/ latin /. v., learn thoroughly
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Peachtree old logo

Peachtree is now called Sage 50.

It's the same small business accounting software that you have always used, but now has a new name.

Accounting and software topics covered

Perdisco publishes three computerized practice set titles for Sage 50 at two different levels of academic difficulty:

  1. Electronics Specialist
  2. Electronics Specialist with Data File Download
  3. Corporate Gift Baskets.

A general overview of the two titles is provided on our catalog page. The purpose of this page is to provide more detail for instructors seeking to understand which title may best suit their teaching. Instructors are encouraged to order a free review copy of their selected title.

Overview

The titles all require students to use the Sage 50 software to complete a one month accounting cycle. They are substancial activities that are expected to take many study hours to complete over multiple days or weeks. Students can bookmark their current position in the practice set and return to that same place the next time they are ready.

The following table sets out key differences between the titles:

  Cover image
Sage 50
Practice Set
Cover image
Sage 50
Practice Set
with Data
File Download
Cover image
Sage 50
Simplified
Practice Set
Overview
Context Student is the accountant in a retail business that sells consumer electronics Student is the accountant in a retail business that sells consumer electronics Student is the owner of a one person business selling gift baskets
Pedagogical focus 'Assessment'
More words to read, more complexity to manage and less detailed feedback
'Assessment'
More words to read, more complexity to manage and less detailed feedback
'Learning'
Lots of help with feedback that precisely identifies errors made
Degree of academic difficulty Most demanding Demanding Less demanding
Data file set up in Sage 50 Set up independently by student Downloadable data file, so no set up is required Downloadable data file, so no set up is required
Time required to complete the practice set Up to 10 hours Up to 7 hours Up to 4 hours
Total points available 419 points 331 points 136 points
Likely grade distribution

(Depends on overall academic level of the class)
Lower average with a variance of points in a typical bell curve Lower average with a variance of points in a typical bell curve Skewed towards a higher average with 100% common
Free access to Sage 50 Learning Center Included Included Included
Instructor and Student companions Included Included Included
Pricing and format Online icon
$35.95
VirtualTutor Online
Online icon
$35.95
VirtualTutor Online with Data File Download
Online icon
$35.95
VirtualTutor Online with Data File Download
Order review copy
(free for instructors)
Order practice set
Order download file
Order simplified

The accounting cycle

The exact details of the accounting cycle implemented by each title vary. The following dot points and table are provided to help instructors determine which title best reflects the accounting topics that they teach in class. In general, during the process of completing their one month accounting cycle, students will:

  • Optionally create and setup data files in Sage 50
  • Apply U.S. Generally Accepted Accounting Principles (US GAAP)
  • Work on a business that is set up as a corporation (Electronics titles only)
  • Use the perpetual inventory system and the weighted average method
  • Include sales tax when recording sales transactions
  • Record adjusting entries (Electronics titles only)
  • Perform a bank reconciliation (Electronics titles only)
  • Generate aged receivables and aged payables reports (Electronics titles only)
  • Prepare financial statements
  • Become familiar with the screens and functionality of Sage 50 set out below.

Please contact us if you would prefer an alternate approach to the accounting cycle (for example, a different inventory system or the exclusion of tax).

The following table compares the two practice set titles to explain, at a glance, what accounting topics each contains and how they differ:

  Cover image
Sage 50
Practice Set
Cover image
Sage 50
Practice Set
with Data
File Download
Cover image
Sage 50
Simplified
Practice Set
Coverage of accounting processes and concepts
Business structure Private non-listed corporation Private non-listed corporation Sole proprietorship
Data file set up in Sage 50 Set up independently by student Downloadable data file, so no set up is required Downloadable data file, so no set up is required
Volume of transactions in Sage 50 Substantial number required Substantial number required 75% less than in Electronics Specialist
Inventory system Perpetual inventory system and weighted average method Perpetual inventory system and weighted average method Perpetual inventory system and weighted average method
Sales tax Included when recording sales transactions Included when recording sales transactions Included when recording sales transactions
Purchase orders and sales orders Included Included Not included
Purchase returns and sales returns Included Included Not included
Payroll transactions Included Included Not included
Bank deposit tickets Included Included Not included
Adjusting entries Included Included Not included
Bank reconciliation Included Included Not included
Unpresented checks or deposits in transit Included Included Not included
Bank service charges, interested received Included Included Not included
Financial reporting Included Included Simplified
Aged receivables and aged payables Included Included Not included

