How to Choose Between Peachtree Quantum and Quickbooks Enterprise Software

If you're stumped as to which accounting software to choose for your business, there are two products in the mainstream that somewhat rival one another in features. These are Peachtree Quantum and QuickBooks Enterprise. They have many of the same features and capabilities, but there are also notable differences when comparing the two.

Similar Features

Both enable you to simplify certain tasks such as invoicing, customer sales, purchase orders, general ledger tasks, aged payables and more. Both offer customizable reports, easy-to-use spreadsheets, tax preparation aids, online banking integration, payroll capabilities, and multiple users. Another bonus is Peachtree Quantum and QuickBooks Enterprise work well with many other software programs to give you a full scope of functionality within your business. Both are available in versions that are industry-specific, such as distribution, construction, accounting, and non-profit organization.

A Few Differences

Peachtree Quantum enables you to add up to 40 users while QuickBooks Enterprise only allows up to 30 users. With Peachtree, you'll receive Crystal Reports as a bonus. Peachtree can handle more transactions simultaneously, which drastically speeds up productivity in the workplace. Pricing is different as well, with QuickBooks costing slightly more. The Peachtree Quantum software is priced from $2,400 to $11,500 while QuickBooks Enterprise is priced from $3,000 to $13,000. Pricing is dependent on the number of users needed. With Peachtree software, the higher end pricing comes with e-filing.

Comparison in Loading Time Performance

In testing of the Quantum 2010 and QuickBooks Enterprise 9.0, Peachtree's software outperformed Enterprise in most categories when comparing loading/save times. Peachtree Quantum uses SmartPosting technology, which frees individual workstations in multiple user environments by moving certain activities to the server. By using SmartPosting, Quantum users are able to move quickly between various tasks and improve efficiency. It is about 90 percent faster in most tasks than its rival QuickBooks software.

When testing loading time performance, Quantum took the lead in areas such as invoice saves, sales order saves, vendor saves, aged receivables reports, aged payables reports, check register reports, and general ledger reports. The two programs were almost head-to-head in quote saves, item saves, and invoice register reports. There was a drastic loading time difference for general ledger reports, with Peachtree Quantum being much faster.

Both programs have advantages and disadvantages, so it's wise to do a more detailed comparison of your own before making a purchase. It does seem that Quantum is the most economical choice, especially if you have many users. Stores that sell the programs usually offer a number of software products such as MAS90, ACT Software, and more. Peachtree Quantum is produced by Sage Software and QuickBooks Enterprise is by Intuit Enterprise. A free trial can also help you decide. Get started today with accounting software that works for you and your company!

Chris Robertson is an author of Majon International, one of the worlds MOST popular internet marketing companies on the web.
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How To Choose The Best Accounting Software

Comprehensive, easy-to-use accounting software sets a business or nonprofit on the path to success by closely managing income, expenses, assets, and liabilities. The best accounting software has specific features that distinguish it from the competition.

What to Look For in A Software Package

Good accounting software is, most importantly, easy to use and backed up by comprehensive tech support. Many programs offer extensive files and FAQs without cost. Telephone, chat, and email support may come with an associated fee.

The best packages also have great features. First, they can track both accounts receivable and accounts payable, providing invoicing, purchase orders, check printing, and shipping features. Second, they can work with any bank, performing automatic or direct deposits and creating deposit forms.

Third, a great package performs payroll functions like tracking hours, benefits, deductions, and taxes. It prints payroll checks or performs direct deposit for employees, and the most advanced products can track employee files and status. Fourth, it is easy to convert files from an old tracking system, such as Excel or Quickbooks, to the new software. And finally, the package provides comprehensive reporting so that a business owner can know his or her financial position at all times.

Sage Peachtree Complete Accounting 2011

Peachtree Complete provides audit trail reporting, job cost modules, tools for managing fixed assets, and both PDF and email invoicing. Its inventory controls are excellent: it can track stock location, vendor quantities, and preferred vendors. It can also sort inventory by UPC or SKU. Its initial setup, however, can be confusing, and someone new to the program should ask for assistance. After the initial difficulty, however, it is fluid and easy-to-use. It is also offered in a multi-user version.

Quickbooks Pro

Quickbooks Pro is the best value for the money. It offers all of the functions that a small business needs as well as added fee-based functions, like credit card processing, POS systems, and banking supplies. Quickbooks Pro can support five users at a time, which is another great cost savings. Peachtree does more, but Quickbooks is more affordable.

AccountEdge

AccountEdge is specifically designed to support online business. Products can be managed through their compatible storefront, called EnStore. The program can support three product images and a description. It can also track weight, tags, and location. If a person knows a little about bookkeeping, he or she will find it easy to understand. Its major drawback is that it cannot import files from Quickbooks, so switching over from Quickbooks to AccountEdge is cumbersome.

Bookkeeper

Bookkeeper is one of the cheapest programs available, costing under forty dollars. They provide a responsive support team and terrific banking tools. It cannot import from Quickbooks and offers no tracking for fixed assets. It is also difficult to move data, such as invoices, from one version to an updated version.

Whether a business needs a simple program or something more comprehensive, it is easy to find an accounting package that is both affordable and easy-to-use. The best accounting software is easy-to-use, takes care of invoicing, banking, and payroll, and easily converts your old data into the new package.

Sam is a professional consultant who specializes in best accounting software.

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