If you are just setting up the accounting system for your business and having a difficult time in selecting the best accounting software then, this is a must-read article.
There are different accounting software available in the market, such as QuickBooks Desktop, Sage 50, Freshbooks, etc. All software has its own set of advantages and disadvantages.
For example, you can host easily QuickBooks Desktop in a cloud but, there are several constraints in hosting other accounting software. Because of which, QuickBooks hosting is considered the most feasible accounting solution.
To ensure maximum ROI from the accounting software, it is quintessential to have a proper understanding of different available software and select the only one that fits best with your business.
In this blog post, we will help you to select the best accounting software by comparing the most loved and comprehensive QuickBooks Desktop with other accounting software.
QuickBooks Desktop vs Sage 50
| Description | QuickBooks Desktop | Sage 50 |
| Pricing model | Monthly, one-time payment, annual subscription | Annual subscription |
| Major advantage | Consists of all the features needed for managing all the financial activities | Has extremely easy layout and user interface |
| Industry specific | QuickBooks has industry-specific products for different industries, such as manufacturers, contractors, retailers, etc. | It doesn’t have industry-specific features |
| Available languages | US, UK, Canada, International | US, UK, Canada |
QuickBooks Desktop vs Freshbooks
| Description | QuickBooks Desktop | Freshbooks |
| Pricing model | Monthly, one-time payment, annual subscription | Monthly, annual subscription |
| Major advantage | It consists of all accounting features and tools needed by SMBs | This software makes billing process easy, otherwise, it doesn’t have any edge over QuickBooks |
| Industry specific | This software comes with industry-specific accounting solutions | It doesn’t have any customized product or versions |
| Available languages | US, UK, Canada, International | USA, UK, Canada, International, China, Germany, India, Japan, Spain, France, Russia, Italy, Dutch, Portugal, Polish, Turkish, Swedish |
QuickBooks Desktop vs Xero
| Description | QuickBooks Desktop | Xero |
| Pricing model | Monthly, one-time payment, annual subscription | Monthly payment |
| Major advantage | It is hosted in a dedicated as well as cloud servers, which assure the most advanced security mechanism, speed and more | This software has only online editions, so it is not much secure and fast |
| Industry specific | Designed to meet industry-specific accounting needs | This software also has specific features designed to cater accounting needs of different industries |
| Available languages | US, UK, Canada, International | US, UK, Canada, International |
QuickBooks Desktop vs Wave Accounting
| Description | QuickBooks Desktop | Wave Accounting |
| Pricing model | Monthly, one-time payment, annual subscription | Free |
| Major advantage | It is one of the pioneered software and a household name delivering the most comprehensive accounting solutions | It is a new software, and therefore, often not much trusted by businesses. However, it is perfect if you need a software only for invoicing |
| Industry specific | It provides industry-specific accounting solutions | It doesn’t have customization options |
| Available languages | US, UK, Canada, International | US, UK, Canada, International |
QuickBooks Desktop vs FreeAgent
| Description | QuickBooks Desktop | FreeAgent |
| Pricing model | Monthly, one-time payment, annual subscription | Monthly payment |
| Major advantage | This software caters the overall accounting needs of different SMBs | It caters only a few accounting needs and that too of small businesses only. |
| Industry specific | It comes with customized options for different industries | It doesn’t have any customization option |
| Available languages | US, UK, Canada, International | US, UK, Canada, International |
The Way Forward
Compared with other accounting software, QuickBooks Desktop is loaded with much more advantageous features and tools, such as Advanced Reporting, Advanced Inventory and Advanced Pricing. To get the most comprehensive accounting solution, it is, therefore, advisable to select QuickBooks Desktop.
Further, to enrich QuickBooks experience, and that too at an affordable price, then you can host QuickBooks Desktop in a cloud. QuickBooks hosting enhances overall speed, flexibility and security of QuickBooks Desktop, and guarantees the most advanced accounting solutions for your fast-growing business.