
Home

Services

Software




Rates

Contact
Us
Tips
& Tricks Blog

|
|
The Sage 50 US Edition (formerly Peachtree) product line is feature rich and flexible while still being very easy to
use. There are several levels to choose from, each building
on
the features of the level before it. However, sometimes Sage's descriptions of their products are so full of
marketing-speak, that it is difficult to tell what the real differences
are. So here is my best effort to describe each Sage 50 accounting product and what you gain as you move up the ladder.
If
you have questions about which Sage 50 product is right for you, or
would like a price quote, call 918-851-9713. Also ask about
implementation and training services.
Sage 50
Pro Accounting 2013

Sage 50 Pro Accounting is quite full featured for an entry level
program. It does true double entry accounting. In
addition to the basic general ledger, accounts payable, and accounts
receivable, it adds sales order, purchase order, inventory, payroll and
basic job costing. Forms (such as invoices and
checks), financial statements, and other reports are all fully
customizable. The main thing that keeps Sage 50 Pro firmly
in the entry level category is that it is only available as a single
user program. Up until a few versions ago, this was simply called
Peachtree Accounting. So if you are using Peachtree
Accounting For Windows and are wondering which 2013 program you are
supposed to upgrade to, this is what you are looking for.
Modules
Included: General Ledger, Accounts Receivable, Accounts
Payable, Bank
Reconciliation, Inventory, Sales Order, Purchase Order, Payroll, and a
limited version of Job Cost
Modules
Not included: Fixed Assets, Crystal Reports, and Job Cost
does not
allow phases or cost codes.
Notable
Features:
- Inventory
- For this price point, Sage 50 Pro has very strong inventory
features. You can choose between FIFO, LIFO, and
Average costing. You can set minimum stock level and reorder
quantities. Each item can have separate descriptions for
sales
and purchasing. You can even set up assembly items with a
bill of
materials. But be warned, in Pro, you can't edit the bill of
materials once it has been used. For that you will need to
look
at Premium or higher. In addition to true inventory items,
you can also set up non-stock, service, labor, and decsription-only
items that are available to make invoicing and purchasing easier but
that don't track quantity on hand and costing history.
- Sales
Orders - Allows you to track sales
that are waiting to be filled. Sales orders can be converted
in
to sales invoices to avoid retyping the same information.
Sales
orders also commit inventory to help you know when to reorder.
- Quotes
- You can print quotes for your customers. If the quote is
accepted, it can be converted in to either a sales order or an invoice
with just a few clicks.
- Purchase
Orders - PO's interface with
both the inventory and accounts payable. So when you receive
the
PO, it automatically increases inventory and sets up the invoice in
accounts payable.
- Payroll
- Pro has a very capable payroll
module. In addition to the obvious federal and state taxes,
it
handles just about any regular or pretax deduction you can throw at it
such as insurance, garnishments and retirement plans including
traditional or Roth 401k and IRA. Vacation and sick time can
be
tracked using either a lump sum or accrual method. Sage 50
Pro
does not accommodate time card entry like the higher versions
do.
As with all versions of Sage 50,
Payroll tax tables must be purchased
each year in order to calculate payroll taxes. (Beginning in version
2013, only tax subscribers can set up custom formulas in the user
maintained tax table.) When
you purchase the "Simple Payroll" udpate,
you will get payroll tax updates for a year (Dec through Nov) as well
as the ability to print signature ready state and federal forms such as
the 941's and W2's. "Select Payroll" provides all the benefits of
Simple Payroll pluss the ability to efile your payroll tax reports.
- Reporting
- Financial statements and other reports can be modified
extensively.
Printed forms are very customizable, including the ability to add your
logo.
- ODBC
and OLEDB access - You can establish a read-only
connection
to your Sage 50 data using ODBC or OLEDB. This allows
extract data from Sage 50 for analysis in other programs such as
Excel or Access.
Sage 50
Complete Accounting 2013

