What is Sage 50 Accounts? Finance Software – AlphaLogix (2023)

Sage 50 Accounts | Sage 50cloud

A Quick Overview of Sage 50
Accounting Software

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What is Sage 50?

Sage 50 Accountsis nowSage 50cloudAccounts and is the UK’s bestsellingaccounts softwarefor small to medium sized businesses. Sage 50 (previously known as line 50) is a sophisticated accounts solution that gives you completefinancialcontrol of yourbusiness.

The Sage 50 Accounts software solution is highly flexible and configurable and can be used online via the Cloud or installed on your own server as On-premise. Sage 50 can be further enhanced by adding extra modules from the Sage 50suiteof products or adding apps from theSage marketplace.

One of the major strengths of Sage 50 is that it integrates seamlessly with other modules in the Sage 50 range, such as:Payroll, HR, Sage 50 P11D,Manufacturing, Forecasting andCRM!, this brings you all the advantages of a streamlined and fully co-ordinated business.

As your business develops and grows you can upgrade your Sage software or add different modules from the Sage 50 range to provide a complete and flexible business management solution.

Related Information

Download the New Sage 50 Product Guide and Brochure in PDF format
Download our Migration guide for Upgrading from Sage 50 to Sage 200
Sage 50 vs Sage 200 comparison

The Digital CFO Report – A Recent survey by Sage, in partnership with the FT Group – PDF

Contact us on020 8050 3216or email us atinfo@alphalogix.co.ukto discuss Sage 50 or to organise a meeting, consultation call, demonstration or personalised quote.

(Video) Sage 50 Accounts Overview

Sage 50 Accounts

Managing your company’s finances can be a complicated and time-consuming task, and by using a sophisticated accounting solution such as Sage 50 accounting will help you manage all aspects of your financials, from creating professional looking invoices to submitting VAT returns online to HMRC.

Easily manage your Cash flow and Invoicing

  • Sage 50 enables you to easily manage your cash flow and invoicing
  • Quickly see what you’re owed, manage late payments, and schedule supplier payments.
  • Speed up processing using Sage 50 by connecting to your bank account and download information directly into Sage.
  • Create and send personalised invoices and quotes, and give your business documents a professional edge
  • The Sage 50 accounts software allows for simple, powerful VAT management.
  • Quickly and easily calculate VAT.
  • Reconcile to only pay what you owe with Sage 50
  • Automatically file returns securely online with HMRC.
  • Relax knowing that you’re up to date with the latest VAT legislation Is MTD ready.

Sage 50 Accounts (UK) - VAT - Online submissions

Save time, and work from anywhere with Microsoft Office 365

  • Keep your Sage 50 data secure through automatically backing up to the cloud. Stay connected, access key information and process transactions on the go.
  • Surface Sage 50 Accounting data in Outlook, and get powerful financial reporting in Excel.

Integrate Sage 50 with Microsoft Office 365

Open up to integrated payments

  • Get paid on time, every time by automating payment collection using Direct Debit from GoCardless within Sage 50
  • Get paid directly from the Sage 50 accounting invoices that you send with a simple “Pay now” button that allows your customers to pay with just a click via PayPal, Stripe or Sage Pay.
  • Keep on top of your cash flow and make reconciliation simple by downloading transaction data from your bank to Sage 50 using direct bank feeds.

Control Stock and Inventory with Sage 50

  • Perform stock takes with Sage 50 Standard and Professional and automatically update stock levels.
  • Create multi-product builds with Sage 50 Professional and keep control of your assets with stock valuations and audits.
  • Know when stock is running low and create orders quickly

Sage 50cloud Accounts (UK) – Submitting Your MTD VAT Return

(Video) Sage 50 Accounts | Sage line 50

Just some of the many features and benefits of Sage 50 include:

  • Manage income, cash flow, expenses and payments
  • Connect to your bank account for easy reconciliation
  • Create quotes and professional looking invoices
  • Seamless integration with Office 365
  • Submit VAT returns online to HMRC
  • Manage stock and product information
  • GoCardless integration
  • Powerful dashboards and financial reports
  • Create purchase orders and sales orders
  • Trade in multiple currencies
  • Manage multiple departments and budgets
  • Secure cloud access and backup
  • Track project expenses, profits and project revenue
  • Connected Users

Sage 50 Overview

Is Sage 50 Actually in the Cloud?

