needed.  
  • Job Address: Manually enter or automatically include address and contact information for a job from a linked customer address and phone number, especially in cases where the job is associated with site or location.  
  • Job Transaction Summary Report: Get a list of transactions, including quotes and orders that are associated with the specific jobs. Filter it out on the basis of type, sales and purchase order.  
  • Emails: Use merge tags to create email templates. Include additional email addresses and choose an email address from Card. Open and view the email in the email client instead of it being automatically sent. 
  • Search Option: Search by account number or account name and use starts with/contains filters. Search account list by number or name and look by contact on the cards list. Identify unknown or forgotten company names by using search from list on transactions. 
  • Paid Stamp: Avoid confusion when re-sending a copy of a paid invoice to a client with a paid stamp which is a custom field and can appear on printed and PDF sales form. 
  • Deleting Deposits: Edit or delete the deposit payment after an order has been converted into an invoice. 
  • Calendar Event: Create a calendar event in the MacOS Calendar app, while recording the transaction or when the payment is due. Reminders can also be created from the card file. 
  • Add Note: Remember why the inventory was adjusted or created a particular job entry by adding a note to all the transactions. Check stubs and other transactions by adding a note field to the appropriate report.  
  • Forecasting with Recurring Sales: Get a more accurate estimation of financial situation at a point in time. Only get relevant fields displayed when the radio button is used. 
  • Company Data Auditor: Make sure that the financial information is accurate, protected and balanced. Backup and verify the company file with the audit tools. Lock down reconciled financial data, keep an audit trail and run reviews to make sure the numbers are in balance. 
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User Sentiment Summary

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Great User Sentiment 176 reviews
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88%
of users recommend this product

AccountEdge has a 'great' User Satisfaction Rating of 88% when considering 176 user reviews from 2 recognized software review sites.

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4.36 (88)
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4.4 (88)

Synopsis of User Ratings and Reviews

User-Friendly Design: QuickBooks Online Advanced is celebrated for its intuitive interface, which makes it easy to navigate and utilize, even for users without a deep understanding of accounting principles.
Enhanced Efficiency: The software streamlines accounting tasks, automating processes such as invoice creation and payment reminders, which many users report has led to significant time savings and increased productivity.
Advanced Functionality: QuickBooks Online Advanced offers a comprehensive suite of features, including in-depth reporting, customizable dashboards, and the capacity to manage complex transactions with up to 1000 line items, catering to the needs of growing businesses.
Business Scalability: With support for up to 25 users, QuickBooks Online Advanced is well-suited for businesses experiencing growth, allowing for collaboration and expansion as team sizes increase.
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Strong Support: Users consistently praise AccountEdge's helpful and responsive customer support team.
Desktop Functionality: Many users appreciate that AccountEdge is a desktop-based application, which they find more reliable and secure than cloud-based alternatives.
Industry-Specific Features: AccountEdge offers specialized features for various industries, such as construction and manufacturing, making it a good fit for businesses with specific accounting needs.
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Price: The monthly subscription fee can be a barrier for some, especially smaller businesses or those with tight budgets.
Customer Service: A recurring complaint from users is difficulty reaching support or receiving timely resolutions for technical issues.
Learning Curve: The software's robust feature set can be overwhelming for new users who may require additional time to learn the system.
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Usability Challenges: Some users find AccountEdge less intuitive than other accounting software options, requiring a steeper learning curve to navigate its features effectively.
Limited Features: AccountEdge may not offer the same breadth of features as some competitors, potentially lacking specific functionalities that some businesses require.
Higher Cost: AccountEdge's pricing structure can be more expensive compared to other accounting software solutions, potentially impacting budget-conscious users.
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Can QuickBooks Online Advanced make your business quick on the uptake when it comes to managing your books? User reviews from the past year suggest a resounding "yes," particularly for small to mid-sized businesses. Users rave about the platform's user-friendly interface and intuitive navigation, finding it a breeze to use compared to other accounting software they've encountered. A standout feature is the robust reporting functionality, allowing for the creation of customized reports that provide deep insights into business performance. The ability to handle a high volume of transactions, with support for up to 1000 transaction lines for invoices, is another major plus, significantly speeding up invoicing processes. However, the positive feedback is counterbalanced by some recurring criticisms. The higher cost compared to competitors like Xero or FreshBooks is a common concern, particularly for smaller businesses or startups with limited budgets. Some users also point out a steep learning curve, especially for those unfamiliar with accounting software, and express dissatisfaction with customer service, citing slow response times and occasional difficulties in resolving issues. Despite these drawbacks, the overwhelming sentiment is that QuickBooks Online Advanced is a powerful and efficient accounting solution. Its advanced features, like workflow automation and batch processing, make it ideal for businesses looking to streamline their financial operations and gain deeper financial insights.

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Want to know if AccountEdge will give you an edge in accounting? AccountEdge is a popular accounting software for small businesses, especially those familiar with desktop-based applications. Users praise its comprehensive features, including general ledger, accounts payable/receivable, invoicing, and inventory management, all without requiring a subscription like QuickBooks Online. Many find it easier to use than QuickBooks, citing its intuitive interface and logical workflow. However, some users point out its limitations for businesses with complex needs, such as limited integrations with other software and a lack of advanced reporting features. AccountEdge shines for small businesses seeking a robust, desktop-based accounting solution with a one-time purchase cost. Its ease of use and comprehensive features make it ideal for managing day-to-day finances, especially for those who prefer a traditional accounting software experience. However, businesses requiring advanced features or extensive integrations might find AccountEdge limiting and should consider cloud-based alternatives.

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