Overview
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…
Sage Accounting works well for us
Why you should choose Sage to partner with.
Sage Accounting for One Person Company
Best Move We Ever Made - From TASBooks2 to Sage Cloud Accounting
Once you have used Sage Accounting, there's no point looking anywhere else
Bank Reconcilation, that are downloaded or imported directly from the bank.
VAT returns, and …
Godsend for my accounts.
Good accounting software for SMEs
Great Products, Great Support, Great Company
Enhanced Suitability: Tailored To My Needs
Sage one stop
Sage, an active assist for your business
Sage Accounting is brilliant !
Sage Accounting
Amazing Accounting Software
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Accounts payable (35)9.494%
- Accounts receivable (37)9.494%
- Bank reconciliation (36)9.393%
- Standard reports (36)8.888%
Reviewer Pros & Cons
Pricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $10 per month
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 9.2Pay calculation(12) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 9.1Benefit plan administration(8) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 9.1Direct deposit files(9) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 9.1Salary revision and increment management(8) Ratings
Salary revision is the ability to modify individual employee pay.
- 9.1Reimbursement management(9) 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.
- 9.8API for custom integration(14) 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.
- 6.8Plug-ins(13) 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.
- 8.6Single sign-on capability(24) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 9.3Role-based user permissions(31) 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.
- 1.9Dashboards(33) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 8.8Standard reports(36) Ratings
The software offers pre-built reports with metrics standard to the category.
- 8.8Custom reports(27) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 9.4Accounts payable(35) 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.
- 9.4Accounts receivable(37) 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.
- 9.3Cash management(31) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 9.3Bank reconciliation(36) 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.
- 9.8Expense management(29) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 6.8Time tracking(9) Ratings
The software can track billable and non-billable employee time by project.
- 2.5Fixed asset management(23) 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.
- 7.2Multi-currency support(14) Ratings
The software supports transactions across multiple currencies.
- 4Multi-division support(13) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 8.4Regulations compliance(22) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 8.8Electronic tax filing(19) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 8.6Self-service portal(22) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 8.2Global Financial Support(7) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 8.1Primary and Secondary Ledgers(10) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 6.9Intercompany Accounting(8) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 7.8Localizations(7) Ratings
Meet reporting requirements with country-specific localizations
- 8.4Journals and Reconciliations(25) Ratings
Automate and synchronize ledgers and processes
- 8.3Enterprise Accounting(9) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 8Configurable Accounting(13) Ratings
Configure accounting rules and segments for each chart of accounts
- 7.6Centralized Rules Framework(6) Ratings
Integrate disparate ERP and transactional systems into single ERP instance
- 8.1Standardized Processes(13) 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.
- 6.2Inventory tracking(14) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 9.1Automatic reordering(5) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 8.2Location management(6) Ratings
The software can track multiple goods across multiple locations.
- 9Manufacturing module(4) 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.
- 8.7Pricing(13) Ratings
Users can set up complex and unique pricing requirements.
- 7.7Order entry(10) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 7.8Credit card processing(14) Ratings
The software facilitates credit card processing.
- 6.8Cost of goods sold(17) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 4.1Order Orchestration(4) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
- 7End-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
- 5Order exception Resolution(4) 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
- Competitors
- Tech Details
- FAQs
What is Sage Accounting?
Sage Accounting Screenshots
Sage Accounting Competitors
Sage Accounting Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android |
Supported Countries | US, Canada, UK, Germany, Spain, Portugal, Africa, South Africa, Ireland, France, Switzerland, Malaysia, Australia |
Supported Languages | English, French, German, Spanish and more |
Frequently Asked Questions
Comparisons
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Reviews and Ratings
(100)Attribute Ratings
- 9.4Likelihood to Renew4 ratings
- 8.4Availability2 ratings
- 10Performance2 ratings
- 9.4Usability16 ratings
- 9.4Support Rating16 ratings
- 10Online Training2 ratings
- 10In-Person Training1 rating
- 9.4Implementation Rating3 ratings
- 9.2Configurability2 ratings
- 7.2Product Scalability2 ratings
- 10Ease of integration1 rating
- 9.6Vendor pre-sale2 ratings
- 9.6Vendor post-sale2 ratings
- 10Professional Services1 rating
- 10Contract Terms and Pricing Model1 rating
Reviews
(1-25 of 45)User-friendly Sage Accounting
- Detailed but understandable reporting
- Good bank feed function
- Easy to track the profitability of the business
- Would like more reports geared up toward the cash accounting VAT scheme
Sage Accounting works well for us
- Sales Quotes to Invoices
- Purchase Credit Notes
- Direct import from Bank Accounts
- Reconciling transfers between bank accounts
- Editing Sales Invoices after a VAT return has been produced
- 2 step authentication
Why you should choose Sage to partner with.
