What is Sage Accounting?
Sage Accounting is one of the UK’s bestselling online accounts software for small businesses and sole traders. Sage Accounting (previously known as Sage One) is easy to use accounting software to help you manage your business accounts and finances.
The Sage Accounting software is simple to use and is used online via the Cloud. Sage Accounting is available in three different versions, Sage Accounting Start, Sage Accounting Standard and the more advanced version Sage Accounting Plus. The software can be further enhanced by adding software apps from Sage marketplace.
One of the key strengths of Sage Accounting is that it integrates seamlessly with other Sage software modules, such as Payroll and popular addons such as AutoEntry, this brings you all the advantages of a streamlined and fully co-ordinated business.
Sage Accounting is hosted online in the Cloud by Sage, so you do not need to install the software onto your own computer. New software updates are automatically applied to Sage Accounting by Sage, so you are always using the latest version.
What are the Sage Accounting Key Software Features?
- Create and send sales invoices
- Track what you’re owed
- Automatic bank reconciliation
- Be Making Tax Digital Ready for VAT and HMRC
- Calculate and submit VAT online
- Forecast cash flow
- Manage purchase invoices
- Record expenses and snap receipts with AutoEntry
- Run detailed financial reports
- Manage and submit CIS
- Pay staff and manage Payroll
- Send quotes and estimates
- Built in GDPR compliance
- Unlimited users (with the Accounting Plus version)
Product Guides
Download the Sage accounting brochure and product guide
Comparison of Sage 50 and Sage Accounting (previously known as Sage One) – PDF
Getting Started with Sage One Accounting – Download PDF
To discuss the range of Sage finance and accounting products for Small to Medium sized businesses contact us on 0330 043 0140 or email us at info@alphalogix.co.uk
Sage Accounting - An Intro to Sage Accounting
What is Sage Accounting used for?
Sage accounting is software for managing for day to day accounting transactions for your business so you can keep on top of your taxes. It allows you to manage invoicing, cash flow, bank reconciliation, quotes, payments, expenses, snap receipts, purchase orders and payroll as well as submitting VAT returns online to HMRC.
- Sage Accounting enables you to easily manage your cash flow, invoicing and purchase invoices
- Quickly see what you’re owed, manage late payments, and schedule supplier payments.
- Track expenses and receipts using the Sage accounting AutoEntry module
- Speed up processing using the automated bank reconciliation feature in Sage Accounting
- Create and send personalised invoices, and give your business documents a professional edge
- Manage purchase invoices
- Sage Accounting software allows for simple, powerful VAT management
- Send quotes and estimates
- Manage and Submit CIS (Construction Industry Scheme)
- Quickly and easily calculate VAT
- Reconcile to only pay what you owe with Sage Accounting
- Automatically file returns securely online with HMRC
To discuss the range of Sage finance and accounting products for Small to Medium sized businesses contact us on 0330 043 0140 or email us at info@alphalogix.co.uk
Sage Accounting – An Introduction to Sage Accounting
What is Sage Accounting used for?
Why Use Sage Accounting?
- See your current financial position at any time
- Everything is in one place
- Work from anywhere with Internet connection
- Great value for money and you can spread the cost by paying monthly
- Frees up IT resources and reduces expensive IT overheads
- The solution requires nothing to install and is constantly updated by automatically applying software updates
- Real time financial data is available 24/7
- Manage payroll and employee payslips
- Sage accounting security is world class and is hosted at one of many Datacentres where you have protection against financial and accounts data loss
- No need to invest in expensive servers or data backup hardware
- Easily collaborate with your accountant and other Sage accounting users in your business
- Easily submit VAT returns online and is making tax digital compliant (MTD)
Sage Accounting: Enter expenses
What are the different versions of Sage Accounting?
Sage accounting is available in three different versions which are targeted towards specific business sizes. The three different versions are Sage accounting Start, Standard, and the most comprehensive feature rich version is Sage accounting Plus.
- Sage Accounting Start– ideal for sole traders with a maximum of 1 user.
- Sage Accounting Standard– has all the features of Start but has more features such as quotes and estimates and purchase invoices.
- Sage Accounting Plus– the most comprehensive version with features such as multi-currency and inventory.
Sage Accounting: Start Invoicing
What are the Features in Sage Accounting?
There are three versions of Sage Accounting which all have different levels of features and software functionality, the entry level version is Sage Accounting Start and the most advanced version is the Plus version.
What are the features of Sage Accounting Start?
- Create and send sales invoices
- Track what you’re owed
- Automatic bank reconciliation
- Calculate and submit VAT
- Be Making Tax Digital Ready for VAT
- Supports one user
What are the Features of Sage Accounting Standard?
