Sage 50cloud Accounting

3.9
Overall rating
Reviews

3.9
Overall rating
Reviews

About Sage 50cloud Accounting

Sage 50cloud Accounting is an accounting software designed to cater to the needs of small and medium-sized businesses. It offers a suite of tools that streamline financial management, ensuring accuracy and efficiency in accounting processes.  One of the key features of Sage 50cloud Accounting is its inventory management capabilities, which allow businesses to track inventory levels, manage stock and monitor product performance. It provides real-time updates on inventory status, helping businesses maintain optimal stock levels and avoid overstocking or stockouts. Additionally, it supports multiple pricing levels and units of measure, which is particularly useful for businesses dealing with a wide range of products. Sage 50cloud Accounting excels in its financial reporting and analysis functionalities. The platform offers a variety of customizable reports that provide insights into the financial health of a business. Users can generate balance sheets, income statements, cash flow statements, and other critical financial reports with ease. The reporting tools are designed to help businesses make informed decisions based on accurate financial data. Additionally, the solution includes budgeting and forecasting features that enable businesses to plan for the future and track their financial performance against set goals. Sage 50cloud Accounting includes a payroll management system that streamlines the process of managing employee payroll, ensuring compliance with tax regulations and labor laws. It can handle various payroll tasks, including calculating wages, withholding taxes and generating paychecks. It supports direct deposit, which streamlines the payment process for both employers and employees. Additionally, its payroll system integrates with its accounting features, ensuring that payroll expenses are accurately reflected in financial records. Sage 50cloud Accounting offers accounts payable and accounts receivable functionalities. The accounts payable feature allows businesses to manage their vendor relationships effectively by tracking outstanding bills and scheduling payments. Users can set up recurring payments, take advantage of early payment discounts, and avoid late fees. The accounts receivable feature helps businesses manage customer invoices and track payments. Additionally, users can generate and send invoices, monitor overdue accounts and apply payments to specific invoices. Sage 50cloud Accounting includes a job costing feature, which is particularly beneficial for project-based businesses. It allows users to track costs associated with specific jobs or projects, including labor, materials, and overhead. By providing detailed cost breakdowns, it helps businesses ensure that projects stay within budget and remain profitable. Additionally, the job costing feature integrates with other accounting functions, providing a holistic view of project finances. Sage 50cloud Accounting is equipped with security features to protect sensitive financial data. The solution includes user access controls that allow administrators to assign specific permissions to different users, ensuring that only authorized personnel can access certain information. Additionally, it employs data encryption and regular backups to safeguard against data breaches and loss.
Sage 50cloud Accounting Software - Sage 50cloud Accounting business status
Sage 50cloud Accounting Software - Sage 50cloud Accounting bank feeds
Sage 50cloud Accounting Software - Sage 50cloud Accounting balance sheet
Sage 50cloud Accounting Software - Sage 50cloud Accounting cash flow manager
Sage 50cloud Accounting Software - Sage 50cloud Accounting bank reconciliation
Sage 50cloud Accounting Software - Sage 50cloud Accounting business status - thumbnail
Sage 50cloud Accounting Software - Sage 50cloud Accounting bank feeds - thumbnail
Sage 50cloud Accounting Software - Sage 50cloud Accounting balance sheet - thumbnail
Sage 50cloud Accounting Software - Sage 50cloud Accounting cash flow manager - thumbnail
Sage 50cloud Accounting Software - Sage 50cloud Accounting bank reconciliation - thumbnail

Sage 50cloud Accounting pricing

Sage 50cloud Accounting does not have a free version but does offer a free trial. Sage 50cloud Accounting paid version starts at US$61.92/month.

Starting Price:
US$61.92/month
Free Version:
No
Free trial:
Yes

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Sage 50cloud Accounting Reviews

Feature rating

Value for Money
3.5
Functionality
3.7
Ease of Use
3.8
Customer Support
3.5
5 reviews of 394 View all reviews
Jonathan
Jonathan
  • Industry: Information Technology & Services
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
4

5
Reviewed on 09/02/2024

Suberb Accounting Product for start ups/ SMEs

Excellent product, great support, available to use anywhere
Highly recommended if you are looking for a blend of desktop/ cloud accounting experience.