While
there are other good reasons to upgrade to Sage 50 Complete, the big
news here is that it is available in either single user or multi-user
versions. The multi-user version allows up to 5 named
users. Complete also adds phases and cost codes to the Job
Cost
module and throws in FAS for tracking fixed assets and depreciation.
Modules
Included: General Ledger, Accounts Receivable, Accounts
Payable, Bank
Reconciliation, Inventory, Sales Order, Purchase Order, Payroll, Job
Cost, Fixed Assets. Sage Business Intelligence is
available as an add-on or with a
BusinessCare subscription.
Modules
Not included: Crystal Reports
Features
Gained:
- Multiple
Users - Sage 50 Complete can be purchased as either a
single user or
a Multi-user product. The multi-user version supports up to 5
named users but costs significantly less that 5 single user licenses
would.
- Support
for
Terminal Services - Allows Sage 50 to run on a Windows
Terminal
Server so that remote users can connect to your Sage 50
database. If you have multiple offices that need to see the
same
data, or want to be able to use Sage 50 from home, or just want to
make it easier for your CPA to make month end adjustments, this feature
makes it possible.
- Security
- To provide the control needed with
multiple
users, Sage 50 Complete lets you set access levels of None, View
Only, Add, Edit, or Full, for each screen for each user.
- 10 Price
Levels - increased from 5 in Sage 50
Pro.
- Pricing
Formulas - Formulas can be set up by price level for
inventory items to
streamline the process of recalculating prices. This allows
you
to recalculate prices for all or part of your inventory with just a few
clicks; it does not mean that prices will automatically adjust any time
your cost changes.
- Master
and Sub-stock Items - Automates the
process of creating related inventory items, such as a shirt that comes
in small, medium or large and red or white.
- Outlook
Sync -
Customer, Vendor, and Employee information in Sage 50 Complete can be
synchronized with your Outlook contacts so that you only have to enter
information once to keep both up to date.
- Time Card
Entry for
Payroll - In Sage 50 Complete, you can enter time card
information
which will flow in to payroll. That way you don't have to
manually add up time cards so that you can put the total in Payroll
Entry.
- Time and
Expense Tickets - In addition to
feeding
payroll, time tickets can also be used to bill clients for
time.
Expense tickets make it easy to bill for miscellaneous items such as
photocopies that might otherwise be forgotten.
- Fixed
Asset
Tracking - Complete comes bundled with FAS for Sage 50.
It can calculate depreciation for up to 200 assets and post the
depreciation entry directly to Peachtree's general ledger.
FAS
can be upgraded if you need more than 200 assets.
- Better
Job
Costing - Jobs can be divided in to phases and phases can
be broken
down in to cost codes for more detailed job reporting.
- Select
For Purchase Order - lets you select all or a range of
inventory items
for Sage 50 to evaluate and generate purchase orders based on
inventory levels.
- Customer
Management Center - is a customizable screen that gives
you
easy access to your customer data. There are 19 areas of
information that you can show, hide, or rearrange to fit your
needs. Examples include Aged Receivables, Contacts, Sales
Orders,
Invoices, Item Sales History, and Top Customers over the last 12 months.
- Inventory
& Services Management Center - Quickly shows you
status
and transactions for a selected inventory item (stock or non-stock).
It is customizable with 22 different modules including, Sales
Invoices, Purchases, Inventory Adjustment, and Sales Backorders.
It can also be set up to show build and unbuild
transactions for assembly items, as well as the bill
of materials. And for any item, you can see a list of
assemblies that
use it as a component.
- Expanded
employee information - Fields in the employee
maintenance screen that provide space for emergency contact
information, EEO data, and more. There is also a function to
track employee review history and next review date.
- Item
History By Customer - is a new customizable list that will
show
sales of all items or a selected item.
It can be any column in the list, including item, customer,
or
date. You can double click entries to view the original
transaction. You can also print the list, email it, or send
it to
Excel.
- Open
Multiple Companies - You can now have
multiple companies open at
the same time in Sage 50 Complete and higher.
In all companies opened after the first company some features will be
restricted, although most routine data entry and reporting fuctions are
not affected.
Click
here
for a list of features that are restricted.
- Vendor
Management Center- is a customizable screen that gives you
easy access to your vendor data. There are 14
modules that you can show, hide, or rearrange to fit your
needs including Aged Payables, Item Purchase Hsitory, Payments, and
Purchases/Inventory Received.
- Sage
Business Intelligence
- turns Excel into a custom report
writer for Peachtree. You design report templates in Excel
and use SBI to supply the raw Sage 50 data to feed your report.
Several prebuilt reports come with SBI including Sales
Analysis, Purchases Analysis, and multiple balance sheet and income
statement formats. Custom reports can be written from scratch
or you can copy and modify any existing report. A single user
license for Sage Business Intelligence is included with a new
purchase of Sage 50 Complete or higher. A 60 day trial is
included for users upgrading from a previous version.
Sage 50
Premium Accounting 2013

