CPA Practice Advisor

JUN 2015

Today's Technology for Tomorrow's Firm.

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June/July 2015 • www.CPAPracticeAdvisor.com 15 SMALL BUSINESS ACCOUNTING SYSTEMS Reviews BEST FIT Smal l to mid- sized businesses looking for solid accounting func- tionality along with product scal- ability. STRENGTHS • Tree editions available • Solid Payroll option • Easy system navigation • Integrates w ith numerous spe- cialty market products • Strong sales capability POTENTIAL LIMITATIONS • No t r u e c l o u d b a s e d o p t io n available at this time SUMMARY & PRICING An excellent ft for small to mid- sized businesses, prices start at $1,800 for a single user system, with add-on modules available at an additional cost. www.cougarmtn.com BEST FIT Tough the desktop version of QuickBooks remains the most popular version of the sofware, those with the need for more fexibility and mobile use will fnd this product may suit their needs. STRENGTHS • E xcel lent selec t ion of add-on applications for product • Several diferent versions of the product available • Product allows for importing of data from desktop version • E a s y s y s t e m s e t u p a n d u s e r interface POTENTIAL LIMITATIONS • Fe a t u r e s v a r y f r o m d e s k t o p version of product SUMMARY & PRICING QuickBooks Online ofers a variety of versions and pricing options for users. QuickBooks Online Self- Employed is $7.99 per month. QuickBooks Online Simple Start is $12.95 per month. Essentials is $26.95 per month, and QuickBooks Online Plus is $39.95 per month. QuickBooks Online Payroll is extra, with special pricing available for those who bundle the products. www.quickbooks.com/online BEST FIT Small businesses with a need for solid inventory and sales manage- ment capability. STRENGTHS • Sol id i nventor y ma nagement capability • Comprehensive, easy to under- stand system setup • Multi-currency capability • Available for both Windows and Mac users • Good reporting options POTENTIAL LIMITATIONS • Mobile apps need to be synced with desktop system SUMMARY & PRICING Professional accountants serving clients can receive a free copy of the multi-client version of Account- Edge Pro. R eg u lar p r i c i ng f o r businesses starts at $399 for new customers, with annual upgrades starting at $159. www.acclivitysoftware.com Cougar Mountain Denali QuickBooks Online Acclivity AccountEdge Pro Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12074947 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12074926 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12074923 4.75 4.75 4.5 2015 OVERALL RATING 2015 OVERALL RATING 2015 OVERALL RATING BEST FIT FreshBooks is designed for the very small business owner that wants to use mobile technology to invoice customers, track payments, and manage clients. STRENGTHS • G o o d s e l e c t i o n o f a d d - o n options • Excellent e-commerce integra- tions • Ver y streamlined and eff icient processes • Good basic project management POTENTIAL LIMITATIONS • Designed for smaller businesses • Limited reporting functions • No industr y-specifc versions/ templates SUMMARY & PRICING FreshBooks ofers new users a free 30 day trial, no credit card needed. For those ready to buy, Freshbooks pricing is as follows: • Sprout - $9.95 per month • Seedling - $19.95 per month • Evergreen - $29.95 per month • Mighty Oak - $39.95 per month www.freshbooks.com FreshBooks Cloud Accounting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12075435 4.5 2015 OVERALL RATING BEST FIT Visual bookkeeper is a good ft for small businesses that are looking for more functionality than that typi- cally ofered in products aimed at the micro-business industry. PRODUCT STRENGTHS • Updated interface is more user- friendly • A f fordable for ju st about a ny business • Solid help and getting star ted features and functions • Good selection of add-on mod- ules POTENTIAL LIMITATIONS • No remote/on l i ne acce s s for accountants SUMMARY & PRICING Small businesses will appreciate the features found in Visual Book- keeper, as well as its scalability and frequent product updates. Visual Bookkeeper is available for $249.00 for a single user system. Various add-ons, including Inventory, Pur- chase Orders, Equipment Costing, Data Import/Export, DataView, Electronic File Cabinet, and an option to add additional users are all available at additional cost. www.a-systems.net A-Systems Visual Bookkeeper Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12074939 4.5 2015 OVERALL RATING

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