AccountEdge vs. QuickBooks Self-Employed (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
N/A
A now discontinued accounting solution, QuickBooks Self-Employed featured tools to help the self-employed drive growth and financial stability. It is replaced by the more advanced QuickBooks Solopreneur.N/A
Pricing
AccountEdgeQuickBooks Self-Employed (discontinued)
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
AccountEdgeQuickBooks Self-Employed (discontinued)
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AccountEdgeQuickBooks Self-Employed (discontinued)
Features
AccountEdgeQuickBooks Self-Employed (discontinued)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountEdge
6.6
Ratings
16% below category average
QuickBooks Self-Employed (discontinued)
7.8
Ratings
1% above category average
Pay calculation10.00 Ratings10.00 Ratings
Benefit plan administration8.00 Ratings5.00 Ratings
Direct deposit files5.00 Ratings8.00 Ratings
Salary revision and increment management6.00 Ratings8.00 Ratings
Reimbursement management4.00 Ratings8.00 Ratings
Security
Comparison of Security features of Product A and Product B
AccountEdge
9.0
Ratings
8% above category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
18% above category average
Role-based user permissions9.00 Ratings10.00 Ratings
Single sign-on capability00 Ratings10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountEdge
9.0
Ratings
13% above category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
24% above category average
Dashboards9.00 Ratings10.00 Ratings
Standard reports9.00 Ratings10.00 Ratings
Custom reports9.00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountEdge
7.2
Ratings
8% below category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
25% above category average
Accounts payable9.00 Ratings10.00 Ratings
Accounts receivable9.00 Ratings10.00 Ratings
Cash management8.10 Ratings10.00 Ratings
Bank reconciliation6.00 Ratings10.00 Ratings
Expense management6.00 Ratings10.00 Ratings
Time tracking6.00 Ratings10.00 Ratings
Multi-currency support9.00 Ratings10.00 Ratings
Multi-division support9.00 Ratings10.00 Ratings
Regulations compliance7.00 Ratings10.00 Ratings
Electronic tax filing7.00 Ratings10.00 Ratings
Self-service portal2.70 Ratings10.00 Ratings
Fixed asset management00 Ratings10.00 Ratings
Global Financial Support00 Ratings10.00 Ratings
Primary and Secondary Ledgers00 Ratings10.00 Ratings
Intercompany Accounting00 Ratings10.00 Ratings
Localizations00 Ratings10.00 Ratings
Journals and Reconciliations00 Ratings10.00 Ratings
Enterprise Accounting00 Ratings10.00 Ratings
Configurable Accounting00 Ratings10.00 Ratings
Centralized Rules Framework00 Ratings10.00 Ratings
Standardized Processes00 Ratings10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountEdge
8.0
Ratings
8% above category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
31% above category average
Inventory tracking8.00 Ratings10.00 Ratings
Automatic reordering8.00 Ratings10.00 Ratings
Location management8.00 Ratings10.00 Ratings
Manufacturing module8.00 Ratings10.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountEdge
8.0
Ratings
3% above category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
26% above category average
Pricing8.00 Ratings10.00 Ratings
Order entry9.00 Ratings10.00 Ratings
Credit card processing6.00 Ratings10.00 Ratings
Cost of goods sold9.00 Ratings10.00 Ratings
Order Orchestration00 Ratings10.00 Ratings
End-to-end order visibility00 Ratings10.00 Ratings
Order exception Resolution00 Ratings10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
AccountEdge
5.0
Ratings
42% below category average
QuickBooks Self-Employed (discontinued)
10.0
Ratings
27% above category average
Plug-ins5.00 Ratings10.00 Ratings
API for custom integration00 Ratings10.00 Ratings
Best Alternatives
AccountEdgeQuickBooks Self-Employed (discontinued)
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AccountEdgeQuickBooks Self-Employed (discontinued)
Likelihood to Recommend
6.0
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
8.8
(0 ratings)
10.0
(0 ratings)
Usability
9.0
(0 ratings)
9.4
(0 ratings)
Availability
9.1
(0 ratings)
-
(0 ratings)
Support Rating
9.0
(0 ratings)
10.0
(0 ratings)
Implementation Rating
7.0
(0 ratings)
-
(0 ratings)
User Testimonials
AccountEdgeQuickBooks Self-Employed (discontinued)
Likelihood to Recommend
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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QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
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Pros
  • 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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  • Tracking expenses is as simple as swiping left and right, it couldn't be easier.
  • Running invoices through QuickBooks is simple and effective.
  • Allowing clients to pay by card or check allows you to get paid faster and give the clients multiple ways of paying invoices, which helps everyone.
  • Automatically tracking estimated quarterly taxes is very helpful and it keeps it top-of mind for each month.
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Cons
  • 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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  • There are a number of unnecessary and ongoing prompts to do small tasks, like creating a rule for certain transactions. I could do without those.
  • There are also occasional glitches with bank setup that produce duplicate transactions which can be a pain to deal with. I also haven't been able to find a way to effectively edit transactions.
  • I also wish that QBSE integrated with software like Freshbooks, Tripit and Expensify.
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Likelihood to Renew
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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No answers on this topic
Usability
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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I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
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Reliability and Availability
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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No answers on this topic
Support Rating
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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I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
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Implementation Rating
unfortunately no.
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No answers on this topic
Alternatives Considered
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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To be honest, I haven't shopped around for a bookkeeping package. I've been using TurboTax for well over a decade, and adding on QuickBooks Self-Employed (once I made the switch to freelancing) was a no-brainer. I probably could have used the program to help me keep track of employee expenses as I was working for others in the past.
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Return on Investment
  • 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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  • A positive impact on my business is, of course, keeping track of income and expenses, and approximate quarterly taxes. QuickBooks is a little better at this than Quicken, I think.
  • By using QuickBooks (and Quicken) it saves me having to spend money on an accountant. (At least up to this point.)
  • However, the time I spend on daily or weekly entries takes billable time away from other things.
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ScreenShots

AccountEdge Screenshots

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