Apparently,
even when your accounting software is complete, more can still be
added. Then it becomes Premium. I guess the marketing
department
didn't think Sage 50 More Complete Accounting or Sage 50 Completer
Accounting had the right ring to them. Some of the features
that
often motivate people to upgrade to Premium are: multi-company
consolidations, serialized inventory items, support for terminal
services, and bundled copy of Crystal Reports for custom report writing.
Modules
Included: General Ledger, Accounts Receivable, Accounts
Payable, Bank
Reconciliation, Inventory, Sales Order, Purchase Order, Payroll, Job
Cost, Fixed Assets, Crystal Reports. Sage Business Intelligence is available as an add-on or with a
BusinessCare subscription.
Features
Gained:
- Crystal
Reports - is a 3rd party report writing program that is
used by many
database programs to allow users to write their own reports.
It
comes bundled with Sage 50 Premium and higher. Several
prebuilt
reports are also included. Crystal is a very
powerful tool,
but
unless you have a good understanding of databases, you will probably
need to have someone experienced with Crystal Reports and Sage 50
train you or write reports for you.
- Consolidations
- allows you
to consolidate multiple companies in to a separate parent company for
combined financial statement reporting.
- Multiple
Budgets -
Lower versions allow you to enter a budget. But in Premium you can save
multiple versions of your budget to so you can easily compare different
scenarios when forecasting.
- Payroll
raise history - lets you track each
employee's raise history on the Maintain Employees screen.
- Serialized
Inventory - Expands the inventory capabilities to include
inventory
with serial numbers. Some programs call this specific unit
inventory.
- Archive
Company - Gives you the option
of
making an uneditable copy of your compnay's data. This is
normally
used after all year end entries are completed.
- Departmental
Financial Statements - makes producing financial
statements by
departments easier. Sage 50 Pro and Complete can produce
the
same reports. But Premium gives you a method to enforce the
proper account segments when creating GL accounts, and then adds an
option to choose a department when printing financial
statements.
This shields the user from having to learn how to set up department
masking in the financial statement designer.
- Vendor
Part Numbers - Adds an extra field to
the Maintain Inventory Items screen so that you can track your vendor's
part number for each item. When printing inventory reports,
purchase orders, quotes, sales orders, invoices, credit memos, receipts
or payments, you have the option of printing the vendor part number in
place of your item ID.
- Proposals
- similar in concept to a
quote. But after marking it as accepted, you have the option
of
invoicing the entire proposal, a percentage of the proposal, or a
different percentage of each line of the proposal. You can
continue to make invoices from the proposal until it has been fully
billed.
- Broadcast
Invoicing - sends the same invoice to
as many
customers as you need. Perfect for sending bills for dues or
service contracts when many or all customers pay the same amount.
- Change
Order Processing - Lets you print or email a document
detailing the changes to a job's estimate and showing the net change to
the total estimate or contract amount and projected completion date.
From the same data entry screen, you can record acceptance of
the
change order and apply the changes to the job's estimated quantites,
expenses, and revenues.
The
following products are what Sage calls their industry
solutions. Here, the "Features Gained" section is comparing
to Sage 50 Premium, not to the version preceding it in the list.
Sage 50
Premium Accounting for Distribution 2013

