2018 Review of Sage 50cloud – Invoicing Functions

Sage 50cloud Accounting from Sage Software is a hybrid product that combines the functionality of a desktop system with the convenience of a cloud application. Sage 50cloud is scalable as well; offering three versions that are make it well suited for freelancers and small businesses alike.

Sage 50cloud offers complete financial and accounting capability including both Payroll and HR modules as well.   The latest version of Sage 50cloud offers numerous product updates, including enhancements to Sage Dashboard and Office 365. Other enhancements include the ability to snap a picture of a receipt to later upload to Sage 50c. Significant enhancements to the Sage One Mobile Invoicing feature.

Sage 50cloud allows users to create custom quotes for products and services, with a variety of template options available. Users also have the option to create their own custom template to be used for future quotes and estimates if desired. Both quotes and sales orders can be easily converted directly to a sales order or invoice in Sage 50c, with the ability to view the original quote if desired.

Sage 50cloud can choose between a product or service invoice when creating a new invoice. Users can also create invoice templates for their customers, with each template customized for each user. Sage 50c allows users to easily track time and expenses, with the ability to add any tracked time directly to an invoice as well. Users can easily copy information from a previously created invoice to a new invoice to save data entry time. Sage 50c allows users to easily create recurring invoices, choosing from monthly, quarterly or yearly invoice frequency as desired. The system also includes automatic payment reminder capability, with reminders included in both customer invoices and statements.

Sage 50cloud can also process sales in real time, making it easy to enter payment details at the same time that the invoice is created. The system allows users to easily apply customer payments to multiple invoices, and Sage 50cloud will also automatically apply payments to outstanding balances if desired.

Sage 50cloud users have the ability to customize each account, adding automatic discounts, finance charges and messaging options to each customer account. Users also have the option to void or delete an invoice, though deleting an invoice will also delete any related transactions such as quotes or sales orders.

The product easily tracks sales tax information, with users able to set up the appropriate sales tax information in each customer’s account as desired.

Sage 50cloud accepts a variety of payment types, including online payments, integrating with a variety of credit card processing and payment applications.   The product also offers a decent variety of invoice-related reports which can be found under the AR module, and include a quote register, a sales order journal, and an invoice register. For more detailed information, users can access the invoice register, which provides detailed information on all customer invoices, including invoice date, quote number, customer name, and invoice amount. A sales tax report is also available as well.

Sage 50c is a completely integrated accounting and financial application, with all modules working together. The product also offers optional payroll and HR modules as well.

Designed for the freelancer to the small business owner, Sage 50cloud combines the functionality of a traditional desktop application with the convenience of anytime/anywhere access.   Pricing for Sage 50cloud varies depending on the version purchased, with Sage 50cloud Pro Accounting (1 User system) running $439.00 per year, Premium Accounting (5 user system) running 679.00 per year, and Quantum Accounting (10 user system) running $1,729.00 per year.

2018 Final Rating – 4.75 Stars