FreeAgent vs. QuickBooks Online Advanced

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 8.1 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
QuickBooks Online Advanced
Score 7.8 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Pricing
FreeAgentQuickBooks Online Advanced
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FreeAgentQuickBooks Online Advanced
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
FreeAgentQuickBooks Online Advanced
Considered Both Products
FreeAgent

No answer on this topic

QuickBooks Online Advanced
Chose QuickBooks Online Advanced
QuickBooks Online Advanced is on par with Xero, and both are market leaders in the Online Bookkeeping solutions. Multi-dimensional reporting is better than Xero but Xero has better WorkPapers, Hubdoc app and allows for online filing of accounts to Companies House and to HMRC. …
Top Pros
Top Cons
Features
FreeAgentQuickBooks Online Advanced
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
14% above category average
QuickBooks Online Advanced
-
Ratings
Pay calculation8.012 Ratings00 Ratings
Benefit plan administration8.56 Ratings00 Ratings
Direct deposit files8.92 Ratings00 Ratings
Salary revision and increment management8.86 Ratings00 Ratings
Reimbursement management8.78 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
5.5
11 Ratings
22% below category average
QuickBooks Online Advanced
8.8
87 Ratings
24% above category average
API for custom integration4.59 Ratings9.071 Ratings
Plug-ins6.410 Ratings8.776 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
9% above category average
QuickBooks Online Advanced
8.9
151 Ratings
14% above category average
Single sign-on capability9.013 Ratings8.9135 Ratings
Role-based user permissions8.013 Ratings9.0147 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.8
20 Ratings
4% above category average
QuickBooks Online Advanced
8.6
164 Ratings
14% above category average
Dashboards10.018 Ratings8.5155 Ratings
Standard reports9.018 Ratings8.8163 Ratings
Custom reports4.410 Ratings8.5155 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
9.3
22 Ratings
24% above category average
QuickBooks Online Advanced
8.3
165 Ratings
13% above category average
Accounts payable10.017 Ratings8.6159 Ratings
Accounts receivable10.019 Ratings8.7154 Ratings
Cash management10.017 Ratings8.4136 Ratings
Bank reconciliation10.018 Ratings8.6157 Ratings
Expense management10.021 Ratings8.4145 Ratings
Time tracking10.016 Ratings7.985 Ratings
Fixed asset management8.611 Ratings00 Ratings
Multi-currency support9.17 Ratings7.843 Ratings
Multi-division support9.05 Ratings8.269 Ratings
Regulations compliance8.78 Ratings7.974 Ratings
Electronic tax filing9.018 Ratings8.791 Ratings
Self-service portal9.011 Ratings8.590 Ratings
Journals and Reconciliations8.01 Ratings8.7141 Ratings
Primary and Secondary Ledgers00 Ratings8.672 Ratings
Intercompany Accounting00 Ratings7.370 Ratings
Enterprise Accounting00 Ratings8.161 Ratings
Configurable Accounting00 Ratings8.877 Ratings
Centralized Rules Framework00 Ratings7.857 Ratings
Standardized Processes00 Ratings8.2108 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
7% above category average
QuickBooks Online Advanced
8.4
67 Ratings
20% above category average
Inventory tracking7.72 Ratings8.467 Ratings
Automatic reordering8.21 Ratings00 Ratings
Location management4.51 Ratings00 Ratings
Manufacturing module9.11 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
11% above category average
QuickBooks Online Advanced
8.9
110 Ratings
20% above category average
Pricing8.19 Ratings8.982 Ratings
Order entry6.82 Ratings8.875 Ratings
Credit card processing8.25 Ratings9.096 Ratings
Cost of goods sold9.13 Ratings00 Ratings
Best Alternatives
FreeAgentQuickBooks Online Advanced
Small Businesses
Patriot Software
Patriot Software
Score 9.0 out of 10
Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.5 out of 10
Accounting Seed
Accounting Seed
Score 8.5 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.5 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentQuickBooks Online Advanced
Likelihood to Recommend
10.0
(22 ratings)
9.0
(165 ratings)
Likelihood to Renew
-
(0 ratings)
9.2
(5 ratings)
Usability
9.1
(4 ratings)
9.1
(3 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
-
(0 ratings)
6.7
(3 ratings)
Configurability
-
(0 ratings)
9.1
(1 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentQuickBooks Online Advanced
Likelihood to Recommend
FreeAgent
FreeAgent is really suited to the financial management of a small business. Especially an owner managed business as it provides all the tools to keep on top of finances. It can reduce the need for a bookkeeper as it is easy to add expenses and reconcile them with the linked bank accounts. The integrated payroll would also reduce the need for third-party management of such processes. Would still recommend the use of an accountant to advise on more complex financial requirements.
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Intuit
