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Sage 50 vs. QuickBooks: Which is Right for You?

sage accounting software

By Admin, on Thu Nov 14 2024

Sage 50 vs. QuickBooks: Which is Right for You?

Managing the finances properly is very important for your business to do well. Choosing the best finance software can be difficult, as there are many options available. Sage 50 and QuickBooks accounting software that can develop your business to the next level. But which one suits your business more? You have to make the right choice considering all the aspects of both software and see which one fits your business the best. 

In this comparison of Sage 50 and QuickBooks, we will look at these two popular accounting programs side by side. This information will help you decide which one is better for your business needs.

Introduction to Sage 50

Sage, a major bookkeeping and accounting software company, makes business finances easier with its innovative money management system. Using this software, your company can perform various accounting tasks:

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  • Creating financial reports
  • Managing cash flow
  • Approving bill payments
  • Sending simple invoices
  • And additional functions.

It can be used on your phone with the help of an app. The screens are easy to understand and use. It can make reports to show you how your business is doing which makes yourfinancial management easier. You can also use it to make bills and pay your workers. 

Sage is good if you want a lot of people in your company to use it. You don't have to pay extra for more people. It can also do some jobs for you automatically, which can save you time. The cost of Sage depends on which plan you choose. Some plans cost about the same as QuickBooks.

Over time, Sage 50 has shown itself to be an excellent accounting tool. Now, there's Sage 50 Cloud, which offers more advanced features and internet-based access for businesses of all sizes.

Introduction to QuickBooks

QuickBooks is a popular accounting program used worldwide. It provides tools for many financial tasks, from creating financial reports to managing employee pay. Like Sage, it has an app for your phone. The screens are easy to use. It makes reports about your business. You can make bills with it and pay your workers too.

For more than 20 years, QuickBooks has been the leading accounting software, holding a top position in the business management software market. The QuickBooks screen layout is straightforward to use, learn, and move around in.

It has some special features that some businesses might like. For example, it can help you manage people who work for you but aren't regular employees. It can also keep track of how far you drive for work.

Many businesses, from small to large, depend on QuickBooks for their accounting needs. They offer different versions with various features and advantages, including:

  • QuickBooks Payroll
  • QuickBooks Desktop
  • QuickBooks Online

Whichever version you select, QuickBooks provides cost-effective, reliable, and time-saving benefits for your company.

Things to Consider When Choosing Between Sage 50 and QuickBooks

When you're trying to decide between Sage and QuickBooks, think about these things:

  1. How many people in your business need to use the software?

  1. Do you need any special features?

  1. How big is your business and how complex are your needs?

Think about these questions. Your answers will help you choose the best tool for your business. Remember, both Sage and QuickBooks are good, but one might be better for your specific needs.

Price and Plan Details 

Below are the different types of plans and prices of Sage 50 and QuickBooks for comparison. 

Sage 50CostUsersQuickBooks OnlineCostUsers
Pro Accounting$60.08/month or $607/year1Simple Start$35/month1
Premium AccountingStarts at $103.92/month or $1,043/year1-5Essentials$65/month3
Quantum AccountingStarts at $177.17/month or $1,780/year1-40Plus$99/month5
Advanced$235/month25

More Specifications

Here are more specifications on who or how many people can use these plans.

Sage 50

  • Pro Accounting: For one company with one user
  • Premium Accounting: For small teams, the price goes up with more users
  • Quantum Accounting: For bigger teams, the price goes up with more users

QuickBooks Online

  • Simple Start: For one company with one user
  • Essentials: Lets three people use it
  • Plus: Lets five people use it
  • Advanced: For bigger teams, lets 25 people use it

This table shows how much each software costs and how many people can use it. The prices for Sage 50 can be paid monthly or yearly, while QuickBooks Online prices are monthly.

Advantages and Disadvantages of Sage 50 and QuickBooks

Sage 50 Pros

  1. Cost: Sage 50 is less expensive. You can add many users without paying more. It also helps predict future money matters.
  1. Help available: Sage 50 offers many ways to get help. You can find answers on your own or ask for help by phone, email, or computer chat. This is useful if you do not know much about business finances.
  1. Grows with your business: As your business gets bigger, Sage 50 can still work well. It is very good at keeping track of items you sell and helping people work together. Bigger businesses often need these things.

Sage 50 Cons

  1. Can be difficult: It is easy to move around in Sage 50. However, setting it up at first can be hard. If not set up correctly, it may be difficult to use every day.

QuickBooks Pros

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  1. Works with other tools: QuickBooks Online can connect to more than 700 other computer programs. This is much more than Sage 50, which connects to about 40. If you use many business tools, QuickBooks Online might work better.
  1. More features: QuickBooks Online can do some things Sage 50 cannot. It offers training when you need it, does some money tasks by itself, and has better tools for managing customer information.
  1. Easy to use: People say QuickBooks Online is very easy to use. Its design makes it simple for most people to do basic money tasks.

QuickBooks Cons

  1. More expensive: Because it can do many things, QuickBooks Online may cost more. Even the less expensive options have advanced features, which may mean you pay more each month.

The Bottom Line 

Sage 50 and QuickBooks are both excellent accounting software options. They offer similar features like mobile apps, easy-to-use interfaces, financial reports, invoicing, and payroll management. Their prices can be comparable depending on the plan you choose. However, they have some key differences.

Choose Sage 50 if you need unlimited users and automated tasks. Pick QuickBooks if you're a small business needing advanced features like contractor management and mileage tracking. QuickBooks is also good for larger businesses with complex needs.

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