Accuracy
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Sage Peachtree
2011
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Quickbooks
2010
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Internal Accounting Review |
Up to 15 checks of your data are performed by the Internal Accounting Review2
process in Sage Peachtree. These checks look for suspicious
transactions and common accounting mistakes and give the user advice on
correcting the transactions. |
Similar functionality does not exist in QuickBooks |
| Conditional Alerts | Alerts can be displayed within Sage Peachtree or sent by e-mail to
customers, vendors, or employees when certain conditions are met or
events occur. Sage Peachtree can automatically notify certain employees
through e-mail when certain conditions are met. For example, if a
customer’s balance exceeds a preset amount, an e-mail alert is
generated. Or if inventory levels fall below a certain amount, an
e-mail can be sent to the proper employee(s) to reorder
| Similar user-defined notifications cannot be set in QuickBooks
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| General Ledger (GL) Access | In Sage Peachtree, you always have access to how your transactions are
posted to your General Ledger accounts. Features like ‘Accounting
Behind the Screens’ allow you to view the journal entries associated
with transactions while you are in transaction screens, such as sales
invoices, receipts and purchases. This gives you visibility into how a
transaction is being posted on both sides of the GL, and allows you the
ability to change any of the GL accounts that the transaction is
posting to.
| In QuickBooks, you can see journal entries behind transactions from a
report that does not allow modifications. Accounts can be selected on
purchases, but accounts cannot be selected directly from sales orders,
invoices, or purchase orders
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| Analysis | | |
| Sage Peachtree Business Analytics | In Sage Peachtree, you can see how your company is performing compared
to other companies with the new customizable company dashboard! Get
instant access to view up-to-date key financial trends in order to
compare items such as Total Revenue, Gross Margin %, Days Sales
Outstanding, and much more. Use this tool to improve your business’
financial health and make critical decisions
| QuickBooks no longer ships with the Expert Analysis tool which provided
similar functionality and the tool (ProfitCents by Sageworks) is not
available as an add-on on the Solutions Marketplace. They do not have
similar functionality built into the product
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| Assemblies Reporting | Handle assemblies in new ways with modules on the Inventory and
Services Management Center. This allows you to customize the dashboard
for at-a-glance, detailed information about a specific assembly item.
Enables quick research, comparisons, and decisions about complex
assemblies relationships. See BOM details, which assemblies the current
item is a component of, work tickets for an assembly, and more all at
the same time | Similar functionality does not exist in QuickBooks.
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| Security | | |
| Password Security | Secure your company’s data from unauthorized access with increased
password security options. Strengthen your password security with new
customizable options such as automatic password expiration, multiple
incorrect password attempts lockout, no repeat passwords, and masking
passwords from other users in Sage Peachtree. Maintenance is easier
giving users the ability to change their own passwords without relying
on the admin, and requiring strong password compliance
| QuickBooks does mask passwords but only the Admin can set them. Password strength is recommended but not enforced |
User Security
| Sage Peachtree multi-user products provide you with screen-level and
report groups access control. Administrators can select from over 100
specific areas to give add, edit, view-only, or no access to each user
| Security settings in QuickBooks multi-user products (other than
QuickBooks Enterprise) allow access of only 10 major functional areas,
but not at screen-level and report group access level |
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| Control | | |
| Assembly Revision History | Sage Peachtree manages the revision history for the customer so that
you can see the entire history of the assembly item, with an audit
trail showing who changed it
| QuickBooks will allow you to change the components of an assembly
inventory item at any time; however, a revision history is not
maintained. |
| Purchase Orders | Sage Peachtree will automatically create purchase orders based on
minimum stock levels, re-order quantities, and quantities on sales
orders | Purchase orders can be created manually or from individual sales orders
in QuickBooks, but not automatically and not based on stock levels
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| Master/Sub-Stock items | Sage Peachtree will automatically generate your sub-stock items and
maintain them as a group. This is useful when you want to create an
item, such as a shirt or hat generically, and then use the attributes
of that item (Color, Size, etc) to automatically generate the sub-stock
items to produce a line of products.
| QuickBooks only allows you to use item classes as ‘sub items’ which is
similar to Peachtree master stock items, but does not support true
sub-stock items.
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| Work Tickets | Sage Peachtree allows the ability to build an assembly as a
work-in-process. As each piece is complete, that task is marked off the
work ticket. When it is finished, an assembly item is generated as
“ready to sell”.
| QuickBooks does not have work tickets.
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| Costing Methods | Sage Peachtree lets you choose from Average, LIFO, FIFO, and Specific-Unit costing methods
| QuickBooks offers only Average costing method |
| Order or Sell Using Vendor Part Numbers | For each item in Sage Peachtree, you can store an internal part number,
UPC/SKU code, and vendor part number. You can include these numbers
when printing inventory reports from Sage Peachtree. | QuickBooks tracks internal and manufacturer part numbers that can be
printed on forms, but manufacturer part numbers cannot be printed on
reports |
| In-Product Advisor | The Advisor will assist you in pointing out better ways to accomplish
common tasks in the program. Learn the best way to work within Sage
Peachtree by leveraging our in-product user tips. These tips will help
you discover functions or features that will assist you in learning
other areas of the product quicker
| Advisor-like functionality is not available in QuickBooks |
| Serialized Inventory Tracking | You may assign serial numbers to specific individual inventory items
when creating transactions in Sage Peachtree, and maintain detailed
records for tracking, recall, and warranty purposes. Also track the
actual cost of each serialized item for more accurate profit measure
| This capability does not exist in QuickBooks |
| Change Orders | Sage Peachtree provides a true change order tracking system that
provides needed insight into how job changes impact the bottom line.
