As a business owner or accountant, you understand the importance of having reliable accounting software. It's essential for keeping track of financial transactions, generating accurate reports, and simplifying tax preparation. Two popular options on the market are KashFlow and Sage accounting software.
In this post, we'll compare KashFlow and Sage based on functionality, features, and pricing to help you determine which one is the best fit for your business needs.
KashFlow
KashFlow is a cloud-based accounting software designed for small businesses. It provides various features such as invoicing, expenses, and reports. It's easy to use and offers a user-friendly interface.
Functionality:
- Invoicing
- Expenses
- VAT returns
- Multi-currency
- Bank feeds
- Reports and analysis
- Cash flow statements and forecasts
- Credit control
Features:
- Integration with PayPal, GoCardless, and Stripe
- Automatic bank feeds
- Automated recurring invoices and reminders
- Customizable invoice templates
- Mobile app
- Multiple user accounts
- Secure data storage
Pricing:
- Starter Plan: £7 (+VAT) per month
- Business Plan: £13 (+VAT) per month
- Business + Payroll Plan: £18 (+VAT) per month
Sage
Sage is another popular accounting software designed for small to medium-sized businesses. It offers various features such as invoicing, accounting, and payroll. It can be accessed both through the cloud or installed on a computer. Sage is known for its powerful reporting system.
Functionality:
- Invoicing
- Accounting
- Payroll
- VAT returns
- Multi-currency
- Bank feeds
- Reports and analysis
- Cash flow statements and forecasts
- Credit control
Features:
- Integration with Microsoft Office 365
- Automated bank feeds
- Real-time collaboration with accountants
- Customizable invoice templates
- Mobile app
- Multiple user accounts
- Secure data storage
Pricing:
- Sage Business Cloud Accounting: £12 per month
- Sage Business Cloud Accounting + Payroll: £27 per month
- Sage 50cloud Accounts: £45 per month
How They Compare
Now that we have looked at the functionality, features, and pricing of both KashFlow and Sage, let's compare them side by side.
| Feature | KashFlow | Sage |
|---|---|---|
| Invoicing | ✔️ | ✔️ |
| Expenses | ✔️ | ✔️ |
| Bank feeds | ✔️ | ✔️ |
| VAT returns | ✔️ | ✔️ |
| Multi-currency | ✔️ | ✔️ |
| Reports and analysis | ✔️ | ✔️ |
| Cash flow statements | ✔️ | ✔️ |
| Credit control | ✔️ | ✔️ |
| Payroll | ❌ | ✔️ |
| Integration with PayPal | ✔️ | ❌ |
| Automated recurring invoices and reminders | ✔️ | ❌ |
| Customizable invoice templates | ✔️ | ✔️ |
| Mobile app | ✔️ | ✔️ |
| Multiple user accounts | ✔️ | ✔️ |
| Secure data storage | ✔️ | ✔️ |
| Price | 💰💰 | 💰💰 |
As seen in the table above, both KashFlow and Sage have many similar features such as invoicing, expenses, bank feeds, and reports. However, Sage has an edge in terms of payroll and integration with Microsoft Office 365. On the other hand, KashFlow offers automated recurring invoices and reminders.
When it comes to pricing, KashFlow has a lower entry-level price point than Sage. However, Sage offers more advanced features at a higher price.
Conclusion
In conclusion, both KashFlow and Sage are great accounting software options for small and medium-sized businesses. Ultimately, the decision on which software to use will depend on your business's specific needs and budget. We hope that our comparison helped you get a better understanding of the two options.