Sage 50c Accounting - US

Sage 50 is a small business accounting program. Originally known as Peachtree Accounting, Sage 50 is one of the most popular, inexpensive, and long-running accounting software options on the market.

Video Overview

Sage 50 is designed to help small businesses:

• Easily pay bills, invoice customers, and track cash availability,
• Spend more time on core business, rather than administrative tasks,
• Avoid costly accounting errors,
• More accurately create budgets and control cash-flow, and
• Monitor all financial aspects of company operations in order to make effective business decisions.

Sage 50 Pricing

The cost of Sage 50c will vary depending on the functionalities you desire. Sage provides three distinct versions of Sage 50c that offer varying levels of features, allow for increased users, and thus have varying price levels.

Sage 50c Pro Accounting

• Starts at $46.83/month or $465.95/year
• Their most simple version
• One user only
• Covers invoicing, income, expenses, and payments

Sage 50c Premium Accounting

• Starts at $72.41/month or $720.95/year
• Includes everything in Sage 50 Pro as well as job costing, advanced budgeting, inventory, audit trails, multi-entity accounting, and more
• Can handle 1-5 users and up to 10 companies

Sage 50c Quantum Accounting

• Starts at $182.91/month or $1834.95/year
• Primarily used as an industry-specific option for manufacturers or construction companies
• Includes all features of Sage 50c Premium and more
• Handles up to 40 users

Average Total Sage 50 Project Costs

Beyond licensing and technical support/update costs, Sage 50 buyers may have total project costs that include:

• Implementation services (install, data conversion, system configuration)
• Services related to integrating Sage 50 with other business applications
• Training
• Hardware

Companies who review Sage 50 as a purchase option most often have total project cost expectations under $10,000 for licensing and implementation.

Portion of Sage 50 Reviews by Spending Range Expectation

Under $10,000	$10,000 to $40,000	Over $40,000
92.7%	6.7%	0.6%

Sage 50 Functionality Checklist

Functionality	Support	Note
Accounting	Yes	Small biz accounting with AP, AR, GL
Asset/Equipment Management	No	Available in other developer products
Bank Reconciliation	Yes	Requires Internet connection
Billing	Yes	Includes standard & recurring billing
Budgeting	Yes	Basic budgeting in all versions
Business Intelligence	Yes	Sage Intelligence provided with Sage Business Care support
Commissions Management	No	3rd party software available for integration
Credit Card Processing	Yes	Requires additional licensing & usage fees
Customer Relationship Management	No	Available in other developer products
eCommerce	No	3rd party connectors to 3rd party shopping carts available
Estimating	No	Available in other developer product lines
Field Service Management	No	No full field service, but mobile sales module available
Fixed Asset Tracking	Yes	Asset depreciation supported
Inventory Control	Yes	Average/LIFO/FIFO costing supported
Job Costing	Yes	Phased & coded costing in Premium & Quantum only
Manufacturing	Yes	Quantum only
Order Management	Yes	Sage Mobile Sales available to extend standard order capabilities
Payroll	Yes	Requires additional licensing fees
Point of Sale	No	3rd party software available
Project Management	Yes	Quantum only
Purchasing	Yes	Purchase orders supported in all versions
Quotes	Yes	Basic quoting capabilities included in all versions
Warehouse Management (Advanced)	No	3rd party software available for integration
Work Order Management	Yes	Quantum only

Sage 50 Quick Facts Q&A

Q. What functionality does Sage 50 include?

A. Sage 50 is an accounting focused program that provides functionality for key financial tasks like accounts payable, accounts receivable, general ledger reporting, billing, and job costing. A variety of add-on offerings both from Sage and 3rd party developers are available to extend the functionality of the software.

Q. What's the difference between the different versions of Sage 50?

A. The three main versions of Sage 50 include Pro, Premium, and Quantum. Sage 50 Pro is a limited functionality version available only for single-user usage. Sage 50 Premium offers more features than Sage 50 Pro and allows up to 5 users. Sage 50 Quantum supports up to 40 users and provides significantly more features than other Sage 50 Versions--including industry-specific functionality for distributors, manufacturers, contractors, and non-profits. There is also a Sage 50 version designed specifically for public accountants. The Canadian versions of Sage 50 differ from the US versions and reviewers looking for more info on the Canadian Sage 50 should check here. A more comprehensive discussion of the differences between the Sage 50 versions appears below.

Q. How much does Sage 50 cost?

A. The introductory, single-user version of Sage 50 is among the least expensive accounting options on the market and starts at $229/annually. Software licensing costs increase with different versions, the addition of multiple users, and add-on functionality like payroll, credit card payment processing, and mobile sales support.

