Microsoft Dynamics 365 Business Central vs. AccountEdge

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics 365 Business Central
Score 6.6 out of 10
N/A
Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.
$8
per month (billed annually) per user
AccountEdge
Score 6.0 out of 10
Small Businesses (1-50 employees)
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.
$20
per month
Pricing
Microsoft Dynamics 365 Business CentralAccountEdge
Editions & Modules
Dynamics 365 Business Central Team Members
$8
per month (billed annually) per user
Dynamics 365 Business Central Essentials
$70
per month (billed annually) per user
Dynamics 365 Business Central Premium
$100
per month (billed annually) per user
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
Offerings
Pricing Offerings
Microsoft Dynamics 365 Business CentralAccountEdge
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics 365 Business CentralAccountEdge
Features
Microsoft Dynamics 365 Business CentralAccountEdge
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.0
Ratings
57% below category average
AccountEdge
6.6
Ratings
16% below category average
Pay calculation2.00 Ratings10.00 Ratings
Benefit plan administration2.00 Ratings8.00 Ratings
Direct deposit files2.00 Ratings5.00 Ratings
Salary revision and increment management00 Ratings6.00 Ratings
Reimbursement management00 Ratings4.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.8
Ratings
27% below category average
AccountEdge
5.0
Ratings
42% below category average
API for custom integration5.80 Ratings00 Ratings
Plug-ins5.80 Ratings5.00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
Ratings
6% above category average
AccountEdge
9.0
Ratings
8% above category average
Single sign-on capability7.40 Ratings00 Ratings
Role-based user permissions10.00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.2
Ratings
33% below category average
AccountEdge
9.0
Ratings
13% above category average
Dashboards4.90 Ratings9.00 Ratings
Standard reports5.80 Ratings9.00 Ratings
Custom reports4.90 Ratings9.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.7
Ratings
0% below category average
AccountEdge
7.2
Ratings
8% below category average
Accounts payable7.40 Ratings9.00 Ratings
Accounts receivable6.90 Ratings9.00 Ratings
Global Financial Support5.30 Ratings00 Ratings
Primary and Secondary Ledgers5.80 Ratings00 Ratings
Journals and Reconciliations6.30 Ratings00 Ratings
Configurable Accounting5.80 Ratings00 Ratings
Standardized Processes5.80 Ratings00 Ratings
Cash management00 Ratings8.10 Ratings
Bank reconciliation00 Ratings6.00 Ratings
Expense management00 Ratings6.00 Ratings
Time tracking00 Ratings6.00 Ratings
Multi-currency support00 Ratings9.00 Ratings
Multi-division support00 Ratings9.00 Ratings
Regulations compliance00 Ratings7.00 Ratings
Electronic tax filing00 Ratings7.00 Ratings
Self-service portal00 Ratings2.70 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.9
Ratings
29% below category average
AccountEdge
8.0
Ratings
9% above category average
Inventory tracking5.80 Ratings8.00 Ratings
Automatic reordering5.80 Ratings8.00 Ratings
Location management2.00 Ratings8.00 Ratings
Manufacturing module00 Ratings8.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.7
Ratings
50% below category average
AccountEdge
8.0
Ratings
3% above category average
Pricing2.00 Ratings8.00 Ratings
Order entry5.80 Ratings9.00 Ratings
Credit card processing2.00 Ratings6.00 Ratings
Cost of goods sold2.00 Ratings9.00 Ratings
Order Orchestration6.30 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.4
Ratings
1% below category average
AccountEdge
-
Ratings
Billing Management6.30 Ratings00 Ratings
Cash and Asset Management6.30 Ratings00 Ratings
Travel & Expense Management5.80 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting5.80 Ratings00 Ratings
Period Close5.30 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
Ratings
13% above category average
AccountEdge
-
Ratings
Budgeting and Forecasting10.00 Ratings00 Ratings
Project Costing10.00 Ratings00 Ratings
Cost Capture10.00 Ratings00 Ratings
Capital Project Management8.00 Ratings00 Ratings
Customer Contract Compliance10.00 Ratings00 Ratings
Project Revenue Recognition8.00 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.2
Ratings
11% below category average
AccountEdge
-
Ratings
Project Planning and Scheduling2.00 Ratings00 Ratings
Task Insight for Project Managers2.00 Ratings00 Ratings
Project Mobile Functionality2.00 Ratings00 Ratings
Definable Resource Pools2.00 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
9.7
Ratings
27% above category average
AccountEdge
-
Ratings
Award Lifecycle Management10.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.9
Ratings
0% below category average
AccountEdge
-
Ratings
Bids Analyzed and Compared2.00 Ratings00 Ratings
Contract Authoring2.00 Ratings00 Ratings
Contract Repository2.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated5.80 Ratings00 Ratings
Supplier Management5.80 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.3
Ratings
11% above category average
AccountEdge
-
Ratings
Risk Repository5.30 Ratings00 Ratings
Control Management4.90 Ratings00 Ratings
Control Efficiency Assessments5.80 Ratings00 Ratings
Issue Detection5.30 Ratings00 Ratings
Remediation and Certification5.30 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.4
Ratings
21% below category average
AccountEdge
-
Ratings
Transportation Planning and Optimization2.00 Ratings00 Ratings
