QuickBooks Online is versatile accounting software with many tools for accurate accounting for every business, mainly small to medium businesses. Sage Intacct is cloud-based financial management software best for large enterprises and growing mid-size organizations that require comprehensible characteristics and high-level automation features for different business accountings.
QuickBooks Online is among the most recommended accounting software for small, medium, and large businesses, while Sage Intacct is also a popular choice.
QuickBooks Online is best used for business transactions, monitoring, overspending, and preparing fundamental reports. It is well known for its ease of navigation, simple and clean central accounting functions, and ability to connect with many other applications.
Sage Intacct is a product that fits the more advanced needs of organizations and industries, including larger finance departments. The software can be tailored specifically to company needs, provides robust financial analyses, and is suitable for multinational companies and organizations with multiple subsidiaries.
QuickBooks Online is a plus for business owners who want their accounting done without the extra fuss. It provides much-needed tools such as payroll integration, multi-user features, and reporting tools, which are ideal for small—to medium-sized enterprises.
Sage Intacct was created to be much better equipped to manage more complicated accounting needs. It is equipped with tools such as revenue recognition, real-time dashboards, sophisticated reporting, and project accounting, as well as a unique unlimited multi-entity functionality that can meet the needs of a large company with extended demands.
QuickBooks Online and Sage Intacct also provide options for easy information import. Data communication services such as Dataswitcher and MMC Convert help users migrate key information, such as customers, invoices, and transactional history, from one program to the other.
| QuickBooks Online | Sage Intacct |
|---|---|
| QuickBooks Online by Intuit is the online accounting software best suited for the majority of small businesses because it addresses their daily and periodic requirements. It is well suited for small businesses because of its fairly basic features and fair pricing plans to issue to customers. Some of QuickBooks Online’s crucial features are that it offers complex customer roles and permissions, variable price setups, and important chores such as scanning receipts and receipt folders, inventory, invoicing, and taxes. Moreover, QuickBooks Online integrates with a wide range of third-party applications, which can help businesses improve accuracy, efficiency, and employee productivity while reducing costs. | Sage Intacct is an ambitious cloud-based accounting solution designed to support middle and large-developing businesses and organizations with intricate accounting needs. It generally proves helpful if the company needs stronger tools than basic software in accounting and financial management. The key attributes include customizable financial reporting, automated workflows, revenue recognition, multi-entity support, and real-time visualizations, which provide businesses with better ways to manage and control financials. Sage Intacct also makes it easy to integrate with other application tools, allowing companies to increase the accuracy, efficiency, and productivity of data to support decision-making. |
| QuickBooks Online | Sage Intacct |
|---|---|
| Expense Tracking: It is easy for organizations to classify and manage costs, enabling the application of appropriate cost codes depending on the project or client involved. | Advanced Financial Reporting: Sage Intacct offers organizations accurate and highly detailed financial reports in real-time, including performance metrics. |
| Tax Preparation and Filing: Tax features include auto calculations for tax, which help to track sales tax and prepare and e-file 1099 forms to make taxation easier. | Multi-Entity Management: Sage Intacct makes it easy to manage consolidations and inter-company transactions for companies with affiliates, divisions, branches, or subsidiaries. |
| Payroll Management: Payroll services offered encompass the processing of payroll, computation of taxes, and even e-filing of payroll taxes, whereby paid employees’ payroll may be fully automated. | Automated Revenue Recognition: The platform reduces the plethora of operational workflows related to recognition standards to ease compliance and management of deferred revenue, particularly for subscription-based organizations. |
| Time Tracking: Most employees and contractors can record their hours, and businesses can easily associate these hours with a certain project or even an invoice. | Accounts Payable and Receivable Automation: Sage Intacct elevates the payment and billing processes to avoid manual labor while tracking payments and receivables in a detailed manner. |
| Financial Reporting: QuickBooks produces numerous financial statements (for instance, income statements, balance sheets, and statements of cash flow) that present information about the business | Project Accounting: This feature is useful for managing costs, expenditures, and billing for projects, which makes it useful for organizations that operate on projects such as professional services or construction. |