Sage has now rebranded Sage 50 accounts as Sage 50cloud to reposition itself as a major online and cloud provider of accounting software. However many companies still want to install the software on their own servers and desktops as they prefer to have control over all aspects of their IT.

There are two different deployment methods for Sage 50, many businesses are now choosing to use the Cloud version which is hosted by Sage using their secure datacentre, and the other popular deployment method is to use the on-premise version which allows you to install the software on your own servers and networks.

What is the Difference between Sage 50 Accounts and Sage 50cloud?

Sage 50cloud is basically the same as Sage 50 Accounts, Sage rebranded Sage 50 to focus more on the fast growing Cloud accounting software market, they initially named the software Sage 50c but later changed the name to Sage 50cloud.

Because Sage 50cloud covers all the latest product releases it has many new features and product enhancements over older versions of Sage 50 Accounts

What is the Difference Between Sage 50 Professional and Sage 50 Standard

There are two versions available for Sage 50, Standard and Professional (previously there were three, Essentials, Standard and Professional).

Sage market the Standard version as a simple desktop accounting solution with invoice and cash flow management, whilst Sage 50 Professional is the top of range accounts solution with in-depth stock, multi-currency and advanced reporting.

Contact us on020 8050 3216or email us atinfo@alphalogix.co.ukto discuss Sage 50 or to organise a meeting, consultation call, demonstration or personalised quote.

Both Standard and Professional have all the features you would expect in an advanced accounts software solution however Professional allows you to create sales and purchase orders, trade in multiple currencies and track project income, expenses and profit, read more aboutSage 50 Professional features.

Sage 50 Standard– Straightforward, simple to set up and easy to use.

  • Add up to 2 users & manage up to 2 companies
  • Easy to set up and manage your accounts
  • Manage invoices, cash flow, banking, customers
  • Manage sales, suppliers, stock and VAT

Sage 50 Professional– Advanced accounting and invoicing solution.

  • Add up to 20 users & manage unlimited companies
  • Ideal for growing businesses who trade abroad
  • Advanced software offering the ultimate in financial control
  • Bank reconciliation, automatic VAT submissions and advanced stock control
  • Manage customers and suppliers, including creating and processing sales and purchase orders
  • Track project finances
  • Trade in multiple currencies

Sage 50 Customer Success Case Study – DPR Motorsports

British motorsports company DPR shows its winning streak with Sage 50. DPR has built thirty of the top-performing cars in the Caterham Motorsport Championships. Operations are split between the workshop and the main UK racetracks.

Thanks in part to Sage 50, DPR is excelling. The company has developed a winning formula for business success based on a deep understanding of the customer and a firm commitment to team excellence.

(Video) What is Sage Accounting?

DPR Motorsports uses Sage 50 to keep a close eye on its business both on and off the race track, with powerful stock and inventory management updated in real-time from any race location, plus simple but effective bank reconciliation that provides improved financial transaction accuracy.

We could not run our business without Sage, efficiently or otherwise.”

“When customers ask you a question, you’ve got to be able to provide the answers. Recording the customer data in Sage gives you the ability to get the information out accurately.”

Derrick Rowe, CFO, DPR Motorsports

Sage 50 Customer Success Case Study – DPR Motorsports

Contact us on020 8050 3216or email us atinfo@alphalogix.co.ukto discuss Sage 50 or to organise a meeting, consultation call, demonstration or personalised quote.

Does Sage 50 use SQL?

The simple answer is no. One of the most common reasons why Sage 50 users move to other accounts systems is because of database performance when handling large amounts of financials transactions, it uses its own propriety database and does not use a high performance database such as Microsoft’s SQL (Sequential Query Language).

Because Sage 50 does not use SQL, over time the speed and performance of the database might decline as the number of transactions in the database increases. This can also create challenges for your business if you want to run advanced queries, consolidate information or run detailed reports on your accounts data.

