QuickBooks Online Advanced vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online Advanced
Score 7.9 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
Thomson Reuters CS Professional Suite
Score 7.5 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
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
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
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Top Pros
Top Cons
Features
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online Advanced
8.5
90 Ratings
19% above category average
Thomson Reuters CS Professional Suite
8.5
1 Ratings
19% above category average
API for custom integration8.773 Ratings8.01 Ratings
Plug-ins8.478 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online Advanced
8.2
160 Ratings
3% above category average
Thomson Reuters CS Professional Suite
8.2
4 Ratings
3% above category average
Single sign-on capability8.1143 Ratings8.33 Ratings
Role-based user permissions8.2156 Ratings8.14 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online Advanced
8.6
173 Ratings
13% above category average
Thomson Reuters CS Professional Suite
7.2
4 Ratings
5% below category average
Dashboards8.8163 Ratings8.13 Ratings
Standard reports8.8172 Ratings8.04 Ratings
Custom reports8.1164 Ratings5.64 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online Advanced
8.1
175 Ratings
9% above category average
Thomson Reuters CS Professional Suite
8.6
4 Ratings
15% above category average
Accounts payable8.7169 Ratings8.01 Ratings
Accounts receivable8.9164 Ratings8.01 Ratings
Cash management8.0145 Ratings10.01 Ratings
Bank reconciliation8.2167 Ratings10.02 Ratings
Expense management8.5154 Ratings10.01 Ratings
Time tracking8.088 Ratings9.01 Ratings
Multi-currency support7.444 Ratings7.12 Ratings
Multi-division support8.374 Ratings8.01 Ratings
Regulations compliance7.977 Ratings10.02 Ratings
Electronic tax filing9.097 Ratings8.01 Ratings
Self-service portal8.692 Ratings9.01 Ratings
Primary and Secondary Ledgers8.773 Ratings8.01 Ratings
Intercompany Accounting6.874 Ratings8.01 Ratings
Journals and Reconciliations8.4151 Ratings8.03 Ratings
Enterprise Accounting6.863 Ratings8.01 Ratings
Configurable Accounting8.581 Ratings8.01 Ratings
Centralized Rules Framework6.961 Ratings9.01 Ratings
Standardized Processes7.7115 Ratings9.13 Ratings
Fixed asset management00 Ratings9.02 Ratings
Localizations00 Ratings8.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online Advanced
8.1
70 Ratings
14% above category average
Thomson Reuters CS Professional Suite
10.0
1 Ratings
35% above category average
Inventory tracking8.170 Ratings00 Ratings
Location management00 Ratings10.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online Advanced
8.8
118 Ratings
17% above category average
Thomson Reuters CS Professional Suite
-
Ratings
Pricing8.786 Ratings00 Ratings
Order entry8.879 Ratings00 Ratings
Credit card processing9.0103 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online Advanced
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
29% above category average
Pay calculation00 Ratings10.01 Ratings
Best Alternatives
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Likelihood to Recommend
8.9
(175 ratings)
8.5
(4 ratings)
Likelihood to Renew
9.5
(6 ratings)
-
(0 ratings)
Usability
9.5
(4 ratings)
8.9
(2 ratings)
Support Rating
-
(0 ratings)
9.9
(2 ratings)
Online Training
9.1
(1 ratings)
-
(0 ratings)
Implementation Rating
6.5
(3 ratings)
-
(0 ratings)
Configurability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
QuickBooks Online AdvancedThomson Reuters CS Professional Suite
Likelihood to Recommend
Intuit
I gave this rating more from the standpoint that I enjoy using other bookkeeping platforms more than I enjoy QuickBooks Online Advanced. While QuickBooks Online Advanced is a solid platform that I have no issue working in, there are some areas that could be improved. The biggest of these areas is the overall design of the platform. I feel that when you first log in and are brought to the home screen, everything just looks cluttered.
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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.
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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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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.
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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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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.
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Likelihood to Renew
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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Thomson Reuters
No answers on this topic
Usability
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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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.
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Support Rating
Intuit
No answers on this topic
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.
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Online Training
Intuit
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Thomson Reuters
No answers on this topic
Implementation Rating
Intuit
Need to make an option for non-profit organizations
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Thomson Reuters
No answers on this topic
Alternatives Considered
Intuit
I have not evaluated any yet. I have used QuickBooks since 2008 and I used Sage in the corporate environment before using QuickBooks. Honestly, I can't remember it because it was early 2000's. I thought about evaluating and looking because of the issues I've had with QuickBooks, but I haven't really investigated.
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Thomson Reuters
Thomson Reuters is all I have experience with.
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Return on Investment
Intuit
  • Positive - time and accuracy: Improved bank feeds with rules for automating categorization (expense account) of transactions.
  • Negative - time and efficiency: Very slow response in data entry such as estimates, purchase orders, invoices, sales receipts, bills & bill payment, and even check writing.
  • Negative - time and error correction: Payroll taxes and sales taxes remain in their own silos and are very difficult to correct OR wrong to correct with regular ledger and transaction entries.
  • Negative - time and reporting: Customer activity cannot be tracked using deposits or JE'd transactions. Reporting and research require the use of transaction forms such as invoices, sales receipts, payments, and credit memos. As an example, the transaction register for a customer can be sorted by various parameters. A default is "All" transactions but does not include all transactions -- you have to select "All plus deposits" and you will also not see checks. This is about the same for Vendor activity, where deposits (e.g. refunds) will not show in the vendor's activity register. A vendor credit memo is required, then the refund can be pushed against that credit balance. The credit memo will appear in the vendor register, but a deposit will not.
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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.
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ScreenShots