There
are only a handful of differences between Premium and Premium for
Distribution, but they are definitely significant. For many
users, the addition of unit of measure conversions and bill of material
revisions allow them to stay on Sage 50 instead of having to upgrade
to much more expensive software.
Features
Gained:
- Quantity
Discounts - you can set up as many different discount
tables as you
want. And within each one you can have up to 5 different quantity
breaks. Quantity discounts can work in conjunction with price
levels.
- Work
Tickets - Basically this provides a very
simple version of a work order to help track the production of assembly
items.
- Multipacks/UOM
Conversions - Each inventory item can be assigned a
stocking unit of
measure, purchase UOM, and selling UOM. That allows you to,
for
example, purchase an item by the case but sell it as each.
- Ability
to revise Bill Of Material - Assembly items have a bill of
materials
attached to them so that Sage 50 knows which components make up the
finished good. In the lower versions of Sage 50, that BOM
is
set in stone. But in Premium for Distribution, you can create
a
revised BOM with an effective date. Any assembly transactions
on
or after that date will use the new BOM.
- Specialized
Crystal Reports - see
table at
bottom for list of reports
Sage 50
Premium Accounting for Manufacturing 2013

When
Premium for Manufacturing and Premium for Distribution were introduced
they were identical products. Sage's
stated
intention was to eventually add specialized features to each over
time. As far as I can tell, the two version are still feature
for
feature twins so I'm not going to list the "features gained"
again. This is
not true
manufacturing software. But features like unit of measure
conversions and bill of material revisions give it just enough
flexibility to be useful to many smaller companies. If you
need true manufacturing software, you should check out Sage 50
Quantum - Manufacturing Edition.
Sage 50
Premium Accounting for Construction 2013

While
it can't match Sage Timberline Office (not Sage 300 Construction) in construction specific
features, the addition of progress billing and contractor insurance
tracking to Sage 50's solid set of core features make Sage 50
Premium for Construction very competitive in its price range.
Features
Gained:
- Progress
Billing - Jobs that require progress billing can choose
between Percent
of Completion, Percent of Contract, or Percent of Proposal.
- Contractor
Insurance Tracking - A new tab was added to the Maintain
Vendors
window. Here you can keep track of expiration date, insurance
company name, policy number, and notes for worker's compensation,
general liability, umbrella, and automotive policies.
- Ability
to revise Bill Of Material - Assembly items have a bill of
materials
attached to them so that Sage 50 knows which components make up the
finished good. In the lower versions of Sage 50, that BOM
is
set in stone. But in Premium for Construction, you can create
a
revised BOM with an effective date. Any assembly transactions
on
or after that date will use the new BOM.
- Specialized
Crystal Reports - see table
at
bottom for list of reports
Sage 50
Premium Accounting for Nonprofits 2013
While it is
a nice product, this is not a true fund accounting package.
The list below shows the nonprofit oriented features that
have been added to Peachtree Premium.
Features Gained:
- United
Way based chart of accounts - For organizations that need
to report
using United Way's chart of accounts, Sage 50 has included it along
with several other choices when setting up your company.
- Donor/Grantor
Summary report using Crystal
Reports - Provides a summary of YTD donations.
- Preformatted
Non-profit oriented financial statements: Combining
Statement of
Revenue and Expense, YTD Combining Statement of Revenue and
Expense, Statement of Activities, and YTD Statement of
Activities. (Note
that these reports can be created as custom
financial statements in
other versions of Sgae 50. Sage 50 for Nonprofits
provides
them straight out of the box.
- Fundraising
mail merge template - merges Sage 50 data directly in to a customizable Word document.
Sage 50 Quantum 2013