What is Sage 50 Accounts? Finance Software – AlphaLogix (4)

How Much Does Sage 50 Cost?

Sage has changed the way you can purchase Sage 50 recently. You can now only purchase either the Cloud version or the On-premise version via a monthly subscription pricing plan (you can also pay using a pre-pay annual plan which will save you some money),read more about costs.

The cost of purchasing Sage 50 depends on the number of users that you require as well as the number of companies (Standard has up to 2 companies, and Professional has the option of unlimited companies) you want to manage the accounts for, example pricing below:

Sage 50 Standard Pricing – For Two Companies

  • 1 Core User £65 per month
  • 2 Core Users £77 per month

Sage 50 Professional Pricing – For Ten Companies

  • 1 Core User £132 per month
  • 5 Core Users £139.50 per month
  • 10 Core Users £147 per month
  • 20 Core Users £157 per month

Sage 50 Integration with other Sage Products

(Video) Moving from Sage 50 Accounts to Sage 200

One of the key strengths of Sage 50 is its ability to seamlessly link in with other Sage products and add on modules. By integrating Sage 50 with other Sage products further enhances its flexibility and functionality. Sage 50 links in with the following Sage products.

  • Sage Pay
  • Sage CRM
  • Sage Salary and Employee Payments
  • Sage CIS Module
  • Sage 50 Payroll
  • Sage Pensions Module
  • Sage 50 Manufacturing
  • Sage 50 HR
  • Sage 50 P11D
  • Sage 50 CRM

Sage 50 Payroll Overview

Contact AlphaLogix to Discuss our Sage 50 Services or to Book a Sage 50 Consultation Call or Meeting

AlphaLogix is one of the largest and most established Sage business partners in the UK, our accounting experts are all fully accredited for Sage 50 and can help you with your accounting software requirements.

We provide a wide range of Sage 50 services for businesses including software setup, installation, configuration, report design, integration, data migration, upgrades, add-on apps and bespoke training courses.

If you are considering Sage 50 for the first time or are looking to upgrade we will provide you with a free initial consultation and personalisedSage 50 demo<as well as fully justified costs and pricing for your requirements.

Sage 50 Consultancy and Services

Our dedicated Sage 50 accounting experts are committed to ensuring you get the most from your software investment and we offer the following professional services at affordable prices.

  • Sage 50 setup and implementation
  • Configuration
  • Consultancy
  • Report and dashboard design service
  • Bespoke Sage 50 training
  • Sage 50 accounts layout services
  • Data repairs and data migration services
  • Sage e-mail setup – you will no longer need to print and post your documents such as statements and invoices
  • Integration with other business applications
  • CIM 50 for Manufacturing
  • Hosting Sagein the Cloud
  • Installation and setup of add-on apps for Sage 50
  • Website integration
  • Sage e-commerce and Amazon integration
  • Help desk and technical support
  • Sage payroll setup and integration
  • Plus, lots more.

Contact us on020 8050 3216or email us atinfo@alphalogix.co.ukto discuss Sage 50 or to organise a meeting, consultation call, demonstration or personalised quote.

Sage 50 Consultancy and Services

Our dedicated accounts experts are committed to ensuring you get the most from your software investment and we offer the following Sage 50 services:

  • Implementation
  • Support from our technical help desk
  • Sage 50 Development services
  • Consultancy
  • Sage 50 Dashboard and Report Design Service
  • Training
  • Migration from other accounts systems
  • Software integration
  • Hosting for Sage
  • A proactive and dedicated support team
  • Ecommerce and website integration
  • Amazon integration

Call us today to organise a demo on 020 8050 3216 or email us atinfo@alphalogix.co.uk. We will help you through every step of the implementation process, including training and support.

Further Information

Sage 50

Sage 50 Payroll

Upgrade from Sage 50 to Sage 200

Sage One

(Video) What is Sage One?

What is Sage 50 Accounts? Finance Software – AlphaLogix (6)

FAQs

What is Sage 50 accounting software used for? ›

Sage 50 (previously known as line 50) is a sophisticated accounts solution that gives you complete financial control of your business. The Sage 50 Accounts software solution is highly flexible and configurable and can be used online via the Cloud or installed on your own server as On-premise.

