Practical Accountancy Training with Guaranteed Placement

Sage Bookkeeping training:

Module 1:

Create a new company

Sage 50 helps you to learn and create a new company data file.

• Makes you to learn and identify the needs of the company. Implement the discussion on template.
• Its Software is being configurated and based on identified company needs
• The Module has being customised and set up according to the following
  
  • Arrangement of accesseable rights to users
  • Arrangement of Bank, cash and credit card accounts
  • Arrangement of Customer and supplier records
  • Arrangement of Departments

Changing global options

• Makes you to learn and how to use default setting that results in determining the data the way it has being displayed in sage 50
• Changing the system date & accounting periods

• Sage 50 makes it easier to work with as it divides the whole fiscal year into a number of accounting periods.
• Makes you learn how to identify and choose a correct accounting period and know how to modify the system date in Sage 50.

Modifying the chart of accounts

You will also have a

• Deeper understanding of subsidiary and general ledger, setting up the chart of accounts
• Arrangement of the Customer, Supplier and Tax codes

• Arrangement of the software for company use by entering opening balances for nominal, customer and supplier accounts

Sage Bookkeeping training:

Module 2:

Confidently using Sage 50

Supplier Module :

• Computing supplier invoices, credit notes and post supplier payments
• Analysing supplier account activity
• Computing reconciliation of supplier account activity
• Recrding supplier invoices & carrying out aged creditor analysis
• Designing various Daybook reports for the Supplier activity
• Organizing the purchase budgets and payment runs via Supplier reports
• Modify and revise the supplier account details
• arrangement and processing of recurring transactions

Customer Module

• Generating and updating invoices, purchase orders, quotes and credit notes for customers
• Computing customer invoices.
• Extracting the reconciliation of customer account activity
• Recording customer receipts & carrying out the aged debtor analysis
• Designing various Daybook reports for the Customer activity
• Organizing the cash flow and working capital based on generated reports
• Modify and revise the customer account details
• Arrangement and process recurring transactions
• Organizing the credit control, including statements and overdue letters

Bank Module

• Analyze various bank accounts
• Performing on numerous petty cash transactions
• Accessing the petty cash reconciliation
• Recording the bank transactions

Sage Bookkeeping training:

Module 3:

Company Module

• Rectification, identification and correction of errors while computing
• Analysing and keeping the data safe by using various backups
• Understanding various options available to manage the overall bookkeeping
• Keeping an eye on the transactions and generating audit trails
• How to record and process General Trail balance and financial statements

VAT

• Deeper knowledge and understanding of various VAT Scheme
• Updating and analysing of Cash, Standard , flat rate schemes in Software
• Understanding the various other policies related to VAT on goods from EU Countries
• Keeping a general record of the various matter related to Acquisition Tax
• Deeper Knowledge and better understanding of Intrastat Supplementary declarations
• Updated Knowledge of Tax matters on goods purchased from non-EU countries , and how to process and apply for EORI
• Claiming relief on the goods returned outside EU
• Analysing and choosing the appropriate VAT quarters
• Keen Observation and analysis of all spreadsheets related to the transactions
• Proper analysis of VAT related to mixed transactions ,identifying the zero rated, standard rated items and recording it and performing a reconciliation to calculate the VAT
• Introduction to various important VAT industry specific issues for Retail , IT , Construction industries.
• Writing off bad debt and perform a VAT reclaim
• Guidelines and knowledge about how to perform VAT adjustments
• For better understanding on how to the work on VAT regular workshop has being introduced.