Priority AccountEdge vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Priority AccountEdge
Score 6.0 out of 10
Small Businesses (1-50 employees)
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.N/A
Thomson Reuters CS Professional Suite
Score 7.4 out of 10
N/A
Thomson Reuters CS Professional Suite is integrated tax and accounting software that manages the operations of legal firms. It is used to collect client data, and post finished tax returns, from managing client engagements to practice management.N/A
Pricing
Priority AccountEdgeThomson Reuters CS Professional Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Priority AccountEdgeThomson Reuters CS Professional Suite
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAccountEdge is available to new customers for $399. Optional product upgrades are released every year for $159 single-user upgrade or $249 multi-user upgrade.
More Pricing Information
Community Pulse
Priority AccountEdgeThomson Reuters CS Professional Suite
Top Pros
Top Cons
Features
Priority AccountEdgeThomson Reuters CS Professional Suite
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Priority AccountEdge
6.6
6 Ratings
8% below category average
Thomson Reuters CS Professional Suite
10.0
1 Ratings
33% above category average
Pay calculation10.06 Ratings10.01 Ratings
Benefit plan administration8.04 Ratings00 Ratings
Direct deposit files5.04 Ratings00 Ratings
Salary revision and increment management6.05 Ratings00 Ratings
Reimbursement management4.03 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Priority AccountEdge
9.0
7 Ratings
14% above category average
Thomson Reuters CS Professional Suite
8.2
4 Ratings
5% above category average
Role-based user permissions9.07 Ratings8.14 Ratings
Single sign-on capability00 Ratings8.33 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Priority AccountEdge
9.0
7 Ratings
19% above category average
Thomson Reuters CS Professional Suite
7.2
4 Ratings
4% below category average
Dashboards9.04 Ratings8.13 Ratings
Standard reports9.07 Ratings8.04 Ratings
Custom reports9.06 Ratings5.64 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Priority AccountEdge
7.2
8 Ratings
1% below category average
Thomson Reuters CS Professional Suite
8.6
4 Ratings
17% above category average
Accounts payable9.08 Ratings8.01 Ratings
Accounts receivable9.08 Ratings8.01 Ratings
Cash management8.12 Ratings10.01 Ratings
Bank reconciliation6.08 Ratings10.02 Ratings
Expense management6.06 Ratings10.01 Ratings
Time tracking6.04 Ratings9.01 Ratings
Multi-currency support9.03 Ratings7.12 Ratings
Multi-division support9.02 Ratings8.01 Ratings
Regulations compliance7.02 Ratings10.02 Ratings
Electronic tax filing7.04 Ratings8.01 Ratings
Self-service portal2.71 Ratings9.01 Ratings
Fixed asset management00 Ratings9.02 Ratings
Primary and Secondary Ledgers00 Ratings8.01 Ratings
Intercompany Accounting00 Ratings8.01 Ratings
Localizations00 Ratings8.01 Ratings
Journals and Reconciliations00 Ratings8.03 Ratings
Enterprise Accounting00 Ratings8.01 Ratings
Configurable Accounting00 Ratings8.01 Ratings
Centralized Rules Framework00 Ratings9.01 Ratings
Standardized Processes00 Ratings9.13 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Priority AccountEdge
8.0
6 Ratings
18% above category average
Thomson Reuters CS Professional Suite
10.0
1 Ratings
40% above category average
Inventory tracking8.06 Ratings00 Ratings
Automatic reordering8.01 Ratings00 Ratings
Location management8.03 Ratings10.01 Ratings
Manufacturing module8.02 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Priority AccountEdge
8.0
7 Ratings
11% above category average
Thomson Reuters CS Professional Suite
-
Ratings
Pricing8.05 Ratings00 Ratings
Order entry9.05 Ratings00 Ratings
Credit card processing6.05 Ratings00 Ratings
Cost of goods sold9.06 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Priority AccountEdge
5.0
3 Ratings
32% below category average
Thomson Reuters CS Professional Suite
8.5
1 Ratings
21% above category average
Plug-ins5.03 Ratings9.01 Ratings
API for custom integration00 Ratings8.01 Ratings
Best Alternatives
Priority AccountEdgeThomson Reuters CS Professional Suite
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.2 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.7 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Priority AccountEdgeThomson Reuters CS Professional Suite
Likelihood to Recommend
6.0
(18 ratings)
8.5
(4 ratings)
Likelihood to Renew
8.8
(10 ratings)
-
(0 ratings)
Usability
9.0
(3 ratings)
8.9
(2 ratings)
Availability
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.0
(3 ratings)
9.9
(2 ratings)
Implementation Rating
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
Priority AccountEdgeThomson Reuters CS Professional Suite
Likelihood to Recommend
Priority Software
If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
Read full review
Thomson Reuters
It is extremely suitable for the client since for us they are all US-based companies, even though the main headquarters of our business is in Mexico.

It is less appropriate in terms of usability than taxes, since it does not include adaptability to Mexican legislation, and its deployment through customizations and reports is extremely expensive.
Read full review
Pros
Priority Software
  • AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
  • For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
  • My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
  • Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
Read full review
Thomson Reuters
  • Allows users to create associations, groups, locations, or property types to categorize each asset.
  • Fixed Assets CS can be deployed in a virtual office setting or as a SaaS application.
  • Fixed Assets CS also supports common depreciation methods.
Read full review
Cons
Priority Software
  • My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
  • The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
  • It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
Read full review
Thomson Reuters
  • Requires a time investment for the learning curve to fully utilize the benefits provided by CS Professional Suite.
  • Older looking UI and aesthetic.
Read full review
Likelihood to Renew
Priority Software
Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
Read full review
Thomson Reuters
No answers on this topic
Usability
Priority Software
The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
Read full review
Thomson Reuters
The platform is stable even though a version for MacOS is also missed.

In general, the user management and administration process is intuitive and once the roles are defined it is simple and easy.

However, the user experience has become out of date in relation to other web-based platforms currently available on the market.
Read full review
Reliability and Availability
Priority Software
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
Read full review
Thomson Reuters
No answers on this topic
Support Rating
Priority Software
On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
Read full review
Thomson Reuters
Support for Thomson Reuters is very in-depth as they have a ton of knowledge articles that help troubleshoot common issues and gives a launching pad for users to learn more about the product and help them use the tools effectively and efficiently. When needed, reaching out to the live support is always prompt and we are able to effectively work past any issues that come up.
Read full review
Implementation Rating
Priority Software
unfortunately no.
Read full review
Thomson Reuters
No answers on this topic
Alternatives Considered
Priority Software
For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
Read full review
Thomson Reuters
Thomson Reuters is all I have experience with.
Read full review
Return on Investment
Priority Software
  • Increased employee efficiency - Time is no longer spent switching between programs because all of the information can be found in one place.
  • Customer service has also improved because employees find the program much easier to use, even at the point of sale.
  • Better record keeping - AccountEdge has a very simple invoicing application that allows us to keep track of and balance our accounts.
Read full review
Thomson Reuters
  • Not authorized to view the large scale picture of Thomson Reuters CS Suite on ROI, however, it has been a part of the business model for years with constant updates and is only getting more and more efficient as time goes on.
Read full review
ScreenShots

Priority AccountEdge Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of