Not sure whether to get Sage or QuickBooks for your business? For any business, it is important to choose the right accounting software for sustainable business growth. Because without user-friendly accounting software it is very difficult to track your business performance, your business growth. If you choose the wrong software for your business then most likely you will spend more time on managing your accounts. QuickBooks is a US-based accounting software whereas Sage is UK-based software. So when it comes to accounting software in the USA, QuickBooks is a leading software in the USA. Sage is a leading accounting software in the UK for small businesses. Therefore, this blog will compare QuickBooks and Sage and complete an analysis on Sage Vs QuickBooks.
To run and manage your business accounts and payroll effectively and efficiently you require an accounting software. One of main business’s aim is to be cost effective and understand the financial impact on business performance which require the business owners to choose a suitable accounting software.
Compared to Sage, QuickBooks is a cloud-based system enabling users to access information through any device, such as a phone or laptop, with managers having the ability to restrict access to certain users. QuickBooks automatically allocates the expenses you input into the correct categories alongside the tax details, as well as enabling customisation of reports and invoices.
Sage focuses on income, expenses and creating a cash flow statement, as well as supporting banking, payroll, job costing and advanced inventory management.
QuickBooks enables fast set-up, enabling customisation of services and ease of importing data from Excel and CSV template, automatic bank reconciliation. However, Sage requires several processes to download requiring expertise in Microsoft operating systems.
The QuickBooks simple plan doesn’t have inventory management, but the plus and advanced plans do have the facility, enabling businesses to track products and receive alerts when their inventory level is low. QuickBooks enables integration with ecommerce options such as Amazon, Shopify and Etsy. Similarly, Sage enables access to advanced inventory management but requires the business to input data for each item such as sales account, inventory account, cost of sales account.
Businesses can purchase ‘Payroll Core’ which enables employee payroll and auto-calculated taxes. A noticeable benefit of Sage is that it includes payroll without any additional cost, thus enabling employees to set direct debit and managers to track payroll checks and taxes.
Sage only offers users integration with its own apps, meaning a smaller selection as there are only 11 apps. However, QuickBooks has apps which cover a variety of accounting related resources such as quotes, make payments and sync data.
Sage has 3 plans:
Sage Accounting Start (Basic) Plan
QuickBooks has 3 plans:
Simple Start (Basic) Plan
Sage Accounting Standard Plan
QuickBooks Essential Plan
Sage Accounting Plus Plan
Payroll is included for an extra £1.75 per month for each plan.
QuickBooks Plus Plan
If you wish to include Payroll as an add-on:
QuickBooks is mainly aimed at small to medium sized businesses whereas Sage can be aimed at small to medium sized and large businesses, however Sage targets more specific industries such as construction and wholesale distribution.
Overall, QuickBooks being cloud-based is a highly recommended software as all businesses are required to be HMRC compliant. Also, it’s user-friendly layout, updated integration and cheaper cost compared to Sage make QuickBooks the ideal option for all businesses, especially start-ups.
If you would like tailored advice on which software is ideal for your business needs, contact us on +44 (0)1213681277 or alternatively email info@taxcare.org.uk.
Looking for a professional accounting service? TaxCare Accountants offers a simple, affordable accounting service with a fixed fee.