Overview
What is Priority AccountEdge?
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.…
Finally, a left-brained accounting program for us right-brained Mac users!
Great Accounting solution for the Mac (Supports Canada tax and payroll!)
AccountEdge -22 years of experience
AccountEdge-An alternative to QuickBooks
On The Edge with AccountEdge
AccountEdge Pro Goes The Distance
Give your business an edge with AccountEdge
AccountEdge, not worth the trouble.
AccountEdge: a basic accounting solution
AccountEdge is the complete accounting software solution for Macintosh, if you need more than what other programs offer
IF Your Accountant cannot Drive a Chevy - Run. Run fast.
AccountEdge for small businesses
AccountEdge works! well.
AccountEdge: Big Tool for a Small Business
Short AccountEdge review
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Accounts payable (8)9.090%
- Accounts receivable (8)9.090%
- Role-based user permissions (7)9.090%
- Bank reconciliation (8)6.060%
Pricing
What is Priority AccountEdge?
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…
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. Users can create and send professional quotes and invoices, track income and expenses and know…
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 10Pay calculation(6) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 8Benefit plan administration(4) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 5Direct deposit files(4) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 6Salary revision and increment management(5) Ratings
Salary revision is the ability to modify individual employee pay.
- 4Reimbursement management(3) Ratings
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 5Plug-ins(3) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 9Role-based user permissions(7) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 9Dashboards(4) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 9Standard reports(7) Ratings
The software offers pre-built reports with metrics standard to the category.
- 9Custom reports(6) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 9Accounts payable(8) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 9Accounts receivable(8) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 8.1Cash management(2) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 6Bank reconciliation(8) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 6Expense management(6) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 6Time tracking(4) Ratings
The software can track billable and non-billable employee time by project.
- 9Multi-currency support(3) Ratings
The software supports transactions across multiple currencies.
- 9Multi-division support(2) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 7Regulations compliance(2) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 7Electronic tax filing(4) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 2.7Self-service portal(1) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 8Inventory tracking(6) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 8Automatic reordering(1) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 8Location management(3) Ratings
The software can track multiple goods across multiple locations.
- 8Manufacturing module(2) Ratings
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Order Management
The ability to process orders, and track them from quote to cash.
- 8Pricing(5) Ratings
Users can set up complex and unique pricing requirements.
- 9Order entry(5) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 6Credit card processing(5) Ratings
The software facilitates credit card processing.
- 9Cost of goods sold(6) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Priority AccountEdge?
AccountEdge Pro is a complete small business accounting and management solution for a Mac or Windows office, with everything users need to make sales and purchases, run payroll, track and build inventory, bill for time, and manage contacts.
The vendor says business can do the following with AccountEdge Pro:
Invoicing & Quotes
Create quotes, orders, and invoices for services, time, or items sold. Process payments on orders and invoices.
Banking
Spend and receive money, prepare bank deposits and electronic payments, print checks, and reconcile accounts.
Purchase Orders
Create and track your purchase orders and bills. Receive items, pay bills, and send payment notifications.
Time Billing
Bill for your activities based on customer, employee, or activity billing rates. Track employee hours with timesheets.
Pay Your Employees
Pay your employees directly, or sign up for Full Service Payroll. Keep track of vacation and sick time, 401K, and health care deductions.
Inventory
Track item locations, variations, and sell online. Build kits from individual items. Keep track of item details.
Sell Online
Sell items online with Shopify. Sync existing inventory items for sale online and download online orders directly to AccountEdge. No re-entry of data required.
AccountEdge Cloud
AccountEdge Cloud is a browser-based web application that allows users to create quotes, orders and invoices for items and activities.