Is Sage 50 Accounting software Easy? ›

Sage 50 is an easy to use Accounting Software solution for small to medium size businesses.

What is Sage used for in finance? ›

Sage accounting is a set of small business management tools that offers accounting, payroll, payments and time-tracking tools for small businesses and sole traders. Sage Accounting is part of the Sage Business Cloud product range.

Is Sage 50 accounts the same as Sage 50 Cloud accounts? ›

Sage 50cloud is the newer and more feature-rich version of Sage 50. In this blog, we give you an idea of the added functionality of Sage 50cloud, letting you make a decision that's right for YOU! The first point to make is that Sage 50 is not being 'pushed out' by Sage 50cloud.

What type of software is Sage 50? ›

Sage 50 is easy-to-use accounting software with support included in all pricing plans. Sage 50 is part of Sage Business Cloud. The lowest level Sage software plan is Pro Accounting for only one user that includes a basic accounting program and bookkeeping features.

How long does it take to learn Sage 50? ›

You can learn how to use Sage 50 Accounts within as little as six hours, and you'll have access for 12 weeks from the day you start.

Is Sage difficult to use? ›

Cons of using Sage

Very difficult and time-consuming to set up. Each business needs to find a Sage expert to get the most out of the programme. Not easy to use so staff will need training. Users that are not accountants tend to have a hard time navigating the system.

Is Sage 50 complicated? ›

This program is more complex than many accounting software programs, which may make hold less appeal to simpler, smaller businesses, but if you have employees working remotely, it offers great functionality. In short, Sage 50Cloud allows you to automate processes, so you can concentrate on your core business.

Is it hard to use Sage? ›

Sage 50 is an easy to use online accounting software solution for small and medium sized businesses. Sage 50 offers features such as accounts payable, accounts receivable and cash flow management.

Is sage software Easy? ›

Yes, we recommend small businesses purchase accounting software to help automate your finances with features like expense and payment tracking, invoicing, and remote access. Sage Accounting is easy to use and setup to immediately save time, improve cash flow, and get you paid faster.

Where is sage most commonly used? ›

In the United States and Canada, sage is best known as an ingredient in traditional Thanksgiving stuffings and turkey dishes. One of the best, and most common, pairings for sage is browned butter, which makes for the perfect addition to indulgent pasta dishes or simple chicken and vegetable recipes.

Is sage a financial software? ›

Sage Accounting is a cloud-based small-business accounting software. With two affordable plans to choose from, Sage Accounting offers essential bookkeeping and accounting features, comprehensive reporting and inventory tracking.

Do you have to pay for Sage 50? ›

Costs for Sage 50 Standard

The Standard version can only be purchased by a subscription pricing plan where you can pay monthly or purchase an annual plan. Costs include a support plan with Sage or your chosen Business Partner, but do not include training or setup costs.

Where is Sage 50 data stored? ›

Open Sage 50 Accounts and the relevant company. On the menu bar, click Help then click About. In the Program Details area, the location of where the data is held is shown under Data Directory.

Is Sage 50 still used? ›

Sage have announced that they will be making some essential security updates to Sage 50cloud Accounts on 30 September 2022 which means anyone running version 26.2 or below will not be able to use their software beyond this date.

Is Sage 50 a personal finance software? ›

What is Sage 50cloud Accounting? Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees.

Why is it called Sage 50? ›

Sage offer different products under the Sage 50 name in different regions. The product name originally derives from the UK and Ireland version of the product where the number 50 indicated that it was aimed at companies with up to 50 employees.

What is the meaning of Sage software? ›

What Does Sage Do? Essentially Sage are software developers focusing on developing solutions specifically designed to help businesses. Originally Sage focussed on developing software for Accountants, but over the years their product range has expanded dramatically.

Can I learn Sage for free? ›

FREE Accounts and Payroll Learning. Hundreds of FREE courses available across all Sage products to help you unlock your software's full potential. From getting started for beginners to advanced topics for more experienced users, we've got you covered.

