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11 Ratings
Top Rated
241 Ratings
11 Ratings
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Score 8.7 out of 101
Top Rated
241 Ratings
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Score 8.1 out of 101

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Likelihood to Recommend

Acumatica 5.0

As I have only used it in one business I can't say too much how relevant it would be for other types of business, eg Retail or Manufacturing. It doesn't appear to be specifically set up for ecommerce.

We wholesale products and it works well for that kind of business model.
Justin Leflaive profile photo

QuickBooks Premier

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.
No photo available

Feature Rating Comparison

Customization

Acumatica 5.0
7.0
QuickBooks Premier
7.3
API for custom integration
Acumatica 5.0
7.0
QuickBooks Premier
7.3
Plug-ins
Acumatica 5.0
QuickBooks Premier
7.3

Security

Acumatica 5.0
7.0
QuickBooks Premier
8.9
Role-based user permissions
Acumatica 5.0
7.0
QuickBooks Premier
9.1
Single sign-on capability
Acumatica 5.0
QuickBooks Premier
8.6

Reporting & Analytics

Acumatica 5.0
6.7
QuickBooks Premier
8.3
Dashboards
Acumatica 5.0
4.0
QuickBooks Premier
8.4
Standard reports
Acumatica 5.0
7.0
QuickBooks Premier
8.3
Custom reports
Acumatica 5.0
9.0
QuickBooks Premier
8.1

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
QuickBooks Premier
7.5
Accounts payable
Acumatica 5.0
10.0
QuickBooks Premier
9.2
Accounts receivable
Acumatica 5.0
8.0
QuickBooks Premier
9.2
Global Financial Support
Acumatica 5.0
5.0
QuickBooks Premier
5.0
Intercompany Accounting
Acumatica 5.0
9.0
QuickBooks Premier
8.4
Journals and Reconciliations
Acumatica 5.0
10.0
QuickBooks Premier
8.7
Standardized Processes
Acumatica 5.0
8.0
QuickBooks Premier
9.3
Cash management
Acumatica 5.0
QuickBooks Premier
7.6
Bank reconciliation
Acumatica 5.0
QuickBooks Premier
8.5
Expense management
Acumatica 5.0
QuickBooks Premier
8.8
Time tracking
Acumatica 5.0
QuickBooks Premier
8.0
Fixed asset management
Acumatica 5.0
QuickBooks Premier
8.4
Multi-currency support
Acumatica 5.0
QuickBooks Premier
8.7
Multi-division support
Acumatica 5.0
QuickBooks Premier
5.7
Regulations compliance
Acumatica 5.0
QuickBooks Premier
2.9
Electronic tax filing
Acumatica 5.0
QuickBooks Premier
9.2
Self-service portal
Acumatica 5.0
QuickBooks Premier
7.5
Primary and Secondary Ledgers
Acumatica 5.0
QuickBooks Premier
5.6
Localizations
Acumatica 5.0
QuickBooks Premier
5.0
Enterprise Accounting
Acumatica 5.0
QuickBooks Premier
9.0
Configurable Accounting
Acumatica 5.0
QuickBooks Premier
6.9
Centralized Rules Framework
Acumatica 5.0
QuickBooks Premier
6.5

Inventory Management

Acumatica 5.0
8.5
QuickBooks Premier
6.0
Inventory tracking
Acumatica 5.0
9.0
QuickBooks Premier
7.7
Location management
Acumatica 5.0
8.0
QuickBooks Premier
9.0
Automatic reordering
Acumatica 5.0
QuickBooks Premier
4.3
Manufacturing module
Acumatica 5.0
QuickBooks Premier
3.0

Order Management

Acumatica 5.0
9.3
QuickBooks Premier
9.7
Pricing
Acumatica 5.0
10.0
QuickBooks Premier
9.7
Order entry
Acumatica 5.0
9.0
QuickBooks Premier
9.7
Cost of goods sold
Acumatica 5.0
8.0
QuickBooks Premier
9.5
End-to-end order visibility
Acumatica 5.0
10.0
QuickBooks Premier
10.0
Credit card processing
Acumatica 5.0
QuickBooks Premier
9.0
Order Orchestration
Acumatica 5.0
QuickBooks Premier
10.0

Subledger and Financial Process

Acumatica 5.0
6.8
QuickBooks Premier
Automated Invoice Processing
Acumatica 5.0
7.0
QuickBooks Premier
Customer Collections
Acumatica 5.0
7.0
QuickBooks Premier
Cash Management
Acumatica 5.0
7.0
QuickBooks Premier
Period Close
Acumatica 5.0
6.0
QuickBooks Premier

