Sage 50 Accounting Review 2024
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Sage 50 Accounting is desktop accounting software offered at three different pricing tiers. The higher-end plans will net you an increased number of users who can access the software as well as advanced inventory management, job costing, reporting and budgeting, plus some features specific to construction and manufacturing. Sage also offers a number of add-on products, so you can customize a complete Sage solution that works best for your business.
How much does Sage 50 Accounting cost?
Sage 50 Accounting is available in three versions. Standard pricing varies by number of users:
$61.92 per month, for 1 user, for the Pro Accounting plan.
$103.92 per month, for 1 user, for the Premium Accounting plan.
$177.17 per month, for 1 user, for the Quantum Accounting plan.
Prices increase with each additional user.
Note: The company sometimes runs online price specials for new annual subscribers.
Sage 50 Accounting plans and features
Pro Accounting
This straightforward software plan is designed for entrepreneurs, self-employed professionals and small businesses that require only one user.
Create and send bills and invoices.
Record and approve purchase orders.
Manage job costs and expenses.
Perform automated bank reconciliation.
Access basic financial reports.
Manage inventory.
Protect your business's data with Sage’s proprietary security offering.
Premium Accounting
The Premium plan includes more advanced features for small businesses with one to five users and includes all the capabilities of Pro, plus:
Manage change orders.
Access audit trails.
Get industry-specific features.
Gain advanced tools for budgeting, reporting, job costing and inventory tracking.
Quantum Accounting
The “full Sage 50 experience” offers support for up to 40 users. This plan includes all the features of Premium, plus:
Control access with role-based security.
Manage workflows.
Sage 50 Accounting security features
Sage50 Accounting enables users to create and assign roles with specific access rights, to control which features and functions are available at the employee level. Each Sage 50 plan also comes with free access to Sage Security Shield, a product designed to monitor your business credit as well as the dark web for mention of your business and its protected data. The service also provides you access to a fraud hotline and assistance with restoring your business should a data breach occur.
Sage 50 Accounting customer support
Sage 50 Accounting offers U.S. phone and chat support services from 9 a.m. to 8 p.m. Eastern time, Monday through Friday. Sage Q&A Live is available from 9 a.m. to 6 p.m. Eastern time, Monday through Friday. Support is available for customers with active Sage 50 licenses, and additional expert services are available for advanced topics and programs.
What solution add-ons are available?
Add-ons available for Sage 50 Accounting include:
Integration with Microsoft 365.
Multiuser remote data access to allow simultaneous teamwork.
AutoEntry data automation to eliminate manual data entry.
Self-service payroll with direct deposit capability.
Payment processing to accept online payments from customers.
Time tracking to capture more billable hours.
Checks and forms to eliminate manual formatting.
More from Sage
Sage offers other accounting products, including Sage Intacct, a subscription-based cloud-native product for midsize businesses, and a few products designed specifically for the construction industry.
NerdWallet independently reviews accounting software products before determining our top picks. We collect the data for our software ratings from products’ public-facing websites and from company representatives. Information is gathered on a regular basis and reviewed by our editorial team for consistency and accuracy.
NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business. The best accounting software received top marks when evaluated across 10 categories and more than 30 subcategories. Learn more about how we rate small-business accounting software.
These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most. We encourage you to research and compare multiple accounting software products before choosing one.
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