Using Sage50 Cloud in an SMNE
Sage 50Cloud Accounting is used on a daily basis to manage our company's finances for accounting and payroll. The system is user friendly …
Starting at $299 per year
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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…
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- Bank reconciliation (22)9.090%
- Accounts payable (23)9.090%
- Accounts receivable (22)9.090%
- Cash management (22)9.090%
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Pricing
Sage 50 Pro Accounting
$299
On Premise
per year
Sage 50 Premium Accounting
$449
On Premise
per year
Sage 50 Quantum Accounting 3 User
Starting at $1,499
On Premise
per year
Entry-level set up fee?
- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
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- Tech Details
- FAQs
What is Sage 50cloud Accounting?
Sage 50cloud Accounting (formerly Sage 50 Accounting, and formerly Peachtree), is an accounting software designed for small businesses. Sage 50cloud Accounting includes expense management, payroll, reporting, invoicing, and sales optimization features. It also enables cloud backup and integration with Microsoft Office Premium. The product can also integrate with other Sage products, including Payroll and Payment Solutions. It is sold on an annual or monthly basis.
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 (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.
Priority AccountEdge are common alternatives for Sage 50cloud Accounting.
Reviewers rate Direct deposit files and API for custom integration and Single sign-on capability highest, with a score of 9.
The most common users of Sage 50cloud Accounting are from Small Businesses (1-50 employees).
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% |
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Reviews and Ratings
(147)Attribute Ratings
Reviews
(1-25 of 34)Companies can't remove reviews or game the system. Here's why
August 24, 2023
Using Sage50 Cloud in an SMNE
Sage 50Cloud Accounting is used on a daily basis to manage our company's finances for accounting and payroll. The system is user friendly and enables us to drive the business forward with having access to up to date and precise reports. Sage enables us to have a clear overview of the company's current financial state.
- 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
May 09, 2023
Perfect for all industries
Score 9 out of 10
Vetted Review
Verified User
We use Sage for all out JE's for our organization. It is the foundation of our accounting and impacts every aspect of our business. It's critical to maintain integrity in our accounting and finance departments so we rely on it. It meets our every need from building out our chart of accounts to booking entries.
- Updates JE fairly quickly
- Reporting tools work really well
- I can't think of anything, this product meets all our needs
May 03, 2021
Complications simplified
We use it for all accounting purposes. To record our time-keeping and submitting expense reports.
It serves as one tool and go to place for both time cards, expenses and access of both.
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
May 01, 2021
Standard accounting software
We use sage 50 in our smaller or less complicated business. It addresses the need for a simple, well known system that we can implement quickly.
- 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
Sage 50 Accounting is being used by our entire accounting team consisting of AP, AR, and our outside accountants. We have a total of 5 users. We use it for a variety of tasks such as payables, receivables and general audits.
- 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.
March 03, 2020
Sage 50 is nifty!
My office uses Sage 50cloud Accounting (formerly Sage 50 Accounting) every day for our business and invoicing needs. We do our A/P, A/R, Banking, and all other business need using Sage 50cloud Accounting (formerly Sage 50 Accounting).
- 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).
February 26, 2020
Solid, but not spectacular, small business accounting
We are a small manufacturer and utilize Sage 50 across the organization for all accounting functions. AP, AR. GL, Inventory, etc. Sage 50 when properly implemented allows us to track costs, keep track of receivables and payables, employee records, and job cost. We do not utilize the cloud function as our database is too large.
- Accounts payable.
- Accounts receivable.
- Better job costing.
- Multiple dates for sales orders and purchase orders.
February 22, 2020
Stay Away From Sage
We initially picked Sage (back in 2011) to help us track inventory-level COGs. As a manufacturer, it's necessary to match revenues and expenses, and using the manufacturing edition is the way to go. It's used across the whole organization.
- 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).
I would strongly recommend anything else but Sage. It's been the most awful experience ever.
January 28, 2020
Great software!
We use Sage 50 throughout our company in the U.S. We use it for general accounting purposes as well as reporting. We do not utilize the payroll function because we use an outside firm for payroll. Sage 50 is user-friendly and easy to train new employees on using it.
- Sage 50 provides great month-end reporting.
- Easy to use interface.
- Great layout of program.
- Inventory Assemblies
- Reporting to include any data needed
January 22, 2020
Sage 50cloud Accounting Review
We support many small and medium sized businesses that use Sage 50cloud Accounting, from older versions to the latest release. It is a complete accounting solution that makes it easy for businesses to manage their cash flows, to invoice and record their sales.
- 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.
April 25, 2019
Sage 50 Premium Accounting a great deal
Sage 50 is used by our entire church to take care of all the needs of the church. This includes entering all expenses and income, and also to produce payroll. This allows us to have a system in place to monitor our income and expenses and be able to report to the CRA and also to our church members how we are doing as a church financially.
