PROS: 

  • Simple and straightforward to use.
  • Streamlined and automated company financial administration tasks.
  • Allows remote access anytime to all financial files.
  • Amazing product support.

 

CONS: 

  • Only one user with cloud access can get to files at a time.
  • Pricier as compared to older Sage versions.

 

BOTTOM LINE: 

If you need reliable software in managing your business finances along with other administrative tasks, then Sage 50Cloud Pro Accounting is a great fit for you.

 

SUMMARY: 

Sage 50Cloud Pro is an online accounting and financial planning software that enables business owners to manage their financial processes better. This accounting solutions software will help users with inventory management, payroll processing, bills payment and invoicing, expense report management, and more. It does not just make everything more streamlined, it also saves business owners from unnecessary headaches and affords them more time for other business matters.

 


Sage 50c Pro Accounting

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What Is Sage 50Cloud Accounting Software? 

Sage 50Cloud Pro Accounting is complete accounting software that allows convenient and secure cloud use to manage business finances. This powerful software package is best for small businesses and medium-sized businesses alike. It syncs with your bank software and enables a real-time overview of one’s business finances. It allows for more accurate and organized financial reports which in turn allows business owners to make well-informed financial and business decisions. Plus, it’s quick to set up and easy to use.

The Sage 50Cloud Pro Accounting software may be a bit pricey for some. This is, however,  perfectly justified by the wide range of financial and administrative tasks you can conveniently do with the software’s help.

  • Receipts and Invoices

You no longer need to worry about getting paid on time. Send personalized invoices and track them to ensure that your cash flow won’t take a hit. You can also pull in documents including receipts automatically with live bank feeds.

  • Taxes

Sage 50Cloud Pro Accounting can also help you keep on top of your tax management as it keeps a live-running total of your tax liabilities. This will help you avoid incurring fines or even getting caught in legal cases.

  • Cash Flow

Keep close tabs on how much money is coming in and out of your business with the software’s simple and easy money management solutions. The software Payments and Banking tools allow business owners to get paid, pay others, and manage their overall finances with great ease.

  • Payroll

Payroll is yet another tedious and repetitive task that is a crucial part of running a successful business. Sage 50Cloud Pro Accounting is the perfect tool in ensuring that employees are paid right and on time. You simply need to enter the hourly pay or salaries and the software will handle all the calculations and have your employees’ payslips ready in a matter of minutes. Moreover, you can directly and efficiently track your payroll expenses and integrate them into your financial management.

  • Remote Access

This powerful accounting solutions software is greatly convenient due to cloud storage and access. This means that business owners can access their business’ financial data from anywhere, anytime. It will also be easier to share the data in real-time with your accountants or any core member of your team.

  • Customer Support

Sage 50Cloud Pro Accounting also boasts of 24/7 customer support in the event that users have any queries or issues with using the software.

 

How To Use The Sage 50Cloud Accounting Software

Accounting is a crucial aspect of any smooth-running business which makes having a powerful and reliable tool like Sage 50Cloud Pro Accounting crucial as well. Sage 50Cloud Pro is a highly efficient and accurate software that’s very easy to navigate and use.

Start having a streamlined financial management process with Sage 50Cloud Pro by purchasing a subscription plan and installing it to your desktop or server. Here are the things you should know.

  • The software must be installed on at least one computer system.
  • The Sage 50Cloud administrator (business owner or someone from your team or company) can choose to activate “Sage Drive” from within the software.
  • After activation, your Sage 50Cloud data is synced between your desktop or server and the secure Sage cloud server. This is a free feature even if you have multiple companies to sync or if you use up large space.
  • The Sage 50Cloud administrator can grant access in the cloud to up to five named users including employees or third-party such as your accountant. Every user can access the data anytime and anywhere. The only downside is that only one can access the data at a time.
  • Choosing not to activate the Sage Drive will result in the software running the same way as the previous Sage 50 version did.

 

Key Features of Sage 50Cloud Accounting Software

Here are Sage 50Cloud Pro Accounting software features that can help your business.

  • Streamlined automation of company financial management.
  • Real-time remote access to financial files.
  • Secure desktop and online access points.
  • Easy payroll processing.
  • Efficient cash flow records and in-depth inventory tracking.
  • Create personalized invoices, quotes, and orders.
  • Customizable dashboards.
  • Department, project, and budget analysis.
  • Bank feeds and reconciliations.
  • Tax liabilities tracking.
  • Electronic Tax/VAT submission to the administration.

 

Sage 50Cloud Accounting Software Pro Pricing

Sage 50Cloud accounting software offers several package options: Pro Account, Premium Accounting, Quantum Accounts. 

  • Monthly – As low as $33 p/month. 
  • Annually – As low as $340.00 annually.

 

Our Findings

Sage 50Cloud Pro Accounting Software is an easy-to-use yet powerful tool that a business should have. It’s extremely helpful in keeping tabs on a business’s finances. Here are the key points we found that may hopefully help you.

  • Remotely communicate with an accountant from a single platform.
  • Convenient payroll processing (from computation to payslip).
  • Conveniently track business cash flow.
  • Streamlined financial documents (from invoices, bank reconciliations, and everything in between).
  • Clear and accurate financial reports.
  • The software comes with a 1-user license which is good enough for small and medium-sized businesses.
  • Cloud access is possible anytime, anywhere, but can also be accessed by one user at a time.

 

96%
Usability

79%
Price

89%
Features

92%
Support