NetSuite Accounting vs Manager

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

NetSuite Accounting Software Tool

Product Basics

Netsuite Accounting assists financial leaders in designing and modifying operations by pairing bookkeeping with robust compliance management to increase business performance and close proficiency. Immediate access to information offers users full visibility to study all the nooks and crannies and expeditiously fix issues. This visibility enables users to draft thorough statements and disclosures that conform to ASC 606, GAAP, SOX and other compliance requirements.

Its key accessories include tax management, general ledger, accounts receivable and payable and cash management.
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Manager, a cloud-based accounting software, streamlines financial tasks for small and medium-sized businesses. Its intuitive interface simplifies bookkeeping, from recording transactions and managing accounts payable/receivable to generating reports and filing taxes. Geared towards entrepreneurs and accountants, Manager empowers users with control and flexibility. Key benefits include automated data entry, real-time financial insights, and robust inventory management. Popular features like bank reconciliation and custom reports enhance efficiency and decision-making. Compared to similar products, Manager boasts user-friendliness, affordability (starting at around $15 per month per user), and a supportive online community. While it may lack advanced features of enterprise-level software, Manager excels as a user-centric accounting solution for growing businesses.

Pros:
  • Easy to use
  • Affordable
  • Real-time insights
  • Mobile access
  • Active community
Cons:
  • Limited reports
  • No payroll integration
  • Basic inventory management
  • Learning curve for taxes
  • Limited customer support
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Undisclosed
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$15/User, Monthly, Freemium
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Product Assistance

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Videos
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Knowledge Base
24/7 Live Support
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Product Insights

  • Find and Finish Products: Check recent activity to find the latest tasks users were working on. 
  • Log Important Information: Log and store crucial information from calls, emails, sales quotes and other forms of communication. 
  • Execute Financial Consolidations: Consolidate financials from numerous geographical regions and execute account roll-ups in real time. 
  • Smooth Integration with Inventory: Integrate Netsuite Accounting with Netsuite's Inventory management solution to receive real-time tracking information on incoming and outgoing products as well as update balance books and other financial reports. This integration will enable users to monitor and stay in the loop of their supplies. 
  • One-Click Approvals: Approve large quantities of sales orders in one click without approving them individually. 
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  • Effortless Bookkeeping: Streamline daily tasks with intuitive data entry, automated calculations, and pre-defined accounts, freeing up time for strategic planning and growth.
  • Financial Clarity at Your Fingertips: Gain instant insights into your business performance with real-time reports and dashboards, allowing you to make informed decisions based on accurate data.
  • Enhanced Efficiency and Productivity: Automate repetitive tasks like invoicing, bank reconciliation, and expense tracking, boosting team productivity and minimizing errors.
  • Scalability for Growth: Manage your finances with ease as your business expands, accommodating multiple users, currencies, and locations with flexible configurations.
  • Cost-Effective Solution: Access powerful accounting tools at an affordable price point, making Manager a budget-friendly option for small and medium-sized businesses.
  • Control and Customization: Tailor the software to your specific needs with customizable accounts, reports, and workflows, ensuring your financial data is organized and accessible.
  • Mobile Access on the Go: Manage your finances from anywhere with secure mobile access, allowing you to review reports, approve invoices, and stay connected on the move.
  • Collaborative Environment: Share financial data and collaborate with colleagues in real-time, enhancing communication and transparency within your organization.
  • Secure and Reliable: Protect your financial information with industry-standard security measures and cloud-based data storage, ensuring peace of mind and data integrity.
  • Supportive Community: Leverage the knowledge and expertise of a thriving online community, finding answers, tips, and support from fellow Manager users.
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  • Manageable Ledger: Add custom impact lines to transactions like invoices and vendor bills throughout single or numerous bookkeeping journals, reducing time in bank reconciliation, period closes and audit processes. 
  • Arrange Accounts Receivable: Perform accurate tax calculations on invoices and promptly post order transactions to general and accounts receivable ledgers for immediate tax processing and billing. 
  • Spot Account Peculiarities: Adjust dashboards, reports and KPIs for current views on customer aging, invoice analyses, repeatable invoices, deferred revenues and exception reports that catch account anomalies. 
  • Supervise Taxes: Work with the exact tax rate every time with the tax management accessory. It automatically applies the correct tax rate to purchases and is equipped with tax calculations for more than 50 countries and currencies. 
  • Insightful Cash Management: Receive immediate understandings of global transactions throughout numerous bank accounts and credit cards. Users may also review and predict cash requirements, conduct automatic bank reconciliations, swiftly deposit payments and safely develop accounting entries. 
  • Control Payments: Review and manage payment types to boost payment control with the payment management module. This module accepts several credit and debit card types and other forms of electronic payment. 
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  • Remittance Advice: Simplify the record-keeping process by informing suppliers or vendors of completed payment including, the purpose, type, invoice number and invoice date. 
  • Fixed Asset Management: Store all asset-related data and make it easy to find the specific data in a hurry. Simplify the audit and reporting process with centralized asset information. 
  • Bank Reconciliation: Prevent theft, keep mistakes at bay and identify accounting errors with bank reconciliations. Know which cash transactions cleared and which are outstanding. Check the validity of bank charges from the by account. Identify the fraudulent use of money, prevent additional charges and give the bank the time to restore the account in case of theft. 
  • Recurring Billing: Minimize the possibility of missed payments or plate payments with recurring billing. Bring greater stability to the business with revenue predictability. Ensure customer data is compliant to PCI standards. Boost flexibility, increase customer retention by making it easy for subscribers to change plans. 
  • Multi-Currency: Spend less time making accounting adjustments due to exchange rate differences. Keep money in multiple currencies in one account. Manage foreign exchanges with reduced transaction cost with convenience and simplicity. 
  • Profit And Loss Statements: Track expenses, profit and loss, revenue with detailed profit and loss statements. Present data in a digestible format and easily sort through stored data. 
  • Cash Management: Minimize excessive spending and use income efficiently. Keep a tab on how revenue is used, manage cash collections and plan expenditures. 
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Product Ranking