| Multi-Currency Support: The foreign exchange rates for businesses are automatically updated since companies that operate in the international markets conduct their transactions in foreign currencies. | Real-Time Dashboards: Other features include adaptable and configurable interfaces, which allow one to monitor financial results in real-time with less interference quickly. |
| User Permissions: Owners may choose to allow access to the employees in accordance with their positions; this way, the monetary data is secure. | Inventory and Order Management: Sage Intacct has features for handling inventory, purchasing, and sales orders, making it easier for businesses to maintain inventory levels and adequately supply the market. |
| Project Management: It enables the organization to track expenditures, receipts, revenue, and profitability for each project to determine the state of the project. | – |
| QuickBooks Online | Sage Intacct |
|---|---|
| Recurring Transactions: Enables organizations to schedule and create transactions with customers and vendors, in order to save time on manual data entry and make the necessary payments on time. | Core Financial Management Coordinates: simple accounting processes such as the general ledger, accounts payable, and receivables, making financial management more sound. |
| 1099 E-File & Pay: Self-employed organizations can submit 1099-MISC and 1099-NEC forms at no cost and can e-submit hundreds of forms. They can also forward autopilot copies to the contractors. | Cash Management: MIS assists businesses in tracking their cash flow across the organization’s accounts, bank accounts, and funds across multiple accounts and provides real-time details on business liquidity. |
| Audit Log: This can monitor all actions in the software from a user standpoint, as well as any changes or updates made and who is responsible for them. | Time and Expense Management: This tool is perfect for tracking time and expenses by individual projects or employees. It makes it easy to document, submit, and recompense expenses. |
| Budgeting and Forecasting: Facilitates initial planning and control, where a comparison can be made between actual and budgeted costs for improved financial control. | Budgeting and Planning: Provides budgeting solutions and revenue estimating and control tools for helping managers control and establish efficient spending plans. |
| Multi-Currency Support: Helps businesses record their financial transactions in different currencies during international business. | Accounts Receivable and Billing: Enhances billing and collections functions, providing flexible billing and timely collection to increase cash flow. |
| Sales Tax Automation: It is capable of computing sale taxes on all transactions without unnecessary over-dependence on the different local, state, and federal tax laws. | Financial Consolidation: This allows the consolidation of results originating from multiple entities in different currencies and the elimination of inter company transactions, making the financial reporting process more manageable for business entities with several affiliated companies. |
| – | Compliance and Audit Support: Assists in keeping up with accounting standards and can assist where manual audits are complex and open to risk. |
Businesses with multiple entities (e.g., holding companies):
Mid-sized nonprofits with a finance team:
Venture capitalists:
It is especially useful for organizations with operations in different countries and subsidiaries with different currencies.
| Pricing | Pricing |
|---|---|
| Simple Start: $35/month | Free trial: $0 |
| Essentials: $65/month | Custom Quote |
| Plus: $99/month | – |
| Advanced: $235/month (price at the last update). | – |
| Note: Visit the QuickBooks Online website to view the latest prices and additional discounts offered. | Note: Contact the support team on the Sage Intacct website to get the pricing. |
Within QuickBooks Online, you can find the tracking of billable expenses and items under the preferences setting page where you will be able to check a box to indicate the options that you wish to appear on the home page; the display of the item table on the form for expenses and purchase Bills and Expenses; use of the Purchase Order; Copy Estimates to Purchase Order within the Purchase Order section; and other preferences.
An invoice screen on QuickBooks Online helps you to fill up remaining information about the customer like customer name, customer email id, mode of payment, invoice number, customer’s billing address, the date of billing, date of payment or due date of the payment and so on.
A Import Data Screen in QuickBooks Online allows the user to install more of their existing data such as bank data, invoices, suppliers, products & services, credit note & pending bills, customer, journal entry, bills among others.
From the same settings page in Sage Intacct, users are able to find numerous different options regarding customizations. Some of the general options are company preferences, fiscal year preferences, currency, and system options. The page also contains settings for Role & Permission, Users & Access, Reports & Preferences, Tax Settings & Preferences, Accounts Payable & Receivable Preferences.
Sage Intacct invoice feature enables users to create invoices easily from the invoice screen. These fields consist of fields related to customer like company name, contact details, invoice number, bill address, date of invoice, and date of due.
