So, you are considering Sage 50 Cloud.
You’ll be wondering if it's a good choice for you, if its feature set compares well to other options on the market, and if it is priced affordably enough for what you get.
This article will break all that down for you and more.
Plus, at the end of the article you’ll find links to alternatives to Sage 50 Cloud as well as our top picks for the options in this category.
Or, just go straight to Our top picks for Best Accounting Software.
Without further ado, let’s get started.
Sage 50 Cloud Features
Sage 50 Cloud offers robust accounting and finance capabilities to enhance work efficiency. It reduces the time spent on admin tasks and provides substantial clarity on your performance. Moreover, Sage offers a vast ecosystem of business and customer relation tools, making 50 Cloud ideal for ever-growing businesses.
Here are some exclusive features of Sage 50 Cloud:
Cash Flow and Invoicing: Sage 50 Cloud offers a cash flow manager inside its platform, giving you instant updates on your cash flow. You can see your cash account balance and expected receivables or payables to get a clear image of your gross profit. Moreover, Sage 50 Cloud lets you get a granular look at your finances by customizing the cash flow settings.
Payments and Banking: Sage 50 cloud allows you to see the payable accounts and offers banking features like regular transaction feeds, account reconciliation and online payment. Moreover, you can eliminate the manual entry with Sage 50 Cloud as it's integrated with a pre-built asset management system.
Advanced Inventory Management: Sage 50 Cloud offers an inventory management system, allowing you to view quantities on hand and execute purchase orders accurately on time. You can track costs and product lists using Sage 50 Cloud to input transactions. Additionally, Sage 50 Cloud automatically computes the price and quantity by item code, adjusting the inventory accordingly.
Job Costing: Sage 50 Cloud offers greater insight into your ongoing jobs and projects, allowing you to see where you're spending your budget. Moreover, you can estimate the net revenue on every project, set up job records or print project reports for clients. Sage 50 Cloud lets you use cost codes and generate relevant information, enabling you to adjust the budget before the project completion.
Payroll: Sage 50 Cloud simplifies your payroll procedures by offering direct deposits and pay cards. You can monitor employee records and the tax status of the staff under your payroll. Sage 50 Cloud allows you to manage vacations or pay wages at an hourly rate within its accounting platform.
Sage 50 Cloud Pricing
Sage 50 Cloud offers 3 Pricing options for its accounting and payroll management tools.
The "Pro Accounting'' plan is priced at $33/month and offers one user account. Additionally, you can use invoice and bill tracking, Reporting tools and Sage Security Shield.
The "Premium Accounting" plan is priced at $55/month/user and is expandable to upto five user accounts. Additionally, you can use advanced budgeting tools, audit trails and industry-specific functionality.
The "Quantum Accounting" plan is priced at $91/month/user and is expandable to upto 40 user accounts. Additionally, you can do workflow management and use advanced job costing.
Sage 50 Cloud Discounts and Coupons
Sage 50 Cloud currently offers a 40% discount for its subscription plans. It's an unmissable deal for this powerful accounting platform, and we suggest you avail the offer by visiting the website.
Sage 50 Cloud Free Trial
Sage 50 Cloud does not offer a free trial for its accounting platform. However, you can use a cloud-hosted version with sample data.
Sage 50 Cloud, A short how-to guide
Once you login to your Sage 50 Cloud account, you'll be redirected to the dashboard section. Here you'll get insightful reports and process workflow of practical actions.
Click "Business Status" to analyze sales or monitor your assets, liabilities and key accounts. Go to "Reports and Forms" to see your financial statements, profitability, cash flow and general ledger.
Click on "Customers & Sales" to manage quotes and sales orders, organize customers and make payments or invoicing. Go to "Vendor & Purchases" to handle your purchase orders and vendors.
Click "Inventory & Services" to manage the inventory items, assemblies and reorders. Go to "Lists" and select "Jobs" to track your project statuses. Click on the "Apps & Services" tab to view the integration capabilities of Sage 50 Cloud.