Sage 50cloud Accounting

Sage 50cloud Accounting

Cloud-connected accounting solution for small business

About Sage 50cloud Accounting

Sage 50cloud Accounting (formerly Peachtree Software) is a comprehensive accounting solution for small business. It provides core functionality, such as A/R and A/P, customer management and financial reporting. Premium features, such as detailed profitability tracking, cash flow forecasting and custom reporting, come standard.
Sage 50cloud Accounting enhances user productivity with convenient, cloud connected features, such as digital invoicing, online payments, automated bank reconciliation, Microsoft Excel-based reporting, and more. Remote access allows users to work on-the-go via laptop.
The software has built-in accounting and compliance controls that maintain accuracy and prevent common errors. Security functions include suspicious transaction flagging, audit trails and user access settings. Data can be backed up locally or to the cloud.
All Sage 50cloud Accounting plans include core vendor, inventory and job management functionality. Advanced features tailor to certain industry segments, such as construction, distribution and manufacturing businesses.


Key benefits of Sage 50cloud Accounting

  • Access contact details, customer balance information, credit limits, and order history from anywhere by syncing Microsoft Outlook contacts and Sage 50cloud Accounting contacts.

  • Accept payments on the go by combining Sage 50cloud with Sage Payment Solutions in order to accept secure and compliant payments from anywhere.

  • Link directly to bank accounts to record sales and receipts in real time and check up on what the business is owed, schedule supplier payments, and more, with tools for cash flow and invoicing.

  • Sage 50cloud Accounting's add-on solution for stock and inventory management enables organizations to automatically update stock levels, and control assets through stock valuations and audits.

  • Work and collaborate from anywhere with applications such as Word, Excel, PowerPoint and Outlook through seamless integration with Microsoft Office 365.

  • Images

    Sage 50cloud Accounting Software - Automatically sync Microsoft Outlook contacts and Sage 50c contacts, and access all data from anywhere
    Sage 50cloud Accounting Software - Manage cash flow and invoicing, and link directly to bank accounts to record sales and receipts in real time
    Sage 50cloud Accounting Software - Work from anywhere with Microsoft Office 365 integration
    Sage 50cloud Accounting Software - Calculate taxes and automatically file returns securely online
    Sage 50cloud Accounting Software - Perform stock takes and automatically update stock levels
    Sage 50cloud Accounting Software - The Sage 50 Accounts Tracker mobile app for iOS and Android provides real-time business insight while on-the-go
    View 6 more
    Sage 50cloud Accounting Software - Automatically sync Microsoft Outlook contacts and Sage 50c contacts, and access all data from anywhere
    Sage 50cloud Accounting Software - Manage cash flow and invoicing, and link directly to bank accounts to record sales and receipts in real time
    Sage 50cloud Accounting Software - Work from anywhere with Microsoft Office 365 integration
    Sage 50cloud Accounting Software - Calculate taxes and automatically file returns securely online
    Sage 50cloud Accounting Software - Perform stock takes and automatically update stock levels
    Sage 50cloud Accounting Software - The Sage 50 Accounts Tracker mobile app for iOS and Android provides real-time business insight while on-the-go

    Not sure about Sage 50cloud Accounting? Compare with a popular alternative

    Sage 50cloud Accounting

    3.9 (375)
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    Starting Price

    US$33.00
    month
    £20.00
    month

    Pricing Options

    Free version
    Free trial
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    Features

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    Integrations

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    Ease of Use

    3.8 (375)
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    Value for Money

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    Customer Service

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    Reviews

    Overall rating

    3.9 /5
    (375)
    Value for Money
    3.5/5
    Features
    3.7/5
    Ease of Use
    3.8/5
    Customer Support
    3.5/5

    Already have Sage 50cloud Accounting?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 375
    Prof Cephas
    Prof Cephas
    Overall rating
    • Industry: Financial Services
    • Company size: 1,001–5,000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Super Integrated Cloud Accounting and Finance app

    Reviewed on 15/01/2022

    I found this accounting software to be very useful mainly to small and medium size companies and to...

    I found this accounting software to be very useful mainly to small and medium size companies and to a limited extent, to some large companies. It performs all the basic accounting functions relating to accounts receivables and accounts payables, inventory management, cash management and budgeting and compiling and producing financial statements.

    Pros

    1. Sage 50c offers user friendly navigation tools such as the menu bar, the tool bar, system navigation and
    function and shortcut keys.
    2. The software has cloud storage
    3. A user can easily create and setup a new company using the Auto Setup facility
    4. One can also easily create and edit general ledger accounts, inventory categories/items, supplier and
    customer accounts, among others.
    5. A user can easily import/export data from other sources. This saves a lot of time.
    6. The software is integrated with other apps, for example, Microsoft emails and excel

    Cons

    1. Sage 50c requires proper and adequate training. The training is expensive
    2. On average, it is expensive to buy this accounting package.
    3. The integration with other apps (accounting and non-accounting) is still limited.
    4. Sage 50c does not run on some operating systems, for example, windows NT.

