QuickBooks Vs MoneyDesktop (Nov 2020)

Shlomi LaviShlomi Lavi / Nov 25, 2020

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Bottom Line: Which is Better - QuickBooks or MoneyDesktop?

MoneyDesktop is more expensive to implement (TCO) than QuickBooks, QuickBooks is rated higher (99/100) than MoneyDesktop (92/100). QuickBooks offers more features (6) to their users than MoneyDesktop (3). There is a clear winner in this case and it is QuickBooks!

Looking for the right Core Accounting solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How DynaDo compares with MoneyDesktop?

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

MoneyDesktop: MoneyDesktop, Inc. develops technologies that facilitate the clear understanding of personal finances and debt management. MoneyDesktop, Inc. is a privately-held company and is headquartered in Provo, Utah. We're a team of developers, designers, marketers and professional problem solvers working around the clock to make MoneyDesktop products t...

Who's more expensive? QuickBooks or MoneyDesktop?

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

QuickBooks price starts at $12.50 per month , on a scale between 1 to 10 QuickBooks Online Plus is rated 4, which is lower than the average cost of Core Accounting software. MoneyDesktop accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 QuickBooks Online Plus is rated 4, which is lower than the average cost of Core Accounting software.

Bottom line: QuickBooks cost is around the same cost of MoneyDesktop.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared QuickBooks Vs. MoneyDesktop based on some of the most important and required Core Accounting features. QuickBooks: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Tax compliance. MoneyDesktop: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

The software has specifically been designed for small and medium businesses. and MoneyDesktop's target customer size include: SMBs.

QuickBooks

ITQlick rating
(4.2/5)

starts at $12.50 per month

QuickBooks Online is a web based accounting management solution for small and medium businesses. Its capabilities include expense tracking, automatic data backup, invoice creation, and others. The software was ...

Categories: Core Accounting.

MoneyDesktop

ITQlick rating
(4.7/5)

MoneyDesktop is a cloud-based financial management software. Money desktop offers personal financial management tools directly from online banking. This software makes money management easier as a user can aggr...

Categories: Core Accounting.

Compare specifications

Compare features

QuickBooks: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Tax compliance

MoneyDesktop: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
QuickBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
99/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5/10
License pricing license pricing (if provided by the software vendor)
$12.50 per month
Functionality
7
Compare
MoneyDesktop
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
4
Wave
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
97/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
$20 per month
Functionality
8
Review
Zoho
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
96/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$9 per month
Functionality
9
Review
FreshBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
95/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$4.50 per month
Functionality
28
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.