What users are saying about

Acumatica 5.0

10 Ratings
Score 8.5 out of 101

QuickBooks Self-Employed

21 Ratings
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 Self-Employed

As the name of the program suggests, QuickBooks Self-Employed is best-suited for self-employed people, freelancers and solo entrepreneurs would find the tools within to be exceptionally useful to keep track of expenses so they can focus on more profitable activities. Other QuickBooks tiers might be more fitting for small businesses and larger companies.
Benjamin E. Jerew profile photo

Feature Rating Comparison

Customization

Acumatica 5.0
7.0
QuickBooks Self-Employed
10.0
API for custom integration
Acumatica 5.0
7.0
QuickBooks Self-Employed
10.0
Plug-ins
Acumatica 5.0
QuickBooks Self-Employed
10.0

Security

Acumatica 5.0
7.0
QuickBooks Self-Employed
9.9
Role-based user permissions
Acumatica 5.0
7.0
QuickBooks Self-Employed
10.0
Single sign-on capability
Acumatica 5.0
QuickBooks Self-Employed
9.8

Reporting & Analytics

Acumatica 5.0
6.7
QuickBooks Self-Employed
8.2
Dashboards
Acumatica 5.0
4.0
QuickBooks Self-Employed
8.5
Standard reports
Acumatica 5.0
7.0
QuickBooks Self-Employed
8.3
Custom reports
Acumatica 5.0
9.0
QuickBooks Self-Employed
7.9

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
QuickBooks Self-Employed
9.0
Accounts payable
Acumatica 5.0
10.0
QuickBooks Self-Employed
9.6
Accounts receivable
Acumatica 5.0
8.0
QuickBooks Self-Employed
9.6
Global Financial Support
Acumatica 5.0
5.0
QuickBooks Self-Employed
10.0
Intercompany Accounting
Acumatica 5.0
9.0
QuickBooks Self-Employed
10.0
Journals and Reconciliations
Acumatica 5.0
10.0
QuickBooks Self-Employed
4.3
Standardized Processes
Acumatica 5.0
8.0
QuickBooks Self-Employed
5.6
Cash management
Acumatica 5.0
QuickBooks Self-Employed
8.1
Bank reconciliation
Acumatica 5.0
QuickBooks Self-Employed
9.6
Expense management
Acumatica 5.0
QuickBooks Self-Employed
7.8
Time tracking
Acumatica 5.0
QuickBooks Self-Employed
7.3
Fixed asset management
Acumatica 5.0
QuickBooks Self-Employed
10.0
Multi-currency support
Acumatica 5.0
QuickBooks Self-Employed
10.0
Multi-division support
Acumatica 5.0
QuickBooks Self-Employed
10.0
Regulations compliance
Acumatica 5.0
QuickBooks Self-Employed
10.0
Electronic tax filing
Acumatica 5.0
QuickBooks Self-Employed
8.4
Self-service portal
Acumatica 5.0
QuickBooks Self-Employed
9.3
Primary and Secondary Ledgers
Acumatica 5.0
QuickBooks Self-Employed
10.0
Localizations
Acumatica 5.0
QuickBooks Self-Employed
10.0
Enterprise Accounting
Acumatica 5.0
QuickBooks Self-Employed
10.0
Configurable Accounting
Acumatica 5.0
QuickBooks Self-Employed
10.0
Centralized Rules Framework
Acumatica 5.0
QuickBooks Self-Employed
10.0

Inventory Management

Acumatica 5.0
8.5
QuickBooks Self-Employed
10.0
Inventory tracking
Acumatica 5.0
9.0
QuickBooks Self-Employed
10.0
Location management
Acumatica 5.0
8.0
QuickBooks Self-Employed
10.0
Automatic reordering
Acumatica 5.0
QuickBooks Self-Employed
10.0
Manufacturing module
Acumatica 5.0
QuickBooks Self-Employed
10.0

Order Management

Acumatica 5.0
9.3
QuickBooks Self-Employed
10.0
Pricing
Acumatica 5.0
10.0
QuickBooks Self-Employed
10.0
Order entry
Acumatica 5.0
9.0
QuickBooks Self-Employed
10.0
Cost of goods sold
Acumatica 5.0
8.0
QuickBooks Self-Employed
10.0
End-to-end order visibility
Acumatica 5.0
10.0
QuickBooks Self-Employed
10.0
Credit card processing
Acumatica 5.0
QuickBooks Self-Employed
10.0
Order Orchestration
Acumatica 5.0
QuickBooks Self-Employed
10.0
Order exception Resolution
Acumatica 5.0
QuickBooks Self-Employed
10.0

Subledger and Financial Process

Acumatica 5.0
6.8
QuickBooks Self-Employed
Automated Invoice Processing
Acumatica 5.0
7.0
QuickBooks Self-Employed
Customer Collections
Acumatica 5.0
7.0
QuickBooks Self-Employed
Cash Management
Acumatica 5.0
7.0
QuickBooks Self-Employed
Period Close
Acumatica 5.0
6.0
QuickBooks Self-Employed

Payroll Management

Acumatica 5.0
QuickBooks Self-Employed
10.0
Pay calculation
Acumatica 5.0
QuickBooks Self-Employed
10.0
Benefit plan administration
Acumatica 5.0
QuickBooks Self-Employed
10.0
Direct deposit files
Acumatica 5.0
QuickBooks Self-Employed
10.0
Salary revision and increment management
Acumatica 5.0
QuickBooks Self-Employed
10.0
Reimbursement management
Acumatica 5.0
QuickBooks Self-Employed
10.0

Accounting Firm BPO Features

Acumatica 5.0
QuickBooks Self-Employed
10.0
Branded client dashboards
Acumatica 5.0
QuickBooks Self-Employed
10.0
Client data roll-up capabilities
Acumatica 5.0
QuickBooks Self-Employed
10.0
Client data consolidation for benchmarking
Acumatica 5.0
QuickBooks Self-Employed
10.0
Configurable alerts
Acumatica 5.0
QuickBooks Self-Employed
10.0
Billing bypass
Acumatica 5.0
QuickBooks Self-Employed
10.0
Client template cloning
Acumatica 5.0
QuickBooks Self-Employed
10.0
Single sign-on
Acumatica 5.0
QuickBooks Self-Employed
10.0
Configurable client onboarding questions
Acumatica 5.0
QuickBooks Self-Employed
10.0
Cross-client workflow management
Acumatica 5.0
QuickBooks Self-Employed
10.0
Industry-specific versioning
Acumatica 5.0
QuickBooks Self-Employed
10.0
Legacy system data migration
Acumatica 5.0
QuickBooks Self-Employed
10.0

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 Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
  • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
  • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
Tim Vahsholtz profile photo

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
  • Automatic entries could be improved. QuickBooks Self Employed requires you to login every day or two to check on your entries to ensure they are in the correct category. You can mark certain entries for certain categories
  • I find the whole site to run a little slow. While going through and marking the entries to the correct category, the page will sometimes get stuck and entries won't update very quickly. It slows down the process.
  • Overall, QuickBooks has a fairly steep learning curve. It does try to intuitively do some things for you, but if you have to go and correct them, I think you spend more time, and it defeats the purpose of the software.
Tim Vahsholtz profile photo

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 Self-Employed10.0
Based on 1 answer
No answer on this topic is available.

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
We just trust QuickBooks more than CloudBooks because it's been on the market longer and it's not a net-based service.
Nathanial Holt profile photo

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
  • Its has made it easier to concentrate on growing our business as opposed to spending a lot of time trying to manage our financials.
  • Saves us money on having to hire an accountant.
Nathanial Holt 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 Self-Employed

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