How much does a Sage course cost? ›

Sage 50c Computerised Accounting Course (Level 1)

Exam Fees Per assessment or per level including Registration: £175.

How do I learn Sage mode? ›

sage mode is taught in two places: Mount Myoboku by the toads and at Ryuchi cave by the snakes. To acquire sage mode, the user must keep their body still to become one with nature and balance the natural energy around them with their own physical and spiritual energies.

Why do accountants use Sage? ›

Sage accounting systems are quick and efficient, which makes them much more cost effective than paper based accounting as the work requires less hourly paid work. Furthermore, the systems are usually issued at a very low monthly subscription cost.

How does Sage accounts work? ›

To learn more, search for “Working with foreign currencies” in the Help. Sage Simply Accounting uses linked accounts to update all related accounts automatically when you process a transaction. Linked accounts reduce the amount of time you spend assigning amounts to your accounts whenever you process a transaction.

Is Sage 50 good? ›

Sage 50cloud Accounting can be a great choice for both small and growing businesses. Though not really suited for very small businesses or sole proprietors, Sage 50cloud Accounting offers three plans: Pro, which is a single-user system with limited features. Premium, which supports up to five users.

How long is the Sage 50 exam? ›

Exams last 1 hr and are taken online, so you have the flexibility of where and when you choose to take the exam.

Can I use Sage 50 without Internet? ›

If you choose to Work offline, all other sites should stop posting until this site reconnects. In Sage 50cloud Accounts v27, if users continue to work in this company at the remote sites, any postings they make from this point will be lost when the main site reconnects.

What's the difference between Sage 50 and Sage accounting? ›

Sage 50 and Sage One are both market leading accounts packages from Sage UK in their respective target markets. Sage One (also known as Sage accounting) is great for very small businesses and sole traders, whilst Sage 50 is targeted to small to medium sized businesses.

What are the pros and cons of Sage? ›

Sage Pros & Cons
ProsCons
Desktop, cloud, and mobile accessDifficult to learn
Great for entrepreneurs and very small businessesLimited data storage
Multiple company functionalityPoor customer service
Strong reporting featuresNo payroll or time tracking
2 more rows

Is Sage similar to Excel? ›

- In Sage you can have as output formula; in Excel not. - Finally, Sage has access to a huge set of routines, packages, classes and functions. Excel is limited. In total: Excel is a great tool for a simple problem where you can swiftly get nice output.

What computer do I need to run Sage? ›

Recommended hardware

2 GB RAM (4 GB RAM if running a 64-bit operating system) • 2GHz processor or higher • 5GB of free disk space • 1Gbps network (100mbps minimum) • Screen resolution of 1024 x 768 Performance will be improved with higher specification computers and networks.

Which is easier to use QuickBooks or Sage? ›

Choose Sage if you need unlimited users and automated tasks. QuickBooks is ideal for small businesses that need advanced features, such as 1099 contractor management and mileage tracking. It's also best for more complex Enterprise needs, provided you don't need more than 40 users.

How do you prepare sage? ›

To cook with fresh sage, remove the leaves from the stems, rinse with cold water, and dry well. Cut according to the recipe instructions; sage leaves are often sliced into chiffonade, chopped, or minced. Dried rubbed sage and powdered sage can be measured out and simply added to the recipe.

Why is sage called sage? ›

Sage's botanical name comes from the Latin word "salvere," meaning "to be saved." Once prized for its medicinal value, the most popular use of sage these days is in the stuffing for a holiday turkey.

What is the best kind of sage to use? ›

Also known as Sacred Sage, Bee Sage or California Sage, White Sage smudges are the most widely used smudging sticks. Many people regard this as the 'Holy Grail' of smudging and won't consider any other herb stick. White Sage smudges give out a sweet, herbaceous and slightly astringent aroma when burned.

Which software is used for financial accounting? ›

Most Popular Finance Management Software 2022
  • QuickBooks.
  • Kissflow Finance.
  • Zoho Finance Plus.
  • Xero.
  • Oracle Financials Cloud.
  • Sage Intacct.

How many people use Sage accounting software? ›

Our customers trust our finance, HR and payroll software to make life easier for everyone. Sage Intacct alone manages 65 million customer records and 35 million vendor relationships.

