Compare OfficeTools and TurboTax - Apr 2022

Shlomi LaviShlomi Lavi / Apr 09, 2022

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Bottom Line: Which is Better - OfficeTools or TurboTax?

OfficeTools is more expensive to implement (TCO) than TurboTax, and TurboTax is rated higher (94/100) than OfficeTools (87/100). OfficeTools offers users more features (5) than TurboTax (4).

Looking for the right Accounting Practice Management 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:

AbacusNext Vs. Intuit

AbacusNext: HotDocs allows you to transform your frequently used documents and forms into intelligent templates that enable superfast production of custom documentation.

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? OfficeTools or TurboTax State?

The real total cost of ownership (TCO) of Accounting Practice Management 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 OfficeTools and TurboTax State.

OfficeTools price starts at $49 per user/month , On a scale between 1 to 10 OfficeTools is rated 4, which is lower than the average cost of Accounting Practice Management 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 Practice Management software cost.

Bottom line: OfficeTools is more expensive than TurboTax State.

Which software includes more/better features?

We've compared OfficeTools Vs. TurboTax based on some of the most important and required Accounting Practice Management features.

OfficeTools: Accounts Receivable, Billing & Invoicing, Time & Expense, Core Accounting, Expense Management.

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

Target customer size

OfficeTools's typical customers include: Small, medium and large size businesses, TurboTax State is suitable for anyone that file tax returns.

OfficeTools

ITQlick rating
(4.1/5)

starts at $49 per user/month

OfficeTools is a cloud-based Accounting Practice Management software that helps its users centralize their data entries from calendars, email, and other programs system they have.

Categories: Business tax, Core Accounting, Personal tax, Project 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

OfficeTools: 5 Features

Accounts Receivable
Billing & Invoicing
Time & Expense
Core Accounting
Expense Management

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
OfficeTools
ITQlick rating
4.1/5
Score
87/100
Pricing
4.2/10
License pricing
$49 per user/month
Functionality
13
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
AccountancyManager
ITQlick rating
4.8/5
Score
74/100
Pricing
4/10
License pricing
$40.67 per user/month
Functionality
3
Financial
ITQlick rating
5/5
Score
66/100
Pricing
2.4/10
License pricing
$23 per user/month
Functionality
5
Billomat
ITQlick rating
4.3/5
Score
62/100
Pricing
5.2/10
License pricing
$8.60 per month
Functionality
6

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.