Payroll Management

Acumatica 5.0
QuickBooks Premier
8.2
Pay calculation
Acumatica 5.0
QuickBooks Premier
9.2
Benefit plan administration
Acumatica 5.0
QuickBooks Premier
7.1
Direct deposit files
Acumatica 5.0
QuickBooks Premier
9.5
Salary revision and increment management
Acumatica 5.0
QuickBooks Premier
7.6
Reimbursement management
Acumatica 5.0
QuickBooks Premier
7.6

Accounting Firm BPO Features

Acumatica 5.0
QuickBooks Premier
5.7
Branded client dashboards
Acumatica 5.0
QuickBooks Premier
7.6
Client data roll-up capabilities
Acumatica 5.0
QuickBooks Premier
5.0
Client data consolidation for benchmarking
Acumatica 5.0
QuickBooks Premier
5.0
Configurable alerts
Acumatica 5.0
QuickBooks Premier
5.0
Billing bypass
Acumatica 5.0
QuickBooks Premier
5.0
Client template cloning
Acumatica 5.0
QuickBooks Premier
5.0
Single sign-on
Acumatica 5.0
QuickBooks Premier
7.6
Configurable client onboarding questions
Acumatica 5.0
QuickBooks Premier
5.0
Cross-client workflow management
Acumatica 5.0
QuickBooks Premier
5.0
Industry-specific versioning
Acumatica 5.0
QuickBooks Premier
7.6
Legacy system data migration
Acumatica 5.0
QuickBooks Premier
5.0

Pros

  • Generic Inquiries are a very easy way to create custom reports.
  • The automation schedules are useful, we use these for confirming of shipments, creating invoices and emailing them. Reduces workload.
  • Open for integration with other software. We find the ease of connection to MS PowerBI very useful.
Justin Leflaive profile photo
  • 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.
No photo available

Cons

  • The CRM module is very basic.
  • There is no supplier remittance function.
  • The API is basic, our ecommerce integration has had to be built nearly from scratch.
Justin Leflaive profile photo
  • Reporting - it would be nice to have an option to remove subaccounts when certain reports are generated.
  • The program could be more flexible in the reporting area. For instance, accumulated depreciation is sometimes presented before the fixed asset accounts on the balance sheet. It would be nice if rows and columns could be manipulated more to get a better looking report.
No photo available

Likelihood to Renew

Acumatica 5.09.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive profile photo
QuickBooks Premier5.3
Based on 12 answers
Love it on a cost benefit schedule and the use of the program in the market.
No photo available

Usability

No score
No answers yet
No answers on this topic
QuickBooks Premier7.9
Based on 9 answers
Clients with limited accounting background can learn to use the system effectively with limited training.
No photo available

Reliability and Availability

No score
No answers yet
No answers on this topic
QuickBooks Premier8.9
Based on 5 answers
It has been a cery stable program
Andrew Newman CPA profile photo

Performance

No score
No answers yet
No answers on this topic
QuickBooks Premier5.7
Based on 4 answers
It takes forever to load.
No photo available

Support

No score
No answers yet
No answers on this topic
QuickBooks Premier7.4
Based on 7 answers
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.
Silvia Evans profile photo

Implementation

No score
No answers yet
No answers on this topic
QuickBooks Premier7.2
Based on 7 answers
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.
Cristine Delos Santos profile photo

Alternatives Considered

NetSuite is much more expensive and is difficult to customise or integrate.
SAP is a more complex and powerful system, but several times more expensive to implement and run.
Justin Leflaive profile photo
Intuit is essentially the industry standard. We upgrade every year since at least one of our clients upgrades as well. So many of our new clients come to us with the program already being utilized and are familiar with it. It has virtually become the default accounting software at this time.
John Coleman profile photo

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
QuickBooks Premier8.1
Based on 27 answers
Handling a lot of clients from different industries like professional service providers (photography and catering service), construction, and retail, QuickBooks makes it easier to configure or customize its interface based on their respective industry or business type. It greatly helps our bookkeepers provide the best service we can give to our clients and achieve client satisfaction.
Cristine Delos Santos profile photo

Scalability

No score
No answers yet
No answers on this topic
QuickBooks Premier6.2
Based on 4 answers
They're getting better. Still room for improvement.
No photo available

Return on Investment

  • Time to match customer payments has decreased by approximately 30%.
  • Time to enter sales orders has decreased by approx 10%.
  • It has enabled up to easily access our system remotely, meaning we are able to be more flexible in our work.
Justin Leflaive profile photo
  • 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.
John Coleman profile photo

Pricing Details

Acumatica 5.0

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

QuickBooks Premier

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details