Sage 50cloud Accounting

Sage 50cloud Accounting

What Is Sage 50cloud Accounting?

Sage 50cloud Accounting (formerly Peachtree Software) is a comprehensive accounting solution for small business. Designed for security, compliance and cloud-connected productivity. Popular features include detailed profitability tracking, cash flow forecasting, customized reporting via Microsoft Excel, advanced inventory tracking and automated bank reconciliation.

Who Uses Sage 50cloud Accounting?

Sage 50cloud Accounting is for all types of small and medium businesses

Sage 50cloud Accounting Software - Banks feeds Sage 50cloud Accounting Software - Analytics overview Sage 50cloud Accounting Software - Reconciliation Sage 50cloud Accounting Software - Cash flow management

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Reviews of Sage 50cloud Accounting

Average score

Overall
3.8
Ease of Use
3.7
Customer Service
3.4
Features
3.6
Value for Money
3.4

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Dovid
Dovid
Controller in Canada
Verified LinkedIn User
Education Management, 201-500 Employees
Used the Software for: 2+ years
Reviewer Source

My prefered accounting software

5.0 last year

Pros:

The best thing about Sage 50 is that it is very difficult for anone to make a mess of things. The controls are very tight, ensuring that an ignorant employee cant mess things up.

Cons:

It is very rigid and stodgy Most reports cannot be shown across fiscal years. Little ability to customize reports.

Blake
Blake
Ecommerce & Consumer Products Manager in US
Verified LinkedIn User
Mining & Metals, 11-50 Employees
Used the Software for: 2+ years
Reviewer Source

Good for relatively simple manufacturing businesses

4.0 2 years ago

Comments: Good for the first $5M - $10M of a manufacturing business's life, but not excellent to go beyond that. Do yourself a favor and scale your software up as your business grows.

Pros:

Anybody who has used any other accounting software packages will instantly understand Sage 50. It does what it's supposed to -- you can track money in, money out, and all via accrual accouting.

Cons:

At a certain point, you outgrow it. If you're a relatively simple manufacturing business with only a couple product lines and a couple manufacturing lines, this works for you. Once you start scaling with multiple locations, cost centers, etc., you'll outgrow it.

Tammi
Tammi
Owner/Senior Software Analyst in US
Verified LinkedIn User
Computer Software, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Sage 50 US Edition - The Complete Accounting Solution for Small to Medium Businesses

5.0 last month New

Comments: We've used the software for over 36 years, starting with Peachtree Accounting. It's a solid accounting system that follows GAAP compliance, with great reporting capabilities.

Pros:

Ease of use. Ease of installation. Great add-ons available.

Cons:

No electronic/ACH payments available for Vendors.

Shelley
CPA in Canada
Accounting, Self Employed
Used the Software for: 2+ years
Reviewer Source
Source: SoftwareAdvice

SAGE 50 Rips you off

1.0 3 weeks ago New

Comments: Horrible.

Cons:

Customer Service - When you cancel your subscription, they keep charging your credit card for Months! I've been charged for 6 months after I cancelled my subscription, I've called more than once, and they just keep charging. Very unprofessional, fraudulent behaviour in my opinion. Wouldn't recommend to anyone!

Barry
Barry
Accountant in UK
Verified LinkedIn User
Accounting, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

28 Years and counting

5.0 4 months ago

Comments: Very good, have loved my interaction with some great cleint managers over hte years and we have all benefited.

Pros:

I have used this software for 28 years from DOS to version 28. Its always delivered when required and good support when needed.

Cons:

Recent prices changes have been a challenge and too much for some cleints.