Microsoft Dynamics 365 Business Central Vs QuickBooks

Microsoft Dynamics 365 Business Central and QuickBooks, both provide accounting solutions to small businesses. Either of these accounting solutions is capable of providing the required accounting functionalities for small businesses but that is the only overlapping area between the two solutions. Dynamics 365 Business Central and QuickBooks are vastly different solutions: while QuickBooks is more suitable for micro to small businesses, the functionalities of Dynamics 365 Business Central support expanding small businesses to mid-size businesses. Here we will compare the advantages and disadvantages of each of these software solutions. Microsoft Dynamics 365 Business Central Vs QuickBooks: Advantages of QuickBooks: 1. One of the strengths of QuickBooks that must be pointed out is its longevity and market presence. It has dominated the small business market with up to 74% share. Accountants with experience seem to rely on this very software for accounting assistance. 2. The solution comes with multiple deployment options and a simple deployment process. It could be run in a single-tenant configuration which allows the users to move the app to a public cloud from a private cloud. All of this comes with easy set-up that clients can conduct themselves. 3. When we compare Microsoft Dynamics 365 Business Central Vs QuickBooks, the later has two key advantages: it has easily integrated payroll and payment processing. Advantages of Dynamics 365 Business Central: 1. In the fight between Microsoft Dynamics 365 Business Central Vs QuickBooks, Business Central really stands out in one criterion, and that is value. Business Central has almost 800 more features than QuickBooks Online Plus. It also has enough functionality that can address the weaknesses of QuickBooks. 2. It has greater scalability and reporting capabilities. The elaborate features of Dynamics 365 Business Central support the complex operations of a growing business. 3. Even in terms of pricing, Microsoft Dynamics 365 Business Central proves to be more profitable when compared to QuickBooks. Drawbacks of QuickBooks: 1. It has weak security options and user roles. 2. It comes with a frail audit trail which does not keep any record of logins or logoffs, or even of any changes made to the master record. 3. It has limited reporting options as well. Drawbacks of Microsoft Dynamics 365 Business Central: 1. When it comes to deploying payroll in Microsoft Dynamics 365 Business Central, it is a bigger investment than QuickBooks. 2. It is also time taking and complicated to set up Business Central and may need Business Central Support. If all the features are compared, the more advanced option in the comparison of Microsoft Dynamics 365 Business Central Vs QuickBooks would be Business Central. However, it varies as per the needs of the business and micro and simple small businesses may find QuickBooks more useful to them. SUMMARY This article is about Microsoft Dynamics 365 Business Central and QuickBooks. It consists of a comparison between the two software solutions in terms of their advantages and disadvantages. It also reveals that the solutions have little in common, apart from their accounting functionalities.