Sage 50cloud Accounting

RATING:

3.9

(382)

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 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 use...

Awards and Recognition

FrontRunner 2023
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Sage 50cloud Accounting Pricing

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

Starting price: 

$33.00 per month

Free trial: 

Available

Free version: 

Not Available

Business status
Slide 1 of 5

Sage 50cloud Accounting Reviews

Overall Rating

3.9

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

3.5

Value for money

3.5

Functionality

3.5

Most Helpful Reviews for Sage 50cloud Accounting

1 - 5 of 371 Reviews

Duncan

Banking, 2 - 10 employees

Used more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

1

Reviewed May 2023

Disappointing and overpriced

User Profile

Jonathan

Verified reviewer

Information Technology and Services, 2-10 employees

Used weekly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed February 2024

Suberb Accounting Product for start ups/ SMEs

Excellent product, great support, available to use anywhere Highly recommended if you are looking for a blend of desktop/ cloud accounting experience.

PROS

Ease of use Intuitive Great reporting suite Integrates easily into other applications Gives visibility into financial health and growth plans easily to allow us to focus on core business activities

CONS

Need add-on's for customer management Need add-on's to get ready made dashboards and set kpi's

Reasons for switching to Sage 50cloud Accounting

Xero was not intuitive enough and needed more add-ons for budgeting and forecasting

Chris

Information Technology and Services, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed February 2022

Sage 50cloud - Good Small Business Accounting solution

Sage 50 cloud overall is packed with features to allow companies to managed their accounting needs from A/R to A/P, Inventory, Payroll, and even Job Costing. It is a versatile solution for business that have 1 user, all the way up to a business with 40 users.

PROS

Sage 50 is rock-solid from an accounting perspective. It also has very good built-in reporting, as well as the ability to integrate with very customizable and advanced reporting tools

CONS

It is not quite as user friendly for non-accounting professionals as other solutions, and the "cloud" functionality is not reliable.

Reason for choosing Sage 50cloud Accounting

Very sound accounting with great reporting capabilities, and a robust inventory management system for the targeted segment.

James

Electrical/Electronic Manufacturing, 2-10 employees

Used daily for more than 2 years

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

2

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed April 2017

Major limitations for everything but the most simple operations

Want to do accounting? Sage 50 will do it almost as well as Quickbooks for a higher cost and with less support. It's also a lot harder to find an accountant that works with Sage and actually knows what they're doing. Want to buy and resell products? Sure, it'll mostly work. Want to use it for manufacturing/assembly? Forget it, Sage 50 can't do it properly and will cost you an incalculable amount in lost time and opportunity. No lot tracking, horrible reporting, no forecasting, only 5 user defined fields (none of which are very useful), no BOM variances, no part revisions allowed, no mass BOM update, etc.

PROS

Better than chiseling on a stone tablet, though less reliable.

CONS

Oh so many things: Database is SLOW No user workflows, cannot require approvals, checks, releases, etc. No ability to limit access to fields, or to require approvals on data entry Fields are not updatable in table views and require opening a screen for each item to update. Finding information in Sage is difficult, must search through multiple screens, reports, or excel spreadsheets to find date Order data exists in many separate views (SO, PO, WO, Invoice) without a single summary view of status. Sage50 items do not link – a line on a PO, SO, Quote, etc cannot be clicked to bring up the item card. The ID must be memorized and typed into another window, wasting valuable time Data import/export from/to Sage50 is time consuming and error prone Document templates are stored locally and must be manually updated per machine on change. One time use items or BOMs have to be added to part master to never be removed which clutters system, or have to be entered as a description items which severely limits usability. Cannot open multiple records when reviewing order history (or item cards, POs, Invoices, etc). Can only have one window for each type open at a time. No system discount levels Difficult to determine lead times for an assembly, have to start a pseudo work ticket and still can only determine current part availability that doesn't show when on order parts will arrive Sage can assign a user to a quote, but has no notifications to tell that user when the quote gets converted, updated, etc No material traceability, or lot tracking Routings do not exist – cannot track inventory moves from receipt to, inventory, picking, assembly, QA, etc Sage50 cannot record who received, assembled, tested, shipped, etc Cannot attach records or files to built items (final inspection reports, pictures, etc) Purchase planning is almost non-existent. Parts cannot undergo true revision. Changing the item ID results in changing entire system history Rev changes require creation of new ID and BOM update BOM changes are labor intensive BOM changes must occur individually and manually each time a part undergoes revision Variances are not allowed Cannot swap parts or revisions for a variance BOM, a complete new BOM must be created and all traveler paperwork reprinted When moving to a new revision, the old revision must remain in the BOM until consumed which results in Sage reporting the need to purchase the old revision instead of the new revision. Revision changeover must be manually watched and switched at point of consumption Sage has a field for “Preferred Vendor ID”, but no additional approved suppliers Single currency only Sage50 has updates that come out every year, but they only support the previous years version for another 6 months so you're forced into an upgrade if want any semblance of support (though it doesn't really count as support most of the time).

Luiza

Newspapers, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2024

Cloud accounting

Very easy to use, overall Sage 50cloud Accounting is a great accounting mate.

PROS

If you are used to Sage is very easy to use and setup. It includes a lot of helpful features and great reporting features. Support is great.

CONS

Sometimes the loading speed is just awful (my internet connection is very fast, do not blame my side), slow loading. UI can be upgraded a little, but this is not a deal breaker.