QuickBooks Online Advanced vs. SoftLedger

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online Advanced
Score 8.4 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
SoftLedger
Score 9.1 out of 10
N/A
SoftLedger, the real-time cloud accounting platform enabling accountants and developers to easily manage multiple entities, integrate with other systems, and close their books faster.
$750
per month
Pricing
QuickBooks Online AdvancedSoftLedger
Editions & Modules
No answers on this topic
Standard
$750
per month
Offerings
Pricing Offerings
QuickBooks Online AdvancedSoftLedger
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
QuickBooks Online AdvancedSoftLedger
Features
QuickBooks Online AdvancedSoftLedger
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online Advanced
8.0
98 Ratings
5% above category average
SoftLedger
9.1
1 Ratings
18% above category average
API for custom integration7.881 Ratings00 Ratings
Plug-ins8.186 Ratings9.11 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online Advanced
8.1
174 Ratings
1% below category average
SoftLedger
8.2
1 Ratings
0% below category average
Single sign-on capability8.0152 Ratings9.11 Ratings
Role-based user permissions8.1170 Ratings7.31 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online Advanced
8.1
187 Ratings
3% above category average
SoftLedger
8.2
1 Ratings
5% above category average
Dashboards8.4176 Ratings7.31 Ratings
Standard reports8.4186 Ratings9.11 Ratings
Custom reports7.5178 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online Advanced
8.2
191 Ratings
7% above category average
SoftLedger
8.2
1 Ratings
7% above category average
Accounts payable8.2185 Ratings9.11 Ratings
Accounts receivable8.5180 Ratings8.21 Ratings
Cash management8.3161 Ratings00 Ratings
Bank reconciliation9.0183 Ratings00 Ratings
Expense management8.2170 Ratings00 Ratings
Time tracking7.294 Ratings00 Ratings
Multi-currency support7.248 Ratings00 Ratings
Multi-division support7.783 Ratings00 Ratings
Regulations compliance8.286 Ratings00 Ratings
Electronic tax filing9.0106 Ratings00 Ratings
Self-service portal7.6103 Ratings00 Ratings
Primary and Secondary Ledgers9.080 Ratings9.11 Ratings
Intercompany Accounting7.880 Ratings00 Ratings
Journals and Reconciliations8.1166 Ratings8.21 Ratings
Enterprise Accounting7.970 Ratings00 Ratings
Configurable Accounting8.491 Ratings7.31 Ratings
Centralized Rules Framework8.668 Ratings00 Ratings
Standardized Processes8.2126 Ratings7.31 Ratings
Global Financial Support00 Ratings8.21 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online Advanced
6.5
77 Ratings
12% below category average
SoftLedger
8.2
1 Ratings
11% above category average
Inventory tracking6.577 Ratings7.31 Ratings
Automatic reordering00 Ratings9.11 Ratings
Location management00 Ratings8.21 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online Advanced
7.0
129 Ratings
6% below category average
SoftLedger
8.4
1 Ratings
12% above category average
Pricing7.192 Ratings9.11 Ratings
Order entry6.586 Ratings8.21 Ratings
Credit card processing7.4113 Ratings8.21 Ratings
Cost of goods sold00 Ratings9.11 Ratings
Order Orchestration00 Ratings7.31 Ratings
User Ratings
QuickBooks Online AdvancedSoftLedger
Likelihood to Recommend
8.3
(192 ratings)
9.1
(1 ratings)
Likelihood to Renew
9.8
(18 ratings)
-
(0 ratings)
Usability
8.3
(15 ratings)
9.1
(1 ratings)
Availability
9.2
(3 ratings)
-
(0 ratings)
Performance
9.6
(4 ratings)
-
(0 ratings)
Online Training
9.0
(3 ratings)
-
(0 ratings)
Implementation Rating
7.8
(9 ratings)
-
(0 ratings)
Configurability
9.0
(4 ratings)
-
(0 ratings)
Ease of integration
9.2
(4 ratings)
-
(0 ratings)
Product Scalability
9.7
(3 ratings)
-
(0 ratings)
Vendor post-sale
9.2
(4 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(3 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Online AdvancedSoftLedger
Likelihood to Recommend
Intuit
Quickbooks Online Advanced is extremely easy and quick to set up for new entities or if required as part of M&A. It is well suited to fast-moving businesses who do not have a single global ERP. It is less appropriate for multi-entity businesses of scale that require more group-based functionality.
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SoftLedger
They provide more robust capabilities overall than QuickBooks (who we were previously using).
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Pros
Intuit
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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SoftLedger
No answers on this topic
Cons
Intuit
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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SoftLedger
No answers on this topic
Likelihood to Renew
Intuit
It has become second nature to use Quick Books at the company. If you need a report you log in and pull the report. It helps expedite reconciliation of bank accounts, the automation of most tasks make it easy to get mundane tasks completed quickly.
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SoftLedger
No answers on this topic
Usability
Intuit
QuickBooks Online Advanced is highly usable and intuitive for most day-to-day financial tasks. Its interface is clear, and core functions such as invoicing, reconciliation, and reporting are easy to perform. While some advanced features like report customization or integrations can be less straightforward, overall the platform offers a smooth and efficient user experience.
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SoftLedger
Very intuitive....there was not much of a learning curve to catch on to the nuances of a new system
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Reliability and Availability
Intuit
In the 5 years I have been using it, I cannot recall there ever having been an outage or not being able to access the system. Sure, there are issues with internet speeds sometimes that are unrelated to Intuit but it is a very reliable system.
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SoftLedger
No answers on this topic
Performance
Intuit
Since we do not integrate the software with other systems, I do not have any issues with speed related to that. Pages tend to load pretty quickly, but there are times when reports or other pages take a little longer to load than usual. It is not an overly frustrating amount of time, though, and it happens infrequently.
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SoftLedger
No answers on this topic
Online Training
Intuit
The online training is good enough.
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SoftLedger
No answers on this topic
Implementation Rating
Intuit
I did not participate in this part particularly much. The implementation was simple and easy to perform. There were not any major issues that arose during the process. QuickBooks has made the processes pretty streamless and I believe they had anticipated many difficulties ahead of time. This was easy enough
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SoftLedger
No answers on this topic
Alternatives Considered
Intuit
QuickBooks Desktop is no longer being sold in the US, so we had to switch to the online version of the program. It is not a fully fleshed-out all-in-one solution offering everything the desktop version did. That being said, the desktop enterprise was overkill for many people.
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SoftLedger
No answers on this topic
Scalability
Intuit
Software is very flexible
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SoftLedger
No answers on this topic
Return on Investment
Intuit
  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
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SoftLedger
No answers on this topic
ScreenShots

SoftLedger Screenshots

Screenshot of a comparison of SoftLedger with other accounting platformsScreenshot of the SoftLedger balance sheetScreenshot of the SoftLedger report editorScreenshot of the SoftLedger PDF template editorScreenshot of Forex revaluation in SoftLedgerScreenshot of productions in SoftLedger