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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Sage 50

    Score8.3 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 per user

    Wave Accounting

    Score8.3 out of 10
    N/AWave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.

    $16

    per month

    Pricing
    Sage 50Wave Accounting
    Editions & Modules
    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
    Starter
    $0
    Pro
    $16
    per month
    Pro - billed annually
    $170
    per year
    Offerings
    Pricing Offerings
    Sage 50Wave Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsAnnual billing plans also available for all products.—
    More Pricing Information
    Community Pulse
    Sage 50Wave Accounting
    Considered Both Products
    Sage
    No answer on this topic
    Wave
    Chose Wave Accounting
    Wave accounting does not have as many features as Quickbooks or Sage 50 but it holds it's own with the market it serves. I use Wave primarily for the payroll functionality and i have recommended that clients who use Sage 50 or Quickbooks use Wave for it's payroll. The importing …
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Sage 50Wave Accounting
    Payroll Management
    Comparison of Payroll Management features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    8.9
    18 Ratings
    Wave Accounting
    6.2
    24 Ratings
    Pay calculation10.017 Ratings7.123 Ratings
    Benefit plan administration8.612 Ratings7.54 Ratings
    Direct deposit files8.013 Ratings1.220 Ratings
    Salary revision and increment management8.913 Ratings7.712 Ratings
    Reimbursement management8.913 Ratings7.48 Ratings
    Customization
    Comparison of Customization features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    10.0
    12 Ratings
    Wave Accounting
    8.5
    13 Ratings
    API for custom integration10.010 Ratings9.99 Ratings
    Plug-ins10.011 Ratings7.011 Ratings
    Security
    Comparison of Security features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    8.8
    26 Ratings
    Wave Accounting
    6.4
    45 Ratings
    Single sign-on capability9.021 Ratings6.432 Ratings
    Role-based user permissions8.723 Ratings6.436 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    9.8
    28 Ratings
    Wave Accounting
    6.3
    72 Ratings
    Dashboards9.327 Ratings6.070 Ratings
    Standard reports10.028 Ratings8.069 Ratings
    Custom reports10.027 Ratings5.036 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    9.2
    31 Ratings
    Wave Accounting
    7.0
    75 Ratings
    Accounts payable10.030 Ratings7.158 Ratings
    Accounts receivable10.029 Ratings7.169 Ratings
    Cash management8.929 Ratings8.561 Ratings
    Bank reconciliation10.029 Ratings8.565 Ratings
    Expense management8.527 Ratings7.563 Ratings
    Time tracking8.313 Ratings9.811 Ratings
    Fixed asset management6.818 Ratings9.812 Ratings
    Multi-currency support6.911 Ratings10.019 Ratings
    Multi-division support9.014 Ratings7.19 Ratings
    Regulations compliance9.013 Ratings5.016 Ratings
    Electronic tax filing9.815 Ratings5.914 Ratings
    Self-service portal9.011 Ratings8.040 Ratings
    Global Financial Support9.04 Ratings9.02 Ratings
    Primary and Secondary Ledgers10.06 Ratings9.05 Ratings
    Intercompany Accounting8.67 Ratings4.05 Ratings
    Localizations10.06 Ratings5.23 Ratings
    Journals and Reconciliations9.218 Ratings8.530 Ratings
    Enterprise Accounting10.07 Ratings4.07 Ratings
    Configurable Accounting9.98 Ratings5.017 Ratings
    Centralized Rules Framework9.85 Ratings1.03 Ratings
    Standardized Processes9.912 Ratings7.019 Ratings
    Inventory Management
    Comparison of Inventory Management features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    9.4
    17 Ratings
    Wave Accounting
    8.1
    11 Ratings
    Inventory tracking10.017 Ratings5.68 Ratings
    Automatic reordering8.910 Ratings9.95 Ratings
    Location management10.08 Ratings8.12 Ratings
    Manufacturing module8.98 Ratings9.01 Ratings
    Order Management
    Comparison of Order Management features of Sage 50 and Wave Accounting
    Feature
    Sage 50
    9.2
    22 Ratings
    Wave Accounting
    7.6
    52 Ratings
    Pricing9.917 Ratings9.926 Ratings
    Order entry9.919 Ratings10.018 Ratings
    Credit card processing7.912 Ratings2.345 Ratings
    Cost of goods sold6.819 Ratings10.033 Ratings
    Order Orchestration10.06 Ratings5.85 Ratings
    End-to-end order visibility9.97 Ratings8.24 Ratings
    Order exception Resolution10.06 Ratings7.02 Ratings
    User Ratings
    Sage 50Wave Accounting
    Likelihood to Recommend
    9.1
    (41 ratings)
    6.0
    (81 ratings)
    Likelihood to Renew
    9.1
    (14 ratings)
    7.8
    (3 ratings)
    Usability
    9.5
    (11 ratings)
    7.0
    (16 ratings)
    Availability
    -
    (0 ratings)
    6.7
    (4 ratings)
    Performance
    -
    (0 ratings)
    2.9
    (2 ratings)
    Support Rating
    10.0
    (7 ratings)
    2.1
    (12 ratings)
    Online Training
    -
    (0 ratings)
    4.7
    (3 ratings)
    Implementation Rating
    9.1
    (5 ratings)
    -
    (0 ratings)
    CPA Rating
    8.2
    (4 ratings)
    8.0
    (8 ratings)
    Product Scalability
    9.1
    (1 ratings)
    3.0
    (2 ratings)