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
Not sure about Sage 50cloud Accounting? Compare with a popular alternative
Sage 50cloud Accounting
Sage 50cloud Accounting Alternatives
Reviews of Sage 50cloud Accounting
My prefered accounting software
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.
It is very rigid and stodgy Most reports cannot be shown across fiscal years. Little ability to customize reports.
Good for relatively simple manufacturing businesses
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.
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.
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.
Sage 50 US Edition - The Complete Accounting Solution for Small to Medium Businesses
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.
Ease of use. Ease of installation. Great add-ons available.
No electronic/ACH payments available for Vendors.
SAGE 50 Rips you off
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!
28 Years and counting
Comments: Very good, have loved my interaction with some great cleint managers over hte years and we have all benefited.
I have used this software for 28 years from DOS to version 28. Its always delivered when required and good support when needed.
Recent prices changes have been a challenge and too much for some cleints.