

Overview
What is Sage 50cloud Accounting?
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…
Perfect for all industries
Complications simplified
It serves as one tool and go to place …
Standard accounting software
Sage 50cloud Accounting - I like it, but it has its faults
Sage 50 is nifty!
Solid, but not spectacular, small business accounting
Stay Away From Sage
Great software!
Sage 50cloud Accounting Review
Sage 50 Premium Accounting a great deal
Sage 50 handles your small business accounting needs if you don't mind the PC resource usage.
Sage 50 is a great fit for SMBs.
Best Fit Sage 50 Accounting
Sage 50: Today's Smartest Accounting Software Solution
Awards
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Popular Features
- Bank reconciliation (22)9.090%
- Accounts payable (23)9.090%
- Accounts receivable (22)9.090%
- Cash management (22)9.090%
Reviewer Pros & Cons
Video Reviews
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Pricing
Sage 50 Pro Accounting
$299
Sage 50 Premium Accounting
$449
Sage 50 Quantum Accounting 3 User
Starting at $1,499
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 8.9Pay calculation(14) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 8.9Benefit plan administration(11) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 9Direct deposit files(11) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 8.9Salary revision and increment management(13) Ratings
Salary revision is the ability to modify individual employee pay.
- 8.9Reimbursement management(13) Ratings
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 9API for custom integration(8) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 9Plug-ins(9) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 9Single sign-on capability(17) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 9Role-based user permissions(17) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 8.9Dashboards(20) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 8.9Standard reports(21) Ratings
The software offers pre-built reports with metrics standard to the category.
- 8.8Custom reports(20) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 9Accounts payable(23) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 9Accounts receivable(22) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 9Cash management(22) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 9Bank reconciliation(22) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 9Expense management(22) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 9Time tracking(12) Ratings
The software can track billable and non-billable employee time by project.
- 9Fixed asset management(13) Ratings
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
- 8.9Multi-currency support(10) Ratings
The software supports transactions across multiple currencies.
- 8.9Multi-division support(10) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 9Regulations compliance(9) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 8.9Electronic tax filing(8) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 9Self-service portal(7) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 9Global Financial Support(4) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 7Primary and Secondary Ledgers(5) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 9Intercompany Accounting(6) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 7Localizations(5) Ratings
Meet reporting requirements with country-specific localizations
- 8.9Journals and Reconciliations(11) Ratings
Automate and synchronize ledgers and processes
- 9Enterprise Accounting(6) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 9Configurable Accounting(6) Ratings
Configure accounting rules and segments for each chart of accounts
- 7.4Centralized Rules Framework(4) Ratings
Integrate disparate ERP and transactional systems into single ERP instance
- 9Standardized Processes(9) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 8.9Inventory tracking(16) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 9Automatic reordering(10) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 9Location management(7) Ratings
The software can track multiple goods across multiple locations.
- 9Manufacturing module(8) Ratings
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Order Management
The ability to process orders, and track them from quote to cash.
- 8.9Pricing(14) Ratings
Users can set up complex and unique pricing requirements.
- 8.9Order entry(16) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 9Credit card processing(11) Ratings
The software facilitates credit card processing.
- 8.8Cost of goods sold(15) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 7.8Order Orchestration(5) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
- 7.4End-to-end order visibility(5) Ratings
Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics
- 7.8Order exception Resolution(5) Ratings
Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Sage 50cloud Accounting?
Sage 50cloud Accounting Features
- Supported: Get paid fast. Create quotes and sales orders, invoice customers and make sure they pay on time. Process credit cards to get paid even faster.
- Supported: Keep control of expenses. Record bills, write checks and keep track of credits and returns. Analyze vendors to negotiate the best prices and reduce costs.
- Supported: Be smart about managing money. Forecast cash needs now and into the future. Run ñwhat ifî scenarios and adjust cash in and cash out to cover upcoming expenses.
- Supported: Plan and track inventory. Keep track of on-hands, issue automatic POs when inventory drops, and track performance of products and services.
- Supported: Manage jobs and projects. Break large jobs into phases, tracks costs by the phase and cost code, and bill as the job progresses.
- Supported: Add more users and controls whenever your growing business is ready.
Sage 50cloud Accounting Integrations
- Spoom
- Deltek TrafficLIVE
- Projector PSA
- QuoteWerks
- Sage Payroll Solutions
- Sage Payment Solutions
- Sage Checks and Forms
- Sage Mobile Sales
Sage 50cloud Accounting Competitors
- Priority AccountEdge
- QuickBooks Pro
- QuickBooks Premium
- QuickBooks Enterprises
Sage 50cloud Accounting Technical Details
Deployment Types | On-premise |
---|---|
Operating Systems | Windows |
Mobile Application | Apple iOS |
Supported Countries | United States of America |
Supported Languages | English |
Frequently Asked Questions
Sage 50cloud Accounting Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 90% |
Mid-Size Companies (51-500 employees) | 10% |
Enterprises (more than 500 employees) | 0% |
Comparisons
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Reviews and Ratings
(147)Attribute Ratings
Reviews
(1-25 of 34)Using Sage50 Cloud in an SMNE
- Invoicing
- Reporting
- Forecasting
- More user ability to amend templates
- Clearer help on the more complicated tasks
- Differing levels of reports for users who are from non-accounting backgrounds
Perfect for all industries
- Updates JE fairly quickly
- Reporting tools work really well
- I can't think of anything, this product meets all our needs
Complications simplified
It serves as one tool and go to place for both time cards, expenses and access of both.
