Accounting Software Reviews

Sage One Review

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Sage One was designed specifically for freelancers, startups and entrepreneurs that are seeking online accounting solutions. #accounting #business #smallbusiness #businessfinance #review

Sage One

Cloud-based, intuitive accounting, manufacturing and inventory management tools, human resources options and automated recovery.

$10/month

Sage On3

Sage One Introduction

Sage One was designed specifically for freelancers, startups and entrepreneurs that are seeking online accounting solutions. They take away the inconvenience of multiple spreadsheets and help business owners stay on track while spending as little time as possible inputting transactions. With their easy-to-use interface, it may be what your startup or small business is looking for – especially if you want an uncluttered, simplified way to manage your business.
A cloud-based accounting program specifically designed for entrepreneurs and freelancers.


PROS:
  • Easy to use
  • Includes task management and project tracking
  • Encrypted and bank-level security
  • 30-day free trial
  • Low price considering features
  • PayPal integration

CONS:
  • Limited inventory management
  • Not designed for companies with employees


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Scoring and Rating

Accounting and Business Tasks: (Rating: 10/10)

Sage One offers some of the basic accounting as well as more complex accounting tasks you need to run a startup. They allow you to track income and expenses and you can sync up with one of over 12,000 different banks or credit cards for faster transaction inputting.

They also offer unlimited invoices, estimates, numerous reports for better tracking, charts of accounts, ledgers, aged payables, vendor tracking and management, bill payments, project and tasks, etc. You can enter products based on service or product code, assign them a category or even assign to a project so you can see how much each project is costing you. Compared to other accounting programs for startups, Sage One does have a few more in-depth features – especially with the account ledgers, balances and codes.

Invoicing: (Rating: 10/10)

Invoices are customized with Sage One and you can choose a template, decide what you want displayed, add a logo, etc. You can also create quotes/estimates and then convert them into an invoice. Credit card payments can be accepted right through Sage One with a Sage Payment Solutions account (added fees) or you can integrate PayPal so people can pay via PayPal directly.

They support multiple currencies, you can send unlimited invoices online and you can even use multiple tax rates and location codes. You can set up bills for automatic recurring invoicing and invoices/estimates are sent via email (which you can customize the message for) as well as printed and sent via snail mail.

Management: (Rating: 8/10)

Sage One has a lot of management features for startups and freelancers, but lacks the features larger companies would need. You can do everything from manage projects (and assess how much that project is costing you) to products to services rendered and more. You can add vendors and their respective bills as well as payments to those vendors. Purchase orders are not included with Sage One, but for small businesses, this isn’t usually an issue.

Time tracking isn’t included, but they do allow you to input time for each project so you can see how long you’ve spent on a project and how much income it generates. There’s no payroll or employee management with Sage One; instead, it is designed solely for the single entrepreneur or freelancer.

Ease of Use: (Rating: 7/10)

Compared to other online accounting programs, Sage One is rather clunky. But, they do prompt you on the home page with questions so that you can setup your account better and even find what you’re looking for. While it’s not the most attractive thing to look at, it is still highly functional. There are plenty of question marks that prompt you on how to setup a particular section of the program and support is available via phone and live chat when you have questions not answered by the online guides.

Setup with Sage One takes much longer than other accounting products, especially because you aren’t just creating services and products; you must also assign codes for every item you need to categorize, prices, tax rates and descriptions – which will take a considerable amount of time. Once setup, however, inputting, billing and even quoting will become very convenient.

Access: (Rating: 10/10)

Sage One is cloud-based, so you can access it from any device – including mobile phones. They have mobile apps so that you can input expenses, create invoices and even check on payments from clients. You can have as many users as you want access your Sage One account – something other companies limit you on. If you have an accountant, you can setup an access point for them and all users can be limited as to what they can see/access in your Sage One file.

Taxes: (Rating: 5/10)

Unfortunately, Sage One is lacking tax help. You cannot prepare nor file taxes via Sage One. Because it isn’t designed for payroll, you also cannot file, prepare or send any payroll tax.

While normally we do not ding someone for this, Sage One does specifically advertise themselves to freelancers, entrepreneurs, startups and small businesses – individuals that most definitely need Schedule C transactions or at a very least home office deductions and estimated quarterly tax payment calculations. The program doesn’t offer any of these things, which makes them less helpful for those self-employed individuals at tax time.

The only redeeming quality in terms of tax assistance is the fact that you can set up an accountant access and have as many accountants and bookkeepers as you need access your Sage One account for faster taxes.

Pricing: (Rating: 9/10)

Sage One is offering a 30-day trial, but when you sign up, they actually reward you with up to 60 days for free – very impressive. Even after the trial, you’ll only pay $10 per month.

If you choose to not process payments via PayPal, you will have to sign up for a Sage One Payment Solutions account to collect credit card payments online. The prices for these are based on transactions and the company isn’t very clear about how much you could spend. If you integrate with PayPal for payments, you will still have to pay the PayPal transaction fees – but most businesses prefer PayPal anyway.

