What Is Sage 50? Benefits, Features, & User Guide

What Is Sage 50?

Implemented by the Sage Group, and to benefit small and medium-sized companies, Sage 50 Cloud presents all accounting and payment products in one place.

In its name, the number 50 actually means that it was initially applied only in companies with no more than 50 employees. However, the application is used more widely now.

How to Activate Sage 50

Activating Sage 50 after installing from the network:

• Activate the product on the server before installing on the workstations, to ensure that you receive timely updates, upgrade offers, and various information.
• To activate Sage 50, first go to the “Help” option and then to “Sage 50 Activation.”
• Then select “Activate online.” If you are new, you may need to fill out a short form before you are allowed to activate Sage 50.

Activating Sage 50 without an internet connection:

• There is an option to manually activate Sage 50 once you meet the Sage 50 usage restriction without activation.
• If you want to enter or update activation information, you must first go to the “Help” option and then select “Sage 50 Activation.”
• To manually activate Sage 50, enter your user ID and activation code. The activation code is in the Sage download notification email if you’ve downloaded the product.
• If you haven’t downloaded Sage 50, go to the Sage 50 website where you’ll receive an activation code after completing the questionnaire.
• Or you can call Sage 50 for free on one of the following numbers, depending on which program you have:
  • Sage 50 Complete Accounting and Sage 50 Premium Accounting: 1-800-840-7329
  • Sage 50 Quantum Accounting: 1-888-573-0319
  • If you are outside the United States, call 770-492-6333
• If you call, make sure you have your serial number, name, company address, and telephone number handy as you’ll need to provide this information to the Sage 50 customer service operator.
• The operator will then give you the key you need to activate.
• You can enter the optional referral ID, or the ID of the person or company that recommended Sage 50 to you.
• Then just click “Activate,” and you’re all set!

What Businesses Should Use Sage 50?

World data shows that 17,439 companies currently use Sage 50. They are mainly located in the United States in the computer software industries.

Sage 50 is most commonly used in companies with between 10 and 50 employees and between $1 million and $10 million in annual revenue.

Sage 50 Features

Cash Flow and Invoicing

Sage 50 accounting software has a strong invoicing system that sends you a report on the current flow of your money. It allows you to see your bank accounts, completed transactions, cash waiting, and the cash that needs to come out.

It sends you a clear report on the current state of your finances. You can filter by transaction type, change when you receive reports, or look over future income and expenses.

Banking and Integrations

Sage 50 functions that include your obligations to distributors, as well as banking functions, give you numerous benefits in the form of reconciliation of accounts, purchase orders, invoices, and payments.

It can be fully integrated with your inventory management system for automatic updates, which saves the time you’d spend on manual entry. Screen reader support is always provided as well.

Sage Security Shield

Sage security enables small and medium-sized enterprises to take complete control over the protection of their business identity. You can rest assured that your software is secure with Sage 50.

Reporting Features for Sage 50

With Sage 50, you have the ability to use over 150 reports, including those specializing in construction, manufacturing, and distribution industries. You get the information you need to make further business decisions. It’s just a click away to get reports on liabilities, receivables, and sales taxes.

Plus, you can design new reports yourself, use search engines to search for the desired word in the report, and perform analysis of completed transactions. Filters are also available for easier searching. You can group your reports, print them together, and print them separately.

Sage 50 Benefits

Sage 50 offers you many benefits with its numerous useful features and integrations. With Sage 50 software, you can:

• Manage your income and expenses
• Gain insights into cash flows and stocks
• Link your bank account for easier transactions
• Collaborate seamlessly with Office 365
• Connect with customers
• Securely connect to the cloud and copy data
• Trade in several different currencies
• Track your costs and project income
• Get an overview of the work of different positions
• Integrate with GoCardless
• Create aesthetic offers and invoices
• Create purchasing orders

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