Sage Accounting: Course
Length: One-Day
Fees: Training at Client Offices:
One
delegate: £500 per-day + VAT
Additional delegates attending: £100 each per-day + VAT Overview: This
course is designed for beginners as an introduction to Sage Line 50 and aims to teach the use of the main features of this accounting package. It assumes that the student has a basic understanding of bookkeeping
procedures and an understanding of the double-entry principal. We do not teach how to set
up an accounting system from scratch nor attempt to teach bookkeeping.
Delegates will be shown how to use the main functions of Sage
Line 50 including Nominal Ledger, Bank Accounts (Bank Reconciliation; Bank
Transfers; Recurring Entries); Customer & Supplier Supplier Modules, Products;
Invoicing; Statements; Receipts & Payments; VAT Reconciliation; Correct Error
Postings; Profit & Loss, Balance Sheet and Trial Balance reports.
Introduction
 | Looking at the menus & toolbar options |
| Setting the financial year |
| Backing up and restoring data files |
Nominal Account Names & Numbers
| Viewing and printing the Nominal Account List |
| Sage Nominal Account Ranges (Groupings) |
| Transactions and Double Entry |
| Changing Nominal account names |
| Control Accounts (changing the defaults) |
| Entering Journal Entries (debit/credit) |
| Nominal Activity Reporting (details/graph/activity) |
Bank Transactions/Reporting
| Creating/Editing Bank Accounts |
| Bank receipts; Bank payments |
| Supplier Payments |
| Customer Receipts |
| Allowing discounts |
| Posting Payments On Account |
| Printing a Remittance Advice |
| Bank Transfers |
| Combined payments (posting payments to
more than one nominal code) |
| Petty Cash transactions |
| Bank Statement Reconciliation |
| Bank Reporting |
Customers & Suppliers
| Entering & Modifying Customers details |
| Setting credit limits; Default nominal
codes |
| Entering Supplier details |
| Customer/Supplier activity |
Service Invoices
| Creating and Printing a Service Invoice |
| Updating Ledgers |
Products & Stock Control
| Categories |
| Adding Products & Setting re-order levels |
| Stock adjustment In/Stock adjustment Out |
| Checking stock levels report |
| Product activity reporting |
Product Invoices
| Creating/Changing product sales invoices |
| Product Codes |
| Discounts – various methods |
| Entering customer order details |
| Printing Invoices and Updating Ledgers |
Aged Debt Analysis / Statements
| Checking outstanding balances |
| Aged Debtors Analysis / Creating a Statement |
Purchase Invoices
| Entering the Suppliers details |
| Batch invoices – entering supplier invoices |
| Checking Supplier account balances |
| Making payments to suppliers |
| Printing a Remittance Advice |
| Supplier’s transaction history module |
Recurring Entries
| Recurring Entries |
| Journal Credits/Debits |
| Processing Recurring Entries |
| Suspend/Deleting Recurring Entries |
Prepayments & Accruals
| Prepayments |
| Accruals |
| Processing Prepayments & Accruals |
VAT Return
| Notes on VAT Returns |
| Producing & Printing the VAT Return |
| Reconciling the VAT transactions |
| Paying the VAT |
Financials – Reports & Information
| The Audit Trail (complete list of every transaction) |
| The Trial Balance (current state of each nominal account) |
| Profit and Loss (shows whether a company is making a profit
or loss) |
| Balance Sheet (liabilities report) |
If you have other questions, please contact us at
enquiry@it-uk.com
or
complete
our response form |
