Content
Cloud-based accounting solutions do a good job of providing detailed templates for transactions, such as quotes, invoices, bills, and purchase orders. Sage 50cloud’s templates are slightly more complex because of its expansive capabilities and record capacity. An invoice, for example, could contain a field that assigns that transaction to a job and another indicating that the order should be drop-shipped.
So let’s look at what Sage 50cloud offers that Sage 50 does not. Based in Tulsa, OK, on-site service is provided in Oklahoma as well as northwest Arkansas and southwest Missouri.Telephone, remote, and email support is provided nation-wide. Clicking on some line items opens the underlying transactions. Reports take only a second or two to generate but may take longer if you have voluminous data to include. All Sage code is subject to review, where code is independently checked and scanned for flaws or vulnerabilities.
Sage 50cloud Accounting’s features
The first entry in the navigation menu takes you to My Dashboard, which appears empty at first because the dashboard is completely customizable. Most other small business accounting apps give you a prebuilt dashboard that may or may not be customizable. The dashboard page often contains a handful of charts and graphs that provide an overview of your company’s finances, like income versus expenses. Sage 50cloud Premium Accounting goes much further than that. Once you create a dashboard, it displays the financial elements you’ve chosen, each in its own window. However, the case is different when you pay for the cloud hosting of Sage 50’s desktop version.
Sometimes, urgent tasks come up and must be addressed without delay using Sage software. But you just can’t work on them if you are not in your office. Sage 50 offers a self-service Payroll option for businesses that want to handle Payroll internally. This add-on includes automatic tax table updates to ensure your employee withholding calculations are in line with U.S. labor laws. In addition, you can choose to pay your employees by direct deposit and take advantage of e-file options for payroll reporting. There’s easy online access to all payroll-related information, and a payroll wizard is available to walk you through the process of setting up your business.
Setting Up Sage 50cloud Accounting
When one of the users is logged into the Sage 50c account, others are using its full functionality on their local systems. It means they need a large enough local storage capacity to accommodate data files when not connected to the Sage Cloud. Alongside, the risk of losing these data files is still there, though it would be there for a shorter period until these users sync the data to the cloud one by one. It is another thing that differentiates the Sage 50c from the cloud-hosted alternative of Sage 50’s desktop version. Accessing Microsoft data anywhere anytime is a big task for everyone.
- Premium Accounting adds numerous features, such as industry-specific functionality and advanced budgeting and job costing.
- Sage 50cloud Accounting offers U.S. phone and chat support services from 9 a.m.
- Only one user can access the data saved in the cloud at a time, thus locking out all other users and not allowing them to work on the data simultaneously.
- You can modify them by checking and unchecking boxes to indicate which fields should appear on both the data entry screen and the printed form.
If you’re on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. Sage 50cloud $48.17 per month (when paid annually) and up. The following Sage 50cloud features require you to use MS-Office 365 Business Premium. At Sage, the source of our inspiration and innovation for Sage 50 (formerly known as Simply Accounting) never changes. Our mission is always driven by the energy and creativity of Canadian business owners pursuing their dreams.
ARE YOU A SAGE PARTNER?
As the users work on the cloud-hosted Sage 50 software, the data is stored in the cloud in real-time. When you want to host your Sage 50 accounting software, you must choose a reliable cloud service provider who will set things up for you. https://dodbuzz.com/running-law-firm-bookkeeping/ is easy-to-use accounting software for your business.
- In fact, Sage offers many of these more sophisticated apps with products such as Sage 100cloud, Sage 300cloud, and Sage Intacct.
- Each plan offers full accounts payable and receivable functionality, as well as inventory management, integrated payroll, and reports.
- It has some of the most thorough documentation I’ve ever seen.
- You can access help functionality from any screen in the application, and when that’s not enough, telephone, email, and chat support are available as well.
- Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.
You can return to the Customers & Sales screen to enter customer payments, process a return, or create a credit on a customer account. For quick reference, the screen also displays a customer list and a chart showing aged receivables. Each plan offers full accounts payable and receivable functionality, as well as inventory management, integrated payroll, and reports. Premium Accounting adds numerous features, such as industry-specific functionality and advanced budgeting and job costing. Quantum Accounting is the most sophisticated, with additional functions such as workflow management and role-based user permissions.
Sage 50cloud Is Not An Online Application
Sage 50cloud Premium Accounting offers templates for far more reports than any competing small business accounting app I’ve reviewed. Some are specialized for the construction, manufacturing, and distribution industries, but every one of the software’s modules is supported by reports, from receivables to payables, payroll, inventory, and jobs. There are numerous applications for this integration, including storage for uploaded documents, cloud backup, collaboration, and organization. Just as Sage 50cloud Accounting’s record forms let you perform related tasks directly from the data-entry screen, transaction forms help you save time by branching off into other tasks without leaving the current page. On an invoice, for example, you can receive payments, bring in existing time and expense tickets, and customize the layout.
The Customer and Sales navigation center provides access to all customer and sales tasks, quotes and proposals, sales orders, and sales invoices, along with a “receive money” option. Track expenses, send invoices, pay employees, manage inventory, receive payments, control cash flow and prepare taxes all in one easy place. Intuit QuickBooks Online Plus and Zoho Books Premium are our Editors’ Choice winners for SMB accounting. You don’t have to deal with the complexities and extra time required to access some of their data on a remote computer—it’s just always there.
A standard Windows menu runs across the top for people who are more comfortable using that kind of tool. The menu items take you to sections that you can also reach from the left-pane navigation menu, though the items are arranged differently, and the left pane doesn’t include everything. There’s more than one way to get to most tasks and data pages, which is fine if you understand that and choose your own preferred path. It can be confusing, though, if you think every navigation link is unique. While Sage 50c is different from getting the desktop version of Sage 50 hosted in the cloud environment, the final choice is yours that depends on your specific business needs. Once the Sage application and the data files are moved to the cloud, you can rest assured that all stays secured on the cloud.
- This will prevent you from having loads of customer accounts on your accounting system unnecessarily.
- Sage 50cloud Premium Accounting is a robust SMB accounting application with comprehensive financial tools and generous customization options.
- The Austrian and German versions of the product were formerly known as Sage GS-Office.
- Ultimately, it makes the end user feel confused about which one to choose.
- Once the connection is made, though, you can, for example, view a Sage customer from an email in Outlook and access their contact information, sales information and history, not to mention their payment and credit information.
