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Review CriteriaBudget ForecasterCorrect AccountingExpress AccountsMamut AccountEdge
Network Edition 2015
Quickbooks Pro + PayrollXero
Cost excl VAT$39.95$45.00$129/ £80Single user £299 plus £240pa compulsory support.
3 user (with Payroll and Support): £1225 first year. Thereafter Compulsory Support of £528 pa.
Single user no Payroll: £199.20 one off payment. 1 user Licence with Payroll /Support: £499.20 pa. 3 user Licence with Payroll/Support: £806.40 pa£20pm per business. No limit on users. Payroll extra.
SuiteDesktopDesktopDesktopDesktopDesktopCloud
AmendabilityYesYesYesYesYesPartial
Year End RollbackYesNoYesYesYesUnknown
Windows/ MacWindowsWindowsInterchangeableMac OnlyWindows OnlyCloud
Multi-userNoYesYesYes: up to 5 usersYesYes
Tax ComplianceGoodGoodFairFair/GoodExcellentGood
PayrollNo(US only)NoNoYes: (AE Plus or NE only)YesYes-extra fee
How is the software paid forProprietoryProprietoryProprietoryFee plus Compulsory RentalProprietory. Payroll/ multiuser systems: Rental onlyRental
Drill downYesYesYesGoodYesYes
Ledger BasedYesYesNoYesNoYes
Networkable?YesYesYesYesYes
Hosted versionNoNoNoNoYesYes
Import/ExportYes, CSV, Quickbooks, PdfNoCSVYesYesUnknown
Multi currencyNoYesYesYesYesYes
Work from SAL templateYesYesYesYesYesNo
Links to other softwareExcel, Email, Import OFXNoExpress Invoice, Excel, Inventoria stock controlDaylite, iCal, Mail, MS Office for Mac, Mac AddressbookMS Office. Lots of third party Apps on Intuit marketplaceMS Office. Lots of third party Apps on marketplace
Moving datafileYesYesDifficult- need to move entire program folderYesYesNo
Data use offsiteYesYesDifficultYesYesNo
HelpdeskNoNoYesCompulsory service agreementYesYes
Partner SchemeNoNoNoSmallHugeHuge
AdvantagesExcellent for small and medium size business. Built in inventory, sales and built in workflow coach for novice users. Good screens. Easy to use Built in stock control function.Cheap, multi platform system. Links to other software. Upgrades existing MYOB databases. Good Mac networking.Relatively simple to use but with sophisticated features such as payroll, stock and multi currency. E-filing ofPAYE and VAT return. Full accounting package, with extensive set of reports and functionality. Excellent add ons.
DisadvantagesLimited to single dollar currency and single user. Reports won’t download to Excel. No Bank Register.No interlink between sales and customersNavigationcould be better. Simple VAT recording. No Bank Register Not ledger-based. Double entry too visible.No windows version. Compulsory annual service fee without which software cannot be accessed. Expensive.You will have to learn a new interface (menu is not ledger-based). Complex reporting suite. New datafile required: new coding structures etc…Not functionally better than some cheaper (even free) rivals. No bank register function. No amends on sales.
Websitehttp://www.avanquest.com/UK/software/budget-forecaster-100594?meta=work&cat=small-business&sub=Accountingitbix.comnchsoftware.com/accountingsimpleaccounting.co.uk/software/accountedge.phpquickbooks.co.ukxero.co.uk