Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.
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Sage Accounting
Score 9.1 out of 10
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Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos.
Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.
$19
per month
Pricing
Payroll by Wave
Sage Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Payroll by Wave
Sage Accounting
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Versions and pricing listed are for CA products. Versions available and pricing may vary by country.
* 2 months free to start, or free for 1 month to try, then $19/$43/$62 +tax/mo (tier depending). Offer valid for new customers only on monthly subscriptions of Sage Business Cloud Accounting. After the promotional period, the monthly subscription rate will renew at the then current rate. May not be combined with any other offers or discounts. To ensure continuous service the subscription plan is an automatically renewing plan. Subsequent months will automatically be billed to the same credit card each month on the anniversary date of purchase. Plans can be terminated at any time prior to the renewal data and not charged for renewal.
More Pricing Information
Community Pulse
Payroll by Wave
Sage Accounting
Features
Payroll by Wave
Sage Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Payroll by Wave
9.4
5 Ratings
13% above category average
Sage Accounting
9.3
19 Ratings
19% above category average
Pay calculation
10.05 Ratings
10.015 Ratings
Support for external payroll vendors
9.03 Ratings
00 Ratings
Off-cycle/On-Demand payment
9.03 Ratings
00 Ratings
Benefit plan administration
9.01 Ratings
9.312 Ratings
Direct deposit files
9.05 Ratings
8.812 Ratings
Salary revision and increment management
9.55 Ratings
9.410 Ratings
Reimbursement management
10.02 Ratings
9.112 Ratings
Customization
Comparison of Customization features of Product A and Product B
Payroll by Wave
-
Ratings
Sage Accounting
8.6
23 Ratings
12% above category average
API for custom integration
00 Ratings
9.120 Ratings
Plug-ins
00 Ratings
8.017 Ratings
Security
Comparison of Security features of Product A and Product B
Payroll by Wave
-
Ratings
Sage Accounting
9.7
42 Ratings
15% above category average
Single sign-on capability
00 Ratings
9.931 Ratings
Role-based user permissions
00 Ratings
9.539 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Payroll by Wave
-
Ratings
Sage Accounting
9.3
44 Ratings
17% above category average
Dashboards
00 Ratings
8.240 Ratings
Standard reports
00 Ratings
9.844 Ratings
Custom reports
00 Ratings
9.735 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Payroll by Wave
-
Ratings
Sage Accounting
9.1
64 Ratings
16% above category average
Accounts payable
00 Ratings
9.857 Ratings
Accounts receivable
00 Ratings
9.945 Ratings
Cash management
00 Ratings
9.853 Ratings
Bank reconciliation
00 Ratings
9.561 Ratings
Expense management
00 Ratings
9.934 Ratings
Time tracking
00 Ratings
6.611 Ratings
Fixed asset management
00 Ratings
8.428 Ratings
Multi-currency support
00 Ratings
10.018 Ratings
Multi-division support
00 Ratings
9.918 Ratings
Regulations compliance
00 Ratings
9.529 Ratings
Electronic tax filing
00 Ratings
9.735 Ratings
Self-service portal
00 Ratings
10.025 Ratings
Global Financial Support
00 Ratings
9.28 Ratings
Primary and Secondary Ledgers
00 Ratings
9.515 Ratings
Intercompany Accounting
00 Ratings
8.011 Ratings
Localizations
00 Ratings
8.39 Ratings
Journals and Reconciliations
00 Ratings
9.033 Ratings
Enterprise Accounting
00 Ratings
6.910 Ratings
Configurable Accounting
00 Ratings
9.318 Ratings
Centralized Rules Framework
00 Ratings
8.98 Ratings
Standardized Processes
00 Ratings
9.520 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Payroll by Wave
-
Ratings
Sage Accounting
6.9
17 Ratings
6% below category average
Inventory tracking
00 Ratings
6.717 Ratings
Automatic reordering
00 Ratings
8.36 Ratings
Location management
00 Ratings
5.77 Ratings
Manufacturing module
00 Ratings
7.05 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
My experience comes from the integration and development level, and Sage Accounting has been overall great to work with. The tools provided and support offered have been extremely useful for our implementations, and they continue to update and improve at a quick pace. Any issues we've encountered with integrations have either been resolved by Sage Accounting through updates, or different methods brought to us from support to handle those issues from a different angle.
An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
Pay day can be automated and straightforward.
Wave onboarding provides guidance at what information to input next until you are all set up.
Bank integration - being able to extract banking transaction into Sage Accounting.
Allocation rules - transactions are auto-allocated once allocation rules have been set up. This is a great time-saver.
Flexibility - the ability to view transactions, click on them to the allocation point and rectifying if required saves having to create journals, and therefore time. General ledgers therefore stay cleaner and more user-friendly.
Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
Option to further customize payroll statements
Add a per employee payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
I find it difficult to record journals in cloud accounting. Maybe I just don’t have the knowledge.
It’s important to export all unrecorded sync bank transactions to Excel to send to clients to explain the payment receipts before being posted. This function is not available on the cloud and makes life harder, having to call out the transactions to clients over the phone.
We're very happy with the functionality and overall experience of using Sage Accounting for our accounting needs. Currently, we are not even considering whether we would need to look around for a different option. The only things that would make us consider changing would be a significant increase in price or changes to the software which reduce it's ease of function.
There is so much on pastel that if you do not really take the time to learn, you might never completely utilize the software effectively. Software setup is not something you can really do on your own; however, there is always an active pastel team that makes sure you get all you need set up until you are good to go.
Sage has been always available when I want it. If there is any maintenance work to be done by the Sage team, you are told well in advance. Maintenance is generally carried out late at night or before the day begins for most of us. It continues to be the most reliable software I use.
Performance is top notch, if it is not, it is probably your wi-fi connection. It has happened that pages load slowly because of an error on Sage side but almost never. Overall reports load fine, the site is fast, navigation is fine. I have a client that has so many invoices, it is slow or gets stuck when you try to load a report for a whole year but it is just too many invoices, it makes sense. Just take 2 report for 6 months and combine them, its not an issue for me. I am happy with Sage Accounting's performance.
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
Sage Accounting are easy to contact and have knowledgeable and helpful staff. Whenever I've encountered a problem I've always been able to get assistance and guidance and it feels like the person at the end of the phone/screen knows the product well.
Staff are always friendly, and patient, always work at a speed that suits you. You are never rushed, and In only a short time they seem to be able to help you make great strides. It has been a pleasure not a chore, learning how SAGE Accounting works and benefits me and the company.
I find the online training was very informative and they answered all my questions. I am also certified in Sage One and provided online training in the program which I have set up several people on and they love how it keeps them organized.
The clients' business owner worked with Sage on implementation before I began working for them. After consultation with them it is clear the process was quickly performed and without complication. The key takeaway was that Sage is seen as a partner to the business. That said, it was always necessary to engage with an accountant such as myself to extract the best out of the software.
First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
Sage was just easier for me to use and more familiar for my staff, who had some experience with enterprise versions of Sage in the past. It became a no-brainer when I made the final decision about which package to go with.
The pricing structure is fair and offers good value for money. The billing is done through their online system and you can access your bills at any time. Most contacts only require 30 days' notice, so no need to feel tied in, although I can't imagine why you would want to leave Sage.
You can use Sage in your company for various aspects/positions such as bookkeepers, invoicing clerks, accountant, purchasing etc. Everyone can have their own user login and permissions can be set that specific people can do specific jobs without being able to access other peoples progress or accounts of the company.