The import data screen in Sage Intacct enables the user to bring external data in easily into the system. Clients may upload any type of data such as clients’ lists, transactions, vendors records, products/services details and previous invoices.
| Aspect | Quickbooks Online | Sage Intacct | Decision Criteria |
| Ease of Use | QuickBooks Online has an organized UI although it can be confusing to people starting to use this software. | Sage Intacct is more extensive from basic software and its functionality may be challenging to learn than the basic accounting software and hence may need training or come with expertise. | Select QuickBooks Online for a clean interface perfect for a small and medium-sized enterprise. Select Sage Intacct when you want extra accounting features at the price of additional complications for big businesses. |
| Scalability | It is versatile for use by both small and big businesses and it avails its services in various packages. | Sage Intacct is readily scalable to meet the expanding needs of businesses and their more complicated processes, multiple entities and a higher transaction processing workload. | Choose Sage Intacct for mid-market organizations with complex, developing demand for accountancy solutions and great demand. Select QuickBooks online for established mid-size business enterprises with reasonable, average growth; this product is not so appropriate for rapidly growing firms. |
| Integrations | QuickBooks Online currently supports integration with a lot of third-party apps, which they use to interact with different tools and enhance the organization’s operations. | Sage Intacct extends and connects to a vast array of third parties such as CRM, payroll, payment processors, and other enterprise applications, to improve organizational productivity and data quality. | Choose Sage Intacct for it can integrate with as many systems as you need in a modern enterprise. Choose QuickBooks Online if you want simple integrations for Small businesses. |
| Data Security | Concerning security QuickBooks has additional features that encrypt saved data and also have backup features to protect and recover your financial info | Sage Intacct uses sophisticated mechanisms of data protection and privacy, including code encryption, user authentication, and a copy of the Sage Intacct data. | Choose Sage Intacct for more numerous security options, such as encryption or multi-factor authentication if your company is a big one. Choose QuickBooks Online due to enhanced security features that are perfect for a small business to a midsize business. |
| Collaboration / Number of Users | QuickBooks can add many users, choices of roles for the users as well as limitations that are suitable for each group. | Sage Intacct is designed to support cooperation since multiple users can be created, each having a specific role and access rights that allow working with certain groups of material without violating the access rights of other users. | Choose Sage Intacct for the various levels of user access for the working team and efficient collaboration. Choose QuickBooks Online because it is easy to use by multiple users, which is perfect for small to mid-sized offices. |
| Learning Curve | QuickBooks is not too complicated, but not too simple either, which makes it medium to high computer software that is designed for accounting. | Sage Intacct is comparatively complex owing to the latter’s features and capabilities but a wealth of training materials and information will always help a user overcome this hurdle. | Choose QuickBooks Online for it is easier for learning especially if you are new to bookkeeping for your business. Choose Sage Intacct if you’re ready to sacrifice usability for customizations and extra features for larger companies. |
| Real-time Accounting | QuickBooks updates the books as the transactions take place; therefore, the details obtained are real-time. | Sage Intacct provides real time accounting since it will give a real time update of the accounting data which assists institutions in timely decisions making process with accurate figures. | Choose Sage Intacct for real-time accounting with enhanced capabilities and top-notch data for high-level companies. For up-to-date, perfect for small to mid size businesses chose QuickBooks Online. |
| Report Generation | QuickBooks is adequate for generating reports with daily transactions and is ideal for businesses that offer detailed reports. | Sage Intacct provides configurable phenomenon financial reporting in actual time including Profit & Loss statement, Balance sheet and Cash flow statement for topmost insights. | Choose Sage Intacct for enhanced and flexible reporting format that would suit large business organizations. Choose QuickBooks Online for simple reports easily to create for small to mid-sized enterprise. |
| Custom User Authorisations | QuickBooks provides one of the most flexible options of user permissions that allow arranging multiple levels of access for each team member. | Sage Intacct has flexible and defined user roles that enable an organization to control who can view the details as well as control certain operations regarding the organization’s financials. | Choose Sage Intacct for Five Pro features designed for enhanced and more flexible reporting which will benefit larger companies. Choose QuickBooks Online for those simple, easy and to develop the reports for the small to mid sized companies. |
