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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 Pro

    Score7.8 out of 10
    N/AQuickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.N/A
    Pricing
    Financial Edge (legacy)QuickBooks Desktop Pro
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Financial Edge (legacy)QuickBooks Desktop Pro
    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 Pro
    Considered Both Products
    Discontinued Products
    Chose Financial Edge (legacy)
    Most FE installations I have participated in were from QuickBooks Pro. QuickBooks, if set up well, is a great alternative for the smaller association or nonprofit, but it has challenges handling some of the unique aspects of nonprofit accounting. Recent editions of QuickBooks …
    Incentivized
    Intuit
    Chose QuickBooks Desktop Pro
    The transparency of QuickBooks Desktop Pro is less complex. This really helps with larger projects/companies with one shared accounting office.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    88%
    Would buy again
    29 Answers
    Delivers good value for the price
    No answers on this topic
    93%
    Delivers good value for the price
    28 Answers
    Happy with the feature set
    No answers on this topic
    97%
    Happy with the feature set
    32 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    83%
    Lived up to sales and marketing promises
    20 Answers
    Implementation went as expected
    No answers on this topic
    96%
    Implementation went as expected
    25 Answers
    Features
    Financial Edge (legacy)QuickBooks Desktop Pro
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    QuickBooks Desktop Pro
    6.6
    69 Ratings
    14% below category average
    Pay calculation1.03 Ratings6.364 Ratings
    Benefit plan administration1.02 Ratings6.338 Ratings
    Direct deposit files1.02 Ratings6.656 Ratings
    Salary revision and increment management1.03 Ratings6.352 Ratings
    Reimbursement management1.04 Ratings7.754 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    QuickBooks Desktop Pro
    5.7
    43 Ratings
    28% below category average
    API for custom integration1.05 Ratings6.535 Ratings
    Plug-ins1.07 Ratings5.039 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    QuickBooks Desktop Pro
    8.4
    101 Ratings
    3% above category average
    Single sign-on capability1.06 Ratings8.482 Ratings
    Role-based user permissions1.09 Ratings8.595 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    QuickBooks Desktop Pro
    8.5
    117 Ratings
    9% above category average
    Dashboards1.09 Ratings8.4100 Ratings
    Standard reports1.09 Ratings8.9117 Ratings
    Custom reports1.09 Ratings8.2114 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    QuickBooks Desktop Pro
    7.5
    124 Ratings
    2% below category average
    Accounts payable1.09 Ratings9.3119 Ratings
    Accounts receivable1.07 Ratings9.2121 Ratings
    Cash management1.09 Ratings9.2107 Ratings
    Bank reconciliation1.010 Ratings9.7119 Ratings
    Expense management1.08 Ratings9.4108 Ratings
    Time tracking1.04 Ratings7.451 Ratings
    Fixed asset management1.08 Ratings5.669 Ratings
    Multi-currency support1.05 Ratings6.931 Ratings
    Multi-division support1.06 Ratings8.958 Ratings
    Regulations compliance1.07 Ratings8.342 Ratings
    Electronic tax filing1.04 Ratings8.355 Ratings
    Self-service portal1.07 Ratings5.941 Ratings
    Global Financial Support1.06 Ratings4.217 Ratings
    Primary and Secondary Ledgers1.08 Ratings7.140 Ratings
    Intercompany Accounting1.08 Ratings7.943 Ratings
    Localizations1.05 Ratings4.219 Ratings
    Journals and Reconciliations1.08 Ratings8.876 Ratings
    Enterprise Accounting1.06 Ratings6.838 Ratings
    Configurable Accounting1.07 Ratings7.647 Ratings
    Centralized Rules Framework1.06 Ratings5.427 Ratings
    Standardized Processes1.07 Ratings8.555 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    QuickBooks Desktop Pro
    5.8
    59 Ratings
    23% below category average
    Inventory tracking1.02 Ratings6.056 Ratings
    Automatic reordering1.02 Ratings6.035 Ratings
    Location management1.03 Ratings6.032 Ratings
    Manufacturing module1.02 Ratings5.218 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy) and QuickBooks Desktop Pro
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    QuickBooks Desktop Pro
    6.8
    77 Ratings
    8% below category average
    Pricing1.02 Ratings7.555 Ratings
    Order entry1.02 Ratings8.555 Ratings
    Credit card processing1.02 Ratings7.251 Ratings
    Cost of goods sold1.02 Ratings8.063 Ratings
    Order Orchestration1.02 Ratings5.220 Ratings
    End-to-end order visibility1.02 Ratings6.123 Ratings
    Order exception Resolution1.02 Ratings5.218 Ratings
    Best Alternatives
    Financial Edge (legacy)QuickBooks Desktop Pro
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.3 out of 10
    Microsoft Dynamics GP
    Score5.3 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)QuickBooks Desktop Pro
    Likelihood to Recommend
    1.0
    (10 ratings)
    8.5
    (135 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.0
    (19 ratings)
    Usability
    2.0
    (1 ratings)
    9.1
    (42 ratings)
    Availability
    -
    (0 ratings)
    8.3
    (2 ratings)
    Support Rating
    1.0
    (1 ratings)
    1.2
    (29 ratings)
    In-Person Training
    -
    (0 ratings)
    10.0
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.0
    (6 ratings)
    CPA Rating
    -
    (0 ratings)
    8.5
    (22 ratings)
    Product Scalability
    -
    (0 ratings)
    8.0
    (1 ratings)
    User Testimonials
    Financial Edge (legacy)QuickBooks Desktop Pro
    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
    For a small business, QuickBooks Desktop Pro is great! For a larger, more complex business, another system may be more beneficial. We actually run multiple businesses on QuickBooks Desktop Pro, but all are very small. The help feature is sometimes so beneficial, and sometimes it seems like you just can't get the right answer and need to find a workaround - but this is usually for more complex issues.
