QuickBooks Online Advanced vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online Advanced
Score 8.6 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Thomson Reuters CS Professional Suite
Score 6.7 out of 10
N/A
Thomson Reuters CS Professional Suite is integrated tax and accounting software that manages the operations of legal firms. It is used to collect client data, and post finished tax returns, from managing client engagements to practice management.N/A
Pricing
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
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
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Features
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online Advanced
9.0
Ratings
16% above category average
Thomson Reuters CS Professional Suite
8.5
Ratings
11% above category average
API for custom integration8.20 Ratings8.00 Ratings
Plug-ins9.90 Ratings9.00 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online Advanced
9.1
Ratings
9% above category average
Thomson Reuters CS Professional Suite
8.2
Ratings
2% below category average
Single sign-on capability9.30 Ratings8.30 Ratings
Role-based user permissions9.00 Ratings8.10 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online Advanced
8.4
Ratings
6% above category average
Thomson Reuters CS Professional Suite
7.2
Ratings
9% below category average
Dashboards8.80 Ratings8.10 Ratings
Standard reports8.80 Ratings8.00 Ratings
Custom reports7.70 Ratings5.60 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online Advanced
9.3
Ratings
18% above category average
Thomson Reuters CS Professional Suite
8.6
Ratings
10% above category average
Accounts payable9.40 Ratings8.00 Ratings
Accounts receivable9.70 Ratings8.00 Ratings
Cash management9.10 Ratings10.00 Ratings
Bank reconciliation9.50 Ratings10.00 Ratings
Expense management9.70 Ratings10.00 Ratings
Time tracking9.70 Ratings9.00 Ratings
Multi-currency support9.70 Ratings7.10 Ratings
Multi-division support7.50 Ratings8.00 Ratings
Regulations compliance9.20 Ratings10.00 Ratings
Electronic tax filing9.50 Ratings8.00 Ratings
Self-service portal9.80 Ratings9.00 Ratings
Primary and Secondary Ledgers9.90 Ratings8.00 Ratings
Intercompany Accounting7.40 Ratings8.00 Ratings
Journals and Reconciliations9.60 Ratings8.00 Ratings
Enterprise Accounting8.50 Ratings8.00 Ratings
Configurable Accounting9.80 Ratings8.00 Ratings
Centralized Rules Framework9.50 Ratings9.00 Ratings
Standardized Processes9.10 Ratings9.10 Ratings
Fixed asset management00 Ratings9.00 Ratings
Localizations00 Ratings8.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online Advanced
9.6
Ratings
27% above category average
Thomson Reuters CS Professional Suite
10.0
Ratings
31% above category average
Inventory tracking9.60 Ratings00 Ratings
Location management00 Ratings10.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online Advanced
9.5
Ratings
21% above category average
Thomson Reuters CS Professional Suite
-
Ratings
Pricing9.80 Ratings00 Ratings
Order entry9.90 Ratings00 Ratings
Credit card processing8.80 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online Advanced
-
Ratings
Thomson Reuters CS Professional Suite
10.0
Ratings
26% above category average
Pay calculation00 Ratings10.00 Ratings
Best Alternatives
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 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
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Likelihood to Recommend
9.5
(0 ratings)
8.5
(0 ratings)
Likelihood to Renew
9.9
(0 ratings)
-
(0 ratings)
Usability
9.9
(0 ratings)
8.9
(0 ratings)
Support Rating
-
(0 ratings)
9.9
(0 ratings)
Online Training
9.1
(0 ratings)
-
(0 ratings)
Implementation Rating
6.4
(0 ratings)
-
(0 ratings)
Configurability
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Likelihood to Recommend
QuickBooks Online Advanced is best suited for small businesses who don’t have any consolidation considerations. Additionally, the software tends to struggle when there are a large number of projects. The report screens will struggle to load at times and it will be difficult to view reports. However, it does really well at creating an all-in-one solution for companies who need payroll, accounting, and tax compliance in a relatively inexpensive bundle.
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Fixed Assets. CS offers an excellent selection of built-in asset and depreciation related reports including Asset detail, asset list, property detail, and much much more. They also have a ton of forms such as 4255,4562,4792 and other worksheets in the application. All these reports can be easily customized, which allows you to specifically tailor them to your company's client. They can also be exported to Excel as well.
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Pros
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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  • It is excel based which makes it easier to input information.
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Cons
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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  • Customization of some timestamp functions for a country other than the United States is relatively limited.
  • As well as the Spanish language does not have support or usability on the platform, which although it is not a major inconvenience if it slows down the use for some of our collaborators.
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Likelihood to Renew
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
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Usability
QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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I give the rating of an 8 because the users in my company have little or no complaints when using the software. There are many features and add-ons for the program which allow for deep customization that they can tailor to each client individually which allows them to provide world-class services that help our firm succeed. On top of the features, implementation is seamless, and creating accounts is a breeze from the Administration side.
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Reliability and Availability
No issue at any time with Availability
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Performance
It can be access at any time and reports is generate in less than a minute
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No answers on this topic
Support Rating
No answers on this topic
They are great, their support and knowledge in the implementation and after-sales service was really incredible.

Although the cost of its tailor-made reporting service is somewhat expensive and inflexible, once the survey was carried out and the plan was drawn up, it was fully fulfilled in a timely manner.

We miss a support in our native language, since we only find English as a means of contact with them.
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Online Training
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Implementation Rating
I dont have any
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Alternatives Considered
QuickBooks Desktop is no longer being sold in the US, so we had to switch to the online version of the program. It is not a fully fleshed-out all-in-one solution offering everything the desktop version did. That being said, the desktop enterprise was overkill for many people.
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The support for the implementation and the customization services in custom reports made us decide on CS Professional Suite.
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Scalability
Software is very flexible
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No answers on this topic
Return on Investment
  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
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  • Not authorized to view the large scale picture of Thomson Reuters CS Suite on ROI, however, it has been a part of the business model for years with constant updates and is only getting more and more efficient as time goes on.
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ScreenShots