Compare Tradelog and TurboTax - Aug 2022

Shlomi LaviShlomi Lavi / Aug 01, 2022

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Bottom Line: Which is Better - Tradelog or TurboTax?

Tradelog is more expensive to implement (TCO) than TurboTax, and TurboTax is rated higher (94/100) than Tradelog (81/100). TurboTax offers users more features (4) than Tradelog (3). There is a clear winner in this case and it is TurboTax!

Looking for the right Inventory 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:

Armen Computing Ltd. Vs. Intuit

Armen Computing Ltd.: Armen Computing, Ltd. provides automated tools and services to the active trader community. It offers TradeLog, an automated trade accounting and tax software program for active traders; Risk Manager, a software program for traders to minimize their risk from various trades of their trading account; and GTT TradeLog, a trade accounting software pro...

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? Tradelog or TurboTax State?

The real total cost of ownership (TCO) of Inventory 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 Tradelog and TurboTax State.

Tradelog price starts at $109 per year , On a scale between 1 to 10 Tradelog is rated 4, which is lower than the average cost of Inventory 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 Inventory Management software cost.

Bottom line: Tradelog is more expensive than TurboTax State.

Which software includes more/better features?

We've compared Tradelog Vs. TurboTax based on some of the most important and required Inventory Management features.

Tradelog: Data Import/Export, Basic Reports, Online Customer Support.

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

Target customer size

Tradelog's typical customers include: Small business, Medium business, Private use, TurboTax State is suitable for anyone that file tax returns.



Tradelog

ITQlick rating
(4.5/5)

starts at $109 per year

TradeLog is a tax accounting software designed to enable traders and investors to handle taxpayers wash sales complex rules, record options, mutual funds, bonds, and stock.

Categories: Business tax.

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

Tradelog: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

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
Tradelog
ITQlick rating
4.5/5
Score
81/100
Pricing
5.8/10
License pricing
$109 per year
Functionality
4
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
eStockCa...
ITQlick rating
4/5
Score
92/100
Pricing
5/10
License pricing
$699 per license
Functionality
17
Toolhound
ITQlick rating
3.8/5
Score
92/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
16
SalesBinder
ITQlick rating
4/5
Score
92/100
Pricing
5.6/10
License pricing
$9 per user/month
Functionality
4

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.