    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
    • It is easy to manage and adjust inventory on hand.
    • It is easy to make reports and customize them to your needs.
    • We also use it to pay our employees directly.
    • It is easy to make year-to-year comparisons to see where we can make improvements and the current financial situation.
    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
    • QuickBooks Desktop Pro has been around for a few years and after an update[,] they force you to look at the changes/updates before you can use [them] after updating.
    • QuickBooks Desktop Pro does not have 2FA.
    • QuickBooks Desktop Pro should offer a way to store backups to a personal cloud without having to map a local network drive.
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Intuit
    I'd love to keep using it, and do intend to - though we've not been pleased with price increases over the past several years. In fact, we used to subscribe to the payroll service, but QuickBooks priced themselves out of reach for us, so we discontinued that. Currently, pricing would be the primary reason for NOT renewing, if we didn't.
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Intuit
    The set up was quite easy. I took some online training causes, and figured our the rest pretty quickly. The only issue I had during the implementation process was it was very hard to change some of the GL Account name to reflect the needs of a non-profit organization, such as Net Assets. At the end I had to scratch what I did, and used the existing formats that the third-party bookkeeping firm shared. Everything else is simple and easy to manage and implement.
    Incentivized
    Read full review
    Reliability and Availability
    Discontinued Products
    No answers on this topic
    Intuit
    I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
    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
    They are awful. Intuit doesn't spend real money on support. They appear to have typically said, first-level script readers who are sending messages to the senior people for anything even a little bit difficult. Many of them don't speak particularly good English. Considering that they recently doubled (or, if you are paying annually, tripled) their pricing, and touted as one of the benefits that it includes [..] support, it's a real ripoff. However, we have to use the product because it is ubiquitous. I look forward to the day a competitor comes up with something good enough, which has excellent support, that matches all the features QuickBooks Desktop Pro currently has [...] or at least gives us a way to have all the functionality we currently have without excessive sacrifice [...] so that we can switch. I was very satisfied with QuickBooks for many years. This latest [rise] in price, and their sheer gall at touting the benefit of the 100 to 200% increase as being [the] inclusion of support, is what turned me so far against them.
    Incentivized
    Read full review
    In-Person Training
    Discontinued Products
    No answers on this topic
    Intuit
    Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
    Read full review
    Implementation Rating
    Discontinued Products
    No answers on this topic
    Intuit
    We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
    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
    We tried switching from QuickBooks Desktop Pro to QuickBooks Online, but there were a lot of issues and bugs so we ultimately decided to stay with Desktop Pro. Unfortunately, we are losing a lot of Online Banking capabilities on 5/31 as we have an older version of QB, but we plan to stick with Desktop Pro. In terms of invoicing, SaaSOptics beats QuickBooks in almost all aspects as it's all automated and takes seconds to create and send invoices. However, SaaSOptics is not really a full ERP program so it wouldn't serve us as a main bookkeeping software like QB.
    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
    • Training time is low compared to other accounting packages
    • It was difficult to adapt to DCAA requirements, [which] required [the] hiring of [a] special consultant for that
    • QuickBooks Desktop Pro is a standard for small companies and makes it easy to hire bookkeepers
    Incentivized
    Read full review
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