Priority AccountEdge Features
General Ledger and Configurable Accounting Features
- Supported: Accounts payable
- Supported: Accounts receivable
- Supported: Bank reconciliation
- Supported: Expense management
- Supported: Time tracking
- Supported: Multi-currency support
- Supported: Multi-division support
- Supported: Regulations compliance
- Supported: Electronic tax filing
Inventory Management Features
- Supported: Inventory tracking
- Supported: Automatic reordering
- Supported: Location management
- Supported: Manufacturing module
Order Management Features
- Supported: Pricing
- Supported: Order entry
- Supported: Credit card processing
- Supported: Cost of goods sold
Payroll Management Features
- Supported: Pay calculation
- Supported: Benefit plan administration
- Supported: Direct deposit files
- Supported: Salary revision and increment management
- Supported: Reimbursement management
Reporting & Analytics Features
- Supported: Dashboards
- Supported: Standard reports
- Supported: Custom reports
Customization Features
- Supported: Plug-ins
Security Features
- Supported: Role-based user permissions
- Supported: User-level audit trail
Priority AccountEdge Screenshots
Priority AccountEdge Integrations
Priority AccountEdge Competitors
Priority AccountEdge Technical Details
Deployment Types | On-premise |
---|---|
Operating Systems | Windows, Mac |
Mobile Application | No |
Supported Countries | United States, Canada |
Supported Languages | English |
Frequently Asked Questions
Priority AccountEdge Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 75% |
Mid-Size Companies (51-500 employees) | 25% |
Enterprises (more than 500 employees) | 0% |
Comparisons
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Reviews and Ratings
(32)Community Insights
- Business Problems Solved
AccountEdge is a versatile accounting software that is used by various businesses and departments for a range of tasks. With over 20 employees relying on it for accounting and order entry purposes, AccountEdge has become a daily staple in many organizations. Users have praised its ability to track credit card and bank balances, reconcile accounts, and monitor business and household spending. Additionally, the software is commonly used for time tracking, billing, and managing accounts receivable and client retainers.
One of the standout features of AccountEdge is its robust reporting capabilities, which allow users to analyze and review the health of their businesses. It is particularly popular among bookkeeping services companies due to its support for job costing, inventory management, and integrated payroll. Furthermore, AccountEdge offers unique features like third-way transaction categorization and mobile app/web browser access for adding transactions and tracking time.
The software also integrates seamlessly with other programs such as Shopify web stores and Enstore web store software. Users have found value in AccountEdge's adaptability to different business needs, even dating back to its earlier version called MYOB. Its compatibility with Macintosh systems and direct customer support from the company make it a reliable choice for businesses across various industries.
AccountEdge serves as an all-encompassing accounting solution, covering areas such as receivables, payables, payroll, general ledger reporting, taxes, and banking. It caters to the needs of small printing companies by facilitating inventory management, invoicing customers, and service deployment. Moreover, it enables tax reporting and financial analysis for businesses of all sizes.
One user who had been using QuickBooks made the switch to AccountEdge due to its better support for Mac users. It has proven effective in managing payables and receivables for a one-person graphic design company. Another satisfied user includes a small custom frame company with three to four office employees who utilize AccountEdge daily for tasks like bookkeeping, AR/AP processes, invoicing, and maintaining customer information. By keeping all company and customer data organized in one location, AccountEdge offers convenience and efficiency for its users.
Attribute Ratings
Reviews
(1-10 of 10)- Supports Mac users. They have worked to overcome major changes implemented by Apple that were challenging.
- Interface makes it easy for users at all levels to do what they need to in the program.
- Does the heavy lifting for payroll, taxes, and accounts.
- Probably our biggest beef is the sales pitch a while back to incorporate their POS system Checkout that was supposed to integrate hand in glove with AccountEdge (it never really did.) Now the company has abandoned the POS program (even the website is now a 404 error page). Checkout is glitchy, and rather than improving it, they just dropped it and left users like us who bought into it unsupported. That doesn't reflect well on the company's customer service in our view. We've been AccountEdge users from back when it was MYOB, but our confidence in their future dependability has been strongly impacted by this move, and if something else came along, our hard-earned loyalty might not be as firm as it has been in the past.