- One stop tool
- Less clicks and ease of access, website is user friendly
- Simplicity to review for accounting details, everything is available for the profile on a single page
- Dont see anything for now
Standard accounting software
- Simple and straightforward to use
- Common system so many people are already familiar with it
- Allows remote access
- Remote access can sometimes fall over
- Help desk has very long wait times
- Stock is not integrated automatically into p&l
- Easy invoice entry - with a few clicks you can enter an invoice for payment and then find it when it's time to pay.
- Easy reporting - finding financial reports is quick, easy, and accurate!
- Printing checks is simple - you can do a batch payment in a matter of minutes.
- Only checks can be received into Sage - credit card payments cannot be taken.
- Entering a credit from a vendor or customer can be cumbersome.
Sage 50 is nifty!
- Easy to navigation
- Easy to teach someone to use
- It has lots of different screens to navigate through to get the correct info put in.
- Maybe the cost for renewing license
- I honestly love using Sage 50cloud Accounting (formerly Sage 50 Accounting).
- I have used MAS90 in the past and have found that Sage 50cloud Accounting (formerly Sage 50 Accounting) is so much easier to use. I can quickly navigate to where I need to be for data entry and all other aspects of everyday business.
- I have found that if I want to delete a customer that I will no longer use, I can't do that because once I invoice that customer, they stay in my system. If I only invoice one time, I cannot delete it.
Solid, but not spectacular, small business accounting
- Accounts payable.
- Accounts receivable.
- Better job costing.
- Multiple dates for sales orders and purchase orders.
Stay Away From Sage
- It's a legacy system (we've been using it for 10 years now).
- Bad customer service.
- Buggy software. It's completely crashed 6 times in 6 months. We finally learned that it was because we were trying to use Dropbox. That was fine in the old, Sage legacy system we had, but when we 'upgraded' to 2020, it became highly unstable. We learned that it was unstable because Sage wants customers to use their cloud service and pay for what we have done for free for years (use dropbox to save our backups).
Great software!
- Sage 50 provides great month-end reporting.
- Easy to use interface.
- Great layout of program.
- Inventory Assemblies
- Reporting to include any data needed
Sage 50cloud Accounting Review
- The product support and help you can find online is amazing.
- Very simple and fast to navigate interface.
- When it is crashing it is hard to find the root cause as the logs lack useful information.
- More expensive than other products, making user more likely to stick with an older version of Sage.
Sage 50 Premium Accounting a great deal
- Easy way to enter the income from church giving.
- Very easy to manage and maintain all the expenses for the church and pay them and report on them.
- Their good Payroll system makes it easy to pay employees.
- It would be nice to be able to add departments and accounts without closing all the open windows. It's not a big deal, but sometimes when you are doing things it would be nice to keep a screen up.
Sage 50 handles your small business accounting needs if you don't mind the PC resource usage.
- 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.
- The software uses a server service in addition to the software itself. Both of these are quite demanding on a lower end workstation. Most of the time, when booting up the PC, the server service would not start and I would have to start it manually. I changed the laptops main hard drive for an SSD one and didn't get any problems since. Just don't expect that software to be light, it's quite demanding on the system.
- Not having an accounting background, I find myself often lost in the interface. I never know exactly where to input the information that I need to. To be fair, I would probably have the same problems with any accounting software.
Sage 50 is a great fit for SMBs.
- Manage general ledger accounts.
- Manage A/P.
- Provide in-depth reporting.
- Manage balances on multiple purchase orders within a company.
- Load time. The application itself is slow to load.
Best Fit Sage 50 Accounting
- Financial statements that address the needs of government contracting, insurance audits, management.
- Payroll interface with the online timesheet program simplifies payroll and gives me labor reports for billing and project reporting in an excel spreadsheet (from the Sage time sheet program).
- Clients need to pay by credit card. It's processed inside the Sage 50 program so there is only one function to do instead of doing it online and then in the accounting program.
- Large purchase orders can be done so that billing is a snap! It will remember your transactions so you can use it to create a new PO or have it remember a vendor and repeat the billing each month automatically.
- Want to have an online Sage 50 so I can access it online from any computer without having to log into my work computer. Or make it compatible with Apple OS so it can be used on that format.
- It's upgrade and service fees are expensive for a very small business.
Sage 50: Today's Smartest Accounting Software Solution
- Sage 50 is superior in the basic reporting suite. From the point and click general ledger and other accounting reports, transaction research and error correction and reviews a very easy.
- Sage 50 allows for customization on most reports, including Invoices, Customer Statements and Report Forms. The less expensive programs won't let you do much more than just add your logo.
- Detailed Inventory. You have to be a major enterprise to not be well suited by Sage50's inventory intelligence.
