What is Sage 50?
Sage 50 accounts software (previously known as Sage 50 Cloud) helps you to manage your accounting and finances. It helps businesses to manage invoicing, customers, suppliers, cash flow, bank reconciliation, expenses, quotes, multi currencies, stock, purchase orders, financial reporting and electronic payments, as well as enabling you to submit VAT returns online to HMRC and be tax compliant.
Sage 50 is the market leading UK accounts software developed by Sage aimed at smaller businesses and gives you complete control of your finances. Sage 50 is “Cloud connected” so you can access your financial data online.
Key Software Features
- Manages Accounting and Finances
- Manage cash flow, income, expenses and payments
- Supplier Payments included to streamline your payments
- Create professional personalised invoices and quotes
- Inventory Management
- Financial and Management Reporting
- Submit VAT returns online, Making Tax Digital (MTD) compliant
- Sage Payroll integration
Sage 50 Download Guides
Download the Sage 50 Accounts Product Guide and Brochure in PDF format
Sage 50 Accounts Pricing List Download – Excel Format
Sage 50 vs Sage 200 Feature Comparison – PDF
Download the Sage 50 vs Sage Intacct comparison guide
The Fundamentals of Accounting Guide PDF
Contact us on 0330 043 0140 or email us at info@alphalogix.co.uk to discuss Sage 50 or to organise a consultation meeting, consultation call or a personalised Sage 50 demonstration.
Request a Call Back to Discuss Sage 50
• Request a Free Consultation Call or Meeting
• Request a Demonstration or to Discuss Pricing
Sage 50 Accounting Overview
What is Sage 50 Accounts software used for?
Sage 50 Accounts software helps you to manage your business accounting and finances. It helps you to manage invoicing, customers, cash flow, bank reconciliation, stock, purchase orders and electronic payments. Sage 50 Accounts helps you to submit VAT returns online to HMRC and also get a real time a real-time view of your business performance on a personalised dashboard.
Why use Sage 50 accounting software?
With cloud capabilities, Sage 50 gives you secure access to your accounting data online so you can work remotely and allows you to collaborate with other users and your accountant.
What are the benefits of Sage 50?
Sage 50 offers several benefits, including income and expense management, cash flow and stock insights, bank account linking, seamless Office 365 collaboration, customer connections, secure cloud access, multi-currency trading, and project cost tracking.
Benefits of Sage 50:
- Easily manage your accounting and finances
- Control your cashflow.
- Get paid easily.
- Integrates with other Sage products and Sage Payroll.
- Improves your finance team’s productivity.
- Gives you a complete view of your business finances & inventory.
- Simplifies complex accounting processes.
- Automate time consuming manual admin tasks.
- Intuitive and easy to use.
- Enables you to see your financial position at any one time.
- Gain valuable business insights with real time Dashboards and Reports.
- Easily pay suppliers and staff electronically.
- Sage 50 is affordable with monthly subscriptions.
- Manage multiple currencies.
- Advanced inventory management accurately track’s stock.
- A combination of desktop and cloud access to your finance data.
Sage 50 Accounts Overview
How does Sage 50 manage your Cash flow and Invoicing?
- Sage 50 enables you to easily manage your cash flow and invoicing
- Quickly see what you’re owed, manage late payments, and schedule supplier payments.
- Speed up processing using Sage 50 by connecting to your bank account and download information directly into Sage.
- Create and send personalised invoices and quotes, and give your business documents a professional edge
- The Sage 50 accounts software allows for simple, powerful VAT management.
- Quickly and easily calculate VAT.
- Reconcile to only pay what you owe with Sage 50
- Automatically file returns securely online with HMRC.
- Relax knowing that you’re up to date with the latest VAT legislation Is MTD ready.
Sage 50 Accounts (UK) - Processing Sales Orders
What are the software features of Sage 50?
Sage 50 allows you to create and send professional looking quotes and invoices to your customers, and manage payments, cash flow and expenses. You can also setup reminders to chase payments, ensuring that you get paid on time and manage your cash flow.
