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Sage Accounting

Score7.5 out of 10

282 Reviews and Ratings

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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.

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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

Sage Accounting Key Features

Learn about the best (and worst!) features Sage Accounting has to offer, as determined by TrustRadius' reviewers.
Based on 282 ratings of Sage Accounting's features
View all Sage Accounting features

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: 7.5

  • 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: 7.4

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: 7.4

  • 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

Who Buys & Uses Sage Accounting

Sage Accounting Reviews

What users are saying about Sage Accounting.
View all Sage Accounting reviews

Pros

  • Comprehensive financial reporting and customizable statements
  • User-friendly interface and navigation for daily accounting tasks
  • Efficient creation, sending, and tracking of client invoices

Cons

  • Frequent bank connectivity issues, particularly with reconciliation
  • Inflexible and poorly formatted reporting with limited customization options
  • Slow system performance and occasional software crashes

SAGE Accounting 50 is a older application that does the job but too old for todays environment.

Incentivized
Seb Goulet
CEO in Corporate at CardLogix (11-50 employees employees)

Use Cases and Deployment Scope

We use Sage 50 as our main accounting and manufacturing system. The system is based on PeachTree, and the interface is very old and neither efficient nor well-designed. The version that we have is a server solution instead of a web-based application. It is very manual-intensive and requires a person to know the system very well to be proficient with the application. A new version is desperately needed to help users complete their tasks more efficiently and eliminate potential errors.

Pros

  • Reporting. It does provide good reporting.
  • Managing users is fairly easy.
  • All of the important fields are included. But since it is an older system, it is not configured to be very flexible.

Cons

  • Make it customizable and flexible with all of the fields available within the database.
  • In the quoting phase, you should be able to include the vendor's quote to manage the margins, and when the order is placed, the PO could also be placed (to be also drop-shipped) or shipped to the business address.
  • Be able to link to other CRM systems (like Salesforce) or WooCommerce to capture web sales automatically or even to have an Authorize.net capability (payment system).
  • Be able to change addresses easily for multiple customer facility addresses.
  • Be able to create OPEN PO's so you could have multiple delivery dates.
  • Reminders to order parts when you reach your Min/Max.
  • Ability to have multiple vendors with different quotes / prices available.
  • Ability to link SAGE 50 to vendor or customer ERP systems.
  • Make the process to create quotes to sales orders to invoicing easier and faster.

Return on Investment

  • We used Peachtree Desktop (perpetual) until it was discontinued, which forced us to switch to Sage 50.
  • The license agreement (yearly) is very costly for an older system, but I guess I don't have a choice.
  • I don't believe there is any ROI to this system, but it was the most cost-effective system to migrate to since PeachTree wasn't supported and was having issues.

Usability

Alternatives Considered

Microsoft Dynamics 365

Other Software Used

Microsoft 365 Business Premium, Salesforce Agentforce Commerce

SAGE 50 is still my preferred accounting software

Incentivized
Dawn Goerlitz
Partner in Finance and Accounting at Consider It Done Bookkeeping Ltd (1-10 employees employees)

Use Cases and Deployment Scope

We use various accounting softwares in our organization and I am the most comfortable and satisfied with SAGE50. It addresses all of our various business needs for all clients who we use this product for whether it is for payroll or simply just a sole prop. The bank balancing feature is quite efficient as well as the payroll tax filing feature. I do not use all of the features, personally. I feel as though a lot of them are overkill and unnecessary and would take longer to use than manual entries for a lot of things, but there are some I have tried, like the automated bank rec feature, that, although it took a bit to get used to, it seemed functional. I have only used it for one or two clients. I have not really felt the need to start using it for any more clients as the setup does take a bit longer and this is not something the client necessarily wants us to spend time on which equals money out of their pockets. Overall, still my go-to accounting software.

