Sage 50 (formerly Peachtree) is core accounting software for small business. It provides billing and invoicing, inventory management, security and analytics/reporting. It offers industry solutions for a variety of business segments, including construction, distribution, manufacturing, nonprofit and accounting.

The Sage 50 system includes built-in data checks that flag common accounting mistakes and suspicious transactions. Audit and security functions allow users to track who is entering or editing data or accessing particular functions. The software provides forecasting and analytics that can be exported into Microsoft Excel.

The product also includes inventory management; users can track inventory based on a variety of qualifiers, such as color, size, style and more. The system monitors inventory and automatically creates a purchase order when levels run low.

Sage 50 integrates with Microsoft Excel, Outlook and Word. Users can export Excel spreadsheets with formats and formulas intact, and data can be exported to PDF or sent via email. In addition, the solution integrates with Sage ACT!

 

Accounting behind the screens
Accounting behind the screens

Accounting behind the screens

Business status - complete

Business status - complete

Cash flow manager

Cash flow manager

Internal accounting review

Internal accounting review

Supported Operating System(s):

Windows 7, Windows Vista, Windows XP



190 Reviews of Sage 50 Accounting (Formerly Peachtree)

Overall rating

4.0 / 5 stars

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Ibrahim from Consulting

Industry:  Property Management

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2018

I am the users of the product

Pros

It serves as an accounting solution for some companies.
It helps to manage accounting systems in organization

Cons

Users friendly
Easy to post information
Easy to access information on the system
Proper accountings.

Review Source

Cameron from Blackman & White

Number of employees:  51-200 employees

Ease-of-use

Functionality

December 2018

Accounts in one place

Pros

i really like that you can see each transaction a company has done with you

Cons

Manually having to add data into the software

Review Source: Capterra

Robert Turner from Turner Accounting & Technology Group

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

December 2018

Implementated it close to 20 timed

Pros

Bank rec module is easy to use, financials are customizable. Speed of the software is great compared to other packages

Cons

They are a bit behind on connecting to third-party software party packages. The price point for this software is expensive

Review Source: GetApp

Barry from teleNetwork

Number of employees:  1,001-5,000 employees

Ease-of-use

Customer support

Functionality

November 2018

Excellent Accounting software for small to medium size business

Pros

Setup and deployment of the software is very straightforward and their support is exceptional.

Cons

Lack of some functions of other software.

Review Source: Capterra

Kristofer from SCM

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

New Peachtree

Pros

We had used Peachtree for years so this was an easy transition. They seem to be adding more features and changing the interface as time goes on. Still a great platform for in house accounting for small business.

Cons

Support isn't as quick as it could be but typically very knowledgeable folks when the issue is responded to.

Review Source: Capterra
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Verified Reviewer

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

Good for starting, but not the cheapest

Sage 50cloud was what we needed to start self-accounting, however it is not with out issues.

Pros

It's good for starting out without experience in accounting. The software is easy to learn and provides many report options .

Cons

It is more costly and a little outdated.

Review Source: Capterra

Tashfeen Bin from Askari Enterprises Private Limited.

Industry:  Other

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

best ever accounting software for medium enterprises

Highly Recommended for small & Medium business

Pros

It is user friendly & easy to use for single user and multiple users as well as for branch networks.

Cons

Not compatible for large organizations where multinational organisation operating in multiple countries.

Review Source

Muhammad Rehan from Jawhar Al Aluminium Metal works

Industry:  Construction / Contracting

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

Good Accounting Software for small companies

I think it's affordable software so you can use in small organization

Pros

this software is very easy in use and proving good result. easy access to get different reports. it is user friendly software.

Cons

This software you can not use in large organization because of some functions are missing but its best for small and medium organization.

Review Source

Muhammad Sajid from Army Welfare Trust

Industry:  Accounting / CPA

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

Peachtree software is the best accounting software, it can be used for all kinds of accounting records

In general it is good and easy software. For a private limited company it is best accounting software to keep business record.

Pros

Peachtree Accounting software is easy to use, user friendly, it has the many options to record business transaction.

Cons

Main con is that you can edit the record any time which is very risky because instead of changing the record a person should post adjusting entries.

Review Source

Esther from Country Custom Meats, Ltd.

Industry:  Other

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

A good accounting software.

Upgrades are difficult to do.

Pros

The accounting software provides a good paper trail to provide to the accountant and it is easy to follow the paper trail.

Cons

We find it difficult to upgrade as it seems when we upgrade we have to create a new title for saving the company.