- Manage income, cash flow, expenses and payments
- Connect to your bank account for easy reconciliation
- Create quotes and professional looking invoices
- Seamless integration with Microsoft Office 365
- Submit VAT returns online to HMRC
- Manage stock and product information
- GoCardless integration
- Powerful dashboards and financial reports
- Create purchase orders and sales orders
- Trade in multiple currencies
- Manage multiple departments and budgets
- Secure cloud access and backup
- Track project expenses, profits and project revenue
- Connected Users
Sage 50 Integration with Microsoft Office 365
Comparison of Sage 50 with other Finance & Accounting software
The right Sage software for you depends on your business size and accounting requirements. Sage 50 is great for small businesses whilst Sage 200 is a perfect fit for SMB’s and growing companies, Sage One (now called Sage Accounting) is ideal for sole traders or very small business owners and Sage Intacct is better suited for much larger businesses.
Sage 50 vs Sage 200
Sage 50 vs Sage Intacct
Sage 50 vs Sage One
What is the Difference Between Sage 50 Professional and Sage 50 Standard?
Sage 50 Professional and Sage 50 Standard share the same basic accounting features such as managing cash flow, income, expenses and payments as well as Making Tax Digital ready for VAT. However, Sage 50 Professional offers more advanced accounting features such as advanced stock management, invoice and trade in foreign currencies as well as Project costing.
What are the features of Sage 50 Standard?
Ideal for small businesses with complex accounting tasks.
- Making Tax Digital ready for VAT
- AutoEntry credits included to automate your admin
- Supplier Payments included to streamline your payments
- Manage cash flow, income, expenses and payments
- Create professional personalised invoice and quotes
- Create discounts to automatically apply to invoices
- Set up invoices and transactions to recur automatically
- Automatic bank reconciliation
- Create and run bespoke reports
- Track and manage stock
- Manage multiple companies, departments and budgets
- Invoice & trade in foreign currencies (additional fees apply)
- Add extra users (additional fees apply)
- Manage and submit CIS to HMRC (additional fees apply)
Sage 50 Management Reports
What are the features of Sage 50 Professional?
Great for more advanced small business needs.
- Sage 50 Professional has ALL the same features as Standard, PLUS:
- Set up contacts with individual pricing and discounts
- Create sales and purchase orders
- Set up sales and purchase orders to recur automatically
- Flag invoices as disputed
- Fixed Assets register
- Project Costing
- Advanced stock management
- Management reports for multiple companies, departments and budgets
- Invoice & trade in foreign currencies (included)
- Bank reconciliation for foreign currencies
- Advanced credit control through Satago (upgrade to package required)
Sage 50 Accounts (UK) - VAT - Reconcile your VAT Return and submit it online
Frequently Asked Questions (FAQ’s)
Sage 50 is “Cloud-connected” which means you can access your accounting data in the Cloud.
Sage 50 Accounts subscription includes all the latest software updates so there is no need to upgrade the software, the Cloud version of Sage 50 is hosted by Sage and new software updates are automatically applied.
One of the main differences between Sage 50 accounts and Sage Accounting is the deployment options, Sage 50 can be deployed either as on-premise (desktop version) or in the Cloud, whilst Sage Accounting is only available online in the Cloud.
Sage 50 does not use SQL, instead it uses a flat file database which in some instances users have reported slower performance if you manage large volumes of data.
Sage 50 was designed to run on Windows PC’s and not a Mac, you can however use Sage 50 on a Mac by hosting the software online.
Sage 50 and Sage 50 Cloud are the same accounts software which enables businesses to create new invoices and quotes, the application also allows you to manage stock, cash flow and submit VAT returns to HMRC.
Bank reconciliation in Sage 50 is done by highlighting the bank account you want to reconcile and click on reconcile at the top.
Sage 50 Accounts has its origins from the Sage Sterling range which became available in September 1989. The product was later rebranded as Sage Line 50 and in the 2000s was rebranded to Sage 50.
Sage 50 licence costs begin at £92 per month for Sage 50 Accounts Standard and £186 per month for Sage 50 Accounts Professional, pricing is based on Sage’s software as a service (SaaS) subscription plan where fees are paid each month. Sage does change the pricing each year so it’s always best to check the latest prices first.
