Item: AccountEdge
Rating: 10
Author: Sharon L. Nash

Overall Satisfaction with AccountEdge

Use Cases and Deployment Scope

The clients I work with have multiple businesses from Sole Proprietorships to LLCs to S Corps to personal accounting. Co-mingling of funds has always been an issue. In a perfect world business expense come out of the business account, etc. etc. By using a Job code for expenses and income, I can combine multiple checkbooks and still run individual P&L's for those jobs. And yet at the end of the day, a client can see a Balance Sheet that represents their entire life.

Pros and Cons

Pros

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.

Cons

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.

Return on Investment

Transforming Quotes to Sales is seamless.
More knowledgable employees - those who use AccountEdge tend to think more outside the box.

Alternatives Considered

QuickBooks for Mac

Some of my clients use QuickBooks, some use AccountEdge. Hands down I prefer the user friendliness of AccountEdge over QuickBooks. There is no comparison in the return on profit when having the proper tools to be able to do a task efficiently and quickly. The more time wasted doing simple tasks means more profit walking out the door instead of going into your pocket.

Likelihood to Recommend

Most people use QuickBooks because their accountant does. I tell them if your accountant said they could only drive a Ford and not a Chevy would you think they are very smart? NO, You should not trust your accounting to someone who can only use QuickBooks. Find an accountant who is competent in AccountEdge. If you really like your accountant and they only use QuickBooks and you wouldn't mind suffering to use an inferior product so you can please them, by all means stay with what you are using. However, if you want the job done more efficiently use AccountEdge.

Using AccountEdge

Likelihood to Renew

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.

Comments

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IF Your Accountant cannot Drive a Chevy - Run. Run fast.

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