What are the requirements for Sage 50? ›

Minimum requirements
  • Processor operating at 1.0 GHz or higher (2.0 GHz recommended)
  • 4 GB RAM. ...
  • 4 GB hard disk space (additional 1 GB needed for installation)
  • Latest version of Internet Explorer.
  • Microsoft® supported version of Windows 8.1, or Windows 10 (with the latest updates from Microsoft)
1 Oct 2021

What type of database is Sage? ›

Sage includes the ZOPE object oriented database ZODB, which “is a Python object persistence system. It provides transparent object-oriented persistency.” Sage also includes the powerful relational database SQLite, along with a Python interface to SQLite.

How many users does Sage 50 have? ›

Multi-User - Sage 50 Premium can be licensed for up to 5 users. Security - To provide the control needed with multiple users, Sage 50 Premium lets you set access levels of None, View Only, Add, Edit, or Full, for each screen for each user.

Where is the balance sheet in Sage 50? ›

To view a balance sheet report, open the Report Centre in the Home window, select Financials, Balance Sheet, and then the balance sheet report by name. Click Display.

What is the latest Sage 50 Account? ›

2 and below, you must ensure you upgrade to a newer version of Sage or move to a different accounting software before 30 September 2022. Accounting software provider Sage has recently advised that after 30 September 2022, Sage 50 Accounts and Sage 50cloud Accounts v26.

What type of companies use Sage software? ›

Who Uses Sage Software?
  • Retailers. Retail and hospitality operations are using Sage solutions in practical and varied ways. ...
  • Contractors. Sage has specially designed software products for contractors and construction companies. ...
  • Human Resources. ...
  • Project Managers.

What is the meaning of Sage accounting software? ›

A Sage accounting system is a computerised package that has numerous facilities to process your financial information. The system collects your information, classifies it and then summarises the data in an accessible way to allow the user to view their financial information in simplistic terms.

Is Sage software Easy? ›

Yes, we recommend small businesses purchase accounting software to help automate your finances with features like expense and payment tracking, invoicing, and remote access. Sage Accounting is easy to use and setup to immediately save time, improve cash flow, and get you paid faster.

What type of system is Sage? ›

Well, Sage is one of the world's leading accounting programs and enterprise resource planning (ERP) software. The main software solutions Sage offers are Accounting, Human Resource Management and Payments & Payroll.

What database does Sage 50 use? ›

Your Sage 50 Accounting data is stored in a MySQL database.

Why is Sage 50 good? ›

Sage 50cloud Accounting is a robust small business accounting application with comprehensive financial tools and generous customization options. Its integration with Microsoft 365 makes it a hybrid solution: local, hard drive-based software that can share data with productivity applications via the cloud.

Does Sage use Excel? ›

Sage 50cloud Accounts integrates with Microsoft Excel, making it quick and easy to send accounts data from most windows straight to Excel. You can then manipulate the data to suit your business needs. Let's get started.

Is Sage a good accounting software? ›

Sage and QuickBooks are strong contenders, which is why they're both on our list of the best accounting software. Both of these solutions include mobile apps, an easy-to-use interface, reports, invoicing and payroll options. Depending on which plan you choose, they can also be comparable in price.

What is the difference between Sage and Sage 50? ›

Sage 50 and Sage One are both market leading accounts packages from Sage UK in their respective target markets. Sage One (also known as Sage accounting) is great for very small businesses and sole traders, whilst Sage 50 is targeted to small to medium sized businesses.

Is Sage a financial software? ›

Sage Accounting is a cloud-based small-business accounting software. With two affordable plans to choose from, Sage Accounting offers essential bookkeeping and accounting features, comprehensive reporting and inventory tracking.

What is Sage Online used for? ›

Cloud-based Sage accounting software helps you manage tax returns and comply with legislation. Trusted by thousands of customers around the world, our cloud-technology also enables financial reporting, creating invoices, processing payments in the office or the go.

Videos

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4. Sage Intacct - What is it?
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5. Sage Intacct - What is it Used For?
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6. ACT integration to Sage 50 - with AlphaLink
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