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Sage Accounting

Score7.4 out of 10

228 Reviews and Ratings

What is Sage Accounting?

Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.

Categories & Use Cases

Media

Screenshot of the All-in-One Dashboard
Screenshot of the Accounting Dashboard
Screenshot of an Invoicing Quote Estimate
Screenshot of the Purchases Tracker
Screenshot of Stock Inventory
Screenshot of a VAT Returns List

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Screenshot of the All-in-One Dashboard

Top Performing Features

  • Pay calculation

    Pay calculation provides for computation of employee pay with state and federal deductions.

    Category average: 8.3

  • Multi-currency support

    The software supports transactions across multiple currencies.

    Category average: 7.6

  • Self-service portal

    The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

    Category average: 7.5

Areas for Improvement

  • Inventory tracking

    The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

    Category average: 7.5

  • Time tracking

    The software can track billable and non-billable employee time by project.

    Category average: 7.1

  • Location management

    The software can track multiple goods across multiple locations.

    Category average: 8

A trusted solution that really supports us and helps us grow our charity

Use Cases and Deployment Scope

Sage manages all aspects of our accounting and reporting - we really appreciate how easy it is to use for all our users and for our different divisions.
We also appreciate the support and guidance we receive from Sage when we want to do something extra and Sage has the flexibility to cope with that too.
Sage provides

Pros

  • Easy integration with other systems save us so much time and increases accuracy
  • Great drill down features
  • Making amendments to the system is very simple

Cons

  • The reporting functionality is improving all the time but it would be good if the format and headings could be changed
  • A simpler way to amend the chart of accounts to suit our charity - we are not registered for VAT
  • The system tries to match banking transactions to our debtors ledger but seems to match on amount rather than debtor and then amount which means we have to avoid accepting transactions where the amount matches but it is the wrong customer.

Return on Investment

  • Using Sage accounting we have great, accurate and timely information the management have complete confidence in which has enabled us to grow our charity by over 50% in the last three years
  • Very user friendly system and easy to train our team on Sage Accounting
  • Confident to use the reporting system in Sage for our management

Usability

Alternatives Considered

QuickBooks Desktop Enterprise

Fully functional and easy to use

Use Cases and Deployment Scope

We use Sage Accounting to manage all income and expenditure across the business. We also use the integration with Sage Payroll to manage all employees. The easy linking with bank accounts and credit cards and the import of bills through email really speed up the process of tracking payments and reconciling accounts.

Pros

  • Links with bank accounts and credit cards to automatically import transactions without needing to upload statements
  • Process bills via email - just set up a rule to forward all invoice emails to Sage Accounting and they are there for you to check and import
  • Easy integration with Sage Payroll to manage salary payments together with payments to HMRC (HM Revenue and Customs) and pension provider.
  • Easy VAT calculations and submission to HMRC

Cons

  • Recurring invoices could be easier to customise to include placeholders that are replaced with name of the month

Return on Investment

  • Low monthly costs for a product that integrates all main accounting functionality together with payroll handling
  • Such a time saver for VAT calculations and submissions
  • Great for running reports at any time of the year to look at how the company is doing

Usability

Alternatives Considered

QuickBooks Online

Other Software Used

Microsoft 365

Sage for small business is a big win

Use Cases and Deployment Scope

I love the Sage Accounting software because it makes it nice and easy to keep track of money coming in and going out of my business. I no longer have to rely on my memory and complicated spreadsheets to manage my business finances which is fantastic. It takes a lot of guesswork and uncertainty out of the equation for running my business

Pros

  • Ease of use
  • Keeps finances organized
  • Keeps reports organized

Cons

  • Email reminders prior to billing
  • I can't think of anything else
  • No other issues I can think of

Return on Investment

  • Positive: makes it easier come tax season for funds that came into the business
  • Positive: easier to see where money is coming from year-round
  • Positive: easy to see where money is going to year-round

Usability

Other Software Used

Stripe Invoicing, Stripe Payments

Usage review.

Use Cases and Deployment Scope

I am using Sage to watch my numbers. I am not the one directly entering the information, but I needed a way to view my financials. My bookkeeping is done off-site, and it was difficult to monitor what was happening from the reports alone. I can now also monitor my payables and receivables more effectively.

Pros

  • Providing reports.
  • Ease of finding transactions.
  • Navigating the system is simple once your concept is understood.

Cons

  • In some of the reports, I have to change the 999 at the bottom to 0 to access the current information. This could be a setting that, once changed, is set until changed again.
  • Being able to access previous years further than 2 years in reports.

Return on Investment

  • I have been able to understand my numbers better by increasing my revenue by over 15%.
  • Payables have been managed better.

Usability

Alternatives Considered

QuickBooks Online

Sage Accounting has helped me streamline my business

Use Cases and Deployment Scope

I use Sage Accounting for creating invoices, sending estimates and keeping track of A/R. Clients use to have problems paying invoices but now credit card payments are a breeze thank to Sage Accounting and Stripe.

Pros

  • Sage Accounting makes it easy to pay my invoices with an automated QR code that opens a payment portal.
  • Sage Accounting automatically shows my bank account balance and that's pretty neat.
  • Sage Accounting has excellent security with 2 factor authentication and I trust my money is kept safe.

Cons

  • I should be able to print estimates and invoices immediately without having to email and print to a PDF file first.
  • When Sage Accounting offers trials they should last until I get to use them a few times. I used the payroll trial and it expired before I had a chance to use it as I'm very busy running my company.

Return on Investment

  • I spend a lot less time sending out batches of overdue emails and I like how it show exactly how often and when I sent the last invoice.
  • Being able to set up a new customer and send an estate in 5 minutes us a bug selling point.
  • I wish there was more options to download and view my data.

Usability

Alternatives Considered

QuickBooks Desktop Enterprise

Other Software Used

CorelDRAW Graphics Suite, Adobe Illustrator CC, Email to PDF for Outlook