Sage 50 Premium Accounting 2013 (formerly Peachtree Premium Accounting) is a comprehensive accounting solution that provides essential features such as multi-company consolidations, advanced budgeting, and serialized inventory along with access to over 140 customizable reports and financial statements. Apparently, even when your accounting software is complete, more can still be added. Then it becomes Premium. Some of the features that often motivate people to upgrade to Premium are: multi-company consolidations, serialized inventory items, support for terminal services, and bundled copy of Crystal Reports for custom report writing.
Modules Included : General Ledger, Accounts Receivable, Accounts Payable, Bank Reconciliation, Inventory, Sales Order, Purchase Order, Payroll, Job Cost, Fixed Assets, Crystal Reports. Sage Business Intelligence is available as an add-on or with a BusinessCare subscription.
Crystal Reports – is a 3rd party report writing program that is used by many database programs to allow users to write their own reports. It comes bundled with Sage 50 Premium and higher. Several prebuilt reports are also included. Crystal is a very powerful tool, but unless you have a good understanding of databases, you will probably need to have someone experienced with Crystal Reports and Sage 50 train you or write reports for you.
Consolidations – allows you to consolidate multiple companies in to a separate parent company for combined financial statement reporting.
Multiple Budgets – Lower versions allow you to enter a budget. But in Premium you can save multiple versions of your budget to so you can easily compare different scenarios when forecasting.
Payroll raise history – lets you track each employee’s raise history on the Maintain Employees screen.
Serialized Inventory – Expands the inventory capabilities to include inventory with serial numbers. Some programs call this specific unit inventory.
Archive Company – Gives you the option of making an uneditable copy of your compnay’s data. This is normally used after all year end entries are completed.
Departmental Financial Statements – makes producing financial statements by departments easier. Sage 50 Pro and Complete can produce the same reports. But Premium gives you a method to enforce the proper account segments when creating GL accounts, and then adds an option to choose a department when printing financial statements. This shields the user from having to learn how to set up department masking in the financial statement designer.
Vendor Part Numbers – Adds an extra field to the Maintain Inventory Items screen so that you can track your vendor’s part number for each item. When printing inventory reports, purchase orders, quotes, sales orders, invoices, credit memos, receipts or payments, you have the option of printing the vendor part number in place of your item ID.
Proposals – similar in concept to a quote. But after marking it as accepted, you have the option of invoicing the entire proposal, a percentage of the proposal, or a different percentage of each line of the proposal. You can continue to make invoices from the proposal until it has been fully billed.
Broadcast Invoicing – sends the same invoice to as many customers as you need. Perfect for sending bills for dues or service contracts when many or all customers pay the same amount.
Change Order Processing – Lets you print or email a document detailing the changes to a job’s estimate and showing the net change to the total estimate or contract amount and projected completion date. From the same data entry screen, you can record acceptance of the change order and apply the changes to the job’s estimated quantites, expenses, and revenues.
Recommended System Configuration
.4 GHz processor for single user and multiple users
1 GB of RAM for single user and 2 GB for multiple users
Minimum System Requirements
2.0 GHz processor for single user and multiple users
1 GB of RAM for single user and multiple users
Windows® XP SP3, Windows Vista® SP1 or Windows® 7 Home Premium or higher editions of Windows® 7
1 GB of disk space for installation. An additional 1 GB is required for a network server installation
Internet Explorer 7.0 required; Internet Explorer 8.0 and 9.0 supported
Microsoft®.NET Framework CLR 3.5 SP 1. Requires an additional 280 MB to 610 MB
At least high color (16-bit) SVGA video; supports 1024×768 resolution with small fonts required
All online features/services require Internet access with at least a 56 Kbps modem
Excel®, Outlook®, and Word integration requires Microsoft Excel, Outlook, and Word 2003, 2007, or 2010
Outlook Sync supported in Exchange 2000 SP2, 2003, 2007 and 2010
Printers supported by Microsoft Windows XP/Vista/7
In-product demos require Macromedia® Flash™ Player
Adobe® Reader® 9.0 required
Crystal Report® 2008 SP1. Requires an additional 300 MB of available disk space
Multi-user environments are supported in Sage 50 Complete Accounting and higher
Multi-user mode is optimized for Windows Server 2003 or Windows Server 2008 client-server networks, and Windows XP/Vista/7 peer-to-peer networks
A maximum of five licensed named users are allowed. A named user account is granted a license when selected in the user maintenance screen.
Terminal Services are supported in Sage 50 Complete Accounting and higher
Windows 2003 or 2008 Server along with Remote Desktop Connection or Remote Desktop Web Connection client is required to run in a Windows Terminal Services environment. No more than 5 named users
Terminal Server requires additional memory when more than one user is running under Windows Terminal Services. An additional 21 MB RAM is recommended for each additional user
Customer registration and acceptance of License Agreement for Sage 50 Accounting Software Products.