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.

Pricing starting from:

USD 340.00/year

  • Free Version
  • Free Trial
  • Subscription

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.
  • Devices

    Business size

    S M L

    Markets

    Australia, Canada, United Kingdom, United States

    Supported Languages

    English, French, Spanish

    Pricing starting from:

    USD 340.00/year

    • Free Version
    • Free Trial
    • Subscription

    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

    Features

    Total features of Sage 50cloud Accounting: 80

    • "What If" Scenarios
    • Access Controls/Permissions
    • Accounting
    • Accounts Payable
    • Accounts Receivable
    • Activity Dashboard
    • Activity Tracking
    • Approval Process Control
    • Audit Management
    • Automatic Billing
    • Bank Reconciliation
    • Batch Processing
    • Billing & Invoicing
    • Billing Portal
    • Budgeting/Forecasting
    • CPA Firms
    • Cash Flow Management
    • Cash Management
    • Collaboration Tools
    • Collections Management
    • Contact Database
    • Contact Management
    • Contingency Billing
    • Core Accounting
    • Customisable Branding
    • Customisable Invoices
    • Customizable Templates
    • Dashboard
    • Data Import/Export
    • Drag & Drop
    • Dunning Management
    • Electronic Payments
    • Estimating
    • Expense Claims
    • Expense Tracking
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • Fixed Asset Management
    • For Government
    • Forecasting
    • Fund Accounting
    • General Ledger
    • Hourly Billing
    • Inventory Management
    • Inventory Tracking
    • Invoice History
    • Invoice Management
    • Invoice Processing
    • Key Performance Indicators
    • Mobile Access
    • Mobile App
    • Mobile Payments
    • Multi-Currency
    • Nonprofits
    • Online Invoicing
    • Online Payments
    • Order Management
    • Payment Processing
    • Payroll Management
    • Project Accounting
    • Project Billing
    • Purchase Order Management
    • Purchasing & Receiving
    • Quotes/Estimates
    • Real Time Data
    • Receipt Management
    • Recurring/Subscription Billing
    • Reporting & Statistics
    • Reporting/Analytics
    • Revenue Recognition
    • Sales Orders
    • Sales Tax Management
    • Spend Management
    • Supplier Management
    • Tax Calculation
    • Tax Management
    • Time & Expense Tracking
    • Trend Analysis
    • Vendor Management

    Alternatives

    Xero

    4.3
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    Quickbooks Online

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    #2 Alternative to Sage 50cloud Accounting
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    QuickBooks Desktop Enterprise

    4.5
    #3 Alternative to Sage 50cloud Accounting
    QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access...

    FreshBooks

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    #4 Alternative to Sage 50cloud Accounting
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    Reviews

    Overall rating

    3.8 /5
    (260)
    Value for Money
    3.4/5
    Features
    3.6/5
    Ease of Use
    3.7/5
    Customer Support
    3.3/5

    Already have Sage 50cloud Accounting?

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

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    Showing 5 reviews of 260
    Dovid L.
    Overall rating
    • Industry: Education Management
    • Company size: 201-500 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

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

    My prefered accounting software

    Reviewed on 03/06/2021

    Pros

    The best thing about Sage 50 is that it is very difficult for anone to make a mess of things. The controls are very tight, ensuring that an ignorant employee cant mess things up.

    Cons

    It is very rigid and stodgy
    Most reports cannot be shown across fiscal years. Little ability to customize reports.

    Chris H.
    Overall rating
    • Industry: Information Technology & Services
    • Company size: Self Employed
    • Used Daily for 2+ years
    • Review Source

    Overall rating

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

    Sage 50cloud - Good Small Business Accounting solution

    Reviewed on 14/02/2022

    Sage 50 cloud overall is packed with features to allow companies to managed their accounting needs...

    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.

    Alternatives Considered

    FreshBooks, QuickBooks Desktop Enterprise and Xero

    Reasons for Switching to Sage 50cloud Accounting

    Very sound accounting with great reporting capabilities, and a robust inventory management system for the targeted segment.
    Samantha S.
    Overall rating
    • Industry: Pharmaceuticals
    • 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 4.0 /10

    Has great potential but fails in it's execution

    Reviewed on 19/04/2022

    We have persevered with Sage because to change such critical software for a mature business of our...

    We have persevered with Sage because to change such critical software for a mature business of our size is not an easy task. The customer service is shocking. they simply aren't bothered that we having these issues. The software is not the cheapest but a switch isn't a cost saving exercise, it's a case of needing some software that functions the way it is supposed too!! We have lost all confidence in the system.

    Pros

    The software on paper looks impressive, there are many features within Sage that assist the smooth running of the financial side of the business. The ability to run multiple accounts and currencies is ideal for companies that trade internationally. The bank reconcile is straight forward and effective. The reporting options are comprehensive and can be configured to suit the needs of your business.

    Cons

    What really lets this software down is the implementation. We moved to cloud software to support more remote working and it has been an absolute nightmare. We have had daily issues. Data is continuously 'out of sync' which throws users off the system. We have found that we have lost data which for accounting is just unacceptable and not sustainable. We have lost quotes, invoices, bank reconciliations. Having to get staff to check their data entry and repeat work just defeats the point of having the software and undermines the principles of any book-keeping system.

    Verified Reviewer
    Overall rating
    • Industry: Financial Services
    • 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 0.0 /10

    Worst experience ever

    Reviewed on 09/07/2020

    I had one call and because the tech rep could not stay on the phone while I did as he asked, he did...

    I had one call and because the tech rep could not stay on the phone while I did as he asked, he did up a ticket...which he immediately closed. When I called back in they could not / would not reopen that ticket. I got pushed to sales and they would not give me back my one support call. That rep said I could speak with a supervisor, then pushed me back to tech. When I called in, someone took my name for the supervisor to call me back, and that never happened. This is the worst customer service I have seen in years. Meanwhile my newly purchased upgrade, is not doing what it is supposed to. Thanks for nothing Sage!

    Pros

    Fine once you get used to it; it is not as user friendly as Quickbooks

    Cons

    Functionality between computers has been a problem and tech did not help; read below

    Blake B.
    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 260 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: USD 340.00/year
    • 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:

    BQE CORE Suite, Bill.com, 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

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