Customer Service: (Rating: 10/10)

Sage One, while not extremely user-friendly, does have a plethora of guides and tutorials so that you can honestly figure out just about anything on your own. In the event you must contact support you get live chat, email and phone options. You can even send messages straight from your account dashboard.

Sage Software currently has an A- with the BBB.


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Sage One Specifications

Specification

Pricing

Regular Pricing(after intro): $10/month

Introductory Pricing:

Free Trial: 30 Days

Score Based out of Total of 10

# of Users Per Account

Unlimited

# of Clients/Customers

Unlimited

# of Invoices

Unlimited

Features

Basic Accounting Features

Customized Invoices

Expense Tracking

Can Import Bank Transactions

Time Tracking

Estimates or Quotes

Converts Estimates to Invoices

Managing Bills and Paying Bills

Managing Vendors

Project Managment

Credit Card/Paypal Processing: Added Fee

eCommerce or POS Compatable

# of Built in Reports: 19+

Accountant/CPA Access

Payroll

Platforms Supported

All (Cloud Based)

Mobile

Mobile Invoicing

Mobile Expense Tracking

Receipt Capture via Mobile Phone

iOS App

Android App

Help and Support

Email

Phone

Live Chat

Online Tutorials

Forums/Guides


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What Type of Business Could Use This Software?

Sage One works for freelancers and entrepreneurs that need in-depth accounting, but don’t have employees or inventory to manage. Because of its limitations, it isn’t ideal for companies with employees that need payroll and retailers may find the limited inventory options don’t suit their needs. For professionals, however, this may be the perfect solution because you can track your professional services, input them based on service codes and track their progress.


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Sage One Pricing

30 to 60-day Free Trial

Sage One: Online accounting, automatic updates, product and service tracking, project and task management, online payment options, integrates with PayPal, invoicing and estimates, income and expense tracking and unlimited users. Starts at $10 per month after free trial.


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What We Like About Sage One

Automatically Calculates Sales Tax: When you create your Sage One account and first sign in, they prompt you for your business zip code. Then it automatically looks up and calculates your sales tax based on the current rates. I verified this with the state tax commission and the rates are spot on – an impressive feature.

Google Drive Backup: Sage One can integrate with your Google Drive account so that every time you create and/or send an estimate, invoice, sales receipt, credit, etc. it will automatically create and save a PDF to your Google Drive for backups. This isn’t a feature you stumble upon very often and very convenient for those that want to have all of their hard copies stored digitally.

Very Affordable: One thing we give Sage One credit for is the amount of features they give for the price. Most programs that advertise themselves for small businesses and startups still come with an outrageous monthly price, while Sage One charges $10 per month and doesn’t limit you to the number of clients, invoices or estimates you can send. They even have a generous 30 day trial that can extend up to 60 days.


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What We Don’t Like About Sage One

Possibly Too Complex for Freelancers: Sage One was designed for freelancers and startups, but their accounting could be too complex for some freelancers. After all, not all freelancers will need things like charts of accounts (and some will not even have separate bank accounts to track balances in), aged payables, etc. Also, they advertise for freelancers, but don’t have automatic Schedule C’s or estimated tax payments – something most freelancers and even independent contractors need to use.

Not the Best Interface: Sage One does a great job at explaining how to setup your account, use it and even customize it. But, the interface is rather confusing, clunky and to find certain aspects of the software you almost have to do a journey of menu options to find it.

No Inventory: Despite having great management features, Sage One doesn’t offer inventory tracking. You can input services and products you sell, assign a code and a price for faster billing and tracking, but you cannot physically track inventory. If you are a retailer or even someone selling products on Etsy and other third-party sites, you may find the lack of inventory makes Sage One unsuitable.

No Time Tracking: You can manage projects and time, but you cannot actually track your time. Most freelancers would need time tracking – especially if they bill their time hourly to clients.


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Review Summary

8.6 Total Score
Cloud-based and designed for entrepreneurs.

Sage One is designed for businesses just starting out and even freelancers that need to take control of their finances. They offer just the right balance of features to accommodate most accounting needs for small businesses.

Accounting and Business Tasks
10
Invoicing
10
Management
8
Ease of Use
7
Access
10
Taxes
5
Pricing
9
Customer Service
10


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Sage One Discounts and Coupons

Sage One

Cloud-based, intuitive accounting, manufacturing and inventory management tools, human resources options and automated recovery.

$10/month

Sage On3


Shailynn is a word slinger, chef, Pinterest addict and adult coloring book collector. As our Operations Manager and Senior Researcher/Editor, you will find Shailynn busy finding new companies and topics to research, but also handling the crazy day-to-day on the backend – and by crazy…we mean all of us. She attended the International Culinary Institute, where she studied pastry arts and she worked as an executive pastry chef before hanging up her chef’s hat and decided to work from home as a writer. She is a fanatic for a great cup of coffee or wonderful glass of wine! Shailynn is a mother of three and married to a handsome firefighter.

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