Sage 50cloud Accounting Reviews

116 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 7.6 out of 100

Do you work for this company? Learn how we help vendors

Overall Rating

Reviewer's Company Size

Last Updated

By Topic

Industry

Department

Experience

Job Type

Role

Filtered By:

Reviews (1-25 of 32)

Companies can't remove reviews or game the system. Here's why.
May 02, 2021
Priya Sadasivam | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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
Read Priya Sadasivam's full review
May 01, 2021
Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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
Read this authenticated review
January 22, 2020
Adrian Takacs | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Adrian Takacs's full review
May 08, 2020
Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read this authenticated review
March 03, 2020
Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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).
Read this authenticated review
February 22, 2020
Anonymous | TrustRadius Reviewer
Score 1 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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).
Read this authenticated review
January 28, 2020
Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Sage 50 provides great month-end reporting.
  • Easy to use interface.
  • Great layout of program.
  • Inventory Assemblies
  • Reporting to include any data needed
Read this authenticated review
December 19, 2017
Jay Barwick | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Jay Barwick's full review
March 16, 2016
Reno M. Borgognoni, CPA, CIA, CGMA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Reno M. Borgognoni, CPA, CIA, CGMA's full review
April 24, 2019
Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read this authenticated review
April 25, 2019
Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read this authenticated review
August 19, 2015
Michelle M. Martin | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Michelle M. Martin's full review
August 19, 2015
Karen Rollins | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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
Read Karen Rollins's full review
August 19, 2015
jeffrey burgess | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read jeffrey burgess's full review
April 03, 2015
Emily Dykema | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Emily Dykema's full review
May 05, 2015
Clay Boykin | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Clay Boykin's full review
August 19, 2015
Marsha Kimball | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Marsha Kimball's full review
April 08, 2015
Leanne Borden, CPB | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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
Read Leanne Borden, CPB's full review
December 09, 2014
Nellie Jones (MBA) | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Sage 50 has added the business Intelligence reporting tool that allows us to pull mass data and manipulate it in the system. This helps alleviate the dependency that we originally had using excel. The old version did not really allow to pull mass data without it crashing and this is a great improvement.
  • Sage50 is designed for the Non-accountant who does not have an in depth experience in Accounting. It can be used by many small businesses and does not require extensive time and knowledge to set up. The wizards are phenomenal and the user does not really need a full knowledge of Accounting to operate. It is efficient and super easy to navigate. The initial operations of Sage requires little time to set up and the ongoing maintenance is minimal.
  • Sage 50's design helps eliminate the time it takes to correct Accounting errors. You can set it up to have either maximum or minimum controls which is helpful to manage your day to day business. It does not take several iterations and steps to correct a minor error that you make - as you do in other systems.
  • The out of the box reports are not appealing and take a bit to clean up during the end of the month. The set up of the reports can be quite tedious and not very intuitive. They need to do a better job of adding the drop and drag tool in a more visible way so that it is easy for the end user.
  • Sage needs to add the ability for the users (in a controlled environment) to manipulate the look and feel of the input screens. It gives you minimal options to add fields to certain areas.
  • The help feature does not have the "google" type of intelligence that allows you to search on phrases. If it is not exact, it does not do a very good job of filtering through items that you really don not need. I have used more of the internet searches to figure out my problem because it wasn't easy to pull up the help option in Sage.
Read Nellie Jones (MBA)'s full review
February 25, 2015
Art Stumpp | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Sage 50 is a very sound accounting software package. One can create levels of security for individuals in an organization. One can retrieve prior year files in the software. Sage 50 actually closes out the income and expenses at the end of the year. One can not make changes to a prior accounting period in the current accounting period.
  • Sage 50 has a very strong reporting function. It can produce monthly, quarterly, and annual financial reports, such as the balance sheet, the income statement, and the cash flow statement. It can produce comparison financial statements comparing two different time periods, for example two months, two quarters, and two years. One can create custom reports from Sage 50 information using Excel and Crystal Reports.
  • Sage 50 allows an organization to customize the information that it collects from their customers, vendors, and employees. One can create an Accounts Receivable invoice or an Accounts Payable invoice to use 90% of the time. One can also alter the A/R and/or A/P invoice for a specific customer or vendor when it is required. The employee information can be customized in a similar way. One can keep track of employee's birthdays.
  • Sage 50 has a strong inventory reporting system. Inventory is an important area for a business. Once the inventory is setup properly, one can get several useful inventory reports.
  • Sage 50 should emphasize that a business or organization should find a local Sage 50 expert that they like. Sage 50 is very powerful accounting software. It can be hard to set up when one looks at all the common areas for the business or organization. These areas are the chart of accounts, customers, vendors, employees, jobs and/or services, banking, and reports. One should engage an expert to get the most out of Sage 50 for their business or organization.
  • Users that are not accountants tend to have a hard time navigating in the Sage 50 software. Sage 50 training should improve.
  • The job costing feature is too complicated in Sage 50. Between raw materials, work in process, finished goods, job phases, and actual and estimated income and expenses, it is easy to get confused.
  • When one opens up Sage 50 the home page can easily become cluttered and imposing. Of course, one can customize it to see what they consider important. I think very few Sage 50 users are aware that the home page can be customized.
Read Art Stumpp's full review
November 18, 2014
Chris Steele | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Sage 50 has a pretty good inventory management capabilities, providing multi-level BOMs, revision tracking and multiple costing methods, including specific unit costing with serial number tracking.
  • Sage 50 has a robust financial statements report writer and now includes Sage "Business Intelligence", which is an excel-based custom dashboard/report writer as well. Sage 50 also includes very customizable forms and checks
  • Sage 50 is easy to use and intuitive for those who are familiar with "debits and credits", journals and sub-ledgers (i.e., "old-fashioned" accounting!). The day-to-day work flow is easy to follow and the month-end work (like bank reconciliations and "closing" a month) are simple. Security features are appropriate for the typical users.
  • Multi-segment accounts in chart of accounts allow great flexibility in departmental or profit center reporting, plus can consolidate multiple companies.
  • Sage 50's main weaknesses come when comparing features to QuickBooks (which I also consult on). Sage 50 does not have the concept of Undeposited Funds, which is a great feature in QuickBooks, and missed by many when they go from QB to Sage 50. Sage 50 added "Select for Deposit", but it does not go far enough.
  • Another missing feature is the ability for an accountant to take an "Accountants Copy" (like in QuickBooks), make changes, give that copy back to the client and have those changes integrate back into the client's Sage without overwriting work done by the client.
  • A very unfortunate "feature" is that Sage no longer supports any version other than the most current year. That is rather draconian and very negatively affects users who have added services such as credit card payments or payroll. Those added services will cease to work if the user does not renew each year.
  • Some consider the multi-segment accounts mentioned prior to be a detriment - again comparing it to the use of Classes in QuickBooks, which are easier, but not necessarily as robust.
Read Chris Steele's full review
June 07, 2014
Victor Sila | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Review Source

