Sage 50 Accounting for Beginners Online Diploma - Best Seller

Course Modules/Lessons

Module 1 : Sage 50 Fundamentals of Accounting and Financial Management

An understanding of the purpose of accounting in business;
A perception of the importance of international standards in accounting practices;
The conceptual frameworks of basic accounting practices;
Statutory bodies in the UK that monitor accounting practices and financial reporting;
Module 2 : Manual and Computerised Accounting and Introduction to Sage 50

A brief history of Sage 50;
The key differences between manual accounting systems and computerised software;
A general overview and introduction to Sage 50;
The advantages and significance of using Sage 50;
Module 3 : Classic and Enhanced Views in Sage 50 Features and Functions of Sage 50

How to access Sage 50 from the desktop;
Introduction to classic and enhanced views;
How Sage 50 helps business owners enjoy improved financial and accounting management (VAT, accounting, employee, investor, customer and supplier management);
Enhanced features, including time management and diary integration.
Module 4 : Setting Up a New Company Entering Data for an Existing Company Navigating Practice and Demo Data

How to install a new company onto Sage 50;
How to access and enter details, including business name, address, financial year, currency and VAT details;
How to enter information regarding an existing company;
How to restore backup files;
Module 5 : Shortcut Keys and How to Navigate the Sage 50 Accounts Desktop

What are shortcut keys and how to use them in Sage 50;
A description of the important features of Sage 50 desktop and how to use them;
How to find and drill down on transactions and print reports;
Toolbars in the Report Preview and Report Selection window;
Module 6 : How to Create, Modify and Review Chart of Accounts

An understanding of the common terms used in accounting;
What is a Chart of Accounts and what are the benefits;
How to create, copy, modify, review and print the Chart of Accounts;
How to add and delete charts in the Chart of Accounts;
Module 7 : How to Create, Modify, Edit and Delete Bank Records How to Perform Bank Reconciliation

How to enter nominal records;
An introduction to the double-entry bookkeeping method;
The importance of banking records in business;
How to create, edit and delete bank records;
Module 8 : Beginner Nominal Ledger, Managing Petty Cash, Customer & Supplier Records

What is a nominal ledger and how to use it;
How to plan customer and supplier codes;
How to create and enter details for customers and suppliers;
How to delete customer and supplier records;
Module 9 : How to Perform Recurring Transactions How to Create Product and Stock Records

How to create recurring transaction entries;
Bank/cash/credit card payments, receipts, transfers;
How to process recurring transaction entries;
How to create products and view sales activity;
Module 10 : Beginner How to Create, Set Up and Manage Sales Invoices

How to create sales invoices in Sage 50;
The key differences between invoices, receipts and pro forma invoices.
How to enter relevant details in the different fields, including description, quantity and price;
How to enter order details in an invoice or credit note;