SAGE | Best Accounting Package for Sole Traders in Ireland?

  • By: Walter Dunphy ACCA
  • Date: October 3, 2022
  • Time to read: 4 min.

Starting a new business is an exciting time, it is easy to get sucked into a mindset of just sell, sell, sell, and putting everything else on the back burner. But setting up a solid accounting system from the beginning that tracks your business’s performance will make, as well as save you a headache of going back through months of records to try and put your accounts together.

In this blog post, we will take a look at one of the best accounting software packages available to sole traders, freelancers, and small businesses in Ireland – Sage Business Cloud Accounting (SAGE ONE).


Price €12 p/m + VAT €27 p/m + VAT
Free Trial 3 Months (When you sign up here) 3 Months (When you sign up here)


Cloud-based – access from anywhere No Fixed Asset Module
Cheaper option available for sole traders Payroll Software not included as a standard
Customers can pay directly from your invoice No automatic numbering system for journals
Ease of use- You can open multiple tabs on your browserYou will not have access during maintenance periods
Automation – linking a bank account and creating rules Security features basic
Detailed Tax Reporting – VAT, VIES, RTD Customer support can be slow
Create custom invoice templates with your own logo Cheaper alternatives on the market
Email Customer invoice directly from platform- with click of a buttonReporting could be made better- grouping


You don’t have to be an accountant to be able to use the Sage Cloud Software, it is very simple to navigate and use.

The ‘Start’ package is targeted at sole traders and freelancers whereas the ‘Accounting’ package has much more advanced features more suited to small businesses. Let’s compare them further:

No. of users 1 Multiple
Customer Management ModuleYes Yes
Supplier Management ModuleNo Yes
VAT Return FeatureYesYes
VIES FeatureNoYes
RTD FeatureNoYes
Bank AutomationYesYes
Inventory Management ModuleNoYes
Forecast Cash FlowNoYes
Advanced ReportsNoYes
Invite AccountantYesYes

Helping you with Taxes

VAT reporting can be time-consuming, but SAGE has some super easy reports that really simplify the process for you. For example, you can run a report for your VAT return at the click of a button. This report is developed to match how the data is to be entered on a return via the Revenue Commissioners ROS tax reporting system.

Similarly, they also have tax reports that will help you file VAT Information Exchange System (VIES) returns and Return of Trading Details (RTD).


To make your life easier you can try to automate as much of your accounting as possible. This can be done by importing bank transaction and setting up rules that allocates recurring transactions to where they need to go.

Get Paid Faster

When emailing customers invoices a link can be attached to the invoice that will allow them to pay it immediately and also see all previous emails and payments made to date. This can greatly reduce the number of queries and time-wasting of managing your debtor’s control system.

Sage Marketplace

Another great feature of Sage is the ability to integrate your accounting package with other systems you use in your business which can improve your workflows.

Systems like Stripe, Shopify, etc can be are available for integration. With these integrations, you can eliminate data entry and securely transfer data between both programmes.


Profit and Loss StandardProfit and Loss – Standard
Balance SheetProfit and Loss – Comparative
Aged DebtorsBalance Sheet
Sales Day BookTrial Balance
Trial BalanceAged Debtors
Category ActivityAged Creditors
Audit TrailSales Day Book
Chart of AccountsPurchases Day Book
Unreconciled Bank TransactionsProfit Analysis
Cashbook ReportSales Revenue – Products and Services
VAT ReturnNominal Activity
Audit Trail
Chart of Accounts
Cash Flow Statement
Cash Flow Forecast
Receipts and Payments Day Book
Unreconciled Bank Transactions
Unallocated Receipts or Payments
Cashbook Report
VAT Return
Overseas Purchase of Goods
VIES Report
Return of Trading Details
Stock Movement Report


SAGE is not the only cloud based accounting package on the market, there are many more you can try out to see what works best for you. Here are some of our top picks.

  • Quickbooks
  • Xero
  • Big Red Cloud
  • Accounts IQ


According to Trust Pilot Sage has a rating of 4.6 from 15,147 reviews.

Trust Pilot Rating


Sage is a reliable choice for both sole traders and small businesses in Ireland. The main selling point of Sage is that they tailor their product to meet your local tax laws and requirements. They also provide great updates on changes in laws and learning materials for their customers. The price is also very competitive and better than a lot of their competitors.

Although the Stater account has less features it should still cover most of the needs of sole traders and freelancers in Ireland.

Disclaimer: This blog post is for informational and educational purposes only and should not be construed as financial advice. Links may contain affiliate deals.

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