My Honest Review of AccountEdge Pro For Accounting

My Honest Review of AccountEdge Pro For Accounting | Accounting Smarts
Charles Hall

Last updated by

Charles Hall

on

August 24, 2021

Small business owners looking to add a dimension to their accounting processes should consider AccountEdge Pro. It has all the features needed to improve your business.

Small business owners looking to add a dimension to their accounting processes should consider AccountEdge Pro. It has all the features needed to improve your business.

AccountEdge Pro is a small business accounting solution available as desktop-based software. This software is best designed for small business owners who need access to comprehensive double-entry accounting and management tools. You can expect an easy-to-understand interface for inexperienced users looking to streamline key aspects of their business.

Small businesses can rely on AccountEdge Pro as an accounting software solution because it provides a wide range of features like payroll, reporting, and profitability tracking. We recommend this as an excellent option for businesses that don’t need cloud access or use a Mac as their primary access computer. The updates can be rough around the edges on the Mac OS, but it is easy to use for beginners.

For those with less experience, navigating the account software market can be difficult. It is best to equip your team with reliable tools like AccountEdge Pro to automate some of the tedious tasks and better organize your finances. This guide shows all of the positives and negatives you get when signing up for AccountEdge Pro.  

ShowHide

Table of contents

What Is AccountEdge Pro?

AccountEdge Pro is a complete accounting solution that can be used for all types of businesses. It is designed to help small- and medium-sized enterprises efficiently manage their accounting. AccountEdge Pro offers entrepreneurs and business owners the opportunity to take advantage of its more robust features.

AccountEdge Pro is accounting software that allows small business owners to track their finances in real-time. It syncs with banks, credit cards, payroll providers, and other financial services. It has a series of templates that make creating or customizing reports on expenses, profit margins, or invoices easier. AccountEdge Pro also automates many tasks such as payroll processing and monthly billing reminders.

This software offers financial features such as banking, accounting, and business management tools. AccountEdge Pro also provides payroll features for business owners with larger teams of employees. In addition to these financial features, some many reports and dashboards are customizable for any user's needs.

AccountEdge Pro provides an easy-to-use dashboard for all users with highly customizable features and capabilities. There is a full payroll suite, inventory tracking, credit card processing, and much more to this software to assist business owners.

AccountEdge Pro Features

AccountEdge Pro is a valuable and user-friendly business solution that makes accounting convenient for businesses of all types. Its user-friendly interface also provides a comprehensive accounting feature set that enables enterprises to complete their accounting tasks easily.

AccountEdge Pro is perfect for small to medium-sized businesses, as it provides all the features needed without the need for advanced training or costly software integrations. It also offers free trial periods so you can test out the software before buying it.

We discuss some of the most prominent features available to users at affordable prices.

Easy To Use Dashboard

With an easy-to-use dashboard, this program is perfect for small businesses who are looking to save time on routine tasks while still being able to manage their finances effectively. The software downloads directly onto your device and syncs perfectly.

The dashboard is customized by AccountEdge Pro to be easy to use for beginners and anybody with minimal experience operating inside a highly technical accounting platform.

There is also an option to operate strictly on the cloud, where your dashboard can be accessed from anywhere in the world with an internet connection. This makes it best for teams to collaborate and give you the most control over your organization.

AccountEdge Pro has an intuitive interface that makes it easy to navigate without getting confused or bored. Its powerful features allow you to connect with your clients and close more deals.

Highly Customizable

AccountEdge Pro allows users to create customized invoices with plenty of templates available to make them unique and straightforward tailored to your business. There is also a CRM element included with many customization options available too.

AccountEdge Pro is designed to give users and business owners complete control over the way they run their accounting processes by consolidating everything into one place.

AccountEdge Pro provides various features to its users, including tracking hours, generating reports, and handling payroll. Everything can be optimized to align with current business processes too.

Payroll

The payroll feature in AccountEdge Pro is designed for payroll specialists and accountants to manage their payroll processing while being able to keep track of all of their expenses.

AccountEdge Pro allows users to set up different categories of employees, assign hours worked, pay rates, calculate taxes due based on the hours worked, calculate contributions due based on the pay rate and withholdings. The software also has automated calculations and allows users to enter transactions in batch mode or one by one.

The payroll feature is a great time saver for small businesses too. It allows users to quickly set up payroll and send out payments without any hassle or stress. It can all integrate with your current payroll provider or be automated based on predetermined workflows.

Inventory Tracking

AccountEdge Pro is an accounting software that helps businesses track inventory. It has a user interface that is designed exclusively for small entrepreneurs.

Inventory tracking in this software is very easy and straightforward. The options of entering information make it easy to track the pricing for different items and their quantity on hand. This helps accountants have accurate financial reports, which they need for tax purposes from their business owners or managers.

Inventory management is one of the most important aspects of any business because it affects nearly every other aspect of running a company, from profitability to cash flow to customer service. This software makes it easier to run your business better.

Credit Card Processing

AccountEdge Pro also gives users the option to receive credit card processing through a secure gateway. This process ensures the protection of individual information and charges small features to handle all payments in a single place.

