Acumatica vs. QuickBooks Self-Employed (discontinued)

I think it’s a great product. I think it’s very customizable, which is a big plus.
For manufacturing, it’s excellent because of creating the inventory, turning it into an actual product to sell, and also tracking the status of each process within that system.
I can’t think of any areas where it’s not suited, because otherwise we would be looking for something else or making changes, and at this time, we’re just growing with the system.

QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.

Incentivized

• The data is very flexible, you are almost able to do anything with the data if you can establish the right relations.
• The UI is very friendly and easy on the eyes, compared to our last ERP which I coined as a "List of lists" where drop-down menus lead to drop-down menus.
• Dashboards and keeping everything as a single source of truth.

Incentivized

• Tracking expenses is as simple as swiping left and right, it couldn't be easier.
• Running invoices through QuickBooks is simple and effective.
• Allowing clients to pay by card or check allows you to get paid faster and give the clients multiple ways of paying invoices, which helps everyone.
• Automatically tracking estimated quarterly taxes is very helpful and it keeps it top-of mind for each month.

Incentivized

• I think improvement, we don't know too much yet as we're just now going live, but the customization is the thing that's nice about software like this, you are able to customize it very well easily, but that takes a little bit of understanding to get to know that, and so we're not quite there yet. That'd probably be my complaint, even though it's not really a complaint, it's just able to do too much for us.

Incentivized

• There are a number of unnecessary and ongoing prompts to do small tasks, like creating a rule for certain transactions. I could do without those.
• There are also occasional glitches with bank setup that produce duplicate transactions which can be a pain to deal with. I also haven't been able to find a way to effectively edit transactions.
• I also wish that QBSE integrated with software like Freshbooks, Tripit and Expensify.

It is a flexible system that is very flexible and is easy to use. It will also be able to scale as the company grows. Frankly, we have invested too much time to walk away from it now and the initial phase is going well

Incentivized

The processes are very intuitive and easy to use. Whether you are entering AP bills, timecards for payroll, or AR invoices, the processes are similar and easy to use. The drill-down capability is also a huge plus as you can easily toggle between different modules without having to leave the screen you are in and navigating through a menu to get the information you need. We found that the standard reports out of the box are lacking. Our implementation did not go so well and when we were finally ready to run financial reports, it was both disappointing and frustrating to discover that the P&L was highly summarized and to get a detailed report required having to do a lot of formatting myself. I was able to figure it out on my own, but when our financials were already delayed getting published, I did not really have the time to spend trying to figure out how to build my own P&L.

Incentivized

I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything

Incentivized

It's always available.

there have been some performance issues

Incentivized

I would rate the overall support for Acumatica an 8 out of 10. The support team is generally responsive, knowledgeable, and helpful when resolving issues or answering questions. Documentation and community resources are also useful. However, response times can occasionally vary depending on the complexity of the issue or support queue, which slightly affects the overall experience.

Incentivized

I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.

Incentivized

It was on General Inquiries and it's just a complex topic.

Online training has gone away. Need to bring back the webinars. Live webinars are so benficial to training new employees.

Incentivized

I'd say the partner selection is critically important. I think the software is very easy to implement. It's very customizable to your business. Finding a partner that will work with you to understand your business and your needs is the critical piece to make sure that the system goes along with it.

Incentivized

Acumatica excels well against other tools due to its rich set of capabilities like deep integrated project management, financial management, scalable unlimited users, robust real-time visibility and strong customisation, outperforming Odoo's variable modules and QuickBook's limited ERP capabilities.

Incentivized

To be honest, I haven't shopped around for a bookkeeping package. I've been using TurboTax for well over a decade, and adding on QuickBooks Self-Employed (once I made the switch to freelancing) was a no-brainer. I probably could have used the program to help me keep track of employee expenses as I was working for others in the past.

Incentivized

From my understanding, the P.O. module is not very robust, at least the last time I inquired about it. At the time, it had a one-to-one match, with one invoice for one P.O. and that isn't practical for many businesses. I don't believe it would be an easy system to use for sending out invoices, if we had thousands of retail utility customers. We do a small number of invoices because we sell wholesale power, not retail, so we only Invoice the municipality. Not each utility customer.

• Positive. Again, it is just that insight that everybody can see. Whether it's my sales guy that's on the show floor that's looking at it at his mobile app, or if it's me in the office logging in every single day, I know what our inventory is. I'm never worried about if we have enough product or where everyone is at. It has it all.

Incentivized

• A positive impact on my business is, of course, keeping track of income and expenses, and approximate quarterly taxes. QuickBooks is a little better at this than Quicken, I think.
• By using QuickBooks (and Quicken) it saves me having to spend money on an accountant. (At least up to this point.)
• However, the time I spend on daily or weekly entries takes billable time away from other things.

Incentivized