Sage 50 software functionality being tested

Sage 50 offers different navigation paths to reach its functions. Both practice set titles focus on the icon-based Navigation Centers of Sage 50 Complete Accounting and ask students to interact with those icons to achieve the required tasks. A screen shot of each Navigation Center (taken from the 2013 version of the software) is shown below to illustrate the concept along with the icons and tasks being tested, where:

Use Icon = Students use, and are tested on, the functionality of this icon
Not Included Icon = Not included in this practice set title

  Sage 50
Simplified Practice Set
 
  Sage 50 Practice Set
with Data File Download
   
  Sage 50
Practice Set
     
Navigation Center Icon/Task      
Customers & Sales Navigation Center
Customers & Sales Navigation Center
Customers Use Icon Use Icon Use Icon
Jobs Not Included Icon Not Included Icon Not Included Icon
Sales Taxes Use Icon Use Icon Use Icon
Time and Expense Tickets Not Included Icon Not Included Icon Not Included Icon
Quotes and Proposals Not Included Icon Not Included Icon Not Included Icon
Sales Orders Use Icon Use Icon Use Icon
Sales Invoices Use Icon Use Icon Use Icon
Finance Charges Not Included Icon Not Included Icon Not Included Icon
Receive Money Use Icon Use Icon Use Icon
Bank Deposits Alternate Icon Alternate Icon Alternate Icon
Customer Statements Not Included Icon Not Included Icon Not Included Icon
Credits and Returns Use Icon Use Icon Use Icon
Reports Alternate Icon Alternate Icon Alternate Icon
Vendors & Purchases Navigation Center
Vendors & Purchases Navigation Center
Vendors Use Icon Use Icon Use Icon
Write Checks Alternate Icon Alternate Icon Alternate Icon
1099s Not Included Icon Not Included Icon Not Included Icon
Time and Expense Tickets Not Included Icon Not Included Icon Not Included Icon
Purchase Orders Use Icon Use Icon Use Icon
Enter Bills Use Icon Use Icon Use Icon
Pay Bills Use Icon Use Icon Use Icon
Electronic Bill Pay Not Included Icon Not Included Icon Not Included Icon
Void Checks Not Included Icon Not Included Icon Not Included Icon
Credit and Returns Use Icon Use Icon Use Icon
Reports Alternate Icon Alternate Icon Alternate Icon
Inventory & Services Navigation Center
Inv & Services Navigation Center
Inventory Items Use Icon Use Icon Use Icon
Company Services Not Included Icon Not Included Icon Not Included Icon
Assemblies Not Included Icon Not Included Icon Not Included Icon
Prices Not Included Icon Not Included Icon Not Included Icon
Purchase Orders Alternate Icon Alternate Icon Alternate Icon
Receive Inventory Alternate Icon Alternate Icon Alternate Icon
Ship Packages Not Included Icon Not Included Icon Not Included Icon
Track Packages Not Included Icon Not Included Icon Not Included Icon
Inventory Count Not Included Icon Not Included Icon Not Included Icon
Inventory Adjustments Not Included Icon Not Included Icon Not Included Icon
Reports Alternate Icon Alternate Icon Alternate Icon
Employees & Payroll Navigation Center
Employees & Payroll Navigation Center
Employees Use Icon Use Icon Use Icon
Users Not Included Icon Not Included Icon Not Included Icon
1099s Not Included Icon Not Included Icon Not Included Icon
Payroll Setup Use Icon Use Icon Use Icon
Time and Expense Tickets Not Included Icon Not Included Icon Not Included Icon
Pay Employees Use Icon Use Icon Use Icon
Direct Deposit Not Included Icon Not Included Icon Not Included Icon
Print Payroll Checks Not Included Icon Not Included Icon Not Included Icon
Reports Alternate Icon Alternate Icon Alternate Icon
Forms Not Included Icon Not Included Icon Not Included Icon
Void Checks Not Included Icon Not Included Icon Not Included Icon
Banking Navigation Center
Banking Navigation Center
Write Checks Alternate Icon Alternate Icon Alternate Icon
Account Register Not Included Icon Not Included Icon Not Included Icon
Analysis Tools Not Included Icon Not Included Icon Not Included Icon
Chart of Accounts Alternate Icon Alternate Icon Alternate Icon
Receive Money Use Icon Use Icon Use Icon
Bank Deposits Use Icon Use Icon Use Icon
Enter Bills Alternate Icon Alternate Icon Alternate Icon
Pay Bills Use Icon Use Icon Use Icon
Electronic Bill Pay Not Included Icon Not Included Icon Not Included Icon
Void Checks Not Included Icon Not Included Icon Not Included Icon
Reconcile Accounts Use Icon Use Icon Use Icon
General Journal Entry Alternate Icon Alternate Icon Alternate Icon
Reports Alternate Icon Alternate Icon Alternate Icon
System Navigation Center and other functions
System Navigation Center
Backup Data Not Included Icon Not Included Icon Not Included Icon
Automatic Backup Not Included Icon Not Included Icon Not Included Icon
Restore Data Not Included Icon Not Included Icon Not Included Icon
Customer List Not Included Icon Not Included Icon Not Included Icon
Vendor List Not Included Icon Not Included Icon Not Included Icon
Find Transactions Use Icon Use Icon Use Icon
General Journal Entry Alternate Icon Alternate Icon Alternate Icon
Chart of Accounts Use Icon Use Icon Use Icon
Analysis Tools Not Included Icon Not Included Icon Not Included Icon
Check for Sage 50 Updates Not Included Icon Not Included Icon Not Included Icon
Year End Wizard Not Included Icon Not Included Icon Not Included Icon