| Pricing | Starts at $35/month, with scalable pricing | Customizable | Choose QuickBooks Online if the company belongs to the small and mid-size business since its price is lower. If you require more functionality and can afford to pay for more in terms of future growth and ‘enterprise’ capabilities, choose Sage Intacct. |
| Cloud-Based Software | Yes | Yes | Choose Sage Intacct as a high-end, enterprise class Solution built on the cloud. Choose QuickBooks Online if you are looking for a reliable cloud solution that will work for small businesses. |
| Updations and Backups | Automatic updates and cloud backups | Automatic | Choose Sage Intacct for a superior, highly scalable cloud solution for your organization. Go for QuickBooks Online because it’s a trustworthy cloud platform designed for small businesses. |
| Customer Support | 24/7 support via chat, email, and phone | 24/7 | Choose Sage Intacct as an enterprise-class, fully-featured cloud solution. Choose QuickBooks Online for standard and easily available cloud software ideal for small businesses. |
| Training | Offers self-guided tutorials and webinars | Comprehensive | Choose Sage Intacct as an enterprise-class, fully-featured cloud solution. Choose QuickBooks Online for standard and easily available cloud software ideal for small businesses. |
To choose the best accounting software, we assess it based on several factors. Key considerations include the business stage – whether it is a startup, a small or mid-sized company or an enterprise with multiple branches or advanced requirements. Real-time updates, cloud capabilities, data security, compatibility with existing software, and integration options are all so important. We should also consider whether the accounting software is intended for in-house use by an accountant or will be accessed by multiple stakeholders.
Additionally, factors like the learning curve, quality of after-sales support, and any industry-specific features that enhance value are crucial.
When comparing QuickBooks Online and Sage Intacct, each of them has distinct advantages. QBO is often best for small to mid-sized businesses due to its simplicity, ease of use, and broad feature set for modest growth projections. It provides solid support for day-to-day accounting tasks without a steep learning curve.
Sage Intacct is ideal for larger or rapidly growing businesses with complex financial needs, offering extensive reporting, multi-entity support, and scalability that suits enterprises or those with advanced requirements.
After a careful analysis of different factors, therefore, it is evident that QuickBooks Online is the ideal software for SMBs. It also provides fewer options which allows beginners not only to start making management of the money problem without having to go through steep steeping learning curve. It is also cheaper and offer basic elements like invoicing, expenses, and updates, which force for enterprises requiring a simple tool.
Although Sage Intacct has many enhanced features it is more complicated and will be suitable for large organizations with complex accounting requirements. One advantage of QuickBooks Online is that its systems are hosted on a cloud which guarantees that as businesses grow they do not have to change their platform.
Thus, QuickBooks Online is everything most small and medium-sized business need when looking for a cheap, intuitive platform for accounting solutions. It provides core features, has smooth third-party app connection, and offers credible customer service, so this tool is the best for businesses that value simplicity and effectiveness.
All in all, QuickBooks Online is the best for Small to Medium-sized business because of it is easy to use, more affordable, and rich with all core features. What it provides is a good, no-frills, no-nonsense accounting package that is exactly what is required for easy usage while being powerful enough to be used in businesses. That said, while Sage Intacct could offer slightly more benefits for large businesses who need exacting financial solutions, QuickBooks Online is the most suitable for growing companies that need simple yet effective real-time access to financials at a convenient cost.
Quite a number of users want to know how this differs and why Sage Intacct provides more sophisticated solutions than QuickBooks for example multi-entity management, global consolidation and financial intelligence. , while QBO is considered to be more user-friendly and has great integration options.
When it comes to project accounting, project management users who require sophisticated tools want to know how these two applications stack up. Sage Intacct is considered to have superior features like improved visibility and reports on the project and job cost and the other hand QuickBooks Online has fairly project tracking mechanism but offers basic tools.
For instance, Sage Intacct has great support in matters to do with international transactions such as multi-currency translations, which QuickBooks Online standard service do not fully address.
There is always the question about reporting tools. QuickBooks offers the clearly organized workspace, and customizable dashboarding option QuickBooks Online has more robust and flexible reporting and dashboarding options like customizable options for deeper insights of the financials and more options for creating very specific reports across multiple entities.
