Sage 50cloud Accounts
Pricing
£20/mo for single company Essentials edition; £60/mo for Standard edition (two companies); and £125/mo for Professional version (10 companies)
Functionality
Integration
Firm size
- Small
- Medium
- Large
Free trial
Key Features
- The Sage 50cloud Accounts edition is the existing desktop Sage 50 Accounts that links to live data on Sage Drive
- Multi-functional bookkeeping tool handles accounting, inventory and payments
- Can adapt for most business and transaction volumes
- Batch transaction posting supports quick input of non stock transactions
- Audit trail ensures ledgers can't be altered without being recorded
- Invoices can be raised directly from sales orders
- 'Pay Now' button lets customers pay quickly via PayPal, Stripe, Sage Pay or direct debit via GoCardless
- Invoicing and cashflow reports show what you're owed and help manage payments
- Stock and inventory tools track stock levels, valuations and audits, alerting you when stocks run low
- Bank account information can be downloaded into Sage
- Flexible chart of accounts and departmental reporting
- Professional edition includes project budgeting, accounting and reporting features
- Work remotely with Microsoft Office 365 and see Sage data in Outlook
- Accounting data can be automatically backed up to the cloud
Product screenshots
What Sage Accountants says
Sage 50cloud automates processes to let businesses and accountants spend more time doing what they do best.
With Sage Drive and Sage 50cloud client manger, you can work on the must up to date data in real time and get a single view of your entire client base in one place.
Cash can be automatically collected via direct debits, while integration with SagePay, Stripe or Paypall will allow customers to pay in a quick and easy way.
Direct bank feeds automatically pull information from the business users’ bank account with rules to ensure transactions go exactly where you want with no intervention. Automatic reconciliation can speed up this process, so all it needs is your OK.
Don’t worry about compliance, with 50cloud we’ll ensure we are always updating to make new or changing compliance requirements as easy as possible for you and your client. With 50cloud client manager you are covered for MTD for VAT, with a simple but comprehensive VAT reconciliation process to make the switch as easy as possible.
Whether its support for your business or your clients we’re here to help. We are committed to adding value to your practice and will provide you with the tools you need to support your clients and offer services to support them directly if that’s what you would prefer. We’re committed to working together to ensure that you and your clients have everything you need for business success.
What users say about Sage 50cloud Accounts
Read user reviews- Regular updates
- Can generate invoices direct from sales orders
- Quick to input invoices without the need for drop down boxes
- It is complete, there’s no need to use any add ons
- It is multi-functional and can be adapted for any business
- Ease of use
Pros
- The edit functions are limited
- Stock doesn’t update from purchase orders
- VAT reports don’t work for EC sales
- P&L and balance sheet could be improved
Things you might change
Functionality
- Can generate invoices directly from sales orders
- Quick to input invoices without the need for drop down boxes
- It is complete, there’s no need to use any add ons
- It has a fixed audit trail so it can't be altered without leaving a trail
- It is multi functional and can be adapted for any business
- Reports can be dropped into Excel
Pros
- Stock doesn’t update from purchase orders
- VAT rounding gives strange 1p differences on sales invoices
- VAT reports doesn’t work for EC sales
- P&L and balance sheet could be improved
Things you might change
Support
- Support takes a long time to answer
Things you might change
Ease of use
- Simple and logical
- Easy to understand
- It’s straightforward to use
Pros
- The user interface could be improved
- It isn't too friendly a package those who aren’t IT minded
- Reports and templates are hard to make
Things you might change
Value for money
- High price
Things you might change
What AccountingWEB says
It’s been a very tough year for Sage, with a revolving door of executive changes and a loss of focus on some of its core UK brands.
Confusion around product branding may have depressed Sage’s results in this year’s software survey. The company’s flagship program, formerly known as Sage 50 Accounts, has re-emerged as Sage 50cloud Accounts to illustrate its online data storage capabilities.
But the name change can’t obscure the impact of the cloud revolution on Sage’s mainstay accounting application. With HMRC signalling its intentions for making tax digital, small businesses and practitioners have drifted away from the desktop. That has reduced Sage 50’s share of the overall small business accounts population and seen it become more of a mid-market accounting platform, where it continues to support a network of third party programs.
As the training foundation for many accountants and bookkeepers Sage 50 is still woven into the fabric of the UK profession, but that hold is visibly weakening. That process may be accelerated by in-house developments, where features that set the desktop program apart are being written into the restyled Sage Business Cloud Accounting app.