- They have excellent customer service. Always answer the phone and offer support until problem resolved.
- There is a cloud based function that is idea for remote working.
- Lots of online tutorials.
- I find it difficult to record journals in cloud accounting. Maybe I just don’t have the knowledge.
- It’s important to export all unrecorded sync bank transactions to Excel to send to clients to explain the payment receipts before being posted. This function is not available on the cloud and makes life harder, having to call out the transactions to clients over the phone.
Sage Accounting for One Person Company
I only need the basic Accounting package and it does everything I need. My accountant can access my records, so they like it as well.
- Invoicing
- VAT returns
- Cash flow
- Profit and Loss statements
- Reporting - I'd like to be able to compare YTD vs LYTD
- Reconciling bank accounts - I find this quite tricky
- Bank integration
- Payment matching
- Easy set up of opening balances
- No end-of-year routing
- Nothing comes to mind at present
Bank Reconcilation, that are downloaded or imported directly from the bank.
VAT returns, and the submissions to HMRC.
Ensuring Purchase invoices are recorded and paid.
Creating P&L for each department and the company as a whole.
Analysis of sales, via departments, Nominal analysis to understand trends.
- VAT Returns
- Bank Reconciliations
- Departmental Analysis
- Sales analysis
- Nominal Analysis
- Function Keys, accountants like quick keys
- Reporting, custom reports not simple
- Switching from one company to the next
The ability to import via CSV, to avoid mistakes and to save time
Importing via the bank
Transferring from one company to another, you have to have separate emails and logins
Godsend for my accounts.
- Bank Reconciliations.
- VAT returns.
- Cash flow.
- General management of accounts.
- Speed could be a bit better, feel that loading bank transactions takes a while.
- Sometimes, I get a bit confused by the order in which the bank transactions are presented, especially if I am looking to do manual reconciliations.
- Logging onto the website can be a tad confusing. A number of products to pick from, and in the early days, I was unsure of what I should be logging into.
Good accounting software for SMEs
- HMRC Making Tax Digital direct calculation and submission
- Super easy to set up new customers and new suppliers
- Bank feed tool to reconcile transactions
- Creating payment files to submit to the bank
- Correcting transactions can be a bit clunky and hard to pin down
- No full year end rollover process, have to do it manually
Great Products, Great Support, Great Company
- Storing purchase receipts with the purchase entries.
- Recurring invoices.
- Professional looking invoices.
- Reporting.
- Live Bank Feeds
- Tieing off year end figures, to start a new financial year.
- Sage and AutoEntry to transfer data to correctly - Invoice box!
- Ability to use multiple letterheads and banking information on receipts.
- Easier way of entering and recording of Assets for reporting
Not found anything Sage does not do well.
Enhanced Suitability: Tailored To My Needs
- Invoicing
- Creditors - particularly useful
- Reports
- Stock control - would like simpler options
Sage one stop
- Profit and Loss reporting
- Invoicing, recurring invoicing
- Banking
- Covers all my needs so nothing
Sage, an active assist for your business
- Traceability - where you are spending. I started with a spreadsheet which had a column for 'electronics & computing' this captured everything from monthly software subscriptions to hardware and from light bulbs to dash cams. Sage has helped me streamline the spending.
- MTD - I am MTD compliant, although I do not need to be as my accountant is and they complete my HMRC submissions. It does mean that I have a contingency plan if I have to change this service.
- Debtor's - It is easy to be a busy fool and not realise that accounts are overdue. For a small business, the restriction in cash flow due to late paying clients is a killer. The dashboard feature helps with this.
- Terminology - I struggled as I do not speak 'accounting' so there was a steep learning curve for me. A prime example would be the Journal functionality, for me a Journal is a diary where notes are written. The addition of a '?' with a short description against titles would have quickened the process. Please note, this is due to me being self-employed, so I had no previous formal accounting training.
- Template Flexibility - some more options with fonts and image input would be useful. As a business I use 2 fonts 'Candara' and 'Calibri'. Candara is used for titles, this includes the company name and company details. It is frustrating that the corporate styling is not transferable.
Sage Accounting is brilliant !