Other factors that can influence final pricing include implementation needs, technical support requirements, and training costs. Sage 50 is most commonly reviewed by companies with "low-end" spending expectations. Nearly 93% of companies who consider Sage 50 as a purchase option have set a total software spending range of under $10,000.

Q. What support options are available for Sage 50?

A. The standard support package for Sage 50 is called Sage Business Care. Sage 50 Business Care provides weekday, business hour tech support and access to software updates. Upgraded support options are available from Sage for users who require a higher level of service. Additional support and product consulting services are available through authorized resellers. Advanced support from authorized resellers is recommended for new Sage 50 users and more complex deployment situations.

Q.What are the deployment options for Sage 50?

A. Sage 50 is only available as an on-premise product from the developer. Authorized vendors sometimes offer hosting services for the program, which allows for the use of remote access technology to support it as a cloud option.

Q. What user platforms is Sage 50 available on?

A. Sage 50 is designed for use on Windows OS workstations.

Q. Is Sage 50 mobile compatible?

A. Sage 50 does offer mobile device support for sales order functionality via an

add-on product called Mobile Sales.

Q. What size companies use Sage 50.

A. Sage 50 is most commonly reviewed as a product option for companies under 20 employees.

Q. When was Sage 50 first released?

A. The original release date for Sage 50 was 1978, when it was offered under its original name, "Peachtree Accounting."

Q. What is the current version of Sage 50?

A. The current version of Sage 50 is Sage 50 2016.

Sage 50 Version Comparison

In order to meet individual licensing and functionality needs, Sage offers Sage 50 in multiple different versions. The three main versions of Sage 50 are Pro, Premium, and Quantum.

Sage 50 Pro

Sage 50 Pro is the entry-level version of the program. Sage 50 Pro includes basic functionality for accounting tasks such as receivables, payables, and general ledger. It also provides invoice creation capabilities. Sage 50 Pro is limited to a single user license.

Sage 50 Premium

Sage 50 Premium builds on the capabilities of Sage 50 Pro, but allows for licensing up to five individual users. Sage 50 Premium also offers extended features, offering more opportunities for efficiency and automation than what is found in the Pro version of Sage 50.

Sage 50 Quantum

Sage 50 Quantum is more robust than either the Pro or Premier versions. Sage 50 Quantum can support up to 40 users. A larger database provides faster performance and is an important program attribute for companies with larger transaction volumes or increased records quantities. Sage 50 Quantum comes in manufacturing, non-profit, construction, and distribution oriented editions, which provide support for many of the business tasks common to each industry. Quantum also provides additional accounting, billing, and job costing features for improved financial management control.

Sage 50 Tech Support

Sage offers tech support through its Sage Business Care program. Sage Business Care offers the following benefits:

• Maintenance updates and fixes
• Product updates
• Sage 50 Intelligence reporting
• Unlimited access to phone support, between 9am and 8pm ET M-F
• Unlimited access to online support tickets
• Remote access assistance
• In-product support chat

Sage 50 customers using the subscription licensing plan will automatically receive Sage Business Care and do not have the option to unsubscribe. Sage 50 users licensed under the traditional plan will be automatically enrolled in the Sage Business Care annual program, but can cancel and continue to use their program, unsupported.

A network of authorized Sage 50 resellers is available to provide more in-depth support services including:

• Business and technical consulting
• Program configuration advice and services
• Technical assistance integrating Sage 50 with other software
• Personalized training

Sage 50 User Platforms

Sage 50 is available for users on Windows workstations. Limited order entry functionality is available via web browser through the add-on Sage Mobile Sales product.

Sage 50 Key Attributes

A keyword analysis of online discussions of Sage 50, reveals that it is most frequently described as "efficient," "simple," and "flexible."

Other terms used to describe Sage 50 include: easy-to-use, convenient, accessible, affordable, streamlined, comprehensive, modular, intuitive, organized, scalable, and cost-effective.

Target Company Size for Sage 50

Sage 50 is marketed as an accounting program for small businesses and is most commonly reviewed by businesses with under 20 employees.

Portion of Sage 50 Reviews by Company Size

Under 20 Employees	20 to 99 Employees	100 or More Employees
71.8%	28.2%	0.0%

Add-on Products for Sage 50

Sage 50 is one of the most popular small business accounting programs on the market. While Sage 50 is primarily focused on providing functionality for core financial management and billing tasks, a number of 3rd party add-on products have been designed to augment the software with support for other key management tasks.

