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$340.00/year.

Starting Price:
US$340.00/year
Free Version:
No
Free trial:
Yes

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Sage 50cloud Accounting Reviews for UK Users

Feature rating

Value for Money
3.4
Functionality
3.6
Ease of Use
3.7
Customer Support
3.4
5 reviews of 268 View all reviews
Dovid
  • Industry: Education Management
  • Company size: 201-500 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 03/06/2021

My prefered accounting software

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.

Barry
  • Industry: Accounting
  • Company size: 2-10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 26/07/2022

28 Years and counting

Very good, have loved my interaction with some great cleint managers over hte years and we have all benefited.

Pros

I have used this software for 28 years from DOS to version 28. Its always delivered when required and good support when needed.

Cons

Recent prices changes have been a challenge and too much for some cleints.

Alternatives Considered

Xero

Reasons for Switching to Sage 50cloud Accounting

Desktop based and interating with my add in software The Analyser.
John
  • Industry: Accounting
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
2
Features
4
Ease of Use
4
Customer Support
3

3
Reviewed on 13/08/2018

Good...But A Little Expensive

I use the Canadian version of the software. I suspect it's basically the same as the American version, except for sales tax and payroll, but I would check a review of that version for any American users.

Pros

Sage 50 is an easy-to-use piece of accounting software aimed at SMEs (small and medium-sized enterprises), and it is one of QuickBooks' major competitors.

It's fairly easy to find people who are familiar with Sage 50. That's a plus for small businesses looking to find an employee or outside service provider to take care of their books.

If you are looking to do the books yourself, Sage 50 is relatively easy to learn. They have thorough tutorials available to walk you through the basics.

Major transactions are grouped together under tabs on the left-hand navigation panel. The various workflows--receivables, payables, inventory and services, employees and payroll, and a 'company' category--are all shown graphically. Each task within a major area is represented as a labeled icon, making it is to start a new transaction from this screen. The 'company' link is a catch-all category, including general journal entries, the chart of accounts and tools for managing your data and accounting tasks.

Virtually every report that a small business could need is available in Sage 50.

Cons

I found Sage 50 to be glitchy in the past. I have spent too many hours on hold or on a call with their tech support.

I use the payroll-included version of Sage 50. I also have a support package. In all, that's not competitively priced. If it weren't for the fact that some clients have been using this software for years and are reimbursing me for the cost of the software, I would not be using it. QuickBooks is a better value.

Aubrey
  • Industry: Machinery
  • Company size: 11-50 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
0
Features
5
Ease of Use
5
Customer Support
0

5
Reviewed on 08/07/2022

Easy to Use

Generally positive. Very easy to use. I've been using it for about 8 months and have found it easy to navigate.

Pros

I like that you can delete journal entries if you posted it in error or need to make an adjustment. Other software would require you to do a separate journal entry to reverse the original entry. This software allows you to delete it as if it never happened. I like that because it helps keeps the GL looking clean.

Cons

I wish there was a faster way to drill into invoices/payments that are tied together.

Blake
  • Industry: Mining & Metals
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
3
Ease of Use
4
Customer Support
4

4
Reviewed on 31/08/2020

Good for relatively simple manufacturing businesses

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.

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