Combines
all of the features and prebuilt
Crystal reports of the manufacturing, distribution,
construction,
and non-profit versions. Comes in 5, 10, 15, 20, 30
or
40 user
versions. Quantum also comes with a Silver Business Care
Plan which includes access to phone/email/chat support directly from
Peachtree, along with product updates and upgrades for 1 year from the
date of purchase, and a copy of Sage Business
Intelligence. After that, you can renew your Business
Care
subscription for less than the cost of a normal upgrade.
Features
Gained:
- SmartPosting
- Combines the convenience of real time posting with performance
benefits of batch posting. You save each transaction as you
normally would, but the SmartPosting service handles the actual posting
process in the background while you continue working. So it
saves
time over waiting for transactions to post in real time, but saves you
the extra step of posting in batch mode. You have easy access
to
the SmartPost manager so that you can see if there are any unposted
transactions. You also have the option of using real time or
batch posting.
- My
Dashboard - lets you create a customized display of your
company's
data. Create as many tabs as you want to display customer,
vendor, inventory, job, and GL information.
- Order
Process Workflow - Track the status of transactions in
both
sales and purchasing. Set up the steps that you want to track
and
receive notifications when their status changes. Assign a default user to each status so that
changing the status automatically re-assigns it to the correct person.
- Log
Users Out - users with sufficient rights can log out all
or
selected users. They also have the option of logging them out
immediately or sending notification that they will be logged out in "X"
minutes.
- Up
to 40 Users - Multi-user versions of Sage 50 Premium and Complete max out at 5 users. Quantum
comes
in 5, 10, 15, 20, 30 or 40 user versions.
- Role
Based Security - Lets you set up user rights by role or
job title and assign users to a role instead of assigning rights from
scratch for each user.
- Job
Navigation Center - Gives you convenient access to all job
related tasks, transactions, and reports, as well as a job list that
displays the status of each job.
- Job
& Project Management Center - Like the customer
management
center and inventory management center, but for jobs. With 20
different customizable modules that you can choose to show or hide, you
get instant access to status information and transactions related to a
selected job.
Sage 50 Quantum 2013 Accountants' Edition

Just
like Quantum but allows you to work with any flavor of Sage 50 2013
data. You can open and make changes to a client's
data. Just remember that if you make changes to a client's data and
send it back to them, it will over write their data, not merge with it.
Sage 50 Quantum 2013 Manufacturing Edition
If
you need more manufacturing features than Sage 50 Premium for
Manufacturing or Sage 50 Quantum offer but don't want to give up
Peachtree's ease of use or pay the usual price tag of manufacturing
software, then Sage 50 Quantum Manufacturing Edition is for you.
It bundles Sage 50 Quantum
with
the MiSys Manufacturing System. The two products are tightly
integrated, allowing MiSys to handle your manufacturing and WIP needs,
while still utilizing Sage 50 for your finished goods inventory and
invoicing.
Features
Gained:
- Extensive
tracking of manufacturing inventory and work in process (WIP)
- Multi-level
bills of material with full explosion down to 16 levels deep
- Net-change
physical inventory with cycle counting
- Batch-oriented
or direct entry of all stock transfer transactions
- Full back
flushing of all assembly transactions
- Choice of
standard, average, LIFO, or FIFO costing methods
- Cost
adjustment with roll-up through all BOM levels
- Stock check
processing to identify impending shortages
- Work orders
to document and track production activity
- Configurable
alerts to show you critical events and status
- Additional
modules to extend capabilities in Advanced Purchasing, Advanced
Production, Material Requirements Planning
- Custom
manufacturing reports
|
|