March 14, 2019
Are you struggling to choose between Sage 50 and Sage 200, and unsure which solution will provide the most benefit to your business?
Looking for an accounting solution that is best suited to your business can be a challenge when you aren't aware of the important differences between systems. Sage 50 and Sage 200 are two unique solutions; depending on the size and growth of your business can determine which is going to positively impact your business the most.
Let us explain the key differences between Sage 50 and Sage 200, helping you gain a thorough understanding of both solutions in order for you to make a decision on which accounting software would best suit your business needs.
Sage 50 - a time-saving, thorough solution that allows you to manage your accounting, invoicing, cash flow, inventory, tax and so much more. With reliable information you can stay in control and drive your business towards a more profitable future. Sage 50 combines all the features of the industry-leading accounting software with the option to link your data in the cloud, creating greater flexibility and security throughout your business.
Aimed to suit the needs of smaller businesses with around 0-50 employees, Sage 50 offers a basic accounting software that allows you to manage cash flow, income, expenses and payments, create professional invoices, view dashboards and produce emails.
Helping you run a smarter, faster, more connected business, Sage 200 eliminates downtime with a solution that is available 24/7 enabling you to manage your accounts, customers, manufacturing, supply chain and business intelligence. With the power of both desktop and cloud (through Microsoft Office 365) you can be supported allowing your business to grow with ease.
Aimed to suit the requirements of small-med sized businesses, typically with 2-250 employees, Sage 200 is a scalable solution that does much more than your basic accounting software. With the ability for CRM integration and business intelligence, you can manage customer accounts and provide an in-depth analysis at a glance, creating pattern trends.
Despite the many differences between these two solutions, Sage 50 and Sage 200 have a few things in common.
Both Sage 50 and Sage 200 integrate with CRM solutions, creating greater business insight and the ability to pinpoint customers who might be interested in your services. By integrating Sage Accounting with CRM you can become more productive, helping you handle customer queries more efficiently and manage new and on-going opportunities easily.
Through the new integration feature with Microsoft Office 365, Sage 50 and Sage 200 are both on premise solutions with cloud connectivity. This provides you with all the tools required to work from the office or remotely on any device, at any time. By integrating your accounting solution with Microsoft Office 365, you can gain a supercharged solution that boosts productivity and gives you greater control over your business.
Sage 50 and Sage 200 are both Making Tax Digital (MTD) compliant. As of April, you are no longer able to manually enter your VAT figures onto the HMRC website, but instead submit them directly from authorised software. Upgrade to the latest versions to ensure that you're compliant. We are in continuous contact with Sage so are able to give you clear direction as soon as possible.
Knowing when to migrate from Sage 50 to Sage 200 is crucial. If you find yourself becoming frustrated by the restrictions of your Sage 50 system, it's time to think about upgrading to an advanced solution. Sage 200 can offer you a powerful solution, with a 360° view of your business at your fingertips.
Depending how you run your business can determine whether you need Sage 50 or Sage 200. Ultimately, Sage 50 is aimed for smaller businesses whilst Sage 200 is targeted to growing businesses. If you are looking for a simple, easy-to-use solution to improve your business processes, Sage 50 could be the perfect solution to help you save time and stay in control. However if you require a more robust, in-depth solution, Sage 200 may be more beneficial, helping you work smarter.
Want to learn more about the differences between Sage 50 and Sage 200, or looking to upgrade your accounting solution? Contact our experts today.
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Written By Lily Jones
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