Sage 50 Accounting Review: Features, Benefits, Pricing, and Cons

You can sign up for the 30-day test drive program and get access to a cloud-hosted version with free sample data; you don’t need to provide your credit card information when signing up. User reviews are mixed gross vs net because some find the software good for reporting but too expensive for most small businesses. The Sage Group has a wide range of products for various business needs, such as payroll and HR, business management, payments and banking, and solutions for accountants and partners. Sage 50cloud is also suitable for medium-sized businesses with up to 40 users.

Provides Insights into Job Costing and Profitability

Sage 50 integrates with 115 third-party applications, covering areas like data entry, ecommerce, and time tracking, which is why it nailed my assessment of this category. One of its standout integrations is with Microsoft 365, wherein you gain access sage 50cloud pricing to premium features, including Word, Excel, PowerPoint, Access, and Outlook, along with 1 TB of OneDrive storage. Sage 50 did great in my A/P evaluation, though it lacks features like vendor portal and electronic payments. I don’t consider these as a major miss because these are nice-to-have features but not necessarily essential in desktop accounting software. Sage 50’s A/R module covers the basics, though I believe it lacks the polish of more modern competitors.

Can Sage Accounting Software Be Used On Mobile Devices?

Patriot Software Accounting is $20 or $30 per month for an unlimited number of users, depending on the version you choose. Sage 50 automates accurate and faster payroll management with its comprehensive features. It automates all the major tasks, reducing the chances of errors and duplicate entries. Sage 50 processes a company’s payroll at any predetermined interval, such as monthly, weekly, biweekly, etc. Employees can get their payslips through their employee app, email, or hard copy.

• Sage 50 Accounting offers flexible banking features, allowing you to either connect your bank accounts or upload bank statements manually.
• Sage’s job costing features give business owners insight into all their jobs and projects, and the ability to know what and where they are spending.
• It’s important for businesses to research and compare their options before making a decision.
• Each good or service is assigned an Item ID and (thanks to the seamless integration with the cloud) price changes made on the desktop version will be pushed out to all users on the account.
• This doesn’t come as a surprise because, in my years of evaluating accounting software, most desktop accounting programs have excellent project accounting features.
• For precise pricing tailored to specific needs, it is recommended to contact Sage directly or an authorized reseller.

Patriot Software Accounting

The desktop-based Sage 50 Payroll allows up to 120 employees, while the more robust Sage Payroll Services handles over 1,000 employees through its cloud platform designed for larger businesses. For high-volume enterprise needs, perpetually-licensed models are still available from Sage. Entirely custom quote-based pricing is also an option for certain products or large-scale deployments. Customers can also submit their cases, and the Sage technical support team will reply to them via email. Sage 50 also offers a Knowledge Base where users can find support articles on any topic.

Cloud Accounting Software

In addition to the basics of issuing invoices and collecting customer payments, we evaluated the software’s ability to create customized invoices. We also assessed whether it could handle non-routine transactions like short payments, credit memos, and the refund of credit balances in customer accounts. Sage offers a network of Sage Advisors, but it’s not widely recognized in the US. Additionally, Food Truck Accounting there are no bookkeeping assistance services directly provided by Sage, which could be a drawback for businesses looking for hands-on support in managing their books. The lack of a US network of bookkeepers was a major factor in Sage’s low score for usability.

Businesses that manage projects benefit from Sage 50’s job costing feature. It helps them track labor, materials, and overhead costs to determine each project’s profitability accurately. Sage 50 analyzes job performance in detail to distinguish between profitable and unprofitable projects. Using such insights, companies can make data-driven decisions regarding pricing, resource allocation, and project management. Within Standard you are able to control your Sales Ledger, Purchase Ledger and Bank Accounts. The software also has an integration with Office 365, as well as a mobile app.

While they do offer several support options, they are all tailored to online usage. They are also mainly for people who want to fix problems with guidance of tutorials, articles, and other non-personal sources. … Significant step up from Quicken to Spreadsheets.Inadequate job cost for manufacturing. I evaluated Sage 50 Accounting and other leading small business accounting software using an internal scoring rubric. You can read a more detailed description by visiting our accounting software case study page.

• Sage 50Cloud is ideal for small to medium-sized businesses in a variety of industries looking to streamline their accounting, payroll, and payment processes.
• Users will be able to perform advanced payroll tasks, like tracking employee tips and also managing sick time and vacations.
• Business administrators with some accounting experience may find Sage easier to use.
• FreshBooks costs between $19 and $60 per month, with extra users available for $11 each.

Payment Options

This cost Sage 50cloud points in my assessment of Banking, but despite this limitation, Sage 50’s reconciliation tools are effective and reliable. For businesses seeking a balance of affordability and advanced cloud features, Sage 50 serves as a strong middle-ground solution. All Sage 50cloud plans have the option of adding Microsoft Office 365 for $15.00 per month or $180.00 annually to enhance the remote capabilities of Sage 50cloud. Microsoft Office 365 makes key Sage data accessible via the cloud and a range of integrated apps. A Remote Data Access feature allows you to share your company data with an accountant or bookkeeper, though each user must have the Windows desktop app for this to work.