Accounting Power vs. Restaurant365

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.

Incentivized

I think any business that needs to track its expenses and create a P&L and balance sheet could benefit from this program. Once you get the training on it, it really makes the whole thing a breeze, saves you time, and creates beautiful reports. I don't know any business that wouldn't need it. Maybe if your business is selling one thing, maybe it won't be worth it for you. I think the sales would need to back up the subscription price, so I would weigh that into the equation. But there is nothing R365 doesn't do. It does inventory, it does waste tracking, it gets into the nitty gritty of business.

Incentivized

• Simple layout
• Logical menu and format
• Flexibility in designing reports
• Department/location accounting

Incentivized

• Invoice tracking.
• Expense tracking.
• Sales tracking.
• Labor tracking.

Incentivized

• 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

Incentivized

• Credit cards and banks don't always connect, so sometimes you have to manually import transactions or reconnect the bank.
• When classifying transactions, the program can lag at times.

Incentivized

I do not see a good alternative in the market

Incentivized

It provides everything one needs for accounting services and then some at a price point that makes it very affordable.

Incentivized

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."

Incentivized

Seek out others who have done it and learn from them.

Incentivized

I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.

Incentivized

The sales integration and labor integration with our POS is really where it is light years better than QB. Quickbooks is good, but R365 is like QB on steroids. The drill down feature is fantastic, which QB doesn't have, and again, the sheer number of reports and customization is an asset. There is so much customization on R365 that I forgot to mention earlier on. And the level of support! You can go to their online support center and get answers so fast! You chat with a live person, not a bot, and they are real people giving you real answers.

Incentivized

• Allowed for standardized processes
• Improved efficiency in disbursement processing
• Bank feed is easily broken
• ACH payment options are not well established

Incentivized

• Accuracy! Accuracy all around.
• Now we know exactly how much money we are making, rather than a roundabout guess based off a spreadsheet.

Incentivized