What users are saying about

Acumatica 5.0

10 Ratings

QuickBooks Premier

Top Rated
234 Ratings

Acumatica 5.0

10 Ratings
Score 8.5 out of 101

QuickBooks Premier

Top Rated
234 Ratings
Score 8.3 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
8.8
Role-based user permissions
Acumatica 5.0
7.0
QuickBooks Premier
9.0
Single sign-on capability
Acumatica 5.0
QuickBooks Premier
8.6

Reporting & Analytics

Acumatica 5.0
6.7
QuickBooks Premier
8.5
Dashboards
Acumatica 5.0
4.0
QuickBooks Premier
8.7
Standard reports
Acumatica 5.0
7.0
QuickBooks Premier
8.6
Custom reports
Acumatica 5.0
9.0
QuickBooks Premier
8.3

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
QuickBooks Premier
7.9
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
8.6
Bank reconciliation
Acumatica 5.0
QuickBooks Premier
9.3
Expense management
Acumatica 5.0
QuickBooks Premier
9.1
Time tracking
Acumatica 5.0
QuickBooks Premier
8.0
Fixed asset management
Acumatica 5.0
QuickBooks Premier
8.2
Multi-currency support
Acumatica 5.0
QuickBooks Premier
8.7
Multi-division support
Acumatica 5.0
QuickBooks Premier
6.8
Regulations compliance
Acumatica 5.0
QuickBooks Premier
4.0
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
7.4
Localizations
Acumatica 5.0
QuickBooks Premier
5.0
Enterprise Accounting
Acumatica 5.0
QuickBooks Premier
9.0
Configurable Accounting
Acumatica 5.0
QuickBooks Premier
8.2
Centralized Rules Framework
Acumatica 5.0
QuickBooks Premier
6.5

Inventory Management

Acumatica 5.0
8.5
QuickBooks Premier
6.6
Inventory tracking
Acumatica 5.0
9.0
QuickBooks Premier
8.0
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
5.0

Order Management

Acumatica 5.0
9.3
QuickBooks Premier
9.5
Pricing
Acumatica 5.0
10.0
QuickBooks Premier
9.5
Order entry
Acumatica 5.0
9.0
QuickBooks Premier
9.5
Cost of goods sold
Acumatica 5.0
8.0
QuickBooks Premier
9.3
End-to-end order visibility
Acumatica 5.0
10.0
QuickBooks Premier
10.0
Credit card processing
Acumatica 5.0
QuickBooks Premier
8.5
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
8.1
Pay calculation
Acumatica 5.0
QuickBooks Premier
9.0
Benefit plan administration
Acumatica 5.0
QuickBooks Premier
7.0
Direct deposit files
Acumatica 5.0
QuickBooks Premier
9.4
Salary revision and increment management
Acumatica 5.0
QuickBooks Premier
7.5
Reimbursement management
Acumatica 5.0
QuickBooks Premier
7.5

Accounting Firm BPO Features

Acumatica 5.0
QuickBooks Premier
5.7
Branded client dashboards
Acumatica 5.0
QuickBooks Premier
7.5
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
7.5
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
7.5
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
  • QuickBooks Premier is easy to use, yet flexible and powerful enough to handle some complicated accounting scenarios.
  • QuickBooks Premier offers a wide array of canned reports. Custom reports can be easily created.
  • QuickBooks Premier with Enhanced Payroll gives us the tools to handle complex payrolls with multiple variables.
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
  • Support for older versions of QuickBooks ends after three years, then users must purchase the newest version at full price. Renewals should be deeply discounted for existing users.
  • I would like to see better in-product inventory tracking, so we can choose LIFO or FIFO rather than the ambiguous "average cost" method.
  • I would like to be able to assign payroll taxes to jobs for better job costing.
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 Premier10.0
Based on 11 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
I like the program
No photo available

Reliability and Availability

No score
No answers yet
No answers on this topic
QuickBooks Premier8.9
Based on 5 answers
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Silvia Evans 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
The Quickbooks support is good but still has some room for improvement.
Cristine Delos Santos 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
Compared to Sage 50 it is much more user friendly and more cost effective.
No photo available

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
QuickBooks Premier8.1
Based on 27 answers
I did not rate the program higher because we have had some issues with installation of the program over the years. The functionality of the program on the network has had some issues in the past. Also, as I previously mentioned, the time it takes to load the program is extremely long. I like the import feature and it does a good job on report generation and reconciliations. I also like the accountant copy functionality. The examples above have never really come in handy for us; but whatever industry they are in; we do have the ability to do the financial accounting using a similar set of input screens which all of us here are accustomed and feel comfortable using.
John Coleman 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
  • QuickBooks Premier lowers staffing and out sourcing costs by allowing one person to enter and maintain your companies finances.
No photo available

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