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. The solution includes high-level dashboards and in-depth reports.
$61.92
per month per user
SlickPie (discontinued)
Score 9.0 out of 10
Small Businesses (1-50 employees)
SlickPie was free online accounting software designed for small businesses, offering online invoicing and billing, multicurrency, financial reporting, bank reconciliation, automatic payment reminders, and source document upload.
SlickPie provided an automated data entry tool that let people use their phone cameras to convert the information from receipts and bill to digital data. It also enabled users to set up recurring invoices to…
$0
per account
Pricing
Sage 50
SlickPie (discontinued)
Editions & Modules
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
Starter
$0
per account
Offerings
Pricing Offerings
Sage 50
SlickPie (discontinued)
Free Trial
Yes
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Annual billing plans also available for all products.
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More Pricing Information
Community Pulse
Sage 50
SlickPie (discontinued)
Features
Sage 50
SlickPie (discontinued)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50
8.9
18 Ratings
14% above category average
SlickPie (discontinued)
-
Ratings
Pay calculation
10.017 Ratings
00 Ratings
Benefit plan administration
8.712 Ratings
00 Ratings
Direct deposit files
8.113 Ratings
00 Ratings
Salary revision and increment management
8.913 Ratings
00 Ratings
Reimbursement management
8.913 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 50
10.0
12 Ratings
27% above category average
SlickPie (discontinued)
9.0
2 Ratings
16% above category average
API for custom integration
10.010 Ratings
8.02 Ratings
Plug-ins
10.011 Ratings
10.01 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50
8.9
26 Ratings
7% above category average
SlickPie (discontinued)
8.5
2 Ratings
2% above category average
Single sign-on capability
9.021 Ratings
9.02 Ratings
Role-based user permissions
8.723 Ratings
8.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 50
9.8
28 Ratings
22% above category average
SlickPie (discontinued)
8.5
2 Ratings
8% above category average
Dashboards
9.327 Ratings
9.01 Ratings
Standard reports
10.028 Ratings
8.02 Ratings
Custom reports
10.027 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50
9.2
31 Ratings
17% above category average
SlickPie (discontinued)
8.5
2 Ratings
9% above category average
Accounts payable
10.030 Ratings
7.02 Ratings
Accounts receivable
10.029 Ratings
8.02 Ratings
Cash management
8.929 Ratings
9.02 Ratings
Bank reconciliation
10.029 Ratings
9.02 Ratings
Expense management
8.527 Ratings
9.01 Ratings
Time tracking
8.313 Ratings
00 Ratings
Fixed asset management
6.918 Ratings
00 Ratings
Multi-currency support
7.011 Ratings
9.01 Ratings
Multi-division support
9.014 Ratings
8.02 Ratings
Regulations compliance
9.013 Ratings
00 Ratings
Electronic tax filing
9.815 Ratings
9.02 Ratings
Self-service portal
9.011 Ratings
00 Ratings
Global Financial Support
9.04 Ratings
00 Ratings
Primary and Secondary Ledgers
10.06 Ratings
00 Ratings
Intercompany Accounting
8.77 Ratings
00 Ratings
Localizations
10.06 Ratings
00 Ratings
Journals and Reconciliations
9.218 Ratings
00 Ratings
Enterprise Accounting
10.07 Ratings
00 Ratings
Configurable Accounting
9.98 Ratings
00 Ratings
Centralized Rules Framework
9.85 Ratings
00 Ratings
Standardized Processes
9.912 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50
9.4
17 Ratings
25% above category average
SlickPie (discontinued)
-
Ratings
Inventory tracking
10.017 Ratings
00 Ratings
Automatic reordering
8.910 Ratings
00 Ratings
Location management
10.08 Ratings
00 Ratings
Manufacturing module
8.98 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 50 Accounts is well-suited for small to medium-sized enterprises, where there is a moderate number of expenses and invoices that need processing, typically by a company with a smaller finance team. Sage 50 is probably less suitable for a large organisation that needs to handle a higher volume of transactions and manage significant stock levels.
In my opinion, SlickPie is best suited for small business owners and freelancers, especially service-based ones. If that's your case, then it's a no-brainer. However, if you are a bigger enterprise or if you are not a service-based business, then it might not be the best choice for you. Still, the software is free to use, so you might just give it a try anyway.
We can build "templates" for recurrent charges/invoices. This saves some time and also ensures that we always use the right accounting rubric.
A lot of additional information can be filled out such as client information (name, address, ...) which makes the software a little more complete.
If you don't need an updated version every year (my case) then the software is not too expensive. The pro version that I'm using was just a little over $300.
I really like the banking statement consolidation which allows you to ensure you got the right information registered.
Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
Fixed assets management module needs to be included with unlimited number of fixed assets.
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
It saved me and me lots of time. it is free for smaller organizations or freelancers. it has Android, iPhone and iPad support. It has many features for Account management related tools and features. we can upload documents, print as per requirements. it has other features like Billing & invoicing, contact database, cash Management which can help in many ways.
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
It is a time saver for Account related things and it has a Billing & invoicing feature which helps us to generate bills and prints directly or share online. It has a very well designed dashboard where we can do our daily work. and it is free for freelancers and small companies so need to worry about money
We implemented Sage 50 Premium Accounting in house, not using any third party or professional service. It was a relatively trouble free process, but can be tricky. Just read all instructions carefully, especially if you need to load the program on a network with more than one user
As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
Before shifting to SlickPie I was using QBO, so I guess I'll list it as a competitor. However, since SlickPie offers me 80-90% of QBO's features for free I can't really say QBO is a relevant contender.
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.