Sage Accounting

Score7.5 out of 10

238 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

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Screenshot of an Invoicing Quote Estimate

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Screenshot of the All-in-One Dashboard

Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
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Multi-currency support
The software supports transactions across multiple currencies.
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Self-service portal
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
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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.
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Time tracking
The software can track billable and non-billable employee time by project.
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Location management
The software can track multiple goods across multiple locations.
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#1 most frequent

Professional, Scientific, and Technical Services

29.3%

49 installations of 167

“We use Sage Accounting on a daily basis, using the accounting files that we receive from our clients.”
— Accountant, Choquette & Company Accounting Group Incorporated (1-10 employees)

#2 most frequent

Information

6.6%

11 installations of 167

“Definitely a positive ROI. We would spend more time on bookkeeping and other accounting taxes without Sage Accounting.”
— Managing Director, Bitmotek Optimization Ltd. (1-10 employees)

#3 most frequent

Other Services (except Public Administration)

6.0%

10 installations of 167

“Since the system is online and allows multiple users, a junior staff person can input transactions for review/approval by the Finance Officer. This saves the Finance Officer about 50% of her time which saves our organization several thousand dollars a year.”
— Executive Director, Science Atlantic (1-10 employees)

Charles Law

Financial Manager in Finance and Accounting at Dove Properties (1-10 employees employees)

Use Cases and Deployment Scope

Sage Accounting is used as the main software for two legal entities. This incorporates the full financial management of each unit.

Pros

Great download facility for nominal account detail and trial balance reporting.
Creating sales invoices is efficient especially with the copy facility.
Very good drill down analysis, which makes finding information quick and straightforward.

Cons

Sometimes, when editing a document, there is a warning that the document already exists, which is irritating.
The format of some downloaded reports could be improved.
The bank reconciliation process could be improved.
The reports available could be improved and expanded with a balance sheet and an income statement.

Return on Investment

Efficiencies in operation and processing have yielded increased roi through more efficient use of resources
Clear reporting and analysis of receivables have allowed clear focus on areas to focus on in terms of collections
The ability to change dates on the trial balance and then analyse the data has been very productive and yielded roi improvement

Usability

Karen Marrinan

Financial Controller in Finance and Accounting at Social Link (11-50 employees employees)

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

Jon Steer

Managing Director at Durham Associates Ltd (1-10 employees employees)

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

Katie Gauthier View profile

Owner/operator in Professional Services at Elevate Yoga & Wellness (1-10 employees employees)

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

Tony Hilderman View profile

owner in Sales at Tormynak Contracting (1-10 employees employees)

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

QuickBooks Desktop Enterprise

FreshBooks

Xero

Sage Accounting

What is Sage Accounting?

Categories & Use Cases

Media

Sage Accounting Key Features

Top Performing Features

Pay calculation

Multi-currency support

Self-service portal

Areas for Improvement

Inventory tracking

Time tracking

Location management

Most Frequent Users

Professional, Scientific, and Technical Services

Information

Other Services (except Public Administration)

Sage Accounting Reviews

Use Cases and Deployment Scope

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Usability

Use Cases and Deployment Scope

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Return on Investment

Usability

Alternatives Considered

Use Cases and Deployment Scope

Pros

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Return on Investment

Usability

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

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Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

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Return on Investment

Usability

Alternatives Considered

Sage Accounting Alternatives