Microsoft Dynamics GP vs. QuickBooks Solopreneur

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics GP
Score 6.7 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.N/A
QuickBooks Solopreneur
Score 8.0 out of 10
N/A
Custom-built for the business of one, QuickBooks Solopreneur features tools to help drive growth and financial stability.N/A
Pricing
Microsoft Dynamics GPQuickBooks Solopreneur
Editions & Modules
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Offerings
Pricing Offerings
Microsoft Dynamics GPQuickBooks Solopreneur
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAnnual price plan option available.
More Pricing Information
Community Pulse
Microsoft Dynamics GPQuickBooks Solopreneur
Features
Microsoft Dynamics GPQuickBooks Solopreneur
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.6
Ratings
16% below category average
QuickBooks Solopreneur
-
Ratings
Pay calculation6.00 Ratings00 Ratings
Benefit plan administration7.00 Ratings00 Ratings
Direct deposit files7.00 Ratings00 Ratings
Salary revision and increment management7.00 Ratings00 Ratings
Reimbursement management6.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
Ratings
9% below category average
QuickBooks Solopreneur
-
Ratings
API for custom integration7.00 Ratings00 Ratings
Plug-ins7.00 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
6.5
Ratings
25% below category average
QuickBooks Solopreneur
-
Ratings
Single sign-on capability6.00 Ratings00 Ratings
Role-based user permissions7.00 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
16% below category average
QuickBooks Solopreneur
-
Ratings
Dashboards7.00 Ratings00 Ratings
Standard reports7.00 Ratings00 Ratings
Custom reports6.00 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
15% below category average
QuickBooks Solopreneur
-
Ratings
Accounts payable6.00 Ratings00 Ratings
Accounts receivable7.00 Ratings00 Ratings
Cash management6.00 Ratings00 Ratings
Bank reconciliation6.00 Ratings00 Ratings
Expense management7.00 Ratings00 Ratings
Time tracking7.00 Ratings00 Ratings
Fixed asset management6.00 Ratings00 Ratings
Multi-currency support8.00 Ratings00 Ratings
Multi-division support7.00 Ratings00 Ratings
Regulations compliance6.00 Ratings00 Ratings
Electronic tax filing7.00 Ratings00 Ratings
Self-service portal7.00 Ratings00 Ratings
Global Financial Support6.00 Ratings00 Ratings
Primary and Secondary Ledgers7.00 Ratings00 Ratings
Intercompany Accounting6.00 Ratings00 Ratings
Localizations8.00 Ratings00 Ratings
Journals and Reconciliations7.00 Ratings00 Ratings
Enterprise Accounting6.00 Ratings00 Ratings
Configurable Accounting7.00 Ratings00 Ratings
Centralized Rules Framework6.00 Ratings00 Ratings
Standardized Processes7.00 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
6.8
Ratings
8% below category average
QuickBooks Solopreneur
-
Ratings
Inventory tracking7.00 Ratings00 Ratings
Automatic reordering6.00 Ratings00 Ratings
Location management8.00 Ratings00 Ratings
Manufacturing module6.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
14% below category average
QuickBooks Solopreneur
-
Ratings
Pricing6.00 Ratings00 Ratings
Order entry7.00 Ratings00 Ratings
Credit card processing7.00 Ratings00 Ratings
Cost of goods sold6.00 Ratings00 Ratings
Order Orchestration8.00 Ratings00 Ratings
End-to-end order visibility7.00 Ratings00 Ratings
Order exception Resolution6.00 Ratings00 Ratings
User Ratings
Microsoft Dynamics GPQuickBooks Solopreneur
Likelihood to Recommend
7.0
(0 ratings)
7.9
(0 ratings)
Likelihood to Renew
9.9
(0 ratings)
-
(0 ratings)
Usability
8.0
(0 ratings)
-
(0 ratings)
Availability
10.0
(0 ratings)
-
(0 ratings)
Performance
7.0
(0 ratings)
-
(0 ratings)
Support Rating
7.0
(0 ratings)
-
(0 ratings)
Implementation Rating
8.2
(0 ratings)
-
(0 ratings)
Product Scalability
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
Microsoft Dynamics GPQuickBooks Solopreneur
Likelihood to Recommend
It does accounting really well, it does payroll not so well. I say this because when you get into states that have complicated payroll laws like California, overtime calculations are hard to setup and get right. Same goes for other states when they do out of the normal pay structure like piece rate pay. It does HR, A/P and A/R really well and we have had no issues on that side; just payroll when it comes to certain states and how we do anything that is not salary or hourly.
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QuickBooks Solopreneur is best suited in Reconciling Bank Accounts, as it helps in fixing the entries already deleted, helps in matching to the existing transactions, helps in creating credit memos QuickBooks Solopreneur is less appropriate in suggesting General Ledger based on the descriptions and also in updating the transctions from banks in bank feeds.
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Pros
  • User friendly interface
  • Able to be extended into multiple areas of your business
  • One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
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  • Showing entries which are deleted by mistake
  • Suggests the perfect match for the transactions which already exists
  • perfectly sync's all information from bill.com
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Cons
  • Having an integration between Project Accounting and Field Service would be amazing! There are so many companies that have service technicians that perform work on a customer's contract but also have a need for project accounting functionality within that customer's contract. Right now those modules are separate so you either need to use one or duplicate some efforts if you need to use both.
  • Microsoft Dynamics GP could do a better job documenting their new enhancements to the product. They realize great enhancements but the documentation about them, or new products, is lacking so it is difficult as a consultant to know everything a new feature can do for me and my customers.
  • They could enhance their forecasting capabilities with a new forecasting tool within Management Reporter.
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  • Need to help in fixing sync errors
  • Need to help in finding GL accounts to which a transaction has been coded, with the help of description.
  • Need to help in updating all the transactions once clicked on update quickly
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Likelihood to Renew
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
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Usability
Overall usability of the older model is not quite so user friendly for the basic bookeeper, but at an accountants level we can generate all the necessary reports and create Sales Orders, Purchase orders and invoices - though it is a bit redundant to enter the sales and purchase orders separately instead of being able to convert a sales order directly to a puchase order by applying a price book like the newer versions can.
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Support Rating
The rating is directed to the thrid party serive provider that we use. I do not now how good the Microsoft direct support is.
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In-Person Training
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Not applicable. I am a ProAdvisor and I do not allow my clients (with few exceptions) to work in QuickBooks Online. I am the only person booking transactions, etc.
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Implementation Rating
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
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No issues encountered with implementation. Runs smoothly.
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Alternatives Considered
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
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Solopreneur stacks up well against the above-mentioned competitors. Their competitive advantage was the convenience and familiarity of products, since we have used QuickBooks Online before. I believe each product has strengths and weaknesses that make it almost interchangeable. Each company/entrepreneur needs to evaluate the top features and needs to see which solution is the best fit.
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Scalability
The functionality that GP and related ISV solutions offer and the ease of integration of GP to other systems makes it an extremely scalable solution
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Return on Investment
  • If implemented properly, the product can save many hours of data entry time - specifically by setting up integrations of large data sets.
  • Many times the underlying business process must be adjusted to accommodate software limitations. By being flexible, a company can leverage their users' skills in combination with GP to make data entry faster and more efficient. I have seen many companies eliminate the need for data entry personnel as well as reallocate employee hours to more skilled positions such as reporting and analytics.
  • Poor implementations, on the other hand, can cause employees to hate their jobs and the software. This isn't specific to GP but to the software industry in general.
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ScreenShots