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Sage 50cloud Accounting

Sage 50cloud Accounting

What Is Sage 50cloud Accounting?

Sage 50cloud Accounting (formerly Peachtree Software) is a comprehensive accounting solution for small business. Designed for security, compliance and cloud-connected productivity. Popular features include detailed profitability tracking, cash flow forecasting, customized reporting via Microsoft Excel, advanced inventory tracking and automated bank reconciliation.

Who Uses Sage 50cloud Accounting?

Sage 50cloud Accounting is for all types of small and medium businesses

Sage 50cloud Accounting Software - Banks feeds
Sage 50cloud Accounting Software - Analytics overview
Sage 50cloud Accounting Software - Reconciliation
Sage 50cloud Accounting Software - Cash flow management

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Reviews of Sage 50cloud Accounting

Average score

Overall
3.9
Ease of Use
3.8
Customer Service
3.5
Features
3.7
Value for Money
3.5

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Jonathan
Jonathan
Head of Business Development in UK
Verified LinkedIn User
Information Technology & Services, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Suberb Accounting Product for start ups/ SMEs

5.0 2 months ago

Comments: Excellent product, great support, available to use anywhere
Highly recommended if you are looking for a blend of desktop/ cloud accounting experience.

Pros:

Ease of use Intuitive Great reporting suite Integrates easily into other applications Gives visibility into financial health and growth plans easily to allow us to focus on core business activities

Cons:

Need add-on's for customer management Need add-on's to get ready made dashboards and set kpi's

Chris
President in US
Information Technology & Services, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Sage 50cloud - Good Small Business Accounting solution

4.0 2 years ago

Comments: 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.

James
Engineering Manager in
Electrical/Electronic Manufacturing, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source
Source: SoftwareAdvice

Major limitations for everything but the most simple operations

1.0 7 years ago

Comments: 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).

Luiza
Manager in Romania
Newspapers, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

Cloud accounting

4.0 3 weeks ago New

Comments: Very easy to use, overall Sage 50cloud Accounting is a great accounting mate.

Pros:

If you are used to Sage is very easy to use and setup. It includes a lot of helpful features and great reporting features. Support is great.

Cons:

Sometimes the loading speed is just awful (my internet connection is very fast, do not blame my side), slow loading. UI can be upgraded a little, but this is not a deal breaker.

Warren
General Manager in UK
Computer & Network Security, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Sage Accounts - The complete solution

4.0 last year

Comments: We have used Sage for years, and have no intention of moving. We're used to it's GUI and it just works.

Pros:

There's so much to like. The interface, although hasn't changed for a number of years, is incredibly easy to use. The screens are quick to move around, and the support, should you need it, is awesome. Really friendly guys on the phone and sympathetic.

Cons:

The fact that there isn't a mobile App is disappointing. We have also found that the latest Windows builds are incredibly heavy on the CPU and RAM, which makes for older PCs to be a problem.