Product	Developer	Functionality
Sage 50 Accounting Certified Payroll	JCS	Payroll
TrueCommerce EDI	HighJump Software	EDI
MiSys Manufacturing	TMiSys	Manufacturing
Sage Alerts and Workflow	Vineyardsoft	Utility
ProTrack Warehouse Solution	Inner-Net, Inc.	Warehouse Management
AccuCOUNT Inventory	Attitude Positive	Inventory
AccuPOS	Attitude Positive	POS
Ace Retail POS 3000	Advanced Computing Edge	POS
Aegis Business Optimization System	Aegis Commerce Solutions	Warehouse Management
AllReports	Granite Software	Reporting
AltOrder	Noverhead	Order Management
Anytime Collect	e2b Teknologies	Accounts Receivable
ArcFreight and ArcFleet Trucking Dispatch	Arcline	Dispatch Software
AllReports	Granite Software	Reporting
AvaTax	Avalara	Sales Tax Management
B2BGateway EDI	B2BGateway	EDI
BillQuick	BQE Software	Billing
BizOps Distribution	Aegis Commerce Solutions	Warehouse Management
Commission Report	Phase One Computing Services, Inc.	Commission Management
CoreIMS Inventory	B2BGateway	Inventory
DiIntegrator	DiCentral Corporation	EDI
Exactor Sales Tax Compliance	Exactor	Sales Tax Management
ExpenseWatch	ExpenseWatch	Expense Reporting
Inventory Pro	Computerized Inventory Systems Specialists	Inventory Software
Projector PSA	Projector PSA, Inc.	Professional Services Automation
Qcommission	CellarStone	Commission management
QuoteWerks	Aspire Technologies	Quotation Software
Web Timesheet Software	OfficeClip	Time and expense
ShipGear	V-Techologies	Shipping

Modules

Some of the most used functioanlity modules include:

Accounts Payable

Display Vendor Balance - Gain easy access to balance information and prior purchase detail by reviewing what you owe your vendors directly on purchasing screens, drilling down to detail level with just one click.

Bill Payment Online or using your standard method. - Write your checks and pay your bills as if you were working in your own checkbook. Simply select which vendors and bills to pay, even review the invoice detail in one click, and print the checks-task done!

Enhanced AP Cash Requirements Report - You now have more filtering options so you can select the right bills to pay. Filter invoices that need to be paid by due date, amount due, discounts to take, and more. The updated report will make it easy for you to see what you owe and how much money you need to pay your bills on any given day.

Write Checks Fast - Write checks with a simplified screen that looks like the manual checks you're used to. And the split screen feature shows ýbehind the screensý allocations for multi-account tracking just like a personal finance system.

Purchase on Time - Receive partial shipments and put items in inventory before receiving a bill! Easily handle drop shipments and review reorder reports for a quick glance at quantity-on-hand, quantity-on-order and backorder information.

Vendor Credit Memos - Track returns to your vendors with easy to use Vendor Credit Memos. Just choose the invoice to apply to, record the amount returned and you're done! You can even track Return Authorization numbers.

Accounts Receivable

Generate Customer Quotes - Quickly and easily provide your customers with estimates for their orders by printing quotes! Your quote does not actually update your accounting information until the quote is converted to a sales order or invoice.

Progress Billing - Better manage your cash flow with Progress Billing. Bill your customers during the job cycle calculated on either of the following milestones: a percentage based on the total estimated job revenue, percentage completed or percentage based on the job proposal. Peachtree will now allow you to create invoices based on the job's current progress.

Create and Track Sales Orders and Back Orders - Track your sales from order to invoice. Easily enter orders and track partial shipments, and always know what is on backorder with the on-screen ýOut of Stocký warning or review the Sales Order Report. Plus, make sure you accurately fulfill your shipments by using the Pick List Report.

Track Your Payment Statuses - Instantly know which purchases or invoices are paid in full, partially paid, past due or unpaid so you can easily stay on top of who owes you and who you owe. Plus, use payment status tracking to view partial payment information and net due for any invoice.

Customer Statements - Use statements for billing your customers with detail from invoices, credit memos and payments automatically printed on the statements.

Receive Payments - Track each invoice until it's paid, even drill down to the detail in one click, and see how your receipts affect your balance. You also have the ability to print receipts detailing items sold and payments received upon recording Time of Sale payments.

Easily Void Invoices - Voiding invoices is as easy as voiding checks! Voiding an invoice reverses out the transaction instead of deleting it. It will automatically update your balances and aging reports, while keeping an audit trail of the original transaction.

Credit Memos - Easily create Credit Memos for your customers by linking to outstanding invoices. Just choose the invoice to apply to, record the amount returned and you're done! You can even track Return Authorization numbers.

Fixed Assets

Manage Fixed Assets

Calculate depreciation easily, quickly, and accurately! The fixed asset system allows for seven books of information, including Financial and Tax, all in full compliance with government rules and regulations1. Track up to 200 assets.

