Financial Edge NXT is a cloud accounting solution tailored for nonprofits that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. It offers real-time reporting, with one-click drill-down functionality and export capability.
N/A
QuickBooks Desktop Enterprise
Score 8.2 out of 10
N/A
QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.
$1,261
per year
Pricing
Blackbaud Financial Edge NXT
QuickBooks Desktop Enterprise
Editions & Modules
No answers on this topic
Gold
1,261
per year
Platinum
1,522
per year
Gold with Remote Access
1,785.60
per year
Platinum with Remote Access
2,083.20
per year
Diamond
3,060.34
per year
Diamond with Remote Access
3,600.36
per year
Offerings
Pricing Offerings
Blackbaud Financial Edge NXT
QuickBooks Desktop Enterprise
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Required
Optional
Additional Details
Blackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.
Blackbaud Financial Edge NXT is clearly designed for the non-profit industry organizations, and it shows! The features would not necessarily be a great asset to some for-profit businesses given the design and focus on grant/fund reporting, but for non-profits it hits the "ball …
Blackbaud Financial Edge NXT allows for multiple companies/entities to be tracked much easier than Quickbooks allowed. The online capabilities in Blackbaud Financial Edge NXT were also much more useful.
QuickBooks is not set up to handle projects, grants, or fund accounting. CYMA is not set up to handle fund accounting either. This made it very difficult to track items at the project level without having to rely on spreadsheets and a highly manual process to combine the …
I personally had more experience with QuickBooks and Sage, but I sort of stumbled upon FE NXT because of my current job. It is a lot more user friendly and allows you to not necessarily have such a strong background in accounting or bookkeeping. However, if you do mess up with …
I have only ever worked with QuickBooks Enterprise and Blackbaud. One of our departments uses QuickBooks for their accounting. They're a bit of a unique oddity within our company, but they have their reasons for doing what they do. As for how QuickBooks stacks up, well... …
QuickBooks is easier to use and has a better look. I does not perform as well as FE on the actual software side. FE seems to be able to handle large amounts of data better than QB and its reports feature is much better than QB.
Blackbaud more securely accommodates "closing" periods and makes it impossible to make changes to prior periods without Journal entries. The built-in approval process for AP.
QuickBooks Online - Small to mid size companies - Ease of use and customer support. Great interaction with POS systems. Best out of the box experience. QuickBooks Desktop Enterprise not good for new users - Consider hiring professional accounting consultant for training and …