Pros and Cons

  • You may retrieve any previous posting and especially recurring transactions after you have stored once.
  • You can set up the recurring transactions based on frequency, weekly, monthly or annually.
  • Use of manager center is a precious tool
  • I have used Quickbooks and it has the Undeposited funds account, which does not exist at Sage 50, I created an account for this purpose and yes, i named it "Undeposited Funds" used for cheques received and undeposited.
  • The reason we need the account is because when it flows through the bank account, it shows as one entry, the exact opposite side of the bank statement entry.
  • In Quickbooks there exists the feature of creating a copy of previous transaction, which may be a one time transaction and you may not want to store it, probably Sage 50 can add such a feature.
Read Victor Sila's full review
August 04, 2017
Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read this authenticated review

Feature Scorecard Summary

Pay calculation (12)
7.1
Benefit plan administration (9)
7.1
Direct deposit files (9)
5.1
Salary revision and increment management (11)
5.6
Reimbursement management (11)
5.1
API for custom integration (7)
9.5
Plug-ins (8)
5.0
Single sign-on capability (16)
8.8
Role-based user permissions (16)
8.9
Dashboards (18)
8.3
Standard reports (19)
8.2
Custom reports (18)
6.7
Accounts payable (21)
8.8
Accounts receivable (20)
8.6
Cash management (20)
8.8
Bank reconciliation (20)
8.5
Expense management (20)
8.3
Time tracking (11)
6.7
Fixed asset management (12)
8.0
Multi-currency support (8)
4.8
Multi-division support (9)
5.9
Regulations compliance (8)
7.2
Electronic tax filing (6)
6.2
Self-service portal (6)
3.1
Global Financial Support (3)
3.1
Primary and Secondary Ledgers (3)
4.2
Intercompany Accounting (4)
7.0
Localizations (3)
7.4
Journals and Reconciliations (9)
8.3
Enterprise Accounting (4)
7.2
Configurable Accounting (4)
8.1
Centralized Rules Framework (2)
7.5
Standardized Processes (7)
8.9
Inventory tracking (14)
7.1
Automatic reordering (8)
6.9
Location management (5)
6.9
Manufacturing module (6)
5.1
Pricing (12)
6.8
Order entry (14)
8.0
Credit card processing (9)
8.0
Cost of goods sold (13)
6.8
Order Orchestration (3)
3.6
End-to-end order visibility (3)
3.6
Order exception Resolution (3)
3.6

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.
Categories:  Accounting

Sage 50cloud Accounting Features

Has featureGet paid fast. Create quotes and sales orders, invoice customers and make sure they pay on time. Process credit cards to get paid even faster.
Has featureKeep control of expenses. Record bills, write checks and keep track of credits and returns. Analyze vendors to negotiate the best prices and reduce costs.
Has featureBe 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.
Has featurePlan and track inventory. Keep track of on-hands, issue automatic POs when inventory drops, and track performance of products and services.
Has featureManage jobs and projects. Break large jobs into phases, tracks costs by the phase and cost code, and bill as the job progresses.
Has featureAdd more users and controls whenever your growing business is ready.

Sage 50cloud Accounting Video

Sage 50cloud Accounting Integrations

Spoom (formerly Analyza), 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 Pricing

  • Has featureFree Trial Available?Yes
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?No
EditionPricing DetailsTerms
Sage 50 Pro Accounting$299Per year
Sage 50 Premium Accounting$449Per Year
Sage 50 Quantum Accounting 3 UserStarting at $1,499Per year

Annual traditional plan with license, monthly, and annual subscription plans available.

Sage 50cloud Accounting Customer Size Distribution

Consumers
0%
Small Businesses (1-50 employees)
90%
Mid-Size Companies (51-500 employees)
10%
Enterprises (> 500 employees)
0%

Sage 50cloud Accounting Support Options

 Free VersionPaid Version
Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase

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

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 dashboards and in-depth reports.

What is Sage 50cloud Accounting's best feature?

Reviewers rate API for custom integration highest, with a score of 9.5.

Who uses Sage 50cloud Accounting?

The most common users of Sage 50cloud Accounting are from Small Businesses and the Accounting industry.