General Ledger

Archive Company Data - Increase your day-to-day performance levels by archiving your historical data and purging your active company. Plus, retrieve a copy of your company data to report on historical data or reprint forms such as old invoices.

Prior Period Locking - Improve data integrity by preventing an unauthorized user from entering or modifying a transaction in a previous accounting period.

Gain General Ledger Control - With Sage 50, you can have up to 13 periods in a fiscal year, and keep transaction detail open for two fiscal years. You can also easily maintain and report on budgets, as well as show or hide your GL accounts on task screens.

Quick Entry Account Register - Account transaction entry is easier and faster with the new Account Register. The new format looks as familiar as your checkbook register with the ability to drill down for more detail.

Accounting Behind the Screens - See what you want to see with the ýAccounting Behind the Screensý function. With one mouse click, you can view the double-entry accounting going on, or click again to hide it, so you don't have to hassle with it.

Year-End Wizard - Save time and follow the correct steps during the critical process of closing your fiscal year.

Keep an Audit Trail - Record and report on any changes made to your transactions! Turn the feature on and off as needed, and control who has access to do so. When coupled with Peachtree software's password security, you can monitor each employee's activity within a company data file, including who made changes and where.

Safeguard your Data - You decide who has access to your accounting and at what level. Choose to give employees access at the module level, or drill down to five screen levels of access for more specific security needs.

Inventory

Serialized Inventory Tracking - Assign serial numbers to specific individual inventory items when creating transactions and maintain detailed records for tracking, recall, and warranty purposes. You can also track actual cost of each serialized item for more accurate profit measure.

Auto-Creation of Purchase Orders based on Stocking Levels - Set it up so the software automatically creates purchase orders for you based on minimum stock levels, re-order quantities and quantities on sales order. You no longer have to manually fill out purchase orders every time your inventory gets low!

Create a Purchase Order from Sales Order - Purchase orders are automatically created right from the sales order screen while placing new customer orders so that you can eliminate double entry and potentially fill customer orders faster!

Powerful Inventory - Know how much inventory you have, how much you've sold, and how much it's all worth. Peachtree will even automatically update your inventory after you invoice your customers or purchase new stock from vendors.

Multiple Costing Methods - You have the flexibility of tracking your inventory with a choice of various costing methods including Average, LIFO (last in, first out), FIFO (first in, first out), or Specific Unit costing.

Create Assemblies - Easily build assembly items by defining the Build of Materials in the Maintain Inventory Items screen. Simply choose the items you want to make up the assembly and everything is tracked together.

Item Attribute Sets - Easily create and track inventory items in a product line by defining attributes such as size, color, or any attributes you define. With this functionality, you can automatically create and maintain Item Attribute sets, and your reports and lookups will reflect this for easy cross-selling, tracking, and maintaining.

Track Item Detail - Track extensive detail on each of your inventory items, such as price levels, tax types, weight, cost method, item type, and more!

Enhanced Item Pricing - Ensure bottom line profitability with flexible, user-defined, formula-based pricing calculations, such as basing a price level on a percentage above average cost, and store them for use across all your inventory items. There are 10 Item Price Levels, and you have the ability to custom name each level, which show on reports and data entry windows. The Item Price Levels can be stored at the customer and item level.

Item Price Changer - Because your business' costs rise and fall constantly, Sage 50c makes it easy to update pricing. You can update prices by an amount or percent for all or part of your inventory. With a simple point and click, you can globally increase or decrease prices, rounding up or down to a specific cent or dollar.

Job Costing

Always Know What a Job will Cost - Know in an instant if a job is worth starting, before you even begin! Easily determine which jobs are more profitable by comparing all job expenses versus revenue. Create job and project estimates by breaking down jobs to the phase level, and then review cost codes by breaking each phase down to a particular type of cost.

Change Job IDs - Change the assigned lookup IDs for Jobs, Phase and Cost Codes at any time even after you have used them within Peachtree. This allows you to make necessary edits to existing IDs without having to start over and better matches your business needs.

Payroll

Payroll is a crucial element of doing business. To help you better focus on growing your business, rather than on tedious, time-consuming payroll activities, let Sage Software make your payroll processing easier and simpler!

Time & Billing

Comprehensive Time Tracking- Easily track time using the time card features, and never enter information twice! Employees simply enter hours on daily or weekly forms and the time information then flows automatically into both invoices and paychecks.

Flexible Billing Rates - Choose from multiple rates-Employee, Activity, and Flat Fee-or choose to override the rate.

Flexible Billing Status Options - Choose from multiple billing status options the moment you enter a time ticket-Billable, Non-billable, Hold, or No Charge.

Instant Expense Tracking - Track all job or project costs and streamline your billing procedures by keeping track of expenses like travel, copies, meals, and more! Your expenses can then be linked automatically to your customers' invoices.