Accounting Power vs. QuickBooks Desktop Premier

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Power
Score 8.3 out of 10
N/A
Accounting Power is an accounting system sold to professional accountants, that aims to enable users to control every aspect of an accounting practice and can overcome the challenges imposed by accounting systems that are sold directly to clients. in addition, Accounting Power includes capabilities for write-up and trial balance work and tools to create customizable financials, along with A/P, A/R, job costing, and inventory. Users can manage clients…N/A
QuickBooks Desktop Premier
Score 8.3 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
Accounting PowerQuickBooks Desktop Premier
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting PowerQuickBooks Desktop Premier
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Accounting PowerQuickBooks Desktop Premier
Considered Both Products
Accounting Power
QuickBooks Desktop Premier

No answer on this topic

Top Pros
Top Cons
Features
Accounting PowerQuickBooks Desktop Premier
Customization
Comparison of Customization features of Product A and Product B
Accounting Power
4.0
1 Ratings
55% below category average
QuickBooks Desktop Premier
1.3
20 Ratings
138% below category average
API for custom integration4.01 Ratings1.315 Ratings
Plug-ins00 Ratings1.320 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Power
9.5
1 Ratings
19% above category average
QuickBooks Desktop Premier
7.4
49 Ratings
6% below category average
Single sign-on capability10.01 Ratings4.843 Ratings
Role-based user permissions9.01 Ratings10.040 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Power
8.0
1 Ratings
5% above category average
QuickBooks Desktop Premier
6.8
57 Ratings
11% below category average
Dashboards7.01 Ratings4.848 Ratings
Custom reports9.01 Ratings7.854 Ratings
Standard reports00 Ratings7.856 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Power
8.5
1 Ratings
14% above category average
QuickBooks Desktop Premier
7.1
60 Ratings
4% below category average
Accounts payable9.01 Ratings7.058 Ratings
Accounts receivable9.01 Ratings7.059 Ratings
Cash management8.01 Ratings8.054 Ratings
Bank reconciliation10.01 Ratings8.057 Ratings
Expense management9.01 Ratings6.156 Ratings
Multi-division support6.01 Ratings7.033 Ratings
Journals and Reconciliations8.01 Ratings7.014 Ratings
Standardized Processes9.01 Ratings4.37 Ratings
Time tracking00 Ratings5.028 Ratings
Fixed asset management00 Ratings5.139 Ratings
Multi-currency support00 Ratings9.018 Ratings
Regulations compliance00 Ratings1.819 Ratings
Electronic tax filing00 Ratings10.028 Ratings
Self-service portal00 Ratings8.017 Ratings
Global Financial Support00 Ratings9.03 Ratings
Primary and Secondary Ledgers00 Ratings7.06 Ratings
Intercompany Accounting00 Ratings9.08 Ratings
Localizations00 Ratings5.01 Ratings
Enterprise Accounting00 Ratings9.05 Ratings
Configurable Accounting00 Ratings7.16 Ratings
Centralized Rules Framework00 Ratings9.93 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Desktop Premier
8.9
47 Ratings
17% above category average
Pay calculation00 Ratings7.046 Ratings
Benefit plan administration00 Ratings10.020 Ratings
Direct deposit files00 Ratings8.036 Ratings
Salary revision and increment management00 Ratings9.927 Ratings
Reimbursement management00 Ratings9.529 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Desktop Premier
2.9
36 Ratings
83% below category average
Inventory tracking00 Ratings1.735 Ratings
Automatic reordering00 Ratings1.015 Ratings
Location management00 Ratings8.019 Ratings
Manufacturing module00 Ratings1.017 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Desktop Premier
7.0
38 Ratings
6% below category average
Pricing00 Ratings10.030 Ratings
Order entry00 Ratings10.031 Ratings
Credit card processing00 Ratings7.027 Ratings
Cost of goods sold00 Ratings6.334 Ratings
Order Orchestration00 Ratings10.03 Ratings
End-to-end order visibility00 Ratings1.04 Ratings
Order exception Resolution00 Ratings5.01 Ratings
Best Alternatives
Accounting PowerQuickBooks Desktop Premier
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Accounting PowerQuickBooks Desktop Premier
Likelihood to Recommend
9.0
(1 ratings)
3.0
(63 ratings)
Likelihood to Renew
10.0
(1 ratings)
1.3
(12 ratings)
Usability
10.0
(1 ratings)
7.0
(14 ratings)
Availability
-
(0 ratings)
8.9
(5 ratings)
Performance
-
(0 ratings)
5.7
(4 ratings)
Support Rating
7.0
(1 ratings)
1.1
(12 ratings)
Online Training
-
(0 ratings)
1.0
(1 ratings)
Implementation Rating
8.0
(1 ratings)
7.2
(7 ratings)
Configurability
-
(0 ratings)
9.0
(1 ratings)
Ease of integration
-
(0 ratings)
7.0
(1 ratings)
Product Scalability
-
(0 ratings)
6.2
(4 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
Accounting PowerQuickBooks Desktop Premier
Likelihood to Recommend
AccountantsWorld
Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
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Intuit
QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
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Pros
AccountantsWorld
  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
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Intuit
  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
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Cons
AccountantsWorld
  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
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Intuit
  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
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Likelihood to Renew
AccountantsWorld
I do not see a good alternative in the market
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Intuit
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.
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Usability
AccountantsWorld
It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
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Intuit
QuickBooks is an amazing tool that provides all of the necessary features needed to run the finances of a company. I would like for QuickBooks to provide better resources for training. There are many features that go unused because of lack of knowledge. Procore offers chatting and calls on their platform and they make it easy and accessible to get answers and solutions.
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Reliability and Availability
AccountantsWorld
No answers on this topic
Intuit
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
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Performance
AccountantsWorld
No answers on this topic
Intuit
It takes forever to load.
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Support Rating
AccountantsWorld
Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
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Intuit
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
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Implementation Rating
AccountantsWorld
Seek out others who have done it and learn from them.
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Intuit
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.
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Alternatives Considered
AccountantsWorld
I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
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Intuit
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.
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Scalability
AccountantsWorld
No answers on this topic
Intuit
They're getting better. Still room for improvement.
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Return on Investment
AccountantsWorld
  • Allowed for standardized processes
  • Improved efficiency in disbursement processing
  • Bank feed is easily broken
  • ACH payment options are not well established
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Intuit
  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
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ScreenShots

Accounting Power Screenshots

Screenshot of Accounting Power HomepageScreenshot of Bill managementScreenshot of CAS DashboardScreenshot of CFO DashboardScreenshot of Pertinent Print FinancialsScreenshot of Trial balance worksheet