- Some tasks in AccountEdge take a long time to complete (go get a coffee while the spinning beachball turns).
- Don't know the feasibility, but it would be nice to have access to older transactions, maybe even in some kind of read-only format.
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).
- Easy to use time tracker with multiple project codes
- Easy to use interface
- Flexible reporting system
- Better custom reporting setup, current interface (AccountEdge Pro-2015) is rather dated.
- I don't think the interface use for the custom reporting has been updated even in the 2018 version
- Still has a bit of "wonky" interface when exporting Excel reports ( wants to over-right open files)
- 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.
- They also provide a free license to a company's accountant ( if not in-house).
AccountEdge -22 years of experience
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.
- AccountEdge is great for running reports. It allows you to look up information in numerous ways. I like the fact that the Balance Sheet and Profit and Loss reports are interactive so in the screen view mode (as opposed to the printed report) you can easily drill down into accounts and transactions.
- AccountEdge is also good at creating invoices and statements. Check printing and modifying check layout.
- The software is quite easy to install and get up and running. The company provides a lot of information on their site, and there is a generous community on their user forum.
- Reconciliations are fairly easy IF you are not expecting to be able to link your bank accounts to the software. AccountEdge does not do that yet (at least in the US). This is a major flaw in the software--one that I hope is addressed in the very near future.
- I like that they offer merchant services and point of purchase sales support, but I have no experience in using those capabilities.
- Linking directly to bank accounts. It seems to be the wave of the future, and it is a big glaring omission from the AccountEdge arsenal of tools.
- AccountEdge allows printing of government tax forms from within the program, but it is at an additional cost and runs on a separate (but somewhat integrated) ap called Formviewer. This is somewhat clunky to use. I have never been able to get it to print US 1099/96 forms correctly. What's up with that?!
- Similarly, AccountEdge offers direct filing of US government tax documents through a third party. This is also somewhat opaque and clunky. I bought the service this year and thought it was an "all in" purchase, only to find when I went to file W-2's that there was a per employee charge. Maybe I missed the memo as I was trying to sign up for this service, but I felt taken advantage of when I had to pull trig and pay twice.
- Finally, it is needlessly opaque and complicated to figure out how to purchase and use the printable forms and government eFiling. It almost feels like a scam. I'm hoping that the new owners fix this, pronto. There is no room in today's world of consumer and business software for hidden costs and incomplete or missing information at the point of purchase and installation.
On The Edge with AccountEdge
- AccountEdge allows us to control our services provided to in the steps from quote complete through invoice delivery.
- AccountEdge seamlessly manages our customer base from individuals through to multi-employee and department businesses.
- Order creation is simple and easy to understand and deploy
- Transition between yearly version updates/upgrades could be smoother.
- Multi-user deployment and use can frequently cause the program/app to crash or continue to display logged out users as logged-in.
AccountEdge Pro Goes The Distance
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 & Inventory Management. The built in reporting is powerful, allowing me to analyze and review business health with my clients.
- 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.
- While I absolutely love AccountEdge and feel it is a superior desktop solution there is always room for improvement. While all wish list items don't fit everyone's needs I think there is one we could universally agree upon. So, if I had to choose one thing I would like to see different I will have to say dynamic selection lists. While this is currently available on AE Mobile, it still hasn't come to the desktop. As someone who works on numerous files it would be incredibly helpful to be able to start typing either the name or account # and have AccountEdge narrow the selection down by character string.
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.
Give your business an edge with AccountEdge
- Some of my clients have had international activity. For them keeping track of transactions in currencies other than the US dollar has worked very well, though it does mean having to have a history of exchange rates handy to get the correct rate for a transaction date.
- The new "Retainers, Escrows, and Trusts" feature (since 2013) has been a welcome addition. I use it for clients who have prepaid for my services.
