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Sage 50 Accounting

3.9 (414)
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Cloud-based accounting tool for small and midsized business

About Sage 50 Accounting

Sage 50 Accounting (formerly Peachtree Software) is a cloud and mobile-based accounting solution for small and midsized businesses. 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 are also offered.

Sage 50 Accounting 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. It also offers vendor, inventory and job management functionality. Advanced features tailor to certain industry segments, such as construction, distribution and manufacturing businesses.

Pricing starting from:

US$124.42/month

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Sage 50 Accounting

  • Access contact details, customer balance information, credit limits, and order history from anywhere by syncing Microsoft Outlook contacts and Sage 50 Accounting contacts.

  • Accept payments on the go by combining Sage 50cloud with Sage Payment Solutions in order to accept secure and compliant payments from anywhere.

  • Link directly to bank accounts to record sales and receipts in real time and check up on what the business is owed, schedule supplier payments, and more, with tools for cash flow and invoicing.

  • Sage 50 Accounting's add-on solution for stock and inventory management enables organizations to automatically update stock levels, and control assets through stock valuations and audits.

  • Work and collaborate from anywhere with applications such as Word, Excel, PowerPoint and Outlook through seamless integration with Microsoft Office 365.
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Markets

    Australia, Canada, France, United Kingdom, United States

    Supported Languages

    English, French, Spanish

    Pricing starting from:

    US$124.42/month

    • Free Version
    • Free Trial
    • Subscription

    Images

    Sage 50 Accounting Software - Sage 50 Accounting automatically sync Microsoft Outlook contacts
    Sage 50 Accounting Software - Sage 50 Accounting manage cash flow and invoicing
    Sage 50 Accounting Software - Sage 50 Accounting Microsoft Office 365 integration
    Sage 50 Accounting Software - Sage 50 Accounting calculate taxes and automatically file returns
    Sage 50 Accounting Software - Sage 50 Accounting perform stock takes and automatically update stock levels
    Sage 50 Accounting Software - Sage 50 Accounting  real-time business insight
    View 7 more

    Features

    Total features of Sage 50 Accounting: 85

    • "What If" Scenarios
    • Access Controls/Permissions
    • Accounting Software
    • Accounts Payable Software
    • Accounts Receivable Software
    • Activity Dashboard
    • Activity Tracking
    • Approval Process Control
    • Audit Management
    • Audit Trail
    • Bank Reconciliation
    • Batch Processing
    • Billing & Invoicing
    • Billing Portal
    • Budgeting/Forecasting
    • Cash Flow Management
    • Cash Management
    • Collaboration Tools
    • Contact Database
    • Contingency Billing
    • Customer Statements
    • Customizable Branding
    • Customizable Invoices
    • Customizable Reports
    • Customizable Templates
    • Dashboard Software
    • Data Import/Export
    • Drag & Drop
    • Dunning Management
    • Electronic Payments
    • Encryption Software
    • Estimating
    • Expense Claims
    • Expense Tracking
    • Financial Analysis
    • Financial Management Software
    • Financial Reporting Software
    • Fixed Asset Management Software
    • For Small Businesses
    • Forecasting
    • Fund Accounting Software
    • General Ledger
    • Hourly Billing
    • Income & Balance Sheet
    • Inventory Management Software
    • Invoice Creation
    • Invoice History
    • Invoice Management
    • Invoice Processing
    • Key Performance Indicators
    • Mobile Access
    • Mobile App
    • Mobile Payments
    • Multi-Currency
    • Online Invoicing
    • Online Payments
    • Order Management Software
    • Payment Collection
    • Payment Processing Software
    • Payroll Management
    • Profit/Loss Statement
    • Project Accounting Software
    • Project Billing
    • Purchase Order Management
    • Purchasing & Receiving
    • Quotes/Estimates
    • Real-Time Data
    • Receipt Management
    • Receivables Ledger
    • Recurring Payments
    • Recurring/Subscription Billing
    • Remote Access/Control
    • Reporting & Statistics
    • Reporting/Analytics
    • Revenue Recognition
    • Sales Order Management
    • Sales Tax Management
    • Spend Management Software
    • Supplier Management
    • Tax Calculation
    • Tax Management Software
    • Time & Expense Tracking
    • Transaction Management
    • Trend Analysis
    • Vendor Management Software

    Alternatives

    Show more details

    Xero

    4.4
    #1 Alternative to Sage 50 Accounting
    Xero is an award-winning online accounting software designed for small business owners and accountants, available on...

    NetSuite

    4.2
    #2 Alternative to Sage 50 Accounting
    NetSuite AI-powered accounting simplifies the process of recording transactions, managing AP and AR, and closing the...

    Sage Intacct

    4.3
    #3 Alternative to Sage 50 Accounting
    Sage Intacct’s core financials automate your most important processes, reduce your reliance on spreadsheets, and give...

    QuickBooks Online

    4.3
    #4 Alternative to Sage 50 Accounting
    QuickBooks Online offers accounting with financial dashboards, invoice creation, online payment acceptance, expenses...