Track the approver and approval date, updates to the projected end
date, and estimated expenses and revenue down to phase and cost code.
Change order information is included in Peachtree Jobs reports to
provide analysis of estimated revenues and expenses.
| Change orders can be applied to QuickBooks estimates, but are not
tracked to the phase and cost code level. They also do not include
approval tracking and do not contribute to analysis reporting that
would help determine cost overruns
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| Inventory Management Center | Create a customizable dashboard that helps you process large quantities
of information about a single inventory item or service at a glance. It
enables quick research, comparisons, and decision making. Excellent for
understanding quantities, usage, and complex assemblies relationships.
See sales orders, purchase orders, back orders, total invoiced, and
more all at the same time.
| Similar functionality does not exist in QuickBooks |
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| Access | | |
| Multiple Contacts | Store a virtually unlimited number of contacts per company in Sage Peachtree!4
The “Contacts” tab in the Customers screen allows you to keep track of
any specific details you want regarding multiple contacts per company.
Track more details like multiple contacts titles, phone numbers, e-mail
address and specify the ship-to contacts
| Only offers 2 contacts per customer.
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| Customer Management Center | Create a customizable dashboard view of your customer’s information
such as their converted and unconverted quotes, invoices, receipts,
time tickets, aged balances, items sold, and much more. Drill down to
the detail and quickly take action.
| QuickBooks takes you to one place but still requires multiple clicks to
find the data you need. QuickBooks places you on one screen with 2 tabs
and only 1 transactional module on each. You have to change settings on
the fly to view different sets of information
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| Get
your work done faster by being able to open multiple companies within
Sage Peachtree at the same time! Open all of your companies at the same
and toggle to the company you need without closing your current company.5 | QuickBooks only allows one company to be open at a time |
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| Payroll | | |
| Tax Table Modifications | While both Sage Peachtree and QuickBooks offer tax table update
subscriptions, Sage Peachtree users who do not subscribe to the service
are still able to modify federal, state, and local tax calculations in
user-defined tables.
| QuickBooks users do not have the ability to manually set up or modify
tax tables requiring that updates be made exclusively through the
QuickBooks tax update service.
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| Solutions for Expanding Businesses | | |
| Industry-specific solutions | Sage Peachtree offers feature-rich solutions for companies in
industries such as: Manufacturing, Distribution, Construction,
Nonprofit and Accounting. These industry-specific solutions are
designed to help specialized companies better manage operations by
handling their specific functionality and reporting needs without
sacrificing the strength and flexibility of a robust accounting
solution.
| QuickBooks offers industry solutions for Manufacturers, Wholesalers
& Distributors, Nonprofits, Retailers, Professional Services,
Contractors, and Accountants.
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| Better Performance, Lower Cost of Ownership | Sage Peachtree Quantum includes key features and benefits for those
customers looking to expand their business. With our exclusive
SmartPosting technology, you can experience 2X better performance.6
Sage Peachtree Quantum also offers options for a 5, 10, 15, 20, 30, or
40 user versions allowing customers to expand the number of users as
their business needs grow.7 And with cost effective pricing,
Sage Peachtree Quantum is the ideal solution for companies that want
the lowest total cost of ownership. | QuickBooks Enterprise does not have SmartPosting technology, and the
head-to-head performance testing shows that Peachtree Quantum
outperforms QuickBooks Enterprise by 2X performance speed. For more
details see the performance test criteria. QuickBooks Enterprise only has the option to expand up to a 30 user version.
And
the cost of upgrading to a 30-user QuickBooks
Enterprise is more
expensive than upgrading to a 40-user version of Peachtree Quantum. |
| Order Process Workflow | Keep track of all the moving parts of your order process so nothing
gets missed and everything moves along as planned. Have one centralized
place to keep track of all process statuses, or just your own tasks and
improve daily efficiency of your business with the new Order Process
Workflow system in Sage Peachtree Quantum. You can also notify the next
person in the process, with a status and specific notes as needed.
| QuickBooks does not offer workflow functionality
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| My Dashboard | Based on the user’s security access, customize screens in Sage
Peachtree Quantum to only show things you do on a regular basis like
managing Aged Receivables, or Aged Payables, or Payroll and much more.
Mix and match from various functions or make another view that shows
only the tasks you need on a weekly or monthly basis – you choose!
| QuickBooks currently does not have a user-based, customizable dashboard
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| One solution provider for those with even more powerful needs | Sage Peachtree Quantum provides a high-performance option for your
growing business with support for up to 40 networked users. As you
continue to grow, you have the option to remain in the Sage family with
an easy transition to Sage MAS.
| QuickBooks Enterprise supports only 30 simultaneous users.
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