QuickBooks is a great way to manage your business finances and payroll. Even though there a things that are not perfect the software or product is the best I've experienced for small businesses. I highly recommend QuickBooks Online Advanced. It allows small businesses to manage inventory and utilizing the POS system works for many businesses. I don't have a need for the POS but I have heard good things about it.
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Pros
FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
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Intuit
  • QuickBooks Online Advanced has all that is already in Plus, with the popular ability to track by classes.
  • It has a lot of exclusive features. First to mention reporting.
  • QuickBooks Online Advanced performes batch invoice import.
  • QuickBooks Online Advanced allows custom permissions for individuals.
  • A dedicated account team, features for advanced business analytics, accounting employee expenses, other workflow automations and more.
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Cons
FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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Intuit
  • Extremely slow data entry rates for all forms: invoices, sales receipts, POs, bills, bill payments, checks, and deposits. If you are heavy into data entry like this, QB desktop will run circles around QB online.
  • Need to refresh browser tabs containing reports, transactions, and reconciliations because they do not automatically update after entering or changing a transaction. This requires you to monitor the app to be sure the information it is giving you is accurate or at least makes sense after you make entries or adjustments.
  • Inadequate tablet/phone app -- very limited functions, especially for a business owner.
  • A quasi-desktop/cloud interface app for QB Online that in the past caused blue screen errors for me, requiring uninstallation.
  • Quality of support varies SIGNIFICANTLY depending on time of year, current onshore or offshore strategy of Intuit, and organization of support delivery.
  • Extremely weak support and willingness to stand by their merchant services, in one case causing a month-long delay to receive payment on a check from a regular customer who banked at the same bank as me. And the CEO's office could not resolve either.
  • Loyalty to customers and advisor networks has consistently decreased.
  • Costs continue to rise, well before our recent inflationary period, roughly doubling in about 5 to 6 years.
  • Will sell your employees' salaries to credit monitoring services without your actively taking steps to prevent.
  • "Anonymizes" your business' performance data to share with other business owners, including your competitors. It is unclear how much is shared and to what depth. You cannot opt out.
  • If you don't know what you are doing, or if your bookkeeper doesn't, you can create one helluva mess.
  • Introductory offers for product set-up and advice (from Intuit directly) are weak.
  • For implementing QBO you really need training from someone who can work directly with you on your books. This is increasingly true as you move up the ladder of product complexity/function.
  • Software look, feel, and feature changes that happen with no real notice of what is coming and its impact on your work flow.
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Likelihood to Renew
FreeAgent
No answers on this topic
Intuit
QuickBooks Online Advanced is not like any other accounting software. With how great the software is now, I would definitely renew QuickBooks Online Advanced
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Usability
FreeAgent
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
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Intuit
QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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Intuit
No answers on this topic
Online Training
FreeAgent
No answers on this topic
Intuit
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Implementation Rating
FreeAgent
No answers on this topic
Intuit
I dont have any
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Alternatives Considered
FreeAgent
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
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Intuit
QuickBooks Desktop provides slightly more features and functionality, at the cost of disk space and the lack of cloud access. We chose the Online version of this software as the accounting and finance staff travel frequently and may access information remotely. QuickBooks provides significantly less features and functionality than Oracle NetSuite, but it comes at a fraction of the cost. As a smaller startup, NetSuite is not affordable for us at this time.
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Return on Investment
FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
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Intuit
  • I know where are bank accounts stand all in one place.
  • I know who has paid me, who has yet to pay me, and the amount of invoices outstanding and how much I can expect to earn in a month.
  • Quickbooks keeps me organized in every aspect of the business.
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