QuickBooks Online Advanced vs Accountmate

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Our analysts compared QuickBooks Online Advanced vs Accountmate 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
Accountmate 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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AccountMate, owned by the AccountMate Software Corporation, helps medium and small-scale businesses by providing them with flexible and robust business accounting management. It can be locally installed or used as a SaaS.

It handles modular, financial, ERP and business management functions to help SMEs grow their traditional accounting methods.
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$90 Monthly
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Tailored to your specific needs
$100/User, Monthly
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Tailored to your specific needs
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Chromebook
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Mobile
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Mobile

Product Assistance

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Live Online
Videos
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Documentation
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Videos
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Email
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Knowledge Base
24/7 Live Support
Email
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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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  • Save Time: It helps confirm or eliminate software frontrunners to save time and energy, which can be invested in the business’s core objectives.  
  • Quick Research: Reduce research turnaround. Ensures no time is wasted researching modules’ features 
  • Supports New Features: Leverage support for new software features, functions and capabilities that you might not have known before.  
  • Flexible: Its flexible and scalable accounting and business management software evolves as the business expands to fit growing needs.  
  • Adaptable: Customizable source code lets it adapt to changing requirements and evolve as the business moves forward.  
  • Multi-Currency Capability: A built-in translation engine for multilingual businesses lets them conduct business on a global scale and handle numerous foreign currencies.  
  • Simplifies Payment Processing: Businesses can issue checks and post-credit card statements immediately after the invoice is generated to save time. Authorize pre-payments and payments for multiple vendors simultaneously. 
  • Free Trial: A free trial is provided for users to test before purchasing the system in full. Users can fill out a form on their website to access their complete demo 
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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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  • Modifiable Source Code: Unlike other accounting solutions that require you to change the core business processes in order to use the software, the system offers customizable mechanics with modifiable source code. It can conform to unique business process requirements as and when needed. 
  • Real-Time Information: Provides real-time business information solutions to help users understand the competition and make well-informed decisions to boost the bottom line. Its bank reconciliation module gives detailed information about the real-time cash position of the business.  
  • Data Integrity: Built-in safeguards ensure data protection using encryption technology. 
  • On-Premise or Cloud-Based: Accessible via the cloud or on remote servers. Choose between on-premise or cloud-based deployment strategies with secure data practices to fit the needs of the business. 
  • Multiple Versions: Optimized for medium and small-scale businesses and available with enterprise, express, cloud, LAN and SQL versions.  
  • AccountMate Enterprise: It provides real-time, customizable financial and business management solutions to ensure the accommodation of multiple concurrent users.  
  • AccountMate SQL: Designed for businesses that want the stability of SQL but do not have the expenditure bandwidth to afford it. It comes with modifiable source code and can be customized to fit different business processes and needs. 
  • AccountMate LAN: This fully customizable module provides businesses with data management and administrative features that evolve as the business grows.  
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Product Ranking

#151

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Accounting Software

#26

among all
Accounting Software

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User Sentiment Summary

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Great User Sentiment 27 reviews
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89%
of users recommend this product

Accountmate has a 'great' User Satisfaction Rating of 89% when considering 27 user reviews from 3 recognized software review sites.

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5.0 (2)
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4.3 (22)
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5.0 (3)

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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User-friendly interface: Accountmate's intuitive design and customizable dashboards make it easy for users of all levels to navigate and manage their accounting tasks efficiently.
Robust reporting capabilities: The software offers a wide range of customizable reports, including financial statements, cash flow statements, and balance sheets, providing users with deep insights into their financial performance.
Integration with third-party applications: Accountmate seamlessly integrates with popular business applications such as Microsoft Office, QuickBooks, and Salesforce, streamlining workflows and eliminating data entry redundancies.
Excellent customer support: Accountmate provides comprehensive technical support through phone, email, and online resources, ensuring users have prompt assistance when needed.
Scalability and flexibility: Accountmate can be tailored to meet the specific needs of businesses of all sizes, from small startups to large enterprises, offering customizable modules and features.
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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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Outdated Interface: Users complain about the outdated and cluttered user interface that makes navigation and data entry cumbersome.
Limited Customization: Accountmate offers limited customization options, making it difficult for users to tailor the software to their specific business needs.
Integration Issues: Users report frequent integration issues with other software, leading to data loss and workflow disruptions.
Lack of Mobile Support: Accountmate's lack of a mobile app or responsive web interface limits accessibility and convenience for users who need to access data on the go.
Poor Customer Support: Users express dissatisfaction with the quality and responsiveness of Accountmate's customer support, leading to unresolved issues and delays.
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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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Accountmate's customizable dashboards, user-friendly interface, and extensive reporting capabilities have earned praise from users. Its inventory management features, such as real-time stock tracking and multi-location support, are particularly well-regarded. However, some users have reported occasional performance issues and a lack of certain advanced features found in competing products. Compared to QuickBooks, Accountmate offers a more robust feature set and greater flexibility, making it better suited for larger businesses with complex accounting needs. Its multi-company and multi-currency capabilities give it an edge over Sage 50cloud, which is more suitable for small businesses. Accountmate's strong reporting and customization options set it apart from NetSuite, which excels in cloud-based scalability and integration. Accountmate is an ideal choice for businesses seeking a comprehensive accounting solution with customizable dashboards, advanced inventory management, and extensive reporting capabilities. Its user-friendly interface and flexible configuration options make it accessible to both small and large businesses.

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