- I make extensive use of the ability to export reports to Excel templates. Creating an Excel table from the export file, and then using Pivot Tables, I can summarize data in ways that expand what AccountEdge can do. For example, I can summarize cash receipts by payment type, and tie to the Forms 1099-K that the credit card companies send.
- Another new feature I have started using is "Pay Payroll Liabilities." It provides an easy "check-off" of the taxes or other payables to specific agencies.
- I love the ability to custom-design the chart of accounts. In most circumstances having four levels of detail is sufficient. But sometimes it would be nice to have another level or two, especially for manufacturing businesses. And when a client has put something that should be a "Cost of Sales" account into the "Expenses" section, it would be nice to be able to change the account type to get it to the correct section, so that the income statement puts it in the right place.
- A feature I learned about some years ago can be very helpful if you discover that a correction needs to be made in a prior year — for example, sometimes a client will set up a purchase order, with a payment, and forget to convert it to a bill. If that conversion is done the next fiscal year, it puts the cash basis expense into the wrong year. But by "starting a New Fiscal Year" and choosing to go BACK a year (i.e., from 2015 to 2014) instead of the normal forward, you now can fix that mistake in the correct period. Then go back to the current fiscal year for ongoing transactions.
- 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.
- Complete Macintosh accounting software solution
- Robust inventory with price levels, quantity price breaks, and item assemblies
- Robust Job costing including progress billing, budgets, and profitability
- Mobile and web apps to add transactions from anywhere to sync back to your company file
- Integrated payroll
- Retainers and escrow accounts
- Three levels of transactions categorization-jobs, categories, and departments
- Multi-currency
- Network capable for multiple simultaneous users
- Ability to see profitability on an individual invoice
- Company file can be transferred back and forth between Mac and Windows with NO conversion needed.
- Can import text files of practically any kind of transaction
- Less user-friendly than QuickBooks for Mac, though not by much
- Reports lack some flexibility in choosing what items to include or filter, as well as sorting flexibility
- Does not retain data from previous years by default, which has both advantages and disadvantages
- Job Coding - Forget having a set of books for each venture a client undertakes. Merge them all together and use the Job Coding to keep them separate.
- Sorting - It is extremely helpful to be able to view the Bank Register window by Name, Account, Amount, etc. I can quickly sort by Name and see the last time I paid someone or by Account to see if everything looks correct.
- Reconciling Statements - Being able to view by Debits or Credits allows you to quickly find the amount. Also, genius idea to have the items you mark instantly have a blue background which allows your eye to quickly scan the remaining numbers.
- Autofill - In the Spend Money Window, when I key in a Vendor which is only used for Fuel it would be nice if it filled in FUEL.
- I would like to not have to pay for the Payroll Tax Tables updates in the Do It Yourself Payroll Program.
AccountEdge: Big Tool for a Small Business
- Because AccountEdge has so many different uses, we are able to carry out every step of a sale in one single program. Everything from order placement, to invoicing/billing, to balancing accounts.
- AccountEdge is very user friendly. It is laid out in a way that is very easy to learn and simple to understand.
- AccountEdge is very well supported. Any time that we had problems with the program we were able to get a hold of someone to help us fix it.
- There are no integration options for printing shipping labels. It would be a useful feature to provide so that small companies that are using the product for the entire order-placing process would no longer need to use a second program to print labels.
- The user interface is simple to use, but is very outdated. AccountEdge could use a make-over.
- As far as Inventory Control goes, the system is very basic. It would be nice to see some improvements that allow for better manageability of inventory levels for a retail company.
AccountEdge Pro's & Con's
- User-friendly. The program is very well organized and laid out.
- Easy to manipulate and customize.
- There's room for error and mistakes can always be corrected.
- Congruence with email systems.
- Implementation of copy/paste functionality.
- Addition of "share" button.
- Addition of "work completed" or "history" for daily tasks and tracking.