- Create and send sales invoices
- Track what you’re owed
- Automatic bank reconciliation
- Calculate and submit VAT
- Be Making Tax Digital Ready for VAT
- Supports unlimited users
- Manage and submit CIS
- Run advanced reports
- Send quotes and estimates
- Forecast cash flow
- Manage purchase invoices
- Snap receipts with AutoEntry, 2 months free(2)
All three versions of Sage accounting are Making Tax Digital (MTD) compliant.
What are the features in Sage Accounting Plus?
- Create and send sales invoices
- Track what you’re owed
- Automatic bank reconciliation
- Calculate and submit VAT
- Be Making Tax Digital Ready for VAT
- Supports unlimited users
- Manage and submit CIS
- Run advanced reports
- Send quotes and estimates
- Forecast cash flow
- Manage purchase invoices
- Snap receipts with AutoEntry, 2 months free(2)
- Multi-currency banking and invoicing
- Manage inventory
Sage Accounting – Setup Banking
What is the cost of Sage Accounting?
Sage Accounting licence costs begin at £14 per month for the Sage Accounting Start edition, from £28 per month for Sage Accounting Standard version and from £36 per month for Sage Accounting Plus edition. The cost of Sage Accounting is based on a subscription only pricing plan (SaaS), where fees are paid on a monthly basis, for the latest pricing go to Sage’s pricing page.
What Industries Use Sage Accounting?
Sage accounting is targeted for use by small business owners, the self-employed and sole traders across a range of industry sectors, the most popular vertical sectors include:
- Agriculture
- Automotive
- Construction
- Creative
- E-commerce
- Finance
- Handymen
- Healthcare
- Hospitality
- Legal
- Manufacturing
- Non-profit
- Property
- Retail
- Self employed
- Transport
Sage Accounting: Using Dashboards
What are the Strengths and Weaknesses of Sage Accounting?
There are a large number of users for Sage accounting in the UK including many small business owners, however it is not ideal for larger businesses who have more complex accounting requirements and processes, and it is not very flexible or configurable.
What are the Strengths of Sage Accounting software?
- Easy to use and intuitive
- Offers simple cloud accounting core functionality
- Good value
- Easy to learn with the minimum amount of training needed
- Ideal for small business owners, sole traders and the self employed
What are the Weaknesses of Sage Accounting software?
- Lacks advanced accounting features
- Not very flexibly and customisable
- Cannot automate complex accounting processes
- Does not work well in larger SMB companies or medium sized businesses
- Does not adapt well for fast growing businesses who need an accounting system that adapts as they grow
What are the alternatives to Sage Accounting?
If you are looking for a more advanced finance and accounting software solution to replace Sage Accounting, you might want to consider either, Sage 50, Sage 200 or Sage Intacct.
These Sage accounting solutions are ideal for:
- Fast growing businesses that need a system that grows with them
- Companies who are outgrowing Sage Accounting or Sage One
- Companies who need a system that is tailorable
- Companies who need to manage their inventory and supply chain better
- Businesses that require flexible accounting periods
- Companies who deal with multi-currencies or have multi-locations
- Businesses with a large amount of financial transactions
To discuss the range of Sage finance and accounting products for Small to Medium sized businesses contact us on 0330 043 0140 or email us at info@alphalogix.co.uk
Frequently Asked Questions
Sage software is an accounts system the allows small business owners to manage accounting, invoicing, expenses, cash flow, bank reconciliation, inventory, multi-currencies, quotes and financials reporting as well as enabling you to submit tax returns online and be tax compliant, Sage also helps you to manage employee payroll.
The Sage Group Plc (Sage) is a provider of accounting and finance software for small, and medium-sized companies. The company manages and offers accounts and ERP solutions, payroll, HR, and payments solutions.
Request a Call Back to discuss the range of Sage Finance and Accounting Products
• Request a Free Consultation call or Meeting
• Organise a software demonstration
• Request Pricing or Organise a Quote
Why Choose Alpha Logix as a Sage Business Partner?
Founded in 1995, AlphaLogix is one of the largest and most established Sage business partners in the UK, our accounting experts are all fully accredited for Sage business cloud software solutions and can help you with your accounting software requirements.
We provide a wide range of Sage professional services for businesses including consulting, helping you to choose the best Sage solution, software setup, installation, configuration, report design, integration, data migration, upgrades, add-on apps and bespoke training courses.
What are our Sage Services?
- Sage implementation
- Software Configuration
- Sage Consultancy
- Report and dashboard design service
- Sage training
- Sage accounts layout services
- Data repairs and data migration services
- Integration with other business applications
- Sage hosting
- Installation and setup of add-on apps from Sage marketplace
- Website integration
- Sage e-commerce and Amazon integration
- Help desk and technical support
- Sage payroll setup and integration
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