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Sage 50cloud Review (Formerly Peachtree)

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Sage 50cloud Review (Formerly Peachtree)

  • 8 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Date Established
1977
Chelsea Krause

Chelsea Krause

Managing Editor - Accounting
Chelsea Krause is a writer who has specialized in accounting for over three years and is a QuickBooks Certified User. She has a BA in English & Creative Writing from George Fox University and studied at the University of Oxford as well. She has been quoted in Forbes and her work appears in Startup Nation, Small Business Bonfire, and Women on Business.
Chelsea Krause



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8 Comments

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    ANNA

    Organization Name: New Light

    This is ridiculous! I have spend a lot of time and frustration! I tried to convert from Quick Books online and I was not able to do it. I have been waiting for my refund for almost 100 days! I prefer Quick Books online! They are really helpful and they always reimburse the money in a reasonable time. I do not recommend Sage 50 at all! Time wasted and lots of frustration!

    1
    • Organization Name: New Light
    Dan Murphy

    Organization Name: Dan Murphy Logistics

    I bought this product in 2013. I have a basic home based business. I had no real issues other than it is difficult to navigate if your not accountant trained. What compounds this is Sage don’t support their product. You pay almost 500.00 and in my case I was told that they could no longer offer support for my product because it was too old. They wanted me to upgrade to the newer edition for 499.00 and I would get one year of support. To my ears it was nothing short of extortion. I called my accountant and she fixed the error ( wrongly labeled account) so I could close out my year. Cost: 75.00 for a home visit by accountant. It will be a cold day in Satan’s bedroom before I ever give these extortionists another dime. Terrible service from corporate extortionists.

    1
    • Organization Name: Dan Murphy Logistics

    This comment refers to an earlier version of this review and may be outdated.

    shafeek

    Organization Name: Emirates ready mix

    i have one problem in financial year endingequity gets closed ledger amout didnt deduct retained earningshow can help?

    3
    • Organization Name: Emirates ready mix

    This comment refers to an earlier version of this review and may be outdated.

    Chelsea Krause

    Hi there!

    Thanks for reaching out! Unfortunately, this is a bit outside our expertise. To get the best help regarding this question, I’d suggest you contact Sage 50cloud support or your accountant directly.

    Best wishes,

    -Chelsea Krause

      This comment refers to an earlier version of this review and may be outdated.

      Shirley Byard

      Organization Name: Best Business Strategies

      I started with Peachtree Build 3. I am now a Certified Sage 50 Consultant. My suggestion is to get the help you need to set your software up right from the start and it will pay you back every day. The green box software does not require you to use a chart of accounts. While it is easy to use, you pay your accountant at the end of the year to sort out the transactions. When you look at financial statements and you see Sales Tax in expenses (this is a liability account) you know you can’t trust the postings.

      Just because the software takes your entry, it does not mean it is posted correctly. Using Accounting software is no different than driving a car. You need someone to teach you no matter what software you are using. If you don’t spend the money in the beginning for training, and a good set up, you will pay in the end when you crash. Sometimes every year-end when you pay for your tax preparation.
      Shirley Byard, owner BestBusinessStrategies.com

      • Organization Name: Best Business Strategies

      We've done in-depth research on each and confidently recommend them.

      Stella J Karavas

      Organization Name: Stella J Karavas CPA

      As a CPA in the space of small businesses and start-ups, I have used Sage (Peachtree) for over two decades and purchased for clients. They WERE one of the best software packages for small businesses. Now I would recommend EVERYONE to stay clear as they hold their most loyal patron’s “hostage” force feeding them their new business model. Having purchased the full-blown version of 2017, the company now blocks your activation key from EVEN USING THE PROGRAM YOU PURCHASED. You call customer support and they give you a song and dance pushing you around leading you into an abyss of nothingness; no help; no support UNLESS you pay their price.Whoever is at the helm of this company should be shown the door. Loyalty means nothing to this company. Stay clear of Sage as I am sure down the line they will hold you hostage once again to higher monthly fees and business models that suit their bottom line but not yours!

      1
      • Organization Name: Stella J Karavas CPA

      This comment refers to an earlier version of this review and may be outdated.

      Dave Carden

      Hello,

      We are currently using DACEASY and are looking for a cloud based program to replace it.

      The SAGE website says that SAGE 50c is offering migration from DACEASY so it would seem the logical choice for us.

      What is your opinion of Sage 50c as a replacement for DACEASY ?

      Thank you.

        This comment refers to an earlier version of this review and may be outdated.

        Chloe Bahal

        Hi Dave,

        If you are looking for the easiest transfer of data possible, then Sage 50c would be the way to go, but that is the only plus I see for sticking with Sage 50c. The software is incredibly expensive and unintuitive. If you switched to Sage 50c you would be gaining these features: customizable work flows, customizable dashboard, multiple company support, online backup, integrate eMarketing, multiple contacts per customer, warranty tracking, commission tracking, stock and sub item tracking, work ticket tracking, more project management capabilities, more expense and revenue tracking capabilities. But you would be losing: POS module, inventory kits, tracking multiple warehouses. I hope this helps but if you have further questions please let me know.

          This comment refers to an earlier version of this review and may be outdated.

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