    Kevin
    Overall rating
    • Industry: Education Management
    • Company size: 2–10 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Fantastic Product

    Reviewed on 26/09/2023

    A great product with a great level of customer service.

    A great product with a great level of customer service.

    Pros

    It's easy to understand and drill down to a transactional level. I'd say it's still built for people who have an understanding of accountancy rather then being built for day to day business user.

    Cons

    Has stood still for a period in time but seeing more improvements with each update and new features.

    Alternatives Considered

    Xero

    Reasons for Switching to Sage 50cloud Accounting

    Offers a more accounting focused user experience.
    Verified Reviewer
    Overall rating
    • Industry: Environmental Services
    • Company size: 11–50 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 0.0 /10

    Please stay away for your own sanity.

    Reviewed on 14/08/2023

    Horrific experience. Data integrity is not something they concern themselves with in their...

    Horrific experience. Data integrity is not something they concern themselves with in their software. Our files got corrupted. They couldn't tell us how or why and told us some third party data repair people to contact. I don't believe they have anyone left who actually understands the code of their software. Their data repair team is one person and he could not solve it. I was in utter disbelief that after not being able to fix our data that they told us to try some third parties. So you risk losing your company data using this software. We can't generate legitimate income statements or balance sheets anymore and are having to switch to a new provider.

    Pros

    The software is pretty easy and intuitive and would be good if it worked, but it fundamentally does not work. Not like it doesn't work for us, it just doesn't work and they can't tell us why. By not work, I mean scenarios like you enter a purchase invoice for inventory and the inventory number doesn't go up by the amount you bought and then the program adjusts starting inventory values (from 15 years ago) on the fly.

    Cons

    It is not remote capable like it says. Our files get corrupted constantly and they blame it on the cloud computing. We have corruptions that no one at sage knows how to fix and they don't continue to fix it. They have no problem leaving a small business dangling and had the audacity to refer us to a third party. They don't have any recommendations or help on how to avoid corruptions. They don't have any utilities to help fix the corruptions we have. Their solution is to usually restore from a backup, but they don't have anyway to download and re-upload transactions from the period between the backup and current so you have to print off all your old transactions and then re-enter them. In the cases where they do manage to fix a corrupted file, they charge you for that "privilege". The software also doesn't necessarily keep debits and credits in balance. They're posted solution for this are some custom admin transactions to force balance, rather than find the source of their own non-double entry errors. If for example the accounts receivable ledger doesn't match the sum of the customer sub-ledgers, they don't have a way to see what their program got wrong, they tell you to do an adjusting force balance entry. Same goes for inventory and accounts payable. It may be related to our unsolvable data corruption issues, but again, they don't have a solution for the underlying missed transaction - they say to ignore it and force the books to balance.

    Kathy
    Overall rating
    • Industry: Hospitality
    • Company size: 51–200 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Sage 50 accounts

    Reviewed on 29/08/2023

    Its so easy to use and being able to see all of the transactions makes it so easy to investigate...

    Its so easy to use and being able to see all of the transactions makes it so easy to investigate any anomalies unlike any of the other competitors packages

    Pros

    Its so easy to use and navigate and does everything that i could ask for

    Cons

    Nothing like is said above it does everything i want so what's not to like about sage

    Alternatives Considered

    Xero

    Reasons for Switching to Sage 50cloud Accounting

    Its ease of use and navigation, report design and data export to excel
    Blake
    Blake
    Overall rating
    • Industry: Mining & Metals
    • Company size: 11–50 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Good for relatively simple manufacturing businesses

    Reviewed on 31/08/2020

    Good for the first $5M - $10M of a manufacturing business's life, but not excellent to go beyond...

    Good for the first $5M - $10M of a manufacturing business's life, but not excellent to go beyond that. Do yourself a favor and scale your software up as your business grows.

    Pros

    Anybody who has used any other accounting software packages will instantly understand Sage 50. It does what it's supposed to -- you can track money in, money out, and all via accrual accouting.

    Cons

    At a certain point, you outgrow it. If you're a relatively simple manufacturing business with only a couple product lines and a couple manufacturing lines, this works for you. Once you start scaling with multiple locations, cost centers, etc., you'll outgrow it.

    Showing 5 reviews of 375 Read all reviews

    Sage 50cloud Accounting FAQs

    Below are some frequently asked questions for Sage 50cloud Accounting.

    Sage 50cloud Accounting offers the following pricing plans:

    • Starting from: US$33.00/month
    • Pricing model: Subscription
    • Free Trial: Available

    Versions: Sage 50cloud Pro Accounting: $340/year Sage 50cloud Premium Accounting: $510/year Sage 50cloud Quantum Accounting: $842/year Microsoft Office 365 integration is available for $150/year

    Sage 50cloud Accounting has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500

    Sage 50cloud Accounting supports the following languages:

    English, French, Spanish

    Sage 50cloud Accounting supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Sage 50cloud Accounting integrates with the following applications:

    BILL Accounts Payable & Receivable, BQE CORE Suite, Microsoft 365, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, QCommission, REALTRAC

    Sage 50cloud Accounting offers the following support options:

    FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

    Related categories

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