Sage Intacct is a true cloud-based accounting and financial management solution whilst typical Sage products like Sage 50 Accounts are “Cloud connected” where you need to install the software on your computer and servers.
Sage 50 accounts software manages your accounting, invoicing, cash flow, bank reconciliation, purchasing, payments and stock, as well as submitting tax returns online and provides real time financials reporting.
Sage 50 is the old name for Sage 50 accounts, but they are the same software as most customers refer to the software as Sage 50.
Sage 50 payroll works directly with Sage 50 to manage pay for employees, it automates payroll processes like tax calculations, payslips, deductions and creates P60s.
Sage 50 Customer Success Case Study – DPR Motorsports
DPR Motorsports uses Sage 50 to keep a close eye on its business both on and off the race track, with powerful stock and inventory management updated in real-time from any race location, plus simple but effective bank reconciliation that provides improved financial transaction accuracy.
“When customers ask you a question, you’ve got to be able to provide the answers. Recording the customer data in Sage gives you the ability to get the information out accurately.”
Sage 50 Customer Success Case Study – DPR Motorsports
What are the advantages of Sage 50?
Sage 50 offers advantages like efficient cash flow management, accurate invoicing, and detailed financial analysis. It helps track revenues, expenses, and project future cash flow. Use the Statement of Cash Flows to monitor operating, investing, and financing activities, enabling better financial decision-making and business planning.
Other benefits and advantages of Sage 50:
- Sage 50 is a market leading accounts software for small businesses in the UK.
- Has the option to manage unlimited companies.
- Multi deployment options, Cloud and on-premise.
- Gives you a complete view of your business finances & inventory.
- Intuitive and easy to use.
- Affordable, pay a monthly subscription.
- Easily collaborate with other users and your accountant.
- Improves your finance team’s productivity and efficiency.
- Built to simplify complex accounting for small businesses.
- Connected to the cloud for anytime, anywhere access to your data.
- Integrates with Sage Payroll.
- Easily and quickly submit VAT returns online to HMRC.
- Integrates with GoCardless for quick payments.
- Quick implementation times.
- Seamless integration with Microsoft Office.
- Better control of financial processes & reporting.
- Costs less than more powerful solutions such as Sage Intacct.
Disadvantages of Sage 50?
- Sage 50 is not a true Cloud product, instead it is “Cloud connected”.
- Sage 50 program files need to installed on a PC or server.
- Cannot be tailored or customised as much as other Sage accounting software.
- Poor database performance when handling large volumes of data.
- New updates are available, but need to be applied.
Sage 50 Accounts (UK) - Customer receipts
Why Choose AlphaLogix as your Sage 50 Business Partner?
AlphaLogix was founded in 1995 and today we are a leading tier 1 strategic Sage 50 Business partner in the UK. Our Sage 50 consultants have successfully implemented hundreds of Sage 50 sites across the UK and we understand the need for a well-planned and smooth implementation process.
All of our Sage 50 consultants and technicians are certified by Sage and we pride ourselves in providing outstanding customer service and help desk support, with quick resolutions for your technical queries. AlphaLogix have a dedicated Sage support team who have been supporting Sage products for over 25 years.
Sage 50 Professional services we provide.
- Help desk and technical support
- Sage 50 setup and implementation
- Consultancy
- Report and dashboard design service
- Sage 50 training
- Data repairs and data migration services
- Sage e-mail setup – you will no longer need to print and post your documents such as statements and invoices
- Hosting Sage 50 in the Cloud
- Installation and setup of third-party add-on apps for Sage 50
- Sage e-commerce and Amazon integration
- Sage 50 payroll setup and integration
What do our customers say?
Contact us on 0330 043 0140 or email us at info@alphalogix.co.uk to discuss Sage 50 or to organise a consultation meeting, consultation call, Sage 50 Accounts demonstration, AlphaLogix Sage 50 services or personalised quote.
Related Information
Request a Call Back to Discuss Sage 50
• Request a Free Consultation Call or Meeting
• Request a Demonstration or to Discuss Pricing
