Diploma in Sage 50 Accounts Payroll

Course details

• Demonstrate proficiency in Sage 50 for effective financial management.
• Execute accurate bank reconciliations and manage petty cash efficiently.
• Master payroll processing, including e-submissions and year-end procedures.
• Generate VAT returns and navigate Aged Reports for informed decision-making.
• Create and manage projects, invoices, and credit notes with precision.
• Understand legislative settings and pension scheme basics for payroll compliance.
• Apply journal entries, including year-end and budgeting for financial control.
• Competently handle fixed assets and reconcile credit card accounts.
• Efficiently add, update, and edit employee records in Sage Payroll.
• Successfully execute final payroll runs and handle historical data reporting.

• Sage 50 Bookkeeper – Coursebook
• Introduction and TASK 1
• TASK 2 Setting up the System
• TASK 3 a Setting up Customers and Suppliers
• TASK 3 b Creating Projects
• TASK 3 c Supplier Invoice and Credit Note
• TASK 3 d Customer Invoice and Credit Note
• TASK 4 Fixed Assets
• TASK 5 a and b Bank Payment and Transfer
• TASK 5 c and d Supplier and Customer Payments and DD STO
• TASK 6 Petty Cash
• TASK 7 a Bank Reconciliation Current Account
• TASK 7 b Bank Reconciliation Petty Cash
• TASK 7 c Reconciliation of Credit Card Account
• TASK 8 Aged Reports
• TASK 9 a Payroll
• 9 b Payroll Journal
• TASK 10 Value Added Tax – Vat Return
• Task 11 Entering opening balances on Sage 50
• TASK 12 a Year end journals – Depre journal
• TASK 12 b Prepayment and Deferred Income Journals
• TASK 13 a Budget
• TASK 13 b Intro to Cash flow and Sage Report Design
• TASK 13 c Preparation of Accountants Report & correcting Errors (1)

• Payroll Basics
• Company Settings
• Legislation Settings
• Pension Scheme Basics
• Pay Elements
• The Processing Date
• Adding Existing Employees
• Adding New Employees
• Payroll Processing Basics
• Entering Payments
• Pre-Update Reports
• Updating Records
• e-Submissions Basics
• Process Payroll (November)
• Employee Records and Reports
• Editing Employee Records
• Process Payroll (December)
• Resetting Payments
• Quick SSP
• An Employee Leaves
• Final Payroll Run
• Reports and Historical Data
• Year-End Procedures