In a fight, the odds are Sage 200 would likely come on top, after all it’s a bigger and better software right? But Sage 200 vs Sage 50 isn’t a fair fight, in comparison they are two completely different accounting solutions, aimed at different business criteria’s.
One of the biggest misconceptions is that “Sage 200 is Sage 50 with bells and whistles” - this could not be further from the truth.
The Sage 200 suite is aimed at growing businesses and offers advanced processing speed, detailed management reporting, and a better range of functionality from multiple currencies, stock traceability and multi-warehousing.
Sage 50 on the other hand, is aimed to suit the needs of small to medium businesses. This easy-to-use software is an everyday accounts package that is designed to manage finances, payroll banking processes and inventory control, as well as providing insightful reporting.
It is not a question of which is the ‘bigger and better’ accounting solution, it’s about which one is more suitable for your business needs. To make it easier to understand the difference between the two, here are a few questions to consider:
Do you require accurate, real time reporting?
Who doesn’t want to view precise information and produce detailed reports? Choosing between Sage 200 and Sage 50 depends on your requirements and what you want to get out of it.
Sage 200 allows you to track budgets, produce detailed management reports, as well as effortlessly drill down into data in real-time. Alternatively Sage 50, has a more basic functionality, with the ability to produce over 140 standard reports with filters and data fields, allowing you to highlight business trends.
How many transactions do you process per month?
Slow reporting? Slow posting of invoices? Slow stock control?
These are the classic signs that you are exceeding the limitations of Sage 50. Once it has reached 100,000 transactions (Sage 50 2014 and below) you will begin to notice your software slowing down. If this is the case, there are a few options available for you:
Do you deal with multiple currency transactions?
Sage 200 has the facility to easily manage all of your foreign currency trading, including exchange rates. Unfortunately this functionality is not available with Sage 50, so unless you don’t mind manually typing calculations – then Sage 200 is the more suitable option for you.
Are you interested in more stock functionality and traceability?
One of the biggest problems with dealing stock is being able to manage and track it efficiently.
Sage 200 has automatic processes in place to minimise manual workload, as well as allowing you to easily access stock details, view stock levels at each location (for multiple warehouses), pinpoint product sources, who they were sold to, and at what price. In contrast, Sage 50 (Professional only) also has the SOP and POP functionality which allows for Sales and Purchase orders to be processed, tracked and managed from start to finish.
Ultimately when it comes down to Sage 200 vs Sage 50 - there is no winner or loser, there is only a right and wrong solution for your business.
If you would like more information or for your FREE Sage consultation, speak to us today on 0113 273 9040 or visit www.bluelogic.co.uk. Our Sage accredited and AAT qualified consultants have over 50+ years’ experience with consulting, implementing, training and supporting the Sage accounting range.