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QuickBooks Online vs AccountEdge

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Our analysts compared QuickBooks Online 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.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots
QuickBooks Online Software Tool
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AccountEdge Software Tool
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Product Basics

Analyst Rating

93 Detailed Analysis

User Sentiment

Great User Sentiment (9426 Reviews)

Analyst Rating

we're gathering data
Detailed Analysis

User Sentiment

Great User Sentiment (176 Reviews)
QuickBooks Online is a cloud-based accounting software designed for small and medium-sized businesses. It simplifies bookkeeping tasks like tracking income and expenses, managing invoices and payments, and generating financial reports. Its user-friendly interface and mobile accessibility make it ideal for entrepreneurs and non-accountants. Key benefits include automated data entry, real-time financial insights, and seamless collaboration with other online tools. Popular features include inventory management, payroll integration, and tax preparation assistance. Compared to similar products, QuickBooks Online shines in ease of use and scalability, offering tiered plans with varying features and pricing. Costs typically range from monthly subscriptions based on the number of users to additional fees for payroll and advanced features.

Pros
  • Easy to use
  • Mobile access
  • Automated tasks
  • Scalable plans
  • Integrates well
 Cons
  • Limited customization
  • Costly add-ons
  • Customer support
  • Reporting restrictions
  • Learning curve
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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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$25 Monthly
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$20 Monthly
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Tailored to your specific needs
Small
Medium
Large
Small
Medium
Large
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
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

  • Streamline Processes: Input, revise and deliver numerous invoices, expenses, checks and bills in just a few clicks with the batch invoicing module. Users may also cut and paste invoices and data from Excel into QuickBooks. 
  • Establish Permissions: Govern who may or may not review sensitive data as well as adjust custom permissions for deposits, sales, transactions and expense reports among other things with the user permissions functionality.  
  • Diminish Errors: Alleviate hazards, modify reminders and triggers, save time and initiate prompt reminders to obtain greater cash flows with the workflows accessory. 
  • Effortlessly Restore Data: Promptly back up any changes made in QuickBooks Online in addition to reviewing version histories with all changes made in its handy time log. 
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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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  • Income and Expense Tracking: Import bank, credit card, PayPal, Square and other transactions as well as promptly sort them into the right tax categories with the income and expense tracking module. Users may also take pictures of receipts with their smartphones and link them directly to expenses. 
  • Invoicing: Trace invoice statuses, deliver payment reminders to patrons, immediately match payments to invoices, accept credit cards and complete free bank transfers directly from an invoice with the invoicing attribute. 
  • Estimations: Transform estimates into invoices, validate mobile signatures, review estimate statuses and modify estimates to align with business requirements via the estimations appliance. 
  • Reporting: Create a variety of reports, including product profit and loss, expense, balance sheet, inventory, enhanced sales, profitability and other reports, through this attribute. Users may also oversee crucial financial metrics including cash flow and revenue on one dashboard. 
  • Organize Receipts: Expeditiously arrange and associate expense receipts with transactions, keeping them all in one place. 
  • Inventory Tracking: Receive alerts when inventory is running low as well as monitor products and the cost of goods with the inventory tracking system. Users may even evaluate popular items, draft purchase orders and superintend vendors.  
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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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Product Ranking

#1

among all
Accounting Software

#171

among all
Accounting Software

Find out who the leaders are

Analyst Rating Summary

93
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

QuickBooks Online
AccountEdge
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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 97 100 100 91 93 100 100 100 82 92 65 100 100 96 100 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 9426 reviews
Great User Sentiment 176 reviews
84%
of users recommend this product

QuickBooks Online has a 'great' User Satisfaction Rating of 84% when considering 9426 user reviews from 6 recognized software review sites.

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.

4.8 (23)
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4.0 (2386)
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4.4 (594)
4.36 (88)
4.3 (5581)
4.4 (88)
4.5 (26)
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4.1 (816)
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Awards

SelectHub research analysts have evaluated QuickBooks Online and concluded it deserves the award for the Best Overall Accounting Software available today and earns best-in-class honors for Accounts Receivable, Integration and Extensibility, Inventory Management, Platform Capabilities and Reporting and Analytics.

Analysts' Pick Award
Accounts Receivable Award
Integration and Extensibility Award
Inventory Management Award
Platform Capabilities Award
Reporting and Analytics Award

No awards.

Synopsis of User Ratings and Reviews

Easy to use: Intuitive interface and clear navigation make it accessible for users of various accounting experience levels.
Automated tasks: Streamlines workflows by automatically importing bank transactions, categorizing expenses, creating invoices, and sending reminders.
Real-time insights: Provides up-to-date financial information through customizable dashboards and reports, enabling informed decision-making.
Mobile accessibility: Access and manage finances anytime, anywhere with the mobile app.
Scalability: Grows with your business, offering different plans with varying features to accommodate evolving needs.
Integrations: Connects seamlessly with various business tools, such as bank accounts, payment gateways, and e-commerce platforms.
Payroll: Simplifies payroll processing, including tax calculations and direct deposits.
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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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Limited customization: Lacks flexibility in customizing certain features, such as reports and chart of accounts, compared to some alternatives.
Costly add-ons: Essential features like payroll and advanced reporting often require additional fees, increasing the overall cost of ownership.
Customer support: Mixed reviews on the quality and availability of customer support, with some users reporting delays or difficulty reaching knowledgeable representatives.
Reporting restrictions: Certain financial reports and data exports have limitations, potentially requiring workarounds or manual adjustments.
Learning curve: While generally user-friendly, some features and functionalities may have a learning curve for those new to accounting software.
Occasional glitches: Users have reported occasional bugs or glitches that can disrupt workflows, requiring troubleshooting or waiting for fixes.
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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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QuickBooks Online remains a popular choice for many users, praised for its user-friendly interface and automated features. "It feels like Intuit took the complexity out of accounting and made it accessible even for someone like me with limited accounting experience," shared a small business owner. However, user reviews also highlight limitations, particularly around customization and cost. "I love the ease of use," stated a freelancer, "but the reporting options feel restrictive. I often have to export data and work with it in Excel to get the insights I need." This sentiment, coupled with complaints about the cost of add-ons like payroll, leads some users to compare QuickBooks Online to competitors. "Xero seems to offer more flexibility and advanced features," mentioned an accountant, "but the learning curve is steeper, and the monthly subscription is higher." Ultimately, the decision comes down to individual needs and priorities. For those seeking a balance of ease of use, automation, and affordability, QuickBooks Online continues to be a strong contender. However, users with more complex accounting needs or a desire for greater customization might find themselves looking towards competitors offering more robust features, even if it comes at a higher cost or with a steeper learning curve.

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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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