Brandon, MB––January 20, 2022: Sage 50 previously known as Peachtree or Simply Accounting goes back to 1976 as part of The Computer SystemCenter – a microcomputer dealer. Peachtree was included in the initial launch of the first IBM PCs in 1981.
Sage Group acquired Peachtree in the late 1990s and changed the product name to Sage 50 US in 2012. The product line was adding 100,000 new customers annually during that time period according to news reports. Today, Sage 50 is a comprehensive accounting software offering mostly designed for smaller businesses with up to 40 named users. It is deemed a robust small business desktop accounting application that incorporates comprehensive financial tools and generous customization options.
Sage’s pricing plans are hazy and harder to follow, as they offer several similar yet advanced products. Packages are further divided depending on the number of registered users.
The Sage 50cloud line consists of three plans, all of which require a 12-month subscription to Sage Business Care that automatically renews every year. Pro Accounting starts at $567 per year for one user. Premium Accounting starts at $850 per year for a single user and Quantum Accounting starts at $1,404 per year for one user. Although monthly pricing is available, it is hardly cost-effective. Integration with Microsoft Microsoft 365 Business Standard adds $15 per user per month paid monthly -$12.50 paid annually- to each plan.
QuickBooks is an easy to use, affordable accounting option for small businesses which also offers self-employed freelancers a cheap opportunity to manage their basic accounting needs. Price plans are transparent with the flexibility to add multiuser access to a QuickBooks account.
QuickBooks is a popular choice for bookkeepers and accountants and can easily integrate into their client’s workflows.
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