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For small business, which accounting program would work best, Quickbooks vs. Sage 50

Raul Valles's Profile

Answers

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

The answer is both and neither.

Every business is different with different needs. However, all businesses are generically similar (broad statement here).

You should be able to find an off-the-shelf package that will work without modifications. This is regardless of the size of your organization (see broad statement).

Remember, modifications (enhancements, customization) is the gift that keeps giving... in other words you will pay the vendor (programmer) to constantly re-make/re-link your modifications each time the program is updated by the software manufacturer.

See this resource: https://www.proformative.com/resources/buying-accountingerpcrm-system it may help.

Topic Expert
Paul Benedetto
Title: CFO, Director of Finance, Consultant
Company: Nextwave Software, Rethink Fabrics
(CFO, Director of Finance, Consultant, Nextwave Software, Rethink Fabrics) |

Yep, Wayne and I are on the same page here - for most businesses, an off-the-shelf is all that is needed. One new program that I have experienced a lot of positive results with recently is Xero.com. Built from the ground up to operate in the cloud, there are a lot of benefits to their streamlined, always available approach. They focus heavily on integrating 3rd party web-based tools into their system, allowing to do cheaply and easily (and without hand holding by your IT department), what a few years ago would be custom software modifications that would take time and money...

Xero is my new go to for clients, especially in the startup to several million in revenue realm. If you need something on a much larger scale, I would suggest looking at Intacct or NetSuite. I have worked with each of those companies for many years and their systems are cloud-based ERP leaders. I believe that I have provided separate reviews of at least Intacct on Proformative.

With the current state of technology and the rate at which it continues evolve in our profession, I can no longer recommend any desktop or server based accounting program.

Happy to talk things through offline, if anyone is interested in more details or wants a more personalized assessment, thanks. -Paul

Kundan Lal
Title: Accounting & Finance Consultant
Company: Real Time Cloud Services, LLC
(Accounting & Finance Consultant, Real Time Cloud Services, LLC) |

You cannot compare Sage 50 and QuickBooks because both of them can meet the needs of different business demands. QuickBooks is a good option for businesses who sell services or have simple inventory requirements. On the other hand, Sage 50 is better is a better option for a product-based business.

You should first analyze your business requirements and then list down the basic features of both the software. Go through the pros and cons of the software specific to your business to decide the most suitable software for you.

William Leo
Title: Marketing Manager
Company: BNW Accountants
(Marketing Manager, BNW Accountants) |

QuickBooks and Sage One are two of the most popular business management services. Both offer slightly different functions. QuickBooks focuses more on bookkeeping and accounting services, but Sage One is a feature-rich project management service. Both services overlap in some categories, but ultimately, these two services help your business grow in different ways.

Margarette Stine
Title: Web Developer
Company: none
(Web Developer, none) |

Essentially, QuickBooks is a feature-rich bookkeeping program that lets you automatically sync business information across bank accounts, while Sage One is a cloud-based project management service with extensive invoicing features. Both services offer considerable value to your business without breaking the bank.

Jennifer Thomas
Title: Accountant
Company: Sagenext Infotech LLC
(Accountant, Sagenext Infotech LLC) |

There cant be a definitive answer to this. It is not possible to point solely towards one software to be better than the other. Both of these software are equally commendable and competent. Most of the small or medium business owners and CPAs with a smaller client base do tend to gravitate towards QuickBooks more as it's easier to rectify mistakes when using QuickBooks when compared to Sage 50. Sage 50 is targeted more towards bigger accountants and companies with the more extensive client base.

Both QuickBooks and Sage 50 render the users vital benefits. But it all boil downs to personal preferences based on the size of businesses and familiarity with the UI. This choice solely depends on the features the company needs. Both QuickBooks and Sage 50 offer a variety of options for hassle-free business growth. Quickbooks is more targeted towards business owner who prefers to manage their own transactions. On the other hand, Sage is more of a package that an accountant or larger business might find lucrative. Sage 50 is probably a technically better system, but Quickbooks is likely to be more intuitive and easy to use.

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