It’s becoming confusing to choose the right accounting software for your business when there are an overwhelming number of ERP software options out there. There are different types of financial and enterprise resource planning (ERP) software that can help you streamline your bookkeeping, accounting, and overall business management process.
QuickBooks and Sage 100 Contractor are the two most popular solutions on the market today. But which one is right for you? Which will support you most? In this guide, we’ll compare the difference between QuickBooks and Sage in different aspects. By the end of this guide, I hope you’ll have everything you need to make an informed decision on which accounting software is the best for you. So let’s go ahead and dive in!
TABLE OF CONTENT
Compare Sage vs. QuickBooks
Put simply, first to compare Sage 100 vs. Quickbooks, we need to overview that. Quickbooks Online is and broad-based accounting system that provides many features for businesses in different industries, while Sage 100 Contractor focuses on the construction industry. Sage 100 Contractor combines accounting and project management features, such as data analysis, job orders, and inventory management, in one platform. It’s more of a tailor-made solution and it’s also a great alternative for contractors who need more advanced features and construction-specific accounting than is offered by QuickBooks Online.
When to Consider Using QuickBooks Online
QuickBooks Online is a good option for small contractors that only perform basic accounting features. The common bookkeeping and accounting tasks like creating invoices for customers, processing payroll, paying bills, managing expenses, etc. If you need to track activity by class and location, QuickBooks for contractors and QuickBooks for home builders have useful tools like time tracking and job costing.
In addition, Quickbooks general contractor offers the Plus version which has strong project management tools that are useful for contractors. By using the QuickBooks for Home Builders Plus version, contractors can manage project transactions and reports from one place, keep notes, and view projects by status and by customers. It also enables project managers to manage project profitability by creating a new budget for every project and producing a budget vs. actual report by customers.
>> Read More: Easy Accounting for Construction with Quickbooks Online
When to Consider Using Sage 100 Contractor
Sage 100 Contractor is far more sophisticated software than Quickbooks Online. Sage 100 Contractors are usually used by startups and small organizations, including general contractors, services contractors, and home builders who need an all-in-one solution.
It is a cloud-based construction management and ERP software that is designed to help contractors manage their operations effectively. It is a terrific solution that allows you to manage projects, estimating, service operations, and accounting workflows in one place. It has an extensive array of features, including job costing, scheduling, budget management, service management, and equipment tracking.
>> Learn More: Sage 100 Contractor: 5 Benefits to Improve Your Business
>> Learn More: All About Sage 100 Contractor - Why You Need to Switch to It
How to Decide If QuickBooks or Sage is Right for Your Business?
When deciding between QuickBooks and Sage, there are multiple things to consider. We recommend that you answer the following question before deciding between two:
Q: Do you carry a large inventory and need to track many projects?
A: If your answer is yes, Sage is better suited.
Q: Do you need to do some basic bookkeeping tasks?
A: If your answer is yes, Quickbooks wins. If you need more advanced project management options, Sage pushes ahead.
Q: Do you have more than one employee collaborate on a project?
A: If your answer is yes, Sage is better suited.
Q: Do you need an ERP tool that can easily be learned and set up?
A: If your answer is yes, QuickBooks is likely the best option. QuickBooks is easy to use and much more user-friendly than Sage 100 Contractor. Its dashboard is clean and uncluttered, with Prodigy key financial data. Meanwhile, Sage 100 Contractor has a vast number of features so you can feel overwhelmed at first.
Q: Do you need affordable accounting software?
A: If your answer is yes, QuickBooks is better suited. QuickBooks offers five subscription plans for different needs. Sage price is quote-based and doesn't list on its website. If you don’t elect the QuickBooks Advanced plan, the QuickBooks Online subscription options are likely less expensive.
After all, both Quickbooks and Sage 100 Contractor are terrific options but which is right for you depends on your business needs.
Irvine Bookkeeping Can Help You Implement Sage 100 Contractor
At Irvine Bookkeeping, Outsourced Bookkeeping and Accounting for Construction Firm, we employ a team of construction accounting experts who understand your niche and know how to use Sage 100 Contractor to help operate your construction company effectively. Schedule a FREE appointment to learn how you can benefit from our robust construction bookkeeping and accounting services.
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