    Overall rating

    3.9 /5
    (414)
    Value for Money
    3.5/5
    Features
    3.7/5
    Ease of Use
    3.8/5
    Customer Support Software
    3.5/5

    71%
    recommended this app
    Sort by

    414 Reviews

    Barry
    Barry Show more details
    Overall rating
    • Industry: Accounting Software
    • Company size: 2–10 Employees
    • Used Daily for 2+ years
    • Review Source Show more details

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support Software
    • Likelihood to recommend 10.0 /10

    28 Years and counting

    Reviewed on 2022-07-26

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

    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 50 Accounting

    Desktop based and interating with my add in software The Analyser.
    Laura
    Overall rating
    • Industry: Accounting Software
    • Company size: 2–10 Employees
    • Used Daily for 2+ years
    • Review Source Show more details

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support Software
    • Likelihood to recommend 10.0 /10

    Laura Lee Bookkeeping Love Sage 50

    Reviewed on 2024-05-04

    I have used Sage 50 for over 20 years & I do not ever expect to stop using it in my professional...

    I have used Sage 50 for over 20 years & I do not ever expect to stop using it in my professional career. It is ideal software for many of my clients.

    Pros

    It's so clear to review entered transactions & run any kind of report you like.

    Cons

    Some of the third party software plugins do not work so well as they do with other softwares.

    Alternatives Considered

    QuickBooks Online and Xero

    Reasons for Switching to Sage 50 Accounting

    I personally prefer it over some of the others available for clarity & reports. Plus short cut keys & batch processing allow speed of entry which others do not.

    Response from Sage

    Hi Laura, we're delighted to hear about your longstanding trust in Sage 50. Your feedback on third-party plugins is invaluable, thank you for choosing Sage. I would like to invite you to join our customer advocacy program to connect more on your experience. Plus, you can access exclusive events, content and unlock Sage rewards. Please use this link: https://en.sagechampions.com/join/Gartner to join! Thanks, Bethany McDermott, Sage Customer Marketing Manager - Reviews

    Steven
    Overall rating
    • Industry: Accounting Software
    • Company size: 51–200 Employees
    • Used Monthly for 2+ years
    • Review Source Show more details

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support Software
    • Likelihood to recommend 2.0 /10

    Sage50 Cloud

    Reviewed on 2024-11-25

    Poor overall, its not a soultion for cloud accounting at all

    Poor overall, its not a soultion for cloud accounting at all

    Pros

    Sage50 is still one of the best accoutning products on the market

    Cons

    This is not great for cloud functionallity, too many drop outs or data issues with the connections

    Response from Sage

    Thank you for your feedback, Steven. We're glad to hear that you appreciate the core accounting features of Sage 50cloud Accounting. We understand your concerns about the cloud functionality and connectivity issues. Your input is valuable to us, and we will take it into consideration as we continue to improve our services. If you have any further comments or questions, please let us know.

    Happy
    Overall rating
    • Industry: Health, Wellness & Fitness
    • Company size: 11–50 Employees
    • Used Daily for 1+ year
    • Review Source Show more details

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support Software
    • Likelihood to recommend 10.0 /10

    Sage 50 Accounting: Balancing the Books with Precision

    Reviewed on 2024-05-06

    Pros

    Easy to use and very great interface for new users.

    Cons

    Might need some prior knowledge or short training.

    Alternatives Considered

    QuickBooks Enterprise

    Reasons for Switching to Sage 50 Accounting

    Nothing comes close to its simplicity and elegance.

    Response from Sage

    Hi Happy, thank you for your glowing review of Sage 50cloud Accounting. We're thrilled to hear about your positive experience and appreciate your choice over alternatives. Thanks, Bethany McDermott Customer Marketing Manager at Sage

    Sam
    Overall rating
    • Industry: Construction
    • Company size: 51–200 Employees
    • Used Daily for 2+ years
    • Review Source Show more details

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support Software
    • Likelihood to recommend 8.0 /10

    Great product for a small entity - but you will outgrow

    Reviewed on 2024-04-16

    Good product for an SME but will outgrow it.

    Good product for an SME but will outgrow it.

    Pros

    Simple to use, flexible with ODBC connection possible.

    Cons

    Not actually cloud based, connection to server can be slow.

    Alternatives Considered

    Xero

    Reasons for Switching to Sage 50 Accounting

    Better to use up to Trial balance. Xero is ok day to day but not great for management accounts.

    Response from Sage

    Thank you for your feedback, Sam. We're glad Sage 50cloud Accounting meets your needs and appreciate your insights on its scalability. We're continually working to improve our solutions for growing businesses like yours. I would like to invite you to join our customer advocacy program to connect more on your experience. Plus, you can access exclusive events, content and unlock Sage rewards. Please use this link: https://en.sagechampions.com/join/Gartner to join! Thanks, Bethany McDermott, Sage Customer Marketing Manager - Reviews

    Sage 50 Accounting FAQs

    Below are some frequently asked questions for Sage 50 Accounting.

    Sage 50 Accounting offers the following pricing plans:

    • Starting from: US$124.42/month
    • Pricing model: Subscription
    • Free Trial: Available

    Versions: Sage 50cloud Pro Accounting: $340/year Sage 50cloud Premium Accounting: $510/year Sage 50cloud Quantum Accounting: $842/year Microsoft Office 365 integration is available for $150/year

    Sage 50 Accounting has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    Sage 50 Accounting supports the following languages:

    English, French, Spanish

    Sage 50 Accounting supports the following devices:

    iPad (Mobile)

    Sage 50 Accounting integrates with the following applications:

    AutoEntry, Avalara, BILL Accounts Payable & Receivable, BQE CORE Suite, Credit Hound, Fortis, Microsoft 365, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Paya, QCommission, REALTRAC, Stripe, Time Tracker, VeriClock, sales-i

    Sage 50 Accounting offers the following support options:

    FAQs/Forum, Knowledge Base Software, Phone Support, 24/7 (Live rep), Chat

    Related categories

    See all software categories found for Sage 50 Accounting.

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