PDF icon

Please download our Title Overview as a PDF brochure for a detailed comparision of the three titles in an easy-to-print format. This PDF contains most of the detail set out on this page.

Sage 50 software download

Students will need access to 'Sage 50 Complete Accounting' to make use of our Sage 50 practice sets. Sage 50 is the new name for the accounting software that used to be called Peachtree. Sage 50 is a popular accounting software package used extensively by small and medium businesses throughout the United States. Most instructors would already be aware that Sage 50 is a third-party software application written by Sage Software. Perdisco does not write the Sage 50 software ourselves and is not associated with Sage Software in any way. Rather, Perdisco is a publisher who creates learning resources for accounting instructors to use in their classes to teach the Sage 50 software and/or Accounting Information Systems in general.

All of our Sage 50 practice sets automatically include a student license to use the Sage 50 software. Students are free to download the included student copy of Sage 50 or access the software through other means such as site licenses in campus computer labs or existing copies at home or work.

A student license provides a fully functional copy of the software with a 14 month time limit. A student license requires that it be used by a full or part time student or faculty member for their own study-related (non-commercial) purposes. Sage Software does not offer support services under the student license of its software but students are free to use the public knowledge base resources provided by Sage Software on its website as well as the free Learning Center provided by Perdisco.

Please note that while Perdisco's practice sets can be used on both Windows and Macintosh computer systems, the Sage 50 software can only be used on Windows-based computers. This is a limitation imposed by Sage Software, not Perdisco. Instructors should be aware that Sage 50 only works on Microsoft Windows and the possible implications this may have for some of their students before prescribing its use.

How to adopt

Adopting a Perdisco practice set is like adopting one from any other publisher. We'll help you select the best resource and send you and your teaching team free online and review copies. You can review our sets yourself, or we can guide you through a review and demonstration.

Our practice set titles have been designed so that they can be used together or independently. If you feel multiple titles may be suitable for the same cohort of students, then it is possible to use (say) the simplified practice set as an introductory learning activity and one of the full Sage 50 practice sets as a more rigorous assessment activity.

Contact us to start adopting, find out more or to order a review copy.