5 Best Sage 50cloud Alternatives for Accounting

By: on January 23, 2020

Sage 50cloud, formerly known as Sage 50, is an accounting solution that supports functionalities like accounts payable/receivable, bill payments, cash flow management, expense tracking, payroll management, and tax management.

5 Best Sage 50cloud alternatives for accounting:


FreshBooks


Intacct


QuickBooks Pro


Wave


Zoho Books

The tool offers mobile apps for Android and iOS devices and is suitable for small and midsize businesses. It works smoothly with Microsoft Office and other productivity suites.

Though Sage 50cloud is extremely popular and used by thousands of organizations, exploring alternative options never hurts—what suits some businesses may not suit yours.

To help you, we’ve put together this guide of the top Sage 50cloud alternatives (in alphabetical order). They’re highly recommended by real users in their reviews on Software Advice.

Table of the 5 Best Sage 50cloud Alternatives for Accounting

1. FreshBooks

FreshBooks is a cloud-based accounting tool that offers features such as billing and invoicing, expense tracking, time tracking, financial management and reporting, and payments management. The software offers mobile apps for Android and iOS devices.

FreshBooks is suitable for self-employed individuals and small businesses.

Other than the common accounting features, the solution’s key features are:

  • Project time tracking: Users can track time spent on different projects and set billable rates for each. Automated bills can be sent to clients based on tracked hours.
  • Multi-currency and multi-language support: Compatible with almost 170 currencies and more than ten languages, hence suitable for international business and invoicing.

We analyzed user reviews for FreshBooks to understand what users liked and the improvements they’d like to see.

What users liked:

  • Easy-to-navigate and intuitive user interface
  • Easy setup and configuration
  • Responsive and helpful customer support

Users would like to see:

  • Ability to replicate invoices for multiple customers simultaneously
  • Ability to customize different reports such as profit and loss report, tax summary report, payments collected report, and expense report
  • Ability to view reports on mobile app

2. Sage Intacct

Sage Intacct is a cloud-based solution that focuses on core accounting applications such as cash management, general ledger, accounts payable, and accounts receivable. It has built-in features for reporting, revenue management, project accounting, and time and expense management. The software offers mobile apps for Android and iOS devices.

Sage Intacct is suitable for small and midsize businesses.

Other than the common accounting features, the solution’s key features are:

  • Depreciation tracking: Allows users to calculate the depreciation on their fixed assets based on different accounting methods and business models.
  • 1099 reporting support: Sage Intacct supports various 1099 tax forms, such as 1099-MISC, 1099-DIV, 1099-INT, 1099-R, 1099-S, 1099- PATR, 1099-G, and 1099-W-2G.

We analyzed user reviews for Sage Intacct to understand what users liked and the improvements they’d like to see.

What users liked:

  • Quick and easy customization of workflows, field names, etc.
  • Regular feature updates that improve the product’s overall effectiveness
  • Ease-of-use and short learning curve

Users would like to see:

  • More responsive customer support team
  • More advanced and easy-to-manage reporting module, as currently it takes some time to get familiar with it
  • Smooth extraction of large volumes of data, such as journals or detailed financial data

3. QuickBooks Pro

QuickBooks Pro is an accounting software that lets users track their daily transactions and manage sales and expense data. The software helps with paying bills, invoicing customers, filing taxes, generating reports for planning, and more. It also offers features such as accounts payable and receivable, project accounting, and payroll management. The software offers mobile apps for Android and iOS devices.

QuickBooks Pro is suitable for small and midsize businesses.

Other than the common accounting features, the solution’s key features are:

  • Data file optimization: Allows users to significantly reduce the size of transaction files to speed up data sharing between stakeholders. It does so through its Condense feature that removes the audit trail of a selected transaction file to reduce its size, but keeps all the transactions details intact. Also, the software keeps a backup of the original file.
  • Invoice status tracker: Users get real-time visibility of all invoice statuses to improve collections and thus, cash flow.

We analyzed user reviews for QuickBooks Pro to understand what users liked and the improvements they’d like to see.

What users liked:

  • User-friendly and easy to export data to Excel for further analysis
  • Quick customization as per user-specific needs
  • Lots of features that help with easy tracking and payment of bills

Users would like to see:

  • Reduced complexity in setting up the software
  • More responsive customer support
  • More frequent updates to include innovative features

4. Wave

Wave is a cloud-based accounting solution that offers features such as billing and invoicing, expense tracking, accounts payable and receivable, payroll management, and receipt management. The software doesn’t have any setup fees, hidden charges, or monthly fees; however, payment processing and payroll services are not free. The software offers mobile apps for Android and iOS devices.

Wave is suitable for self-employed professionals (including entrepreneurs and freelancers) as well as small businesses.

Other than the common accounting features, the solution’s key features are:

  • Unlimited bank and credit card connections: Users can connect the software with their bank accounts and credit cards so that transactions data automatically transfers to the bookkeeping module.
  • Multi-currency invoicing: Users can invoice in more than 150 currencies, which makes the software suitable for international invoicing.

We analyzed user reviews for Wave to understand what users liked and the improvements they’d like to see.

What users liked:

  • Helpful online literature (such as help files) and tutorials to get started
  • Ability to embed company logo on invoices
  • Responsive and friendly customer service team

Users would like to see:

  • Ability to search invoices by purchase orders
  • More customizable and less cluttered dashboard
  • Improved receipt scanning—currently, it fails frequently

5. Zoho Books

Zoho Books is a cloud-based accounting solution for managing books and invoices, and processing payments. The software offers mobile apps for Android and iOS devices.

Zoho Books is suitable for small and midsize businesses.

Other than the common accounting features, the solution’s key features are:

  • Contact management: Users can manage and track contacts—both customers and vendors.
  • Inventory management: Users can input and track all purchase and sales orders in real time and auto-generate inventory reports.

We analyzed user reviews for Zoho Books to understand what users liked and the improvements they’d like to see.

What users liked:

  • Intuitive interface
  • Excellent invoice tracking
  • Responsive customer support

Users would like to see:

  • Quick-and-easy customization of invoices
  • On-premise version of the software
  • Improved importing and exporting feature—currently exporting to Excel sheets results in loss of many contacts details

Next steps

Before you purchase Sage 50cloud for your business, we recommend checking out its alternatives. Look into a solution’s features, check for the deployment options, and ask about mobile apps to compare and decide which tool to purchase.

In addition, you should check out each alternative’s user sentiments and reviews to gain insights on the experiences of other users. Get additional information and read more reviews about each solution here:

You can compare other accounting software on Software Advice to expand your scope of search. You can also create a shortlist, and reach out to vendors for demos or free trials.

Check out the FrontRunners, Software Advice’s ranking of the top-rated accounting products. If you’re interested in getting personalized assistance, reach out to our accounting software advisors at (855) 998-8505 for a free phone consultation.


Product selection methodology

  • All products had to offer the following core functionality: Accounts receivable, expense tracking, and billing and invoicing.
  • All products had to have at least 20 user reviews on Software Advice in the last two years.
  • From that list, we chose the five with the highest user recommended score.

Note:

The content in this piece that provides opinions and points of view are expressed by users. It does not represent the views of Software Advice.

The applications selected in this article are examples to show a feature in context and are not intended as endorsements or recommendations. They have been obtained from sources believed to be reliable at the time of publication.

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