The software has been designed with this in mind, so users can easily process transactions without having to invest in additional hardware or software. The credit card processing feature also makes it easier for users to receive money into their accounts as well as make payments on time or at any point during the month.

Customer Portal

Customers can use this feature to see how their account is doing, check the history of transactions, and review their history. The customer portal also offers a range of reports on general financial performance.

The portal gives customers a direct link to view invoices and sees everything happening with their accounts. It helps to put the customer’s mind at ease, knowing they can access everything with only a few clicks.

The best part about the customer portal is the payments feature. Customers can go right into the portal to make payments directly. It has helped to speed up the time it takes customers to pay outstanding invoices and improves the cash flow for your business.  

Time Billing

Employees can track the number of hours they spend on work as well as the number of hours they spend on personal projects. AccountEdge Pro automatically calculates the number of hours worked by employees and tracks when they take breaks, are on vacations, or on sick leave. It also estimates how much money is owed to them from their employer on a monthly basis.

A software like this makes it easier for companies to have more control over their workforce as well as collect more detailed information about employee productivity and efficiency. It also ensures workers get paid for the hours they worked on time.

Why Is AccountEdge Pro Good For Accounting?

AccountEdge Pro is an excellent choice for accountants because it offers financial management software that can handle the needs of any size organization.

AccountEdge Pro is accounting software that is used to manage the finances of a company. AccountEdge Pro is an excellent choice for small businesses with little or no need for complex bookkeeping, and it does not offer an inventory management system or tax forms which may make it difficult for some SMBs to use.

This software is a good solution for accounting because it is easy to use and can be customized to fit any business. It is easy to use, has modules for every aspect of accounting, and has a simple interface. The software can be customized by the user to fit their needs since it is web-based.

The software also has features like inventory control which allows accountants to complete tasks more efficiently. You can transform the way to handle daily tasks within your business by using AccountEdge Pro as your software to handle everything from payroll to inventory to payments.

AccountEdge Pro Plans and Pricing

One of the downsides to AccountEdge Pro is the way the pricing plans are designed. Businesses can end up paying hefty monthly costs as they scale and need to add users for larger internal teams.

AccountEdge Pro

  • $15/mo to get started
  • $10/mo for additional licenses (optional)
  • $15/mo for payroll (optional)
  • General ledger accounting
  • Sales tracking
  • Accounts payable and receivable
  • Time tracking and billing
  • CRM access

Priority Zoom

  • $50/mo to get started
  • $50/mo per additional license
  • Third-party integrations available
  • 5 hours of training included
  • Data conversion included
  • Email support included
  • Phone support included
  • Advanced inventory tracking
  • Fully customizable dashboard

Priority ERP

  • Custom pricing
  • Advanced manufacturing access
  • Mobile app generator
  • ShipStation integration
  • API support
  • Material requirement planning
  • Lot control
  • Job and project tracking with advanced controls

AccountEdge Pro Pros and Cons

Pros

  • Double-entry account tools are comprehensive.
  • Fully customizable options are available to users.
  • Complex inventory tracking and reporting.
  • Time tracking and time billing features are more advanced than most competitors.
  • Excellent customer service team with paid options available to get even more support.
  • Mac-friendly.

Cons

  • The primary dashboard can be confusing for new users.
  • There is an added cost to get cloud access.
  • Bank transactions cannot be downloaded individually.
  • Scaling with this software can get expensive.

AccountEdge Pro Alternatives

Xero

Xero is an innovative online accounting software that is designed to make it easy for small businesses to manage their finances. It simplifies bookkeeping tasks with its automated tools and streamlined user interface that are designed to make it easy for users to get started.

With Xero accounting software, businesses no longer need to worry about the accounting limitations of traditional accounting software. However, AccountEdge Pro is a much more in-depth platform than Xero in a few ways.

 

It provides a wider variety of features and can be used as an all-in-one solution for businesses, and is best suited for organizations with 1-10 users compared to Xero. It also has the option to pay a one-time fee rather than monthly, which can save you money in the long run.

One of the major advantages Xero can boast is a reliable app on both IOS and Android. AccountEdge Pro does not provide reliable mobile support making it difficult to manage your accounts on the run.

Overall, if you plan to scale up to 1,000 users or need reliable mobile access, then we recommend using Xero over AccountEdge Pro.  

NetSuite

NetSuite is a bit more similar to AccountEdge Pro in regards to the style of the software and overall features. However, it is incredibly high in price and becomes a difficult software to use for smaller businesses operating on a budget.

However, NetSuite does have a range of different features that make it an effective business software. It has robust reporting capabilities and can be utilized across different platforms like desktops, tablets, and smartphones.

There is also a one-stop ERP system that works incredibly well with a simple user interface to manipulate data and finish tasks easily.

We recommend NetSuite as a premier option for enterprise businesses that do not operate on a tight budget because they can handle more extensive data sets with ease compared to AccountEdge Pro.  

Charles Hall

Charles Hall

Charles has spent 25 plus years in the world of accounting and business. His experience includes working as a CPA/Auditor international accounting firms. He has worked as a controller and as a COO for small to medium sized companies.

Learn more about Charles Hall