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Microsoft Dynamics 365 Finance vs. QuickBooks Desktop Premier

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Microsoft Dynamics 365 Finance

    Score6.6 out of 10
    N/AMicrosoft Dynamics 365 Finance is used to automate and modernize global financial operations. The application can monitor performance in real time, predict future outcomes, and support data-driven decisions to drive business growth.

    $2,520

    per year per user

    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
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Editions & Modules
    Dynamics 365 Finance
    $2520
    per year per user
    Dynamics 365 Finance Premium
    $3600
    per year per user
    No answers on this topic
    Offerings
    Pricing Offerings
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Considered Both Products
    Microsoft
    No answer on this topic
    Intuit
    No answer on this topic
    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
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Payroll Management
    Comparison of Payroll Management features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    41% below category average
    QuickBooks Desktop Premier
    8.5
    54 Ratings
    12% above category average
    Pay calculation5.01 Ratings9.252 Ratings
    Reimbursement management5.01 Ratings8.336 Ratings
    Benefit plan administration00 Ratings8.425 Ratings
    Direct deposit files00 Ratings8.242 Ratings
    Salary revision and increment management00 Ratings8.333 Ratings
    Customization
    Comparison of Customization features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    6.8
    2 Ratings
    11% below category average
    QuickBooks Desktop Premier
    7.5
    24 Ratings
    1% below category average
    API for custom integration5.62 Ratings8.017 Ratings
    Plug-ins8.01 Ratings7.024 Ratings
    Security
    Comparison of Security features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    8.3
    2 Ratings
    1% above category average
    QuickBooks Desktop Premier
    8.3
    58 Ratings
    1% above category average
    Single sign-on capability9.02 Ratings8.450 Ratings
    Role-based user permissions7.52 Ratings8.249 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    6.7
    2 Ratings
    15% below category average
    QuickBooks Desktop Premier
    8.3
    69 Ratings
    6% above category average
    Dashboards6.52 Ratings8.758 Ratings
    Standard reports7.02 Ratings8.468 Ratings
    Custom reports6.52 Ratings7.766 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    8.1
    2 Ratings
    6% above category average
    QuickBooks Desktop Premier
    7.8
    72 Ratings
    2% above category average
    Accounts payable7.52 Ratings8.370 Ratings
    Accounts receivable8.02 Ratings8.571 Ratings
    Cash management8.02 Ratings8.765 Ratings
    Bank reconciliation8.02 Ratings8.769 Ratings
    Expense management8.02 Ratings8.768 Ratings
    Time tracking7.01 Ratings7.535 Ratings
    Fixed asset management6.52 Ratings6.249 Ratings
    Multi-currency support9.02 Ratings7.623 Ratings
    Multi-division support9.52 Ratings8.239 Ratings
    Regulations compliance8.02 Ratings8.224 Ratings
    Electronic tax filing8.02 Ratings7.836 Ratings
    Self-service portal9.52 Ratings5.923 Ratings
    Global Financial Support9.52 Ratings6.09 Ratings
    Primary and Secondary Ledgers9.52 Ratings7.014 Ratings
    Intercompany Accounting9.52 Ratings7.917 Ratings
    Localizations7.52 Ratings7.66 Ratings
    Journals and Reconciliations8.52 Ratings8.725 Ratings
    Enterprise Accounting9.52 Ratings8.313 Ratings
    Configurable Accounting5.62 Ratings7.915 Ratings
    Centralized Rules Framework6.52 Ratings7.210 Ratings
    Standardized Processes7.02 Ratings8.315 Ratings
    Inventory Management
    Comparison of Inventory Management features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    37% below category average
    QuickBooks Desktop Premier
    8.0
    43 Ratings
    9% above category average
    Inventory tracking5.01 Ratings8.342 Ratings
    Location management5.01 Ratings8.825 Ratings
    Manufacturing module5.01 Ratings7.722 Ratings
    Automatic reordering00 Ratings7.321 Ratings
    Order Management
    Comparison of Order Management features of Microsoft Dynamics 365 Finance and QuickBooks Desktop Premier
    Feature
    Microsoft Dynamics 365 Finance
    5.0
    1 Ratings
    39% below category average
    QuickBooks Desktop Premier
    8.2
    47 Ratings
    10% above category average
    Pricing5.01 Ratings7.937 Ratings
    Order entry5.01 Ratings7.838 Ratings
    Cost of goods sold5.01 Ratings8.943 Ratings
    End-to-end order visibility5.01 Ratings8.59 Ratings
    Credit card processing00 Ratings9.134 Ratings
    Order Orchestration00 Ratings7.58 Ratings
    Order exception Resolution00 Ratings7.56 Ratings
    Best Alternatives
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.1 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.1 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
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Likelihood to Recommend
    6.0
    (3 ratings)
    8.2
    (75 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.5
    (14 ratings)
    Usability
    6.5
    (3 ratings)
    8.9
    (26 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (6 ratings)
    Performance
    -
    (0 ratings)
    9.0
    (5 ratings)
    Support Rating
    8.0
    (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
    Microsoft Dynamics 365 FinanceQuickBooks Desktop Premier
    Likelihood to Recommend
    Microsoft
    Its well suited for medium and large organizations that needs strong financial control , automated workflows , inter-company accounting and real-time reporting . It works wonderfully with all the Microsoft products . However , it may be less useful for small businesses as it requires a good investment in implementation , customization , licensing and user training
    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
    Microsoft
    • Financial reporting
    • Multi-company consolidation
    • Hub and spoke setup
    • Web-based access
    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
    Microsoft
    • More clarity on features going away
    • New feature showcases
    • Demonstrations for how things were intended to be used
    Incentivized
    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
    Microsoft
    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
    Microsoft
    As the UI is modern and user friendly which makes it easy to navigate . The dashboard , workspace and personalized view helps to access the right set of information with ease
    Incentivized
    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
    Microsoft
    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
    Microsoft
    No answers on this topic
    Intuit
    It takes forever to load.
    Incentivized
    Read full review
    Support Rating
    Microsoft
    They are good, but there is always room to be better.
    Incentivized
    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
    Microsoft
    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
    Microsoft
    Microsoft Dynamics 365 Finance is more robust, and can handle larger, more complex business operations, and have better delineation between corporate management and divisions in a company, but it is not flexible, nor easy to change. It is complex, inflexible, and difficult to incorporate new workflows or business rules to accommodate changes in the business. We have changed over the past decade and while F&O is big and robust, it is not nimble.
    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
    Microsoft
    No answers on this topic
    Intuit
    They're getting better. Still room for improvement.
    Incentivized
    Read full review
    Return on Investment
    Microsoft
    • Because F&O is not very nimble, we are looking to reimplement
    • The lack of interoperability has hindered our ability to use external tools to supplement shortcomings of the product
    • The inflexibility has lead to great frustration from team leads
    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