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Two problems but seems interesting
1. Many clients may deal with expenditure on a cash basis but still issue sales invoices on a weekly or monthly basis. What would these clients do? Go for the £5 option and fudge it or the £10 option? I think it would make sense to give these simple invoicing clients the £5 option and have a limit to the number of customers.
2. I have always liked the FreeAgent idea of uploading bank statements and fitting them into the accounts package rather than having to do a bank reconciliation.
Other than these two issues, I am impressed with the pricing. I still have to try out the package, though!
I hope they allow a demo version so that an accountant can run through the software with a client. It's much more effective than simply offering a trial to customers.
Could have fixed
@john - they could have fixed the bank thing using 3rd party services. Generally - being a Simplex D replacement is not enough.
Online Books with SageOne
If its anything to do with Sage, then no thank you. Arithmo for us. It may be £5 a month as an introductory offer but just wait until the take up hits the marketing department's targets. Up will go the price without any doubt whatsoever if past history is anything to go by.
No demo version?
As accountants club members, we get it free of charge but Sage cannot tell me at the moment how to log in and look at it as a demo does not exist. Apparently I can only view live clients' data but I cannot recommend it to clients as I have not tried the software myself. How do Sage expect us to sell this to clients?
I refuse to sign up for a free trial with my email address and financial details when I am already an accountants club member.
Is it worth the money?
If I understand correctly, there are two versions available to clients ...
For £60 + VAT per year, you get a "solution" that cannot handle invoicing, bank reconciliation or VAT. This is next to useless for most of my clients. I would rather they use a spreadsheet, which saves them £60 + VAT per year.
For £120 + VAT per year, you seem to get something that resembles an accounting package, but which does not have an aged debtors report and possibly other functionality that a business you really find useful.
This compares to a one off payment of £115 + VAT for Sage Instant, which includes aged debtor reports and for most small businesses does everything that the ridiculously over priced (upwards of £560 + VAT) Sage 50 does.
With the twin cash cows of Sage 50 and Sage Cover, I wonder whether Sage will ever have the incentive to develop a competitive online solution. For online solutions, I think I will be looking first at Xero and Kashflow - they have no legacy cash cows to protect.