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 user access settings. Data can be backed up locally or to the cloud. All Sage 50cloud plans include core vendor, inventory and job management functionality. Advanced features tailor to certain industry segments, such as construction, distribution and manufacturing businesses.
Sage 50cloud Accounting Software - Business status
Sage 50cloud Accounting Software - Bank feeds
Sage 50cloud Accounting Software - Balance sheet
Sage 50cloud Accounting Software - Cash flow manager
Sage 50cloud Accounting Software - Bank reconciliation
Sage 50cloud Accounting Software - Business status - thumbnail
Sage 50cloud Accounting Software - Bank feeds - thumbnail
Sage 50cloud Accounting Software - Balance sheet - thumbnail
Sage 50cloud Accounting Software - Cash flow manager - thumbnail
Sage 50cloud Accounting Software - Bank reconciliation - thumbnail

Sage 50cloud Accounting pricing

Sage 50cloud Accounting does not have a free version but does offer a free trial. Sage 50cloud Accounting paid version starts at US$33.00/month.

Starting Price:
US$33.00/month
Free Version:
No
Free trial:
Yes

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Sage 50cloud Accounting Reviews

Feature rating

Value for Money
3.5
Functionality
3.7
Ease of Use
3.8
Customer Support
3.5
5 reviews of 363 View all reviews
Prof Cephas
  • Industry: Financial Services
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
5
Ease of Use
4
Customer Support
5

5
Reviewed on 15/01/2022

Super Integrated Cloud Accounting and Finance app

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.

Chris
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
4
Ease of Use
3
Customer Support
3

4
Reviewed on 14/02/2022

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.

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.
Isabelle
  • Industry: Entertainment
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Features
3
Ease of Use
3
Customer Support
3

5
Reviewed on 30/11/2023

Good product but not so easy to use

Pros

It was the first system I have learned to do book keeping so it's easy enough for a newbie to learn the basics.

Cons

Don't make a mistake because it is hard to modify an entry.

James
  • Industry: Electrical/Electronic Manufacturing
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
2
Features
1
Ease of Use
1
Customer Support
1

1
Reviewed on 20/04/2017

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).

Kathy
  • Industry: Hospitality
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 29/08/2023

Sage 50 accounts

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

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