#5

among all
Accounting Software

#322

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 93 97 94 69 86 71 15 73 73 20 60 100 54 62 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Good User Sentiment 2235 reviews
Excellent User Sentiment 81 reviews
78%
of users recommend this product

NetSuite Accounting has a 'good' User Satisfaction Rating of 78% when considering 2235 user reviews from 4 recognized software review sites.

94%
of users recommend this product

Manager has a 'excellent' User Satisfaction Rating of 94% when considering 81 user reviews from 2 recognized software review sites.

4.9 (19)
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3.9 (1127)
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4.8 (69)
4.1 (715)
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3.5 (374)
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Awards

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SelectHub research analysts have evaluated Manager and concluded it earns best-in-class honors for Platform Capabilities. Manager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Overall Performance: Of the users who discussed the performance of this solution, 58% said it was outstanding because it has automatic updates, simplifies accounting tasks and provides accurate data.
Customizable: Precisely 68% of users who addressed this program's customization said it is easy to configure to their business needs.
Accessories: Of the users who mentioned this application's accessories, 52% said they are effective, praising specifically the customizable dashboard, search engine that saves searches and customizable accounting reports.
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Completely Free: Offers a fully-featured desktop version with no limitations, costs, or ads.
User-Friendly Interface: Intuitive design makes it easy to navigate and manage finances, even for those without accounting experience.
Flexible Chart of Accounts: Customize account structure to match specific business needs, ensuring accurate tracking and reporting.
Comprehensive Reports: Generate a wide range of financial reports, including profit and loss statements, balance sheets, cash flow statements, and more, providing valuable insights.
Offline Functionality: Access and work on accounts even without internet connectivity, ensuring productivity regardless of location.
Cross-Platform Compatibility: Works seamlessly on Windows, macOS, and Linux, providing flexibility for different operating systems.
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System Performance: Approximately 41% of the users who mentioned this program's overall performance said it was slow and experienced crashes.
Functionality: Of the users who discussed this solution's functionality, roughly 47% said it was lacking features including budget forecasting, fixed assets and support for .xlsx and .xls files.
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Limited Customization Options: Some users find certain features or reports cannot be tailored as extensively as desired, potentially hindering specific workflows.
No Dedicated Mobile App: Lacks a native mobile app, limiting on-the-go access and requiring web browser usage for cloud-based access, which may not be ideal for all users.
Basic Payroll Features: Handles essential payroll tasks but may not suffice for businesses with complex tax regulations or extensive payroll needs, potentially requiring integration with other software.
Potential Feature Lag: Some users report a delay in the implementation of highly requested features, which could impact those seeking the latest functionalities.
Cloud Version Cost: While the desktop version is free, the cloud-based version incurs a subscription fee, which may deter those seeking entirely free cloud-based accounting solutions.
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Netsuite Accounting is a thorough accounting ERP that superintends all bookkeeping tasks. Users are most fond of its performance with automatic updates, potent workflows and precise data collection as well as its string of features-including, tax management, general ledger, accounts payable and receivable, CRM, multicurrency and more-to boost productivity. It's also adjustable, so users may tailor it to meet their company needs. Although some users were disappointed with the system's sluggishness, occasional crashes and lack of budget estimating, fixed assets and support for .xlsx and .xls files, the majority find it an adequate bookkeeping software.

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Manager's user reviews in the past year paint a contrasting picture. Fans adore its free, full-featured desktop version, praising its "intuitive design" and "flexible chart of accounts" that cater to specific business needs. "Manager beats anything else free by a mile," exclaims one user, highlighting its "comprehensive reports" and "offline functionality" as major wins over cloud-based competitors. Another reviewer applauds its "cross-platform compatibility," appreciating seamless usage across Windows, macOS, and Linux.** However, some users yearn for more in-depth customization. "Limited options for tweaking reports" and "basic payroll features" leave them wanting, especially compared to paid software like QuickBooks. The lack of a native mobile app also disrupts their workflow, making on-the-go access cumbersome. And while the cloud version offers more features, its subscription fee stings some users who enjoyed the desktop's "completely free" model. Ultimately, Manager seems to shine for solopreneurs and small businesses seeking a functional, free accounting solution. Its strengths lie in user-friendliness, flexibility, and offline accessibility. However, those with complex needs or seeking advanced features might find its limitations outweigh its free price tag.

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