Transportation Execution Management2.00 Ratings00 Ratings
Trade and Customs Management2.00 Ratings00 Ratings
Fulfillment Management1.00 Ratings00 Ratings
Warehouse Workforce Management2.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.5
Ratings
49% below category average
AccountEdge
-
Ratings
Production Process Design2.00 Ratings00 Ratings
Production Management2.00 Ratings00 Ratings
Configuration Management2.00 Ratings00 Ratings
Work Execution2.00 Ratings00 Ratings
Manufacturing Costs2.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics 365 Business Central
3.5
Ratings
68% below category average
AccountEdge
-
Ratings
Forecasting1.00 Ratings00 Ratings
Inventory Planning2.00 Ratings00 Ratings
Performance Monitoring2.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.3
Ratings
2% above category average
AccountEdge
-
Ratings
Proposal Management2.00 Ratings00 Ratings
Product Master Data Management2.00 Ratings00 Ratings
Best Alternatives
Microsoft Dynamics 365 Business CentralAccountEdge
Small Businesses
Zoho One
Zoho One
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
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User Ratings
Microsoft Dynamics 365 Business CentralAccountEdge
Likelihood to Recommend
6.3
(0 ratings)
6.0
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
8.8
(0 ratings)
Usability
9.0
(0 ratings)
9.0
(0 ratings)
Availability
8.0
(0 ratings)
9.1
(0 ratings)
Support Rating
10.0
(0 ratings)
9.0
(0 ratings)
Implementation Rating
-
(0 ratings)
7.0
(0 ratings)
User Testimonials
Microsoft Dynamics 365 Business CentralAccountEdge
Likelihood to Recommend
It addresses well some integration and connectivity issues with other software and adapted technologies: formulation and manufacturing batching software, scanners and bar codes, inventory, financials, emailing of invoices and statement, sales and purchasing... etc. I believe it to be better suited to a medium to large company. Not as simple and seamless as we expected for migrating from another Microsoft Dynamics software product (we moved from GP to NAV). Our staff is going through a tougher time than we thought to learn some procedures. Normal growing pains?!
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If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
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Pros
  • All of the Dynamics ERP systems are fully integrated with the full family of their Office products (Word, Excel, etc.) but the true power behind Dynamics-NAV is that it comes with complete access to the source code. Although most ERP packages provide some type of a development environment, it is always a third-party software package and requires an additional expense. NAV comes with full source code access and devolvement tools out-of-the-box and requires no additional purchase. The user is able to modify pages, reports and even add additional fields to the standard tables. If your company has an internal development staff you have the ability to purchase the same full development license that the VAR has, allowing you to handle all system customizations and support in-house. The sum total of this high flexibility is that you are able to make NAV conform to your business rather than you conforming to the software.
  • In addition to the available source code, NAV provides the user with an unlimited ability to modify and build within the rich environment of C/AL code. In over 20 years of modifying the NAV product I have never had a client ask for a modification or custom functionality that I was not able to provide. Add to this the fact that NAV now includes many development points that allow the user to place their custom code inside of the system without impacting the base code. This makes the upgrade process quick and easy and avoids the common occurrence of being version locked.
  • The user interface of Dynamics NAV has been well thought out and provides a very easy to learn and use package. Master records (Customer, Vendor, Items, etc.) have been laid out in a standard format. Once you learn where fields are located on one record you have learned them all. The forms (called Pages in NAV) have a very similar structure and, by design, are uncluttered and easily customized by the user without impacting the base code. This allows each user to configure the Page to the way they work, easing the learning process and speeding up daily work and data entry.
  • The NAV environment has grown to be very feature rich in the functionality offered and provides the user with almost everything they need with the purchase of the base product. Advanced features can be added if required as can a large number of third party add-ons made exclusively for the NAV environment. Additionally, user licenses are sold as concurrent and not as named. Concurrent licenses control the number of users allowed into the system at any one time meaning that anyone can be provided with the ability to log into the system. This allows the company to setup an unlimited number of users with the ability to access the system at any given time. This allows the occasional user to share a license with other users who only need to access the system to enter a small amount of data or run a few reports. This functionality is a plus for the company with a large sales staff or outside workers who only need limited access to the system. Named licenses would require that you purchase an access license for every person who needs to access the system.
