Sage 50 Accounting Review 2024

Sage 50 Accounting is desktop accounting software offered at three different pricing tiers. The higher-end plans will net you an increased number of users who can access the software as well as advanced inventory management, job costing, reporting and budgeting, plus some features specific to construction and manufacturing. Sage also offers a number of add-on products, so you can customize a complete Sage solution that works best for your business.

Sage 50 Accounting is available in three versions. Standard pricing varies by number of users:

Note: The company sometimes runs online price specials for new annual subscribers.

This straightforward software plan is designed for entrepreneurs, self-employed professionals and small businesses that require only one user.

• Create and send bills and invoices.

• Record and approve purchase orders.

• Manage job costs and expenses.

• Perform automated bank reconciliation.

• Access basic financial reports.

• Protect your business’s data with Sage’s proprietary security offering.

The Premium plan includes more advanced features for small businesses with one to five users and includes all the capabilities of Pro, plus:

• Get industry-specific features.

• Gain advanced tools for budgeting, reporting, job costing and inventory tracking.

The “full Sage 50 experience” offers support for up to 40 users. This plan includes all the features of Premium, plus:

• Control access with role-based security.

Sage50 Accounting enables users to create and assign roles with specific access rights, to control which features and functions are available at the employee level. Each Sage 50 plan also comes with free access to Sage Security Shield, a product designed to monitor your business credit as well as the dark web for mention of your business and its protected data. The service also provides you access to a fraud hotline and assistance with restoring your business should a data breach occur.

Sage 50 Accounting offers U.S. phone and chat support services from 9 a.m. to 8 p.m. Eastern time, Monday through Friday. Sage Q&A Live is available from 9 a.m. to 6 p.m. Eastern time, Monday through Friday. Support is available for customers with active Sage 50 licenses, and additional expert services are available for advanced topics and programs.

Add-ons available for Sage 50 Accounting include:

• Integration with Microsoft 365.

• Multiuser remote data access to allow simultaneous teamwork.

• AutoEntry data automation to eliminate manual data entry.

• Self-service payroll with direct deposit capability.

• Payment processing to accept online payments from customers.

• Time tracking to capture more billable hours.

• Checks and forms to eliminate manual formatting.