AccountEdge Reviews and Ratings

Use Cases and Deployment Scope

We use AccountEdge as our company's accounting platform. Used for invoicing customers, tracking sales, and payroll. We used to use Quickbooks, but a number of years ago when they announced that they would no longer be supporting Mac users, we needed to find an alternative, and AccountEdge (MYOB at that time) was the answer.

Likelihood to Recommend

This recommendation rating would have been much higher before the Checkout POS problems described earlier, as it's harder to recommend a company that we are not confident will continue to support customers into the future. As for scenarios, AE has been a good fit for tracking our accounts. We have retail, design, and custom printing services, advertising sales, and newspaper subscriptions to manage, and AE works well for all of them.

Use Cases and Deployment Scope

As a small company, I needed something that did time tracking with multiple project codes and was a true double entry accounting system. AccountEdge fulfills those needs. Even though it is a full double-entry accounting system, it has a good user interface and is relatively easy to use.

It also sports a decent help system and access to a knowledge base. Even though they upgrade it every year, I haven't had the need to upgrade the software for 3 years and it continues to work fine with the latest OS ( Mac OS Mojave).

Likelihood to Recommend

<ul><li>Well suited to small to medium business with 1-50 people, strong accounting, payroll, and time tracking, also has modules for remote access and mobile time tracking.</li><li>They also provide a free license to a company's accountant ( if not in-house).</li></ul>

Use Cases and Deployment Scope

I use AccountEdge for three small business. I have been using the software since 1996 when it was marketed as MYOB and was the only professional bookkeeping software available for Apple computers. Since then, I have remained faithful through re-writes and acquisitions. Overall, I really like the software and have found it to be very adaptable to my needs in the different companies (more on that later). I have a small amount of experience with Quickbooks for Mac, so I can offer some generalized comparisons.

I use AccountEdge mostly for ledger entry of transactions, client/contractor/employee information, and to run reports for tax and accounting purposes. I do not use it for its (formidable) inventory, billing, merchant services and invoicing capabilities.

Likelihood to Recommend

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).

Use Cases and Deployment Scope

I am a one-person graphic design company and I use AccountEdge to manage my business payables and receivables. It lets me easily input my expenses, assign them to a project, if applicable and then when I am ready to bill the client I can mark-up the expenses and easily bill my clients knowing that I am not forgetting to bill anything.

Likelihood to Recommend

I am a sole practitioner, graphic designer and I find Accountedge has been very easy to use. I don't take advantage of the inventory tracking or timesheet capability that it offers but I do use it to easily track and code expenses and invoice clients.

Use Cases and Deployment Scope

AccountEdge Pro is used by all staff and is the primary base for our inventory, invoicing and service deployment.

Likelihood to Recommend

AccountEdge is very well suited for a blend of a retail and service provider business that has a dedicated need for inventory management and ease of order management from quote through to invoice deployment.

Use Cases and Deployment Scope

We currently use AccountEdge for our company wide accounting resource, including AR/AP, Payroll and inventory management.

Likelihood to Recommend

Given the poor customer support, lack of VPN and a worthwhile web solution, I would avoid it. We are looking at switching over to Xero as an alternative.

Use Cases and Deployment Scope

I've been using AccountEdge for my business and household in addition to using it with clients since 1999. For me, simply put, its function is to show me the money trails. With it I track credit card &amp; bank balances, reconcile to the penny and know exactly the areas of my business and/or household spending is occurring.

On the flip side, I do all of my time tracking and billing for my business through AccountEdge. It manages my A/R, client retainers as well as allows me to set up various reminders.

For my clients I have used the built in payroll module, jobs for project tracking, Departments &amp; Inventory Management. The built in reporting is powerful, allowing me to analyze and review business health with my clients.

Likelihood to Recommend

I feel AccountEdge is <i>almost</i> universally well suited for most small &amp; medium businesses - either manufacturing or service based. There are a few caveats however. The first thing that needs to be assessed is how the product will be used. If a user desires a cloud based product, this may not the the right accounting suite for them. While there is some cloud functionality with the addition of <b>AccountEdge Cloud</b> as a <b>data entry portal</b>, it must be understood that ultimately the database resides somewhere on someone's desktop and continual syncing is required.

Another area that for some is tricky, is inventory valuation. The value is tracked by averaging the product cost vs first in first out (FIFO).

Once the user passes these initial questions, the versatility of the software makes it easy to accommodate a variety of business models. I especially use it with creatives - photographers, writers, agents, producers, artists, designers, etc. The job (project) tracking especially shines here with the facilitation of budget creation.

Use Cases and Deployment Scope

I use AccountEdge for my company's accounting, including billing, accounts receivable, and retainers, accounts payable, and payroll. As a 'lone eagle,' I don't have any staff doing this, I do it myself. I started with it back in 1995, when it was called "MYOB" for "Mind Your Own Business." While the program is available both for Windows and Mac computers, I have always used it on a Mac. I have some clients who have used the PC version; I can work with their data file on my Mac without having to do special backups, because the data file itself is completely cross-platform compatible, unlike some competitive products.

Likelihood to Recommend

If you are doing your accounting on a Mac, this is the go-to accounting application. The major competitor doesn't come close in features. For both PC and Mac users, the major competitor does too many things inside a black box, so you don't know for sure how it comes up with some of the results it shows. AccountEdge doesn't have those hidden "features."

Use Cases and Deployment Scope

The office employees (3 to 4) at a small custom frame company used the software to generate quotes, invoices, and keep track of payments. There was a part-time bookkeeper who used the software most frequently, but all office employees used AccountEdge on a daily basis.

Likelihood to Recommend

It is well suited to small businesses in my opinion.

Use Cases and Deployment Scope

We use AccountEdge for accounting in our own bookkeeping services company and we also support clients who use it, most commonly on Mac computers, but also on Windows. It is ideal for those clients who need robust job costing and/or inventory, as well as integrated payroll that passes payroll costs through to jobs seamlessly. Other things it supports that its closest competitor, QuickBooks for Mac, does not are retainers and escrow accounts, multi-currency, and product variations in inventory like color, size, etc. One unique feature is a third way to categorize transactions, so that you can label a transaction with a job, a category (like classes in QuickBooks) and a department, all at once. I know of no other small business accounting software that offers that, on Mac or Windows. Finally, there is a mobile app as well as web browser access to be able to add transactions (like invoices for customers or expenses at the point of purchase) and to track time and then sync the data back to the company file. Employees can be given access to that feature without accessing any company information. It also integrates with Shopify web stores and their own Enstore web store software too!

Likelihood to Recommend

It is well-suited to small to medium businesses who prefer Macs and have sophisticated accounting needs that are not handled by QuickBooks for Mac, like inventory, job costing, web store integration, and integrated payroll. It is especially helpful if non-accounting employees (and owners) need to do transactions and time tracking in the field and sync it back to the company file. However, it is not well-suited to micro businesses with owners who have limited accounting knowledge.