Running a business involves making diverse decisions that have both long-term and short-term impacts. In finance and accounting, there are several activities like processing accounts receivable, accounts payable, trial balance, and others. When it is about getting things done more efficiently, almost every enterprise works on reducing human intervention with the help of accounting software.
However, the next big hurdle in front of them is the proper selection of the software. Although advanced accounting software does help in automating various processes, you cannot move forward without comparing available software for such needs.
The introduction of all-inclusive accounting software like QuickBooks Pro and Sage 50 cloud has helped various small and big businesses utilize their resources the right way. But to understand which one you should select for your organization, you need to get into the depth via a detailed comparison.
This blog post will shed light on the differences between QuickBooks Pro and Sage 50cloud.
Sage 50cloud vs. QuickBooks Pro – Differences and Comparison
Your business needs professional accounting software that can do much more than basic accounting tasks. The list of required software features may seem endless, whether it is automated bank feeds, payment reminders, or online invoice generation. To start with an emphasis, here is a comparison of Sage Vs Quickbooks. For boosting your business using the full potential of Sage hosting, read How To Take Full Advantage of Sage Application Hosting for your business.
Given below now, is the detailed comparison between Sage 50cloud vs. QuickBooks Pro to help you get started:
More About Sage 50cloud
Features and Benefits
- Basic accounting
- Cash flow tracking
- Online invoicing
- Online bill payment
- Inventory management
- Fixed assets management
- Project and vendor management, etc.
Languages It Supports
- Only English for users scattered across different countries
Integrations
- Majority of the Microsoft Office Desktop applications like Word, Excel, Outlook, along with Adobe Reader
Pricing
- Three primary subscription plans- Sage 50cloud Pro Accounting, Premium Accounting, and Quantum Accounting
- Sage 50cloud Pro Accounting is priced at $340.00 per year for one user (other )
Sage software has a 25.94% market share in the IT service category. Know All About Sage Software so that you can make a well-informed decision for your Tax and Accounting Firm.
You also have Sage 100 Contractor is a construction management software designed for small to mid-sized contractors. It streamlines project management, accounting, estimating, and scheduling to improve efficiency and profitability.
More About QuickBooks Pro
Primary Features
- Basic accounting and inventory management
- Multiple attachments supported (in version 2019 onwards)
- Email template customization (in version 2019 onwards)
- Bank transactions tracking (in version 2019 onwards)
- Simplified reporting
- Customizable consumer forms
- Dedicated document center, and more
Languages It Supports
- English
Integrations/Compatibility
- Compatible with all other QuickBooks editions, be it Premier, Enterprise, or Accountant, to name a few.
Pricing
QuickBooks Pro 2022 desktop product priced at $349.99 per year for one user.
Sage Desktop Product Vs. Sage on Cloud
Besides comparing Sage software with QuickBooks accounting software, it is also essential to know how you would like to access it for work reasons. Most CPAs and accounting firms use the software in two ways – either by buying the licensed desktop software for in-house installation or hosting their licensed Sage software on third-party cloud servers.
Each of these modes of Sage software usage has its distinct advantages. As a user, it is up to you to decide which way seems more convenient and lucrative for you and your business. With Sage software hosting, you get the benefits of data security, remote access, and easy team collaboration. Here are a Few Things You Should Know About Sage 50.
Selecting the Right QuickBooks Product for Your Business
Similar to different versions of Sage software, QuickBooks is also available in different versions. Therefore, although Sage50cloud vs. QuickBooks Pro comparison can give detailed insights, it is equally crucial for you to know if QuickBooks Pro is right for your business.
If QuickBooks Pro has features like order creation, bill tracking, and customizable reports, then QuickBooks Premier gives barcode facility and payroll liability reminders. You may get confused looking at the vast array of features of these different QuickBooks versions. That is why you must have a clear understanding of your business needs.
The version that maximally fulfills all your needs is best for you. How to Pick the Right QuickBooks Version? This choice is really essential to rightly streamline and grow your Tax and Accounting business.
The Bottom Line
Selecting between Sage 50cloud and QuickBooks Pro is more about understanding the differences between the two. Once you have developed that, you will find yourself better positioned to make an informed decision.
In addition, whether or not you would like to go for accounting software hosting services is up to you.
