Sage is one of the most preferred accounting programs that offer full-fledged functions of an accounting tool to small and mid-sized businesses. On the other hand, Sage Business Cloud Accounting is a subscription-based service that helps businesses to manage their accounting even on the go. Users can choose from its two available plans; one caters to individual needs, while the other is suitable for the team. The price starts as low as $10 a month. To learn more about the Sage Business Cloud Accounting products and reviews, read this post until the end.
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About Sage Cloud Accounting
Sage Business Cloud Accounting, formerly known as Sage One, was devised for small businesses and freelancers. It is an affordable product, yet, offers strong features to the users. The list of the robust features includes reporting, invoicing, expense tracking, and several others. Besides, it is easy to set up, install and use. Self-employed, individual entrepreneurs, freelancers, and small business owners highly admire this accounting product for the same reason.
Sage Business Cloud Accounting Pricing
To use the accounting software solution in 2022, you need to pay the monthly subscription charges starting from $10 per month. The cloud accounting solution from Sage prevents you from the hassles of purchasing the license, downloading updates, and renewing annual plans. Besides, you don’t need to give a limited license across the company. Both the subscription plans come with customer support. Check the prices:
This is the basic subscription plan, suitable for self-employed individuals and freelancers. It caters to the needs of a single user and comes at a subscription cost of $10 per month. You can access the major accounting features, such as reporting, invoicing, expense management, bank feed, and others. Besides, you can access the solution on your preferred devices.
This cloud accounting solution is devised to meet the elaborated needs of the businesses having multiple users (two at least). It supports multiple users and companies. Besides, it comes with a monthly subscription cost of $25, along with customer support. This Sage business cloud accounting solution offers additional features, such as cash-flow forecast, quotes creation, estimations, and various others.
Note: Sage cloud accounting solution does not require long-term contracts, and you can cancel the subscription anytime, without any termination charges. Moreover, you can upgrade your subscription plan anytime based on your specific needs.
Features of Sage Business Cloud Accounting
Sage Cloud Accounting offers many valuable features the business owners and individual entrepreneurs as described below:
1: Inventory Management
The process of ordering, storing, using, and selling a company’s inventory is referred to as inventory management. This comprises the storage and processing of raw materials, components, and completed products, as well as the administration of raw materials, components, and final products. The inventory management feature in the Sage Cloud Accounting helps users to stay on top of their orders by effectively managing quantities in hand, orders, and reorders. Besides, it also helps the users to get insightful data about what is selling and what is not. This data can help you to make well-informed decisions for the better growth of your business.
Having comprehensive business reports, regardless of the business type, can help in managing tax season efficiently, balancing budgets, and attracting investors to the company. Over 20 financial reports, including profit and loss statements, balance sheets, trial balances, general ledgers, and aging reports, are available in Sage Business Cloud Accounting. If you need to generate the same type of report on a regular basis, such as quarterly self-employment tax statements, you can save it as a favorite by clicking the star icon. The favorites tab will subsequently be used to organize these reports.
3: Automation Features
Choosing the Accounting plan will help to utilize the automated features of Sage, which includes creating quotes, invoices, and estimates with a single click. You don’t need to generate these separate records and documents manually. Additionally, you can accept customer payments by connecting your Stripe account to Sage. Furthermore, it helps you to connect your bank or credit card so that you can download the transaction history in no time. Also, it has an efficient account reconciliation tool that makes sure that there are no discrepancies in the transactions. All of these features can save your time and effort and can make your business accounting more efficient.
4: Seamless Integrations
In the Sage Marketplace, there are about 40 integrations for Sage Business Cloud Accounting. This enables you to link Sage to a variety of business platforms to improve the efficiency of your operations. For example, you can link your accounting software to your point-of-sale (POS) system to automatically record and categorize transactions, saving you time and effort during financial reconciliation.
Advantages of Sage Business Cloud Accounting Solution
The main advantages of the Sage Cloud Accounting solution are stated in the below-given list:
- Extremely easy to set up, use and maintain. You can start working just by signing up for an online Sage Business Cloud Accounting.
- Once set up, it offers a plethora of the features, such as Sales, Income and Expenses, Cash Flow Management & Forecast, and various others.
- Comprehensive graphs and charts that offer useful insights into your business overview.
- Customizable based on the specific needs and preferences of your business and team.
- Compatible with different devices and operating systems, such as Windows, Apple, Android, and iOS.
- Helps business owners track, analyze and report their financial data with the utmost ease.
Limitations of Sage Business Cloud Accounting Solution
Below are the major limitations of the Sage Cloud Accounting solution:
- You may not be able to create recurring invoices, essential for the businesses that offer subscription-based services.
- Users can’t schedule automatic payment reminders. However, you can schedule a monthly invoice statement for your customers.
- It lacks the feature to track billable hours and add billable expenses to the invoices. In such a case, you will have to enter the billable hours and expenses manually into the invoices.
- The Sage Cloud Accounting Solution does not create purchase orders, which can be a great timesaver.
Note: These features can be helpful for businesses; however, there are some handy solutions that can eliminate these shortcomings of the Sage Business Cloud Accounting.
Technical Support for Sage Business Cloud Accounting
If you need any kind of assistance in resolving a problem or need help in utilizing the Cloud solution, give us a call on our Sage Technical Helpline number. The experts will guide you with step-by-step assistance in setting up, using, maintaining, and troubleshooting technical issues in the Sage Business Cloud Accounting solution.