Accounting Power vs. QuickBooks Online

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 Online
Score 8.0 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$15
per month
Pricing
Accounting PowerQuickBooks Online
Editions & Modules
No answers on this topic
Self-Employed
$15
per month
Simple Start
$25
per month
Plus
$75
per month
Advanced
$150
per month
Offerings
Pricing Offerings
Accounting PowerQuickBooks Online
Free Trial
NoYes
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 Online
Considered Both Products
Accounting Power
QuickBooks Online

No answer on this topic

Top Pros
Top Cons
Features
Accounting PowerQuickBooks Online
Customization
Comparison of Customization features of Product A and Product B
Accounting Power
4.0
1 Ratings
55% below category average
QuickBooks Online
2.6
68 Ratings
92% below category average
API for custom integration4.01 Ratings1.354 Ratings
Plug-ins00 Ratings3.857 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Power
9.5
1 Ratings
19% above category average
QuickBooks Online
3.7
108 Ratings
72% below category average
Single sign-on capability10.01 Ratings3.081 Ratings
Role-based user permissions9.01 Ratings4.5102 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 Online
5.4
132 Ratings
34% below category average
Dashboards7.01 Ratings4.7124 Ratings
Custom reports9.01 Ratings6.0116 Ratings
Standard reports00 Ratings5.4128 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 Online
3.8
143 Ratings
64% below category average
Accounts payable9.01 Ratings5.4122 Ratings
Accounts receivable9.01 Ratings6.0131 Ratings
Cash management8.01 Ratings6.2120 Ratings
Bank reconciliation10.01 Ratings6.3137 Ratings
Expense management9.01 Ratings5.5123 Ratings
Multi-division support6.01 Ratings1.542 Ratings
Journals and Reconciliations8.01 Ratings5.274 Ratings
Standardized Processes9.01 Ratings4.048 Ratings
Time tracking00 Ratings1.856 Ratings
Fixed asset management00 Ratings5.353 Ratings
Multi-currency support00 Ratings1.423 Ratings
Regulations compliance00 Ratings1.738 Ratings
Electronic tax filing00 Ratings5.266 Ratings
Self-service portal00 Ratings2.666 Ratings
Global Financial Support00 Ratings1.416 Ratings
Primary and Secondary Ledgers00 Ratings3.535 Ratings
Intercompany Accounting00 Ratings5.029 Ratings
Localizations00 Ratings4.121 Ratings
Enterprise Accounting00 Ratings1.825 Ratings
Configurable Accounting00 Ratings2.138 Ratings
Centralized Rules Framework00 Ratings2.924 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Online
3.1
78 Ratings
83% below category average
Pay calculation00 Ratings4.269 Ratings
Benefit plan administration00 Ratings3.732 Ratings
Direct deposit files00 Ratings4.765 Ratings
Salary revision and increment management00 Ratings1.744 Ratings
Reimbursement management00 Ratings1.446 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Online
1.3
47 Ratings
138% below category average
Inventory tracking00 Ratings1.345 Ratings
Automatic reordering00 Ratings1.222 Ratings
Location management00 Ratings1.321 Ratings
Manufacturing module00 Ratings1.317 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Power
-
Ratings
QuickBooks Online
3.7
86 Ratings
67% below category average
Pricing00 Ratings4.755 Ratings
Order entry00 Ratings4.753 Ratings
Credit card processing00 Ratings2.463 Ratings
Cost of goods sold00 Ratings3.968 Ratings
Order Orchestration00 Ratings4.621 Ratings
End-to-end order visibility00 Ratings4.620 Ratings
Order exception Resolution00 Ratings1.218 Ratings
Best Alternatives
Accounting PowerQuickBooks Online
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 Online
Likelihood to Recommend
9.0
(1 ratings)
4.2
(161 ratings)
Likelihood to Renew
10.0
(1 ratings)
2.5
(24 ratings)
Usability
10.0
(1 ratings)
4.1
(76 ratings)
Availability
-
(0 ratings)
2.1
(5 ratings)
Performance
-
(0 ratings)
1.1
(4 ratings)
Support Rating
7.0
(1 ratings)
2.2
(68 ratings)
Implementation Rating
8.0
(1 ratings)
3.0
(6 ratings)
Configurability
-
(0 ratings)
10.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.4
(2 ratings)
Product Scalability
-
(0 ratings)
1.1
(2 ratings)
Vendor post-sale
-
(0 ratings)
1.1
(2 ratings)
Vendor pre-sale
-
(0 ratings)
1.1
(2 ratings)
User Testimonials
Accounting PowerQuickBooks Online
Likelihood to Recommend
AccountantsWorld
Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review
Intuit
It seems Intuit is more interested in generating revenue than taking care of their customers. After only 28 (working) days using it, I've had to call for Help 23 times, and, in my experience, only spoken to 2 people who had an understanding of basic accounting practices and the ramifications of some of their suggested fixes on the General Ledger.
Read full review
Pros
AccountantsWorld
  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review
Intuit
  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
Read full review
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
Read full review
Intuit
  • The budgets feature leaves a lot be desired - difficult and clunky to populate and maintain.
  • Reporting for Budget vs Actual is available but the ability to reforecast based on updated data is not.
  • The rules function to default common types of expenses isn't perfect and will get confused if like amounts or a number of similar items present.
Read full review
Likelihood to Renew
AccountantsWorld
I do not see a good alternative in the market
Read full review
Intuit
It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
Read full review
Usability
AccountantsWorld
It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
Read full review
Intuit
While QuickBooks Online is generally easy to navigate, there are some features and functions that often require a Google search in order to find out where they are actually hidden. Additionally, there are some simple customization features that are surprisingly not available for an otherwise advanced program (e.g. only having a pool of 4 fonts to choose from, only having 4 very limited templates for invoicing, not color selection, etc). While I would say that about 75% of users shouldn't have a problem finding their way around with basic functions, there is a learning curve if you want to be able to dive into some of the more useful features, almost to the point that you need to have a dedicated account manager in order to use QuickBooks Online most effectively.
Read full review
Reliability and Availability
AccountantsWorld
No answers on this topic
Intuit
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
Read full review
Performance
AccountantsWorld
No answers on this topic
Intuit
There are tab issues. When I tab the field doesn't highlight and I have to backspace or delete what is in the field. Happens on the memo field and sometimes other fields. Very time consuming.
Read full review
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
Support is great, all incidents been resolved. Quickbooks Online forum is very well organized and helpful. I like the fact that they let the community contribute in resolving issues. Most or many of your answers can be found online. You can also get help on YouTube, but the easiest way to get assistance is through their chat system.
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Implementation Rating
AccountantsWorld
Seek out others who have done it and learn from them.
Read full review
Intuit
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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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
I have used Wave Accounting for another business. I selected QuickBooks Online over Wave because of the features available from QuickBooks. Wave is great since it is free, but I feel that paying for QuickBooks Online is worth it for the features. In addition there is such a robust support network and training available for QuickBooks.
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Scalability
AccountantsWorld
No answers on this topic
Intuit
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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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
Read full review
Intuit
  • It has created a lot of cost and in-efficiency whenever we need to talk to support.
  • I spent a lot of time setting up their automatic reminders for past due invoices and it worked for a couple of months and then it stopped. It's currently being worked on by their tech team but it has been months and it is still not working. It would have saved me a lot of time.
  • Their multi-currency saves time in sending invoices abroad but it's limiting when a customer wants an invoice in USD instead of a foreign currency so I have to set up different customer accounts for different currencies.
Read full review
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