Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$61.92
per month per user
TallyPrime
Score 8.0 out of 10
N/A
TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
Sage 50
TallyPrime
Editions & Modules
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
Sage 50
TallyPrime
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Annual billing plans also available for all products.
Users can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
Sage 50
TallyPrime
Features
Sage 50
TallyPrime
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50
8.6
19 Ratings
13% above category average
TallyPrime
9.6
1 Ratings
24% above category average
Pay calculation
9.018 Ratings
10.01 Ratings
Benefit plan administration
8.013 Ratings
9.01 Ratings
Direct deposit files
10.014 Ratings
9.01 Ratings
Salary revision and increment management
8.014 Ratings
10.01 Ratings
Reimbursement management
8.014 Ratings
10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 50
7.9
14 Ratings
2% above category average
TallyPrime
10.0
1 Ratings
26% above category average
API for custom integration
8.411 Ratings
10.01 Ratings
Plug-ins
7.313 Ratings
10.01 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50
8.1
29 Ratings
1% below category average
TallyPrime
10.0
1 Ratings
20% above category average
Single sign-on capability
7.524 Ratings
10.01 Ratings
Role-based user permissions
8.726 Ratings
10.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 50
8.7
32 Ratings
10% above category average
TallyPrime
10.0
1 Ratings
24% above category average
Dashboards
8.830 Ratings
10.01 Ratings
Standard reports
9.232 Ratings
10.01 Ratings
Custom reports
8.131 Ratings
10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50
7.6
35 Ratings
0% below category average
TallyPrime
8.9
1 Ratings
15% above category average
Accounts payable
9.234 Ratings
9.01 Ratings
Accounts receivable
9.033 Ratings
10.01 Ratings
Cash management
8.233 Ratings
10.01 Ratings
Bank reconciliation
8.933 Ratings
8.01 Ratings
Expense management
8.531 Ratings
10.01 Ratings
Time tracking
7.015 Ratings
7.01 Ratings
Fixed asset management
7.022 Ratings
9.01 Ratings
Multi-currency support
4.112 Ratings
8.01 Ratings
Multi-division support
6.616 Ratings
9.01 Ratings
Regulations compliance
7.015 Ratings
7.01 Ratings
Electronic tax filing
8.818 Ratings
8.01 Ratings
Self-service portal
6.813 Ratings
9.01 Ratings
Global Financial Support
5.56 Ratings
10.01 Ratings
Primary and Secondary Ledgers
7.19 Ratings
10.01 Ratings
Intercompany Accounting
7.710 Ratings
7.01 Ratings
Localizations
8.08 Ratings
9.01 Ratings
Journals and Reconciliations
8.922 Ratings
10.01 Ratings
Enterprise Accounting
8.09 Ratings
10.01 Ratings
Configurable Accounting
8.311 Ratings
00 Ratings
Centralized Rules Framework
7.27 Ratings
00 Ratings
Standardized Processes
8.016 Ratings
10.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50
8.5
21 Ratings
12% above category average
TallyPrime
10.0
1 Ratings
28% above category average
Inventory tracking
8.221 Ratings
10.01 Ratings
Automatic reordering
8.012 Ratings
00 Ratings
Location management
8.410 Ratings
10.01 Ratings
Manufacturing module
9.09 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 50 Accounts is well-suited for small to medium-sized enterprises, where there is a moderate number of expenses and invoices that need processing, typically by a company with a smaller finance team. Sage 50 is probably less suitable for a large organisation that needs to handle a higher volume of transactions and manage significant stock levels.
When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
We can build "templates" for recurrent charges/invoices. This saves some time and also ensures that we always use the right accounting rubric.
A lot of additional information can be filled out such as client information (name, address, ...) which makes the software a little more complete.
If you don't need an updated version every year (my case) then the software is not too expensive. The pro version that I'm using was just a little over $300.
I really like the banking statement consolidation which allows you to ensure you got the right information registered.
Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
Fixed assets management module needs to be included with unlimited number of fixed assets.
TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
We implemented Sage 50 Premium Accounting in house, not using any third party or professional service. It was a relatively trouble free process, but can be tricky. Just read all instructions carefully, especially if you need to load the program on a network with more than one user
As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.