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  • Complete Macintosh accounting software solution
  • Robust inventory with price levels, quantity price breaks, and item assemblies
  • Robust Job costing including progress billing, budgets, and profitability
  • Mobile and web apps to add transactions from anywhere to sync back to your company file
  • Integrated payroll
  • Retainers and escrow accounts
  • Three levels of transactions categorization-jobs, categories, and departments
  • Multi-currency
  • Network capable for multiple simultaneous users
  • Ability to see profitability on an individual invoice
  • Company file can be transferred back and forth between Mac and Windows with NO conversion needed.
  • Can import text files of practically any kind of transaction
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Cons
  • There are not a lot of "out of the box" automation processes, for Microsoft Dynamics NAV. Different versions of NAV, have had various job scheduling functionality. However, each process that is automated, must be confirmed that it will function correctly, in an automatic mode. In our installation, most of the automation processes have been custom-developed.
  • Microsoft Dynamics NAV could have better documentation. Much of the documentation is original, from multiple versions ago. There is generally no step-by-step instructions, on performing various functions. Instead, most help is context-sensitive, obtained by pressing F1, on a particular field.
  • Older versions of Microsoft Dynamics NAV had a built-in WYSIWYG report builder, which made designing reports fairly straight-forward. Later versions (2013 and forward) rely exclusively on Visual Studio and SQL Reporting Services, which require a greater technical level of expertise, to use.
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  • Probably our biggest beef is the sales pitch a while back to incorporate their POS system Checkout that was supposed to integrate hand in glove with AccountEdge (it never really did.) Now the company has abandoned the POS program (even the website is now a 404 error page). Checkout is glitchy, and rather than improving it, they just dropped it and left users like us who bought into it unsupported. That doesn't reflect well on the company's customer service in our view. We've been AccountEdge users from back when it was MYOB, but our confidence in their future dependability has been strongly impacted by this move, and if something else came along, our hard-earned loyalty might not be as firm as it has been in the past.
  • Some tasks in AccountEdge take a long time to complete (go get a coffee while the spinning beachball turns).
  • Don't know the feasibility, but it would be nice to have access to older transactions, maybe even in some kind of read-only format.
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Likelihood to Renew
We've already decided to continue using this software. It is too expensive for us to upgrade so we made a workaround by using the virtual computer with Windows XP installed on it. We did research replacing this software, but it was a better financial decision to keep what we had instead
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Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
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Usability
Best in terms of reporting or coming up with a great dashboard. Seamlessly collaborated with teams without depending on particular device as its web version is the buddy for people with work flexibility. Licensing price and integrations can be the areas of improvement and can simplify the interface which will be easy for a new user.
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The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
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Reliability and Availability
No answers on this topic
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
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Support Rating
It provides one to efficiently be able to manage bookkeeping and inventory without much challenges. One can easily navigate through workflow processes while managing usages and budgets. Being able to produce reports in Word, Excel or PDF means one is able to have a working document to produce trends and graphs or produce pivot tables.
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On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
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Implementation Rating
No answers on this topic
unfortunately no.
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Alternatives Considered
Dynamics fits the modern world, integrating new technology to ensure a complete business process is readily accessible in a rapidly moving world of "in-office" and "remote" work. It solves the need for several departments and streamlines procurement, warehouse, and finance processes.
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My hands down preference is to keep my accounting off of the cloud but that is not always the case with my clients. So, to make this comparison somewhat fair I will consider only the items containing parity in cloud vs desktop. AccountEdge vs Xero. AccountEdge has superior interface and key response because an internet connection is generally not as responsive as localized software. Period. I also feel that AccountEdge is far more robust in features as well as how my data is presented (visually). I require uniform naming/wording conventions so I can better assimilate data. While this is possible in Xero, it's not as easy to accomplish because of screen response and keyboard workflow. Mouse oriented vs. keyboard oriented. AccountEdge vs QuickBooks for Mac. Succinctly put: cross-platform. AccountEdge data files do not require "saving as" Windows copies or any other such nonsense conversion. They just work equally well on either platform. So for users whose platforms do not match their accountant's, there is simply no issue. Additionally, Acclivity will give a user's accountant a copy of the software for free.
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Return on Investment
  • Better visibility of ROI throughout each period. Orders entered, shipped, and backlogs are very visible to authorized users upon login.
  • Purchasing and inventory turns have been better realized. Out of stock parts reduced.
  • A future customer portal will enhance the customer experience by pulling NAC data into a web-based UI. However, the portal is a separate expense.
  • Time savings realized by being able to generate views or reports versus asking IT or accounting to pull a custom report.
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  • If I didn't have AccountEdge, I would have to make do with Excel spreadsheets, or go back to paper, as I did before 1995, and I wouldn't be able to access client information as easily as I can here.
  • It allows me to manage cash easily, so if clients are slow-paying, I can borrow funds to meet expenses, without incurring overdraft fees, until they come through.
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ScreenShots

AccountEdge Screenshots

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