Sage Business Cloud Accounting is a cloud-based accounting solution. It is formerly known as Sage One and has a sister app called Sage 50cloud. The solution has an add-on service that lets users integrate it with Sage 50cloud, merging two brilliant tools and allowing accessibility and cloud storage for all accounting data. This lets users access the appealing and easy-to-navigate dashboard fortified with wide-ranging data visualization of transactions. Also, the summary tab on the software’s dashboard offers users a graphical view of their expenses, sales, cash flow, and forecast cash flow. The solution’s functionalities include customer purchase history, supplier purchases, and bank statement imports that let you administer your cash flow and banking. Since it is a mobile-friendly app, users can view their data using their log-in credentials on their Android or iPhone devices. Users can even search customers, connect with them, and send quotes to them. Map links are also available to help users find their way going to the company’s location. The basic ‘income and expense’ monitoring is also available.
Benefits.
The main benefits of Sage Business Cloud Accounting are, it helps small corporations manage their accounting process, it allows multiple reports, links credit cards and bank accounts, and accessible in mobile device. Here are more details of its benefits:
This software is created for small corporations to help them with their expense management, accounting, compliance management, and project accounting processes. Users can manage any payment process such as statements, invoices, price quotes, and estimates. Other functionalities included are automatic sales tax entry, multiple price levels, and analysis by department and project.
Users can access their accounting data in one dashboard to stay updated on the important process of the business finances. It can even compute taxes based on the transaction date. Also, the software can perform cash flow forecasting. Each interface is labeled and the tabs for dashboard summary display starter tasks and graphs with a customized range of dates.
Users can come up with estimates and easily convert them into invoices. Logo customization and templates for invoices are also enabled. You can customize the tax displays and delivery dates, and add terms and notes. Also, you can manually enter billable expenses and times to invoices. Above all, you can enjoy the benefits of tracking bills, managing vendors, and entering information regarding inventory.
The biggest benefit it offers is you are allowed to run multiple reports and link your credit cards and bank accounts with the software. You can even make invoices on the go using your mobile devices. The platform is integrated with several third-party software to make payment processing easy. On the software’s website, you can find helpful information to guide you on how to use Sage Business Cloud Accounting. You can even purchase training programs at Sage University.
Pricing.
As a web-based accounting solution, Sage Business Cloud is priced on a monthly subscription basis.
- Sage Business Cloud Accounting Start: $10 per month
- Sage Business Cloud Accounting: $25 per month
You can also sign up for a 30-day free trial of either of these plans.
Sage 50cloud Pricing:
In comparison to Sage Business Cloud Accounting, the Sage 50cloud cost is a little more complex.
With this Sage solution, you’ll have can opt for a monthly or an annual subscription — with a discounted rate if you choose to pay annually. Additionally, with Sage 50cloud Premium and Quantum, your price will vary based on the number of users you require.
- Sage 50cloud Pro Accounting: $50.58 per month or $503.95 per year
- Sage 50cloud Premium Accounting: $78.25 per month for one user (or $778.95 per year)
- $99.33 per month for two users (or $995.95 per year)
- $126.00 per month for three users (or $1,259.95 per year)
- $158.41 per month for four users (or $1,579.95 per year)
- $185.16 per month for five users (or 1,843.95 per year)
- Sage 50cloud Quantum Accounting: $131.66 per month for one user (or $1,316.95 per year)
- $165.16 per month for two users (or $1,649.95 per year)
- $197.58 per month for three users (or $1,981.95 per year)
- $231.08 per month for four users (or $2,313.95 per year)
- $251.08 per month for five users (or $2,508.95 per year)
- $342.58 per month for 10 users (or $3,431.95 per year)
- Quote-based pricing for 11 or more users
Moreover, with any of the Sage 50cloud plans, you have the option to add Microsoft 365 to your account for $150 per year.
Pros.
Keeping in mind all of the specifics regarding Sage accounting software and the different options available, let’s discuss the most noteworthy benefits and drawbacks of these accounting solutions.
Here are two advantages to consider:
Customization Opportunities:
One of the most notable benefits of Sage accounting software is the opportunity for customization that Sage provides. With two unique web-based solutions, as well as multiple versions of Sage 50cloud, you have the ability to explore various Sage accounting products — each with particular features and cost — and find the platform that will work best for your business.
More specifically, in addition to simply deciding between web vs. desktop solutions, within each of these suites, you have different plans to choose from, depending on your needs, and — in the case of Sage 50, you can choose between monthly and annual subscription prices.
With one of the most robust catalog of products, therefore, Sage accounting gives you an impressive ability to find and customize the solution that will best accommodate your business bookkeeping and accounting needs.
Advanced Features:
The next highlight is, in fact, tied to the customization opportunities that Sage offers. Within the various Sage accounting products, especially the Sage 50cloud solutions, Sage provides some particularly robust functionality, with advanced features that rival QuickBooks Desktop.
Although the Sage 50cloud options are, without a doubt, some of the more expensive accounting software plans out there, they can offer capabilities for budgeting, job costing, auditing, and automated workflows, as well as industry-specific features.
Therefore, if you have a larger or quickly growing business and need your accounting software to accommodate more advanced needs, Sage accounting offers a variety of products that may serve you well.
Cons.
Now that we’ve covered the positives of Sage accounting software, let’s look at the downsides. Although individually, Sage Accounting Business Cloud and Sage 50cloud may have unique downsides, as a whole, the drawback of the Sage accounting suite can be summed up as such:
Costly and Geared Toward Large Businesses:
Although the advanced features of Sage 50cloud may be a benefit for some, there’s no doubt that overall, the Sage accounting products are costly and geared toward larger businesses.
With all of the different platforms that Sage offers, they only produce two accounting software plans that are suitable for smaller businesses, those within the Sage Business Cloud Accounting suite. This being said, with all of the other products Sage accounting provides, between Sage 50cloud, Sage Intacct, and more, there are many more options for larger businesses that can afford an expensive, enterprise-level solution.
Moreover, when it comes to the two Sage Business Cloud Accounting plans, both are pretty simple and straightforward — and while their basic accounting tools may work for small businesses, there’s nothing to say that there isn’t a comparable or preferable solution available from another provider, as we’ll discuss below.
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