Compare AccountEdge and TurboTax - Jul 2022

Shlomi LaviShlomi Lavi / Jul 25, 2022

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Bottom Line: Which is Better - AccountEdge or TurboTax?

TurboTax is more expensive to implement (TCO) than AccountEdge, and TurboTax is rated higher (94/100) than AccountEdge (81/100). AccountEdge offers users more features (8) than TurboTax (4).

Looking for the right Accounting & Finance solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Acclivity Group LLC Vs. Intuit

Acclivity Group LLC: In December of 2005, sensing divergent strategic directions, two members of MYOB's US management team reached agreement with MYOB Ltd. to purchase the US company and take it private. The idea was to service the US market locally and be free to pursue opportunities that made local sense.Hence Acclivity was born.

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Who is more expensive? AccountEdge or TurboTax State?

The real total cost of ownership (TCO) of Accounting & Finance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for AccountEdge and TurboTax State.

AccountEdge price starts at $499 per license , On a scale between 1 to 10 AccountEdge is rated 2, which is much lower than the average cost of Accounting & Finance software. TurboTax State price starts at $60 per license , When comparing TurboTax State to its competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.

Bottom line: AccountEdge cost is around the same cost of TurboTax State.

Which software includes more/better features?

We've compared AccountEdge Vs. TurboTax based on some of the most important and required Accounting & Finance features.

AccountEdge: Accounts Payable, Accounts Receivable, Billing & Invoicing, Purchase Orders, Project Billing, Time and Expense Tracking, Spend Analysis, Purchasing.

TurboTax State: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099.

Target customer size

Customers of the software mainly include small and medium businesses with backgrounds in a variety of industries. TurboTax State is suitable for anyone that file tax returns.

AccountEdge

ITQlick rating
(4.5/5)

starts at $499 per license

AccountEdge is an accounting and financial management solution for small and medium businesses. Its capabilities include billing and invoicing, contact management, reporting, and others. The software wa...

Categories: Recurring Billing, Billing & Invoicing, Business tax, Core Accounting.

TurboTax

ITQlick rating
(4/5)

starts at $60 per license

TurboTax is a cloud-based corporate tax solution designed to help the user receive their maximum tax refunds for State and Federal tax returns, and that targets small and medium-sized businesses.

Categories: Accounting & Finance, Business tax, Personal tax.

Compare specifications

Compare features

AccountEdge: 8 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Purchase Orders
Project Billing
Time and Expense Tracking
Spend Analysis
Purchasing

TurboTax State: 4 Features

Business Owner / Self Employed
Income Tax Prep
Investment and Rental Property
Payroll/1099
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
AccountEdge
ITQlick rating
4.5/5
Score
81/100
Pricing
2/10
License pricing
$499 per license
Functionality
26
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.