1000+
customers

50+ countries
across the world

Outsourcing leader
since 2008

Technology-driven
services

Stringent
quality processes

What Are The Alternatives of QuickBooks Accounting Software?

Last updated: 14 Feb, 2019 By | 6 Minutes Read

At Cogneesol, we normally make use of QuickBooks accounting software (Desktop or Web Based) for accounting and bookkeeping purposes. We think it fits our client’s requirements and is good for our goals. Nevertheless, we are aware that in an ever-changing accounting world, we need to keep ourselves updated on existing trends in accounting software and be prepared to offer insight, suggestions or perhaps guidance with other accounting solutions.

Therefore, for anybody thinking about QuickBooks substitutes, here are a couple of alternatives, we’re keeping an eye on nowadays:

1. Sage 50:

In case, you’ve at any time come across Peachtree, it is its new name after getting rebranded. Additionally, it is among the only critical competitors to QuickBooks for people requiring an on-premise accounting facility, which would most likely become useful in case you usually find yourself devoid of a good web connection when working.

Advantages:

  • On-premise accounting
  • Similar pricing to QuickBooks
  • Comparable functions to QuickBooks

Disadvantages:

Not QuickBooks: Although the features are comparable to Quickbooks as well as Sage 50, a great number of people find their encounters differ tremendously between the two; your best option is trying and test a demo of both and find out which is best for you.

2. Freshbooks:

Like Sage would be to QuickBooks, with regards to on-premise accounting, Freshbooks is regarded as the primary competitor to QuickBooks Online for online-based accounting. Freshbooks has acquired recognition behind a reputation for being incredibly easy-to-use, allowing work to be accomplished at a faster pace.

Advantages:

Cost: For a single user with 2 or 3 clients getting billed, the price of the accounting software is free, nevertheless in case you have a huge client base getting billed, the price increases to $30 or even more than double the cost of QuickBooks Online basic level variation.

User friendliness: By cutting out a few of the accounting tasks that QuickBooks Accounting Software has the ability to carry out, it makes it possible for users to pay attention to a far more specific group of tasks, to get rid of confusion and conserve time.

Integration with other applications: Freshbooks can readily be incorporated for use with applications like MailChimp, ConstantContact, Zendesk, BaseCamp Classic, and so on.

Disadvantages:

Cost: Although cost is amongst the advantages of this accounting software, it’s only an advantage in case you have somewhat limited client billing, or else it really is a shortcoming. For those who have plenty of clients, then the cost gets more than double that of QuickBooks Online.

Features: Although the deficit of features can make it simpler to browse through and use, it additionally causes it to underperform in comparison with QuickBooks. The lack of payroll functionality, check register, and also restricted expenditure management make QuickBooks far better, except if you don’t need these features.

3. Xero:

Xero prides itself on the program being user-friendly, which concentrates on importing day-to-day bank transactions. And they are creating big waves in the cloud-based accounting software arena, therefore certainly worth looking over!

Advantages:

Cost: At an amount of $19 monthly for about 5 invoices, or perhaps $29 a month for unlimited invoices and users, the cost is certainly right.

Integration: Xero is appropriate for other programs like payroll, CRM, and so on.

Disadvantages:

Features: Even though Xero is incredibly proficient at what it does, it additionally is lacking in the capability to deal with tasks in the manner in which QuickBooks accounting software does.

Also Read: How To Avoid Common Mistakes While Using QuickBooks?

Doubtful about which accounting software is appropriate for you? We can assist you to figure out your accounting requirements and put in place a proper account outsourcing services plans to match your requirements.

Call us at +1 646-688-2821 to get started today…

Latest Blogs

How can you leverage the benefits of Outsourcing Accounts Payable for Businesses?
Read More
blog-img

Virtual Bookkeeping: Everything You Need to Know [Infographic]

Read More
blog-img

Practical Ways for Lawyers to Be More Productive [Infographic]

Read More
blog-img

A Comprehensive Guide to Setting Realistic Revenue Goals for CPA Firms

Read More
blog-img

Role of BPO in the Insurance Industry: Experts Opinion

Read More
blog-img

Experience Optimal Growth by Outsourcing Policy Management Services

Read More