- 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.
April 24, 2019
Sage 50 handles your small business accounting needs if you don't mind the PC resource usage.
We use Sage 50 Accounting for our day to day accounting. We have a small consulting firm and not a whole lot of accounting needs. Sage allows us to track invoices and bills and consolidate the accounting with the bank statement. The use of Sage allows us fairly straight forward logging of the information that our external accountants need. Twice a year, we send them our Sage 50 Accounting info for review.
- 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.
December 19, 2017
Sage 50 is a great fit for SMBs.
We use Sage Accounting for managing all of our needs for the company. We manage our A/R and A/P, write checks and calculate our payroll. We do not use it for credit card payments or direct deposits. It has been a very good fit for our company for quite some time.
- 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.
August 04, 2017
Best Fit Sage 50 Accounting
It is an accountant's type of accounting program. It helps me with financial reporting, payroll, billing, payables, credit card processing, etc. It makes it much easier to take care of our clients.
- 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.
March 16, 2016
Sage 50: Today's Smartest Accounting Software Solution
Score 9 out of 10
Vetted Review
Verified User
I use Sage 50 for the accounting and finance departments in the companies I support. Sage works very well on a terminal server style hosted setup, the way most company's IT is structured these days. With several user access and a good security system to control who can see and edit which modules, it works well with a company with various departments. Sage 50, like many other accounting software, is necessary to properly and accurately document business activity. Sage 50 has a reporting program and business intelligence module that can handle every flavor or report needed for business activities from the small, mid-sized to even a fairly large entity.
- 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.
August 19, 2015
Great Product Easy to use
Score 9 out of 10
Vetted Review
Verified User
Sage 50 is utilized at G & E to maximize efficiency for our raw inventory into manufactured parts. The built in Sage payment solutions are a seamless way to receive money from our daily transactions and web based transactions.
- 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.
August 19, 2015
Sage 50 Rules!
All accounting functions including payroll are processed through Sage 50.
- 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.
August 19, 2015
Happy and easy
We currently use the product for our accounts payable and company financial statements. We currently use parts of some of the other functions such as maintaining employee info in the payroll sections. It is used by only a few people that require they use it to complete their jobs. It is extremely easy to use and we have been very happy with it since installed.
- 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.
August 19, 2015
Sage 50... A Powerhouse for small and midsize businesses
Score 10 out of 10
Vetted Review
Verified User
It is being used for Finance, Day to Day operation, Projects, Specialized Reporting and Departmentalized Budgeting. It is being used by the Finance department that reviews the company on a whole. It allows the company to have real-time visibility of the company and how it is performing as well as monitor each department
- 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
August 19, 2015
Sage 50 Bookkeeping
Score 8 out of 10
Vetted Review
Verified User
Sage 50 is being used mostly by the bookkeepers in the accounting firm with managers and supervisors using the product to make adjustments for tax return preparation.
- 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.
May 21, 2015
Sage 50 Review
Several of our clients use Sage 50 Accounting; we use it to access their accounting records and print various reports we need in order to prepare income tax returns and provide consulting services.
- 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
May 21, 2015
A good product for a growing company.
Score 6 out of 10
Vetted Review
Verified User
We use Sage 50 Accounting for several clients and have great success. It is great for running custom reports that are more easily adjusted than QuickBooks and other accounting packages. There is more of a learning curve, but still not difficult. It is definitely worth the minimal training involved to become competent with the package. It is also easy to export reports in any format that you might need which comes in handy as the outside auditors. If a client is willing to put in slightly more time to learn the product, I would recommend it over Quickbooks.
- 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.
May 05, 2015
GM Demands On-Demand Reporting
Score 9 out of 10
Vetted Review
Verified User
As the General Manager for Drake Industries it is critical for me to have an on-demand snapshot of our business. We are a fast-paced, high turns, durable custom products printer with hundreds of jobs running through our production floor each month. To manage this, I need on-demand access to sales data, customer history, shipments, WIP, aged backlog, product history, etc. The benefit of Sage 50 is that I have all this tied in with our financial reporting which enables me to have a snapshot of the business whenever I need it. But the real benefit is that it’s user friendly, quick and easy to use.
- 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.
As the owner of a bookkeeping and accounting firm, I recommend Sage 50 to all of my clients and am a Bronze Certified Sage 50 Consultant. We install, implement, train and support Sage 50 exclusively for small business clients. I have looked at many other accounting software packages in the past, including Quickbooks and continue to do so. This remains the only one that I truly trust completely. It is also the software we use in house.
- 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
April 03, 2015
Small Service Based Business
Our small business uses Sage 50 Premium Accounting to process all accounting and finance reporting:
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.
- 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.