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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Financial Edge (legacy)

    Score6.8 out of 10
    N/AA legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A

    QuickBooks Desktop Premier

    Score8 out of 10
    N/AQuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.N/A
    Pricing
    Financial Edge (legacy)QuickBooks Desktop Premier
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Financial Edge (legacy)QuickBooks Desktop Premier
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    Financial Edge (legacy)QuickBooks Desktop Premier
    Considered Both Products
    Discontinued Products
    No answer on this topic
    Intuit
    Chose QuickBooks Desktop Premier
    Quickbooks is cheaper for payroll.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    82%
    Would buy again
    14 Answers
    Delivers good value for the price
    No answers on this topic
    88%
    Delivers good value for the price
    14 Answers
    Happy with the feature set
    No answers on this topic
    94%
    Happy with the feature set
    16 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    87%
    Lived up to sales and marketing promises
    13 Answers
    Implementation went as expected
    No answers on this topic
    93%
    Implementation went as expected
    14 Answers
    Features
    Financial Edge (legacy)QuickBooks Desktop Premier
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    QuickBooks Desktop Premier
    8.5
    54 Ratings
    12% above category average
    Pay calculation1.03 Ratings9.252 Ratings
    Benefit plan administration1.02 Ratings8.425 Ratings
    Direct deposit files1.02 Ratings8.242 Ratings
    Salary revision and increment management1.03 Ratings8.433 Ratings
    Reimbursement management1.04 Ratings8.336 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    QuickBooks Desktop Premier
    7.5
    24 Ratings
    1% below category average
    API for custom integration1.05 Ratings8.017 Ratings
    Plug-ins1.07 Ratings7.024 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    QuickBooks Desktop Premier
    8.3
    58 Ratings
    1% above category average
    Single sign-on capability1.06 Ratings8.450 Ratings
    Role-based user permissions1.09 Ratings8.349 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    QuickBooks Desktop Premier
    8.3
    69 Ratings
    6% above category average
    Dashboards1.09 Ratings8.758 Ratings
    Standard reports1.09 Ratings8.468 Ratings
    Custom reports1.09 Ratings7.766 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    QuickBooks Desktop Premier
    7.8
    72 Ratings
    2% above category average
    Accounts payable1.09 Ratings8.370 Ratings
    Accounts receivable1.07 Ratings8.571 Ratings
    Cash management1.09 Ratings8.765 Ratings
    Bank reconciliation1.010 Ratings8.769 Ratings
    Expense management1.08 Ratings8.768 Ratings
    Time tracking1.04 Ratings7.535 Ratings
    Fixed asset management1.08 Ratings6.249 Ratings
    Multi-currency support1.05 Ratings7.623 Ratings
    Multi-division support1.06 Ratings8.239 Ratings
    Regulations compliance1.07 Ratings8.224 Ratings
    Electronic tax filing1.04 Ratings7.836 Ratings
    Self-service portal1.07 Ratings5.923 Ratings
    Global Financial Support1.06 Ratings6.09 Ratings
    Primary and Secondary Ledgers1.08 Ratings7.014 Ratings
    Intercompany Accounting1.08 Ratings7.917 Ratings
    Localizations1.05 Ratings7.66 Ratings
    Journals and Reconciliations1.08 Ratings8.725 Ratings
    Enterprise Accounting1.06 Ratings8.313 Ratings
    Configurable Accounting1.07 Ratings7.915 Ratings
    Centralized Rules Framework1.06 Ratings7.210 Ratings
    Standardized Processes1.07 Ratings8.315 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    QuickBooks Desktop Premier
    8.0
    43 Ratings
    9% above category average
    Inventory tracking1.02 Ratings8.342 Ratings
    Automatic reordering1.02 Ratings7.321 Ratings
    Location management1.03 Ratings8.825 Ratings
    Manufacturing module1.02 Ratings7.722 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy) and QuickBooks Desktop Premier
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    QuickBooks Desktop Premier
    8.2
    47 Ratings
    10% above category average
    Pricing1.02 Ratings8.037 Ratings
    Order entry1.02 Ratings7.838 Ratings
    Credit card processing1.02 Ratings9.134 Ratings
    Cost of goods sold1.02 Ratings8.943 Ratings
    Order Orchestration1.02 Ratings7.58 Ratings
    End-to-end order visibility1.02 Ratings8.59 Ratings
    Order exception Resolution1.02 Ratings7.56 Ratings
    Best Alternatives
    Financial Edge (legacy)QuickBooks Desktop Premier
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)QuickBooks Desktop Premier
    Likelihood to Recommend
    1.0
    (10 ratings)
    8.2
    (75 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.5
    (14 ratings)
    Usability
    2.0
    (1 ratings)
    8.9
    (26 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (6 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (5 ratings)
    Support Rating
    1.0
