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
QuickBooks Desktop Premier
Score 8.1 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.
N/A
Pricing
AccountEdge
QuickBooks Desktop Premier
Editions & Modules
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
No answers on this topic
Offerings
Pricing Offerings
AccountEdge
QuickBooks Desktop Premier
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
AccountEdge
QuickBooks Desktop Premier
Features
AccountEdge
QuickBooks Desktop Premier
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountEdge
6.6
6 Ratings
15% below category average
QuickBooks Desktop Premier
9.0
48 Ratings
16% above category average
Pay calculation
10.06 Ratings
7.046 Ratings
Benefit plan administration
8.04 Ratings
10.020 Ratings
Direct deposit files
5.04 Ratings
8.036 Ratings
Salary revision and increment management
6.05 Ratings
9.927 Ratings
Reimbursement management
4.03 Ratings
10.030 Ratings
Security
Comparison of Security features of Product A and Product B
AccountEdge
9.0
7 Ratings
8% above category average
QuickBooks Desktop Premier
10.0
50 Ratings
18% above category average
Role-based user permissions
9.07 Ratings
10.041 Ratings
Single sign-on capability
00 Ratings
10.044 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountEdge
9.0
7 Ratings
13% above category average
QuickBooks Desktop Premier
8.2
59 Ratings
4% above category average
Dashboards
9.04 Ratings
9.050 Ratings
Standard reports
9.07 Ratings
9.058 Ratings
Custom reports
9.06 Ratings
6.556 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountEdge
7.2
8 Ratings
8% below category average
QuickBooks Desktop Premier
8.3
62 Ratings
7% above category average
Accounts payable
9.08 Ratings
10.060 Ratings
Accounts receivable
9.08 Ratings
10.061 Ratings
Cash management
8.12 Ratings
10.056 Ratings
Bank reconciliation
6.08 Ratings
10.059 Ratings
Expense management
6.06 Ratings
10.058 Ratings
Time tracking
6.04 Ratings
5.028 Ratings
Multi-currency support
9.03 Ratings
9.018 Ratings
Multi-division support
9.02 Ratings
7.033 Ratings
Regulations compliance
7.02 Ratings
1.819 Ratings
Electronic tax filing
7.04 Ratings
10.028 Ratings
Self-service portal
2.71 Ratings
5.018 Ratings
Fixed asset management
00 Ratings
5.040 Ratings
Global Financial Support
00 Ratings
5.04 Ratings
Primary and Secondary Ledgers
00 Ratings
7.06 Ratings
Intercompany Accounting
00 Ratings
10.010 Ratings
Localizations
00 Ratings
10.02 Ratings
Journals and Reconciliations
00 Ratings
10.015 Ratings
Enterprise Accounting
00 Ratings
10.07 Ratings
Configurable Accounting
00 Ratings
10.08 Ratings
Centralized Rules Framework
00 Ratings
10.05 Ratings
Standardized Processes
00 Ratings
10.09 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountEdge
8.0
6 Ratings
9% above category average
QuickBooks Desktop Premier
2.9
36 Ratings
87% below category average
Inventory tracking
8.06 Ratings
1.735 Ratings
Automatic reordering
8.01 Ratings
1.015 Ratings
Location management
8.03 Ratings
8.019 Ratings
Manufacturing module
8.02 Ratings
1.017 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountEdge
8.0
7 Ratings
4% above category average
QuickBooks Desktop Premier
8.0
40 Ratings
4% above category average
Pricing
8.05 Ratings
10.030 Ratings
Order entry
9.05 Ratings
10.031 Ratings
Credit card processing
6.05 Ratings
10.028 Ratings
Cost of goods sold
9.06 Ratings
10.036 Ratings
Order Orchestration
00 Ratings
10.03 Ratings
End-to-end order visibility
00 Ratings
1.04 Ratings
Order exception Resolution
00 Ratings
5.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
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).
We really think that ANY typical business would be a reasonable fit for QuickBooks Desktop Premier. While not necessary, even a comparatively unexperienced accounting person could look at the "Home" screen and follow their nose thru typical daily accounting processes without much detailed knowledge. Reporting is simple, looking up customer info and prior transactions is simple, looking up vendors and prior payments is simple... all in all, quite straightforward. I really can't think of an instance where it would be 'less appropriate'.
AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
Support for older versions of QuickBooks ends after three years, then users must purchase the newest version at full price. Renewals should be deeply discounted for existing users.
I would like to see better in-product inventory tracking, so we can choose LIFO or FIFO rather than the ambiguous "average cost" method.
I would like to be able to assign payroll taxes to jobs for better job costing.
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
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
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.
We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
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!
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.
This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
We receive referrals from satisfied QuickBooks clients.