TechnologySage launches online accountancy software

Sage launches online accountancy software

Software giant Sage has released its first online accountancy software product

FTSE 100 COMPANY SAGE has launched an online accountancy package for accountants and small businesses.

Sage One is the first online and Mac-enabled accountancy technology the company has produced.

The product allows accountants to see a range of client information, including VAT and banking transactions in real-time.

Simon Black, MD of Sage Online, said the software was built in-house and had been beta-tested for six months. It was not an accounts production product but a client management tool, he added.

David Gibson, partner at Blue Sky Chartered Accountants, has been testing Sage One since July. He said the product pushed compliance and book-keeping back to the client. However, it allowed them to choose how much data entry capabilities they wanted.

The product is divided into three functions which are sold separately. Sage One Cashbook allows users to enter banking transactions and share the information with their accountant. Sage One Accounts can be used to create invoices as well as calculate and submit VAT returns. Sage One Accountant Edition enables the accountant to see real-time data on their client including outstanding invoices and cash management.

Currently data from Sage’s traditional on-premise software cannot be transferred to the new system without manual input. A spokesperson said Sage was working on changing that in the future.

Cashbook is charged at £5 per month; Accounts £10 per month; Accountant Edition is free to Sage Accountant’s Club members, and £250 per annum for non-members. Sage is offering 24 hour support seven days a week, and there will be three free upgrades a year.

 

Related Articles

Navigating the changing landscape of UK business at Sage Summit UK

Accounting Software Navigating the changing landscape of UK business at Sage Summit UK

9m Emma Smith, Managing Editor
Digital platform launched to reveal how a business is viewed externally

Company News Digital platform launched to reveal how a business is viewed externally

1y Acccountancy Age
BDO's 'agility' makes it well placed to succeed - Eagland

Accounting Firms BDO's 'agility' makes it well placed to succeed - Eagland

1y Kevin Reed, Writer
Xero launches global partner programme expansion

Accounting Software Xero launches global partner programme expansion

1y Stephanie Wix, Writer
CIMA: Accountants confident robots won't take their jobs

Technology CIMA: Accountants confident robots won't take their jobs

1y Accountancy Age, Reporters
Sage hit by client data breach

Accounting Software Sage hit by client data breach

1y Richard Crump, Writer
What accountancy firms can learn from the gaming industry

Accounting Software What accountancy firms can learn from the gaming industry

1y Accountancy Age comment
Taking Stock: Xero sings to the tune of frustrated SME owners

Accounting Software Taking Stock: Xero sings to the tune of frustrated SME owners

1y Taking Stock