- Job Tracking. Super easy as adding a job code when desired, brings to like a full suite of job costing reports and analysis.
- Chart of Accounts segment masking. Multiple division, multiple departments, and so forth are built right in.
- 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.
Will this be a single user application? For a single user, micro-business, Sage 50 is priced out of their reach.
If multi-user, will remote access be necessary? Sage 50 is superior than most of its competitors on client server/hosted networks.
Do you do you own payroll? For companies that DO perform their own payroll, Sage 50 bubbles to the top of the list for in-house payroll programs.
Do your financial statements need material customizations? Sage 50 is well suited for modified report formats.
Great Product Easy to use
- Inventory control - plenty of information at your fingertips
- Sage payment Solutions - ease of integration with payment systems
- Reporting - Ease of getting crucial information quicky and efficiently
- The images take awhile to upload in the inventory.
- Never tried to run the Crystal Reports.
- Had a problem with Sage forms on initial order for checks took awhile.
Sage 50 Rules!
- Great job of integrating all modules.
- Tax reports are easy to produce with most of the info already input.
- Although Federal Payroll support is extra, I have never had any problems with accuracy. It's easy to run credit cards through the system.
- I want the ability to print out Payable Invoices.
- I would like cost analysis to be more integrated.
Happy and easy
- Being able to produce financial statements in both cash and accrual basis with ease.
- Ease of use.
- The ability to export reports and data to Excel and/or Adobe. Especially useful for some reports and being able to manipulate the data.
- The ability to have more than one company and can have more than one company open at a time.
- Small issues with reports. When we do an upgrade to the system sometimes we lose some of our custom reports and have to go out and find them. We eventually recover them. Also have a small issue with the headers on the reports sometimes.
- The ability to change a closed year if you have to go back and restate something.
Sage 50... A Powerhouse for small and midsize businesses
- It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
- I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
- You can use recurring entries and copy and paste on the P&L, using masking for department reporting and budgeting
- You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
- I would like them to add to Purchase ordering the "Single Click" feature in order to received a PO complete rather than line by line receiving
Sage 50 Bookkeeping
- It does not allow changes to prior period beginning balances. This is important when we receive information from clients. Thus when we make changes to tie to our prepared tax returns, the client is unable to make any change that will cause us additional work in future years.
- The reports are easy to read which should assist clients in managing their finances.
- I believe that training on the system should be provided as the system is sophisticated and not as user friendly as some other accounting software packages.
- There should be some additional flexibility in the reports to allow users to retrieve the information they need.
Sage 50 Review
- Year end / period end closing
- Account reconciliation
- Report presentation
- Ease of use for beginners
- Easy access to detail of transactions
- Wait times for certain functions
A good product for a growing company.
- Running reports
- Exporting reports
- Drilling down is simple
- Sometimes the screens are busy which can make it easy to get lost
- While the reports are great, you need to know where to look
- Some areas could be more intuitive.
GM Demands On-Demand Reporting
- Rapid access to current backlog and history information.
- A wide range of custom reports as well as downloading into Excel for additional analysis.
- Customer, sales, shipment data all tied directly with the financials.
- More customization as to levels of access to data.
- A bit more simplified custom report builder.
- It is flexible - Sage 50 allows the user to customize the setup and functionality to suit their purposes
- It is stable - I have been using Sage 50 for 20 years and have found in that time that it is built on a solid foundation and you can rely on it keeping your data intact.
- It has an audit trail - this means that Sage 50 is not only doing proper double sided accounting in the background, but that the history of every transaction you make remains in the system and it makes it MUCH easier to find what you are looking for down the road.
- It has built in safety features - as the software is used by non-accounting people, it protects the integrity of your data by preventing entries to improper accounts and dates, something that lead users of other software, including QuickBooks, to make bad decisions off of unreliable financial statements.
- It needs better functionality with regards to customer refunds and credit notes
- The price of the payroll subscription is too high
Small Service Based Business
- Payroll / Employee Time Sheets
- Tax Reporting
- Tracking Accounts Payable / Vendor Disbursements
- Tracking Accounts Receivable / Customer Payments
- Banking Reconciliation
- Budgeting
- Job Profitability
We have one administrator, but have the ability to install the program for other employees with limited access, so that as our business grows we can add other employees to handle some responsibilities.
- I like the automated guides to set up complex features of payroll formulas.
- The business intelligence reporting seems very comprehensive, so that one could really "crunch the data" and analyze different aspects of their business.
- Sage annually improves the performance and features of their program.
- Being a small business with small margin for profit, we have to be extremely careful with controlling expenses. Sage is quite expensive for a small business that may not need all the "bells and whistles" of their product.
- Even though we are a small business, I get regular notices that our use of Sage 50 is close to exceeding the "optimum data storage", and encourages upgrading to their much more expensive Quantum product. This is irritating and if the data storage is truly in danger (probably due to not making old accounts "inactive"), then Sage should increase the data storage for their Sage 50 product.
- I would like to see more learning programs listed for Sage University that are free and always accessible. After purchasing the Sage 50 Premium subscription for hundreds of dollars every year, the learning programs AND certification should be free.