Accounting |Sage Practical Training

After attending this course, delegates will be able to:

Be confident in navigating around the Sage 50 Accounts program.

Understand the Sales, Purchase and Nominal Ledgers within Sage, and how these work together.

Set up records within Sage Accounts.

Process day to day transactions within Sage Accounts, including: Sales Invoices and Receipts, Purchase Invoices and Payments; Bank and Cash transactions.

Produce standard reports from Sage Accounts, including: VAT returns and reports, Aged debtor and creditor reports, Profit and Loss and Balance Sheet reports.

Setting Up Sage Accounts
Installation and Setup (overview)
Setting your Financial Year
Setting your VAT scheme
Tax Codes (overview)

General Navigation
Finding your way around Sage Accounts

The Company Module
The Nominal Ledger
Customising your Nominal Ledger
The Chart of Accounts
The Financials module

Working with Customers
Setting up Customer records
Setting up Customer Defaults
Creating Invoices and Credits to print
Entering Invoices and Credits (printed on a different system)
Receiving money from customers

Working with Suppliers
Setting up Supplier Records
Setting up Supplier Defaults
Entering Supplier Invoices and Credits
Paying Suppliers

The Bank module
Setting up Bank Accounts
Making payments where there is no invoice
Receiving money where there is no invoice
Direct Debits and Standing Orders
Bank Reconciliation

The VAT Return
Running a VAT Return
Checking and Reconciling the VAT Return
VAT Reports

Anyone looking to start a career in Accountancy

This course assumes basic knowledge of computer use - using a keyboard and mouse, left and right clicks, basic knowledge of Windows etc.

Although knowledge of book - keeping / accounting terminology and manual double entry is not specifically necessary to use Sage Accounts, a basic understanding is helpful and attendance of the introductory course 'Sage Book Keeping - Overview and Introduction' would be recommended for those with no experience of financial systems at all.

We invite you in for Free face to face Consultation