Pros

  • Bank reconciliations are functional and easy to use
  • The payroll tax remittance feature works well and is convenient
  • There are many options for reports which is good for simple or complex clients

Cons

  • Updates typically don't seem to be needed so much and changing the format is also hard to get used to and time consuming when the product was already functional
  • When doing a payroll cheque run, it is quite frustrating that it makes you start over just because you change the date. This should not happen and if you don't notice until you are done, it is a waste of time to have to start over when all you needed to do was change the date(s)
  • If there is a semi-monthly non standard payroll, the system automatically changes the dates to what it thinks it should be creating the same issue as the point just prior to this.
  • Not being able to assign a project to vacation pay. We have a client who needs that and so we had to create a separate line item to move the amount off the cheque to be able to assign a project. A bit of a time-waster.
  • It would be nice if we could enter a net amount for payroll and have the system back out the taxes, accordingly, like you can with Quickbooks Desktop.

Return on Investment

  • I think it has been good for our business objectives, overall.
  • The cost of the program is quite high and it is sometimes difficult to pass this cost on to the client.
  • I think our team has grown, especially the ones who were not as familiar with the software and/or found it hard to navigate.

Usability

Alternatives Considered

QuickBooks Desktop Premier

Other Software Used

QuickBooks Desktop Premier, QuickBooks Online

Sage Accounting

Incentivized
Francis Rodamaker
Accounting Manager in Finance and Accounting at PRECISION POWDERED METAL PARTS, INC. (51-200 employees employees)

Use Cases and Deployment Scope

I work for a manufacturing company that produces metal parts based on customer prints, and Sage Accounting is essential to our daily operations. I use the software to enter customer orders, manage billing, and process payments. It also allows me to efficiently handle vendor bills and payments while keeping our banking reconciled. Additionally, the platform offers a wide variety of reports that we utilize frequently to keep our finances in order.

Pros

  • Reports
  • Invoice search.
  • Bank Details.
  • Keeps over 10 years of information.

Cons

  • Some reports don't give access to information needed.
  • Crashing when the report is too long.
  • Reports limiting the years that can be viewed.
  • The system will think too long then crash at random times.

Return on Investment

  • The business does 100 percent better with use of the system.
  • Invoicing and receiving payments is easy.
  • Bank Balance is easily reconciled every month.

Usability

Sage Accounting ERP.

Incentivized
Caleb WalkerView profile
CFO in Finance and Accounting at Top Gun Drywall Supply (11-50 employees employees)

Use Cases and Deployment Scope

Mainly use this for accounting. Keeps track of transactions that make up our GL. From inventory and purchase orders to bank reconciliation.

Pros

  • Customizable
  • Keeps departments separate.
  • GAAP

Cons

  • Inventory tracking and physical counts.
  • Anything mobile.
  • POS functionality.
  • UOM customizations, for example, metal lengths. I have to create a part for 9ft, 10ft, 12ft, 16ft, 18ft, etc. I'd like one part and then define the lengths sold and purchased.

Return on Investment

  • It is just an expensive piece of software.
  • I need to get more licenses, but it's not worth the increase in monthly payment.
  • The best thing about Sage is the customizability. Custom reporting, custom screens, etc.

Usability

Alternatives Considered

QuickBooks Desktop Enterprise and Zoho Books

Other Software Used

Google Workspace, Cursor, 1Password

Awesome Sage.

Incentivized
Sam Sam
Manager in Information Technology at EDTS (1-10 employees employees)

Use Cases and Deployment Scope

We use Sage Accounting to manage core financial processes such as invoicing, expense tracking, bank reconciliations, and financial reporting. It helps reduce manual accounting work, improve accuracy, maintain organized financial records, and provide real-time visibility into cash flow and business performance across our accounting operations.

Pros

  • Automated bank reconciliation.
  • Financial reporting and insights.
  • Invoicing and cash flow management.

Cons

  • Customization limitations.
  • Third party integrations.

Return on Investment

  • Reduced time spent on manual bookkeeping, invoicing, and bank reconciliation, improving overall productivity.
  • Improved accuracy of financial records, helping minimize errors and support compliance requirements.

Usability

Alternatives Considered

QuickBooks Desktop Premier

Other Software Used

QuickBooks Desktop Premier

Sage Accounting Alternatives

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