Pros

Ease of use
Intuitive
Great reporting suite
Integrates easily into other applications
Gives visibility into financial health and growth plans easily to allow us to focus on core business activities

Cons

Need add-on's for customer management
Need add-on's to get ready made dashboards and set kpi's

Sam
  • Industry: Construction
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

4
Reviewed on 16/04/2024

Great product for a small entity - but you will outgrow

Good product for an SME but will outgrow it.

Pros

Simple to use, flexible with ODBC connection possible.

Cons

Not actually cloud based, connection to server can be slow.

Alternatives Considered

Xero

Reasons for Switching to Sage 50cloud Accounting

Better to use up to Trial balance. Xero is ok day to day but not great for management accounts.

Response from Sage

Thank you for your feedback, Sam. We're glad Sage 50cloud Accounting meets your needs and appreciate your insights on its scalability. We're continually working to improve our solutions for growing businesses like yours. I would like to invite you to join our customer advocacy program to connect more on your experience. Plus, you can access exclusive events, content and unlock Sage rewards. Please use this link: https://en.sagechampions.com/join/Gartner to join! Thanks, Bethany McDermott, Sage Customer Marketing Manager - Reviews

Replied 08/08/2024
Chelcie
  • Industry: Construction
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
3
Features
4
Ease of Use
4
Customer Support
3

4
Reviewed on 03/10/2024

Sage50 Accounting

Sage was a fairly easy program to learn and for the most part efficient.

Pros

When I used Sage, I liked the line by line transaction flow.

Cons

I felt like the program, at times, could be quite outdated.

Response from Sage

Hi Chelcie, thank you for your feedback on Sage 50cloud Accounting. We're glad you found the transaction flow helpful and the program easy to learn. We appreciate your input on the outdated aspects and are continuously working on improvements. Your insights are valuable to us!

I would like to invite you to join our customer advocacy program to connect more on your experience. Plus, you can access exclusive events, content and unlock Sage rewards. Please use this link: https://na.sagechampions.com/join/Gartner to join!

Replied 11/10/2024
Anthony
  • Industry: Education Management
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Features
3
Ease of Use
3
Customer Support
3

3
Reviewed on 25/10/2024

Sage 50 Clius Accounting

It was good but nt amazing, lots of room for impovement to keep up with other accounts packages

Pros

The ease of accessing my data remotely made doing my day to day task simple and effective

Cons

The cost can get expensive when the team grows

Response from Sage

Thank you for your review, Anthony! We're glad to hear that Sage 50cloud Accounting's remote data access has made your daily tasks simpler and more effective. We appreciate your feedback on the cost and areas for improvement, and we're continuously working to enhance our product. Your insights on compatibility with your CRM system are valuable to us.

Thanks,

Bethany McDermott

Sage Customer Marketing Manager - Reviews

Replied 04/11/2024
Carl
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
1

5
Reviewed on 19/07/2024

Product Activation

Support and honesty is not their best asset. They are being dishonest and not honoring their perpetual licensing agreements.

Pros

Very good Accounting Software at the time of purchase, Not so any longer.

Cons

Peachtree has taken it upon themselves to deactivate perpetual licenses that I have purchased, meaning I have versions 2009, 2011, 2013, 2020 that I use for several different clients. I can no longer use these on my different computer or reactivate them on a new machine. They are trying to force me to upgrade to their cloud accounting system and I do not want my clients information on anyone's cloud. This is the primary reason I purchased Sage accounting to keep data on my own computers. Sage does not have the right to force me to keep my accounting records on a cloud not do they have the right to cancel my perpetual licenses. This action by Sage is nothing less than dishonest and is cheating the customers that the say they value. I have been using Peachtree accounting since their very first version in the early 1990s. now I have to find or write a software to fill my needs.

Response from Sage

Dear Carl,

We sincerely apologize for any inconvenience caused by the license activation issues. At Sage, we value our customers and their data privacy. We are committed to resolving your concerns and ensuring your data remains secure on your preferred platforms. Please reach out for assistance.

Best,
Bethany McDermott
Customer Marketing Manager at Sage

Replied 08/08/2024

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