Bookkeeping is a complicated task. Fortunately, technology now enables easier and smoother accounting management processes. Over the years, a variety of new software are continuously being developed to make it easier for companies to manage their books. A notable example is the Sage 50 (formerly known as Peachtree Complete Accounting).Recently, the development of these software has crossed over to the online platform with the cloud accounting software. They are considered by many to be more efficient in managing company finances and ensuring that data are valid and reliable. Additionally, they promote faster transactions and communication processing between involved parties.