    (1 ratings)
    4.0
    (13 ratings)
    Online Training
    -
    (0 ratings)
    1.0
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.2
    (7 ratings)
    Configurability
    -
    (0 ratings)
    9.0
    (2 ratings)
    CPA Rating
    -
    (0 ratings)
    8.1
    (27 ratings)
    Ease of integration
    -
    (0 ratings)
    7.0
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    9.0
    (5 ratings)
    Vendor post-sale
    -
    (0 ratings)
    6.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    6.0
    (2 ratings)
    User Testimonials
    Financial Edge (legacy)QuickBooks Desktop Premier
    Likelihood to Recommend
    Discontinued Products
    • Financial Edge is well suited for traditional day to day accounting, accounts payable, and related needs.
    • Financial Edge dashboard does not provide a snapshot view of data that I have found are available through other platforms (like QBO).
    Incentivized
    Read full review
    Intuit
    We really think that ANY typical business would be a reasonable fit for QuickBooks Desktop Premier. While not necessary, even a comparatively unexperienced accounting person could look at the "Home" screen and follow their nose thru typical daily accounting processes without much detailed knowledge. Reporting is simple, looking up customer info and prior transactions is simple, looking up vendors and prior payments is simple... all in all, quite straightforward. I really can't think of an instance where it would be 'less appropriate'.
    Incentivized
    Read full review
    Pros
    Discontinued Products
    • Financial edge is able to be customized in a way that fits our organization.
    • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
    • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
    Incentivized
    Read full review
    Intuit
    • Employment - it makes creating paychecks a snap and tracks taxes.
    • Invoicing - they have a straightforward approach to creating invoices and you can even email them to your customers.
    • Customers - the program makes tracking customer information and balances easy.
    Incentivized
    Read full review
    Cons
    Discontinued Products
    • Customer service blames the customer, and never offers solutions other than "wait it out." I've always been told it's my computer, even though everyone else at my work has the same issues.
    • Website is constantly "under maintenance" and it somehow never gets better.
    • The Database View is outdated and glitchy. Honestly get rid of it.
    • The Crystal Report is the only way to handle monthly recurring statements, and Financial Edge does not offer support for it anymore. Good luck figuring that out on your own.
    Read full review
    Intuit
    • 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.
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Intuit
    Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Intuit
    We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
    Incentivized
    Read full review
    Reliability and Availability
    Discontinued Products
    No answers on this topic
    Intuit
    This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
    Incentivized
    Read full review
    Performance
    Discontinued Products
    No answers on this topic
    Intuit
    It takes forever to load.
    Incentivized
    Read full review
    Support Rating
    Discontinued Products
    I would give this a zero if I could. Here's the deal. Once you request a chat with a representative, they immediately respond. So responsiveness: 10/10. However, they have a tendency to (always) tell you that whatever problem you're experiencing is your problem, not theirs. They offer no solutions and never take responsibility for their website malfunctioning
    Read full review
    Intuit
    This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
    Incentivized
    Read full review
    Implementation Rating
    Discontinued Products
    No answers on this topic
    Intuit
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Discontinued Products
    Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
    Incentivized
    Read full review
    Intuit
    QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
    Incentivized
    Read full review
    Scalability
    Discontinued Products
    No answers on this topic
    Intuit
    They're getting better. Still room for improvement.
    Incentivized
    Read full review
    Return on Investment
    Discontinued Products
    • Like any enterprise software, there are costs/investments ahead of return. It isn't something you would implement without support.
    • During the significant financial downturn, we were able to use FE to forecast trends and make budget adjustments easily. It transformed communication about forecasting and cuts with assurance.
    Incentivized
    Read full review
    Intuit
    • Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
    • Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
    • We receive referrals from satisfied QuickBooks clients.
    Incentivized
    Read full review
    ScreenShots