- Bankfeed so all transactions are included
- Easy to use - simple lay out
- Useful reports - comparative profit and loss
- Invoice processing and emailing
- Statement automation
- Login wherever there is internet
- Supplier refund procedure
- Automated email receipts for payments
Sage Accounting
- Accurate Reports
- Makes VAT returns easy
- Helps to keep track on day to day spending
- Quotes and Invoices linked
- The ability to copy repeat transactions in Banking which are not recurring
Amazing Accounting Software
- Automatic bank feeds
- Invoicing
- Payroll integration
- Integration to Caseware and Draftworx
- Requires an integrated Fixed Asset Register.
- Automatic bank feeds should be in real time.
- Scannig of invoices should be a standard feature which reduces the cost of this automation.
Don't look any further than Sage Accounting
- Customer and supplier ledger data review is easily done in comparison in particular to Xero. Ledger types are separated rather than combined as 'contacts'.
- The format of the data presented is clear, both on screen and reporting in multiple formats
- MTD facility to operate VAT reporting in line with HMRC requirements
- Bank reconciliation is easily performed, using the 'bank feed' function
- Automated processes are brilliant, such as uploading purchase invoices or expenses
- Menu structure is straightforward, and easy for users to navigate
- Adding notes to customer and supplier ledgers with regards communications
- Making it easier to change from one VAT scheme to another, when company's grow and need to move away from cash accounting
- Users creating their own reports
Have an unusual business, Sage is your safe bet
- Filling in Vat returns
- Year ends
- Reoccurring transaction
- Bank reconciliation
- Nominal codes to suit your business
- Expert help
- Sage community
- Being able to save business names so as not to have to re-enter every month
- Easier way to check vat entries
- I would like help at the end of the phone not via computer link
Sage Accounting Review
- How up to date the live bank feed is
- Navigation around the website
- Customer service
- Bank feed matches to be more accurate
If you like Sage Desktop you will love Sage Accounting
For preparing VAT returns and monthly and yearly bookkeeping tasks
- Bank Feed
- Supporting its customers - they have a support desk run by humans
- Clear language and ease of connections to Apps
- I personally do not have any examples of areas where Sage Accounting has room for improvement
Sage Accounting
The bank feed ensures reconciling the bank and having that confidence is very easy and allows more time then to look at the value adding areas of accountancy.
Sage Accounting is constantly updating with new features and reports which help to take a step back from a transactional level and allow a more analytical approach. This is helped further by Sage Accounting making the day to day transactions quick and efficient to post.
There is the ability to run reports as CSV files and then you can manipulate these however you wish, I use this function for the management accounts by exporting the trial balance, feeding this into my excel file and then this auto populates the accounts.
- Bank Feeds - Seamless integration with bank to ensure no keying of transactions and thus less scope for error.
- Bank Reconciliations - Due to the bank feeds these are quick and easy.
- Dashboards - Easy to see at a glance who is owed and indeed who owes us. These are regularly updated and can be tailored to ensure you're seeing what is most important to you.
- Always room for improvement on reporting
- Further integration and simpler intergration with bank feeds. Some banks work very easily and simply, but others can be more complicated.
It's great for sole-traders and small limited companies.
Learning Sage Accounting as you go along
- Produce comprehensive year end accounts
- Sage payroll is easy to use
- The Bank feed onto the Sage Accounting makes for easy reconciliation
- Recognizing duplicate invoices
- Number customer invoices as they are imputed onto Sage Accounting
- Reduce paper invoices and input invoices from emails.
I am a True Advocat - Sage Accounting is inspiring and innovative
- VAT Return
- Easy to use
- Links me with Accountants
- Customer Support
- Feels like there are lots of 'packages' with different logins
- One Single Portal to access everything
Sage Accounting is perfect for SMEs
- Client Management
- Invoice Creation
- Debtors management
- Creditors management
- Creating of Financial Statements
- Filing of VAT Returns
- Reminders for when to file a return
- More reliable bank feed links, needs reauthorisation often
How Sage Helped Build Our Business
- Live Bank Feeds
- Uploading of PDF and JPEG Invoices with auto recognition
- A complete and detailed suite of financial reports
- A vast array of support, educational materials and networking opportunities
- Client Management facilities
- Client Management side could be developed into a CRM lite
Excellent value for money accounting platform
- Online VAT returns
- Reverse charge VAT
- Easy invoicing
- Editing data if mistakes are found
- Customer support
- Reconciling accounts