Sage Intacct vs QuickBooks Self-Employed
As a business owner or accountant looking for accounting software, the most critical decision you'll have to make is undoubtedly choosing the software that will summarize, condense, and analyze your data into financial reports. This decision can be tricky as there are multiple accounting software options available in the market that can make your head spin. Still, we will focus on comparing Sage Intacct and QuickBooks Self-Employed in this article.
Sage Intacct
Sage Intacct, software made for medium-sized businesses, provides robust accounting, budgeting, and financial management options. The platform is cloud-based, making it accessible from anywhere, and features customizable dashboards that simplify financial management.
Features of Sage Intacct
- A robust and customizable general ledger
- A flexible chart of accounts
- Streamlined order management
- Subscription billing
- Automated revenue recognition
- Personalized dashboard
QuickBooks Self-Employed
QuickBooks Self-Employed is software created for freelancers, independent contractors, or gig workers who are looking to manage personal and business expenses in one place. Unlike Sage Intacct, QuickBooks Self-Employed is only offered as a mobile app, making it an excellent option for those who prefer the convenience of accessing their accounting information from their smartphones.
Features of QuickBooks Self-Employed
- Automatic tracking of income and expenses
- Automatic mileage tracking
- Organized receipt storage
- Simplified quarterly tax payment calculation
- Simple invoicing tool
- Mobile app
Comparison Between Sage Intacct and QuickBooks Self-Employed
Although Sage Intacct and QuickBooks Self-Employed are both accounting software, keep in mind that they are created for two different target audiences. With that said, here's a comparison of both platforms:
| Comparison | Sage Intacct | QuickBooks Self-Employed |
|---|---|---|
| Pricing | Customizable quotes | $5/month |
| Target Users | Medium-sized businesses | Freelancers, independent contractors or gig workers |
| Tax Deductions Feature | Not Available | Available |
| Mobile App | Available | App-Only Platform |
| Invoicing tool | Available | Basic Invoicing Capability |
| Subscription Billing | Available | Not Available |
| Customer Support | Available | Available |
Conclusion
Sage Intacct and QuickBooks Self-Employed both offer unique features that can benefit both medium-sized businesses and freelancers. If you're a medium-sized business looking for robust accounting options, Sage Intacct may be the best option for you. However, if you're a freelancer, independent contractor, or gig worker looking for an affordable and straightforward accounting tool, QuickBooks Self-Employed may be the best choice. Ultimately, the decision will ultimately depend on your business needs, budget, and preferences.