AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.
$20
per month
Sage 50
Score 8.3 out of 10
Small Businesses (1-50 employees)
Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$61.92
per month
Pricing
AccountEdge
Sage 50
Editions & Modules
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
Offerings
Pricing Offerings
AccountEdge
Sage 50
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
Annual billing plans also available for all products.
More Pricing Information
Community Pulse
AccountEdge
Sage 50
Features
AccountEdge
Sage 50
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountEdge
6.6
Ratings
16% below category average
Sage 50
8.9
Ratings
14% above category average
Pay calculation
10.00 Ratings
10.00 Ratings
Benefit plan administration
8.00 Ratings
8.60 Ratings
Direct deposit files
5.00 Ratings
8.10 Ratings
Salary revision and increment management
6.00 Ratings
8.90 Ratings
Reimbursement management
4.00 Ratings
8.90 Ratings
Security
Comparison of Security features of Product A and Product B
AccountEdge
9.0
Ratings
8% above category average
Sage 50
8.9
Ratings
7% above category average
Role-based user permissions
9.00 Ratings
8.70 Ratings
Single sign-on capability
00 Ratings
9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountEdge
9.0
Ratings
13% above category average
Sage 50
9.8
Ratings
22% above category average
Dashboards
9.00 Ratings
9.30 Ratings
Standard reports
9.00 Ratings
10.00 Ratings
Custom reports
9.00 Ratings
10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountEdge
7.2
Ratings
8% below category average
Sage 50
9.2
Ratings
17% above category average
Accounts payable
9.00 Ratings
10.00 Ratings
Accounts receivable
9.00 Ratings
10.00 Ratings
Cash management
8.10 Ratings
8.90 Ratings
Bank reconciliation
6.00 Ratings
10.00 Ratings
Expense management
6.00 Ratings
8.50 Ratings
Time tracking
6.00 Ratings
8.30 Ratings
Multi-currency support
9.00 Ratings
7.00 Ratings
Multi-division support
9.00 Ratings
9.00 Ratings
Regulations compliance
7.00 Ratings
9.00 Ratings
Electronic tax filing
7.00 Ratings
9.80 Ratings
Self-service portal
2.70 Ratings
9.00 Ratings
Fixed asset management
00 Ratings
6.80 Ratings
Global Financial Support
00 Ratings
9.00 Ratings
Primary and Secondary Ledgers
00 Ratings
10.00 Ratings
Intercompany Accounting
00 Ratings
8.60 Ratings
Localizations
00 Ratings
10.00 Ratings
Journals and Reconciliations
00 Ratings
9.20 Ratings
Enterprise Accounting
00 Ratings
10.00 Ratings
Configurable Accounting
00 Ratings
9.90 Ratings
Centralized Rules Framework
00 Ratings
9.80 Ratings
Standardized Processes
00 Ratings
9.90 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountEdge
8.0
Ratings
9% above category average
Sage 50
9.4
Ratings
25% above category average
Inventory tracking
8.00 Ratings
10.00 Ratings
Automatic reordering
8.00 Ratings
8.90 Ratings
Location management
8.00 Ratings
10.00 Ratings
Manufacturing module
8.00 Ratings
8.90 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountEdge
8.0
Ratings
3% above category average
Sage 50
9.2
Ratings
17% above category average
Pricing
8.00 Ratings
9.90 Ratings
Order entry
9.00 Ratings
9.90 Ratings
Credit card processing
6.00 Ratings
7.90 Ratings
Cost of goods sold
9.00 Ratings
6.80 Ratings
Order Orchestration
00 Ratings
10.00 Ratings
End-to-end order visibility
00 Ratings
9.90 Ratings
Order exception Resolution
00 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
I like the automated guides to set up complex features of payroll formulas.
The business intelligence reporting seems very comprehensive, so that one could really "crunch the data" and analyze different aspects of their business.
Sage annually improves the performance and features of their program.
Probably our biggest beef is the sales pitch a while back to incorporate their POS system Checkout that was supposed to integrate hand in glove with AccountEdge (it never really did.) Now the company has abandoned the POS program (even the website is now a 404 error page). Checkout is glitchy, and rather than improving it, they just dropped it and left users like us who bought into it unsupported. That doesn't reflect well on the company's customer service in our view. We've been AccountEdge users from back when it was MYOB, but our confidence in their future dependability has been strongly impacted by this move, and if something else came along, our hard-earned loyalty might not be as firm as it has been in the past.
Some tasks in AccountEdge take a long time to complete (go get a coffee while the spinning beachball turns).
Don't know the feasibility, but it would be nice to have access to older transactions, maybe even in some kind of read-only format.
The out of the box reports are not appealing and take a bit to clean up during the end of the month. The set up of the reports can be quite tedious and not very intuitive. They need to do a better job of adding the drop and drag tool in a more visible way so that it is easy for the end user.
Sage needs to add the ability for the users (in a controlled environment) to manipulate the look and feel of the input screens. It gives you minimal options to add fields to certain areas.
The help feature does not have the "google" type of intelligence that allows you to search on phrases. If it is not exact, it does not do a very good job of filtering through items that you really don not need. I have used more of the internet searches to figure out my problem because it wasn't easy to pull up the help option in Sage.
Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
The support from Sage is quick, easy to understand and always relevant. They are very responsive to queries and this enables us to have very little down time if the product does fail for whatever reason. Having someone on the end of the phone who can solve your issues is invaluable.
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
My hands down preference is to keep my accounting off of the cloud but that is not always the case with my clients. So, to make this comparison somewhat fair I will consider only the items containing parity in cloud vs desktop. AccountEdge vs Xero. AccountEdge has superior interface and key response because an internet connection is generally not as responsive as localized software. Period. I also feel that AccountEdge is far more robust in features as well as how my data is presented (visually). I require uniform naming/wording conventions so I can better assimilate data. While this is possible in Xero, it's not as easy to accomplish because of screen response and keyboard workflow. Mouse oriented vs. keyboard oriented. AccountEdge vs QuickBooks for Mac. Succinctly put: cross-platform. AccountEdge data files do not require "saving as" Windows copies or any other such nonsense conversion. They just work equally well on either platform. So for users whose platforms do not match their accountant's, there is simply no issue. Additionally, Acclivity will give a user's accountant a copy of the software for free.
Sage Accounting is better suited for smaller organisations with fewer transactions. The invoicing system of this piece of software is a superior tool, however. Sage HR is more commonly used for employees to access payslips and record things such as annual leave or overtime. Sage Intacct is likely a more practical solution for a larger organisation with a higher volume of transactions.
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
If I didn't have AccountEdge, I would have to make do with Excel spreadsheets, or go back to paper, as I did before 1995, and I wouldn't be able to access client information as easily as I can here.
It allows me to manage cash easily, so if clients are slow-paying, I can borrow funds to meet expenses, without incurring overdraft fees, until they come through.
It has allowed for more emphasis on sales than data entry which has allowed the Wholesale division to grow
The "On Screen" credit status on the Sales Order feature has given the capability to free up inventory for paying Customers which increased Turnover, while keeping Past Due to a minimum
The Reporting has allowed for yearly, prior year and Budget Variance Reporting for the Sales Reps so they can stay or target
The Inventory Reporting and Receiving keeps a grasp on damaged based on Lots received which helps to notify the Parent company of production issues and monitor shrinkage
The Credit with Job and RGA capability give a clear view of which Customer are having warehouse issues or if we are having Freight Carrier issues