Sage Accounting: How Can It Help Streamline Your Finances?

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Streamlining Your Finances With Sage Accounting

Sage Accounting is an accounting software for small businesses and is based on the cloud. The software service comes at affordable pricing, and the company offers essential accounting and bookkeeping features. Furthermore, there are useful inventory tracking and comprehensive reporting procedures. In this article, you will get a review of this software system.

The first part of the article will consist of a general overview of Sage Accounting and what it offers. Then, we will discuss the packages and pricing options that are available with the software. Furthermore, you will learn the major features that this accounting platform offers and why the software can be a great addition to your business.

Finally, we will share with you some of the essential pros and cons of this accounting platform. Hence, to learn in detail about the software, read on through to the end of the article.

Contents

Sage Accounting Software – A General Overview

Sage Accounting Software – A General Overview

Basically, Sage is a useful finance/accounts software that comes with all the essential features required for the daily business operations of a small business. Also, it comes with basic accounting features like invoicing, business reporting, business management, automatic bank reconciliation, and many more.

According to Forbes.com,

Sage accounting is a software program that allows small business owners to track their income and expenses in multiple currencies, as well as track inventory and manage invoices. This accounting software is suitable for microbusinesses and freelancers seeking a platform for keeping their accounts organized.

Furthermore, with the help of Sage Accounting, you will have better control of your account processes, including bookkeeping, invoicing, and more. This will ensure that the cash flow processes are going correctly. As a result, these factors, in turn, will help you to get your payment faster in a single platform.

Sage Accounting Packages And Prices

Sage Accounting Packages And Prices

Although some may compare Sage Accounting with software systems like FreshBooks and QuickBooks, the latter ones come with top-notch user experience, better integration options, and built-in mileage tracking. However, one cannot deny that this accounts software is affordable and is a great option for small businesses that do not need a lot of features to perform daily account operations.

The following are the major pricing options for Sage Accounting that you must know:

PlansPrice
Sage Accounting Start$10 per month
Sage Accounting$7.50 per month

Here is the pricing of Sage 50 Accounting:

PlansPrice
Pro Accounting$520.20 per year (for one user)
Premium Accounting$873.00 per year (for one user)

However, once you try to purchase, you will get a free trial for 30 days, where you can check all the features of the software and check whether it is a good option for your business or not.

What Are The Major Features Of Sage Accounting?

What Are The Major Features Of Sage Accounting_

Comparing Sage Accounting to top accounting software options like QuickBooks, FreshBooks, and Xero, NerdWallet.com writes,

Although Sage Accounting offers more than 20 reports at an affordable price, some competitors, like QuickBooks Online and Xero, offer a wider selection if you need to dig deeper, albeit at a higher cost.

Provided the price point, Sage Accounting comes with a great number of features that can be helpful for your business. The following are the major features of this accounting platform from which you can benefit from:

  • It comes with quality invoice management options as well as payment tracking.
  • The bill payments feature comes with automated report generation.
  • The inventory tracking feature works quite well.
  • There are Sage Accounting Courses available for people who want to become experts in software.
  • Multi-currency support is one of the major features that is a great option at this price.
  • The mobile app lets you access the work from remote places.

Why The Sage Accounting Can Be A Great Addition To Your Business?

Why The Sage Accounting Can Be A Great Addition To Your Business_

If you only want the basics and require simple finance/accounting software with essential tools, you must choose Sage Accounting for your business. The software has the capability of streamlining all the accounting-related operations. Furthermore, this accounting platform is easy to use and comes with a simple setup for the organization.

According to BusinessNewsDaily.com,

No two accounting software users have quite the same amount of prior experience. Sage Accounting knows this, and it offers the most in-depth setup and user guides we encountered while researching accounting software. From its very structure to the resources that accompany it, Sage Accounting is designed for simplicity.”

Provided you have budget constraints, Sage is a great software option to choose for your business if you are happy with the essential and basic tools related to finance/accounting.

Major Pros And Cons Of Sage Accounting

Major Pros And Cons Of Sage Accounting

Every software system comes with its own pros and cons. However, based on the type of business and demands, it can be good for one and not good for another. Before you purchase software, it is essential for you to learn its pros and cons.

Pros

The following are the major pros of this accounting platform from which you shall benefit from:

  • The plans are quite affordable, and monthly payment options are available.
  • Unlimited users can access one system.
  • Inventory tracking is amazing and robust.
  • Helpful customer support.
  • Ability to support multiple currencies.
  • Ability to integrate with other third-party apps.
  • Comes with a fully-featured Mobile app for remote access.

Cons

Here are a few cons that you might face:

  • Unlike top accounting software systems, this one does not come with a time-tracking feature
  • Options to customize reports are limited.
  • The interface is not attractive and looks dated.
  • Limited third-party integration options.
  • One must opt for a plan to get access to receipt capture services and other essential services.

Summing Up

Hope this article was helpful for you in getting a better idea of Sage Accounting. Although it is not the best accounting software that you will come across, it comes at an affordable price, and some of the essential features are enough for small businesses. However, for businesses that are continuously growing, this app is not the best one. What are your own reviews of this accounting platform? Share your views with us in the comments section below.

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