Review Source

Jason from Johnson's Construction Ltd.

Industry:  Construction / Contracting

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

November 2018

Very easy to use and gets the job done

Great software for small to medium size businesses.

Pros

Very user friendly and easy to learn and navigate around. Does exactly what you would want done for a small to medium sized business. I used this software for many years in a small computer business and never had any issues with completing all our company transactions.

Cons

From an accounting point of view for reporting and controlling multiple company departments I feel it is a little too simplistic to handle larger corporations.

Review Source

Pauline from Telecommunication

Number of employees:  11-50 employees

Ease-of-use

Value for money

Functionality

November 2018

Convenient Accounting

The major benefit for me is having access to the cloud stored database so I can work on what I need to when I need to do it no matter where I am. I am not tethered to my office to do the work.

Pros

Having access to accounting books anytime whether at the office or elsewhere.

Cons

One of the big limiting factors for me is that you can only have one person access the cloud database at a time. Thus, if I am working on reconciliations, others in the company with other bookkeeping tasks cannot make changes and it takes some coordination between myself and others who physically work in the office.

Review Source: Capterra

MJ from dlrepair

Industry:  Maintenance / Field Service

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

Decent accounting software for small business

It is good software

Pros

It is easy to teach a new user how to begin entering transactions. You can set up an assistant to begin entering basic transactions almost immediately. When searching a list (purchases, payments, etc.) of transactions, it is not necessary to have entire name or number. The software will locate the search criteria even if it is just a couple of characters in the middle of a string of text.

Cons

Chart of accounts does not have a true hierarchy so you cannot get totals to roll up for sub accounts. It is often tricky to customize a report accurately. Some reports will omit data because it comes from a specific "journal" and there is no way to make the report include all relevant "journals".

Review Source

Jason from adpm

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

I have been a sage customer for 13 years. Soon to be a past customer

Pros

There really are none. There is much better software programs out there tailored to Small business
Sage has rude customer service reps. You will always have to wait for a call back. If they call you back.

Cons

Customer Service is Horrible. Their SAGE cloud does not work.
BEWARE OF AUDIT
When using the cloud you will quickly find you are running 2 sets of books.
I have spent over 40 hours in the last month with rude customer service reps.
I have to date still not resolved this issue.

Review Source: GetApp

Sarah from Orion Sales & Marketing

Industry:  Distribution

Number of employees:  11-50 employees

Ease-of-use

Functionality

October 2018

Good for Small Business

Pros

This software is easy to use. It can manage inventory and general transactions. There is project management which is a nice feature.

Cons

The reporting is very basic and there is no ability to customize records (only with text box). It is slow if there are large transactions.

Review Source

Perry from Panda Technology Group, Inc.

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

Cloud is not great

Pros

The software does what I need it to do, it keeps my customer data organized, it is easily accessible, the reports are pretty good, and it is small enough for my business. It is not a large package that is overwhelming to my staff, or too many options and choices, it is small and simple which is what we need.

Cons

The cloud is the issue, it is slower sometimes, and Sage can't fix this. The subscription model is also much more expensive over years and years of paying them for it. The support Sage provides is also minimal and they are not well trained and usually it takes two or three calls and an escalation to every get something fixed or resolved.

Review Source: Capterra

Guylaine from CGI

Industry:  Consulting

Number of employees:  10,000+ employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

Very easy to configure

Pros

Easy to create a News compagnie easy to use and very good support and documentation . Always update for taxes

Cons

For very small business, it could cost Money if it is not use correctly but when you know how to use it, you save money

Review Source

Drew from Flood & French Ltd

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

Good Accounting Software

Pros

Once experienced with UI, navigating software is quick and easy.
With Sage Drive can have multiple users accessing data at any one time.

Cons

Was a bit complicated to learn to use.

Review Source: Capterra

Sister Reena from Children of God Relief Institute

Industry:  Non-Profit

Number of employees:  201-500 employees

Ease-of-use

Value for money

Functionality

October 2018

Friendly usable program, no annual subscription, could install as many as stand alone system

If I could get trained on it may we could do much more, I am not sure

Pros

No need of training, installed and use it myself, I could get all kind of reports, we used it over 15 years so far

Cons

Cannot combine different books as one, currency conversion was not available, not real time from different centers

Review Source

Allison from UCP of Maine

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

Sage 50 Great for Small to Large Businesses

Pros

Ease of use and ability to create your own custom reports.

Cons

It glitches quite frequently and customer service isn't very good. You have to wait forever for a call back.

Review Source: Capterra