As a small business owner, you have more important things to focus on than accounting software. Life is hectic and owning your own business makes it exponentially more so. So, while accounting software programs can’t take away all your burdens, they can make a stressful part of your job much easier.
For years QuickBooks and Peachtree (now Sage 50) have been the gold standard in small business accounting software. QuickBooks holds 89 percent of the small business accounting software market in the United States. However, Peachtree (Sage 50) is another popular product that definitely gives QuickBooks a run for their money. Both products have their own individual strengths and weaknesses, but which one is right for you?
QuickBooks is great for service-oriented businesses; inventory control is where it falls short. Peachtree has the market on that. QuickBooks only works in average costing; Peachtree can manage inventory by LIFO, FIFO, serialized and average costing. Pricing for both products is very close. QuickBooks is overall more attractive and easier to use, and they have a Mac version. QuickBooks also has an online version that is VERY affordable, but limited and more appropriate for home finances. Both products are dependable and excellent. To read an in depth feature for feature and price comparison white paper comparing QuickBooks vs Peachtree click on the button below!