Sage 50 Accounts

Course details

Accounting professionals are in evergreen demand, holding the financial backbone of corporations and firms globally. With the rise in businesses and economic activities around the world, there's an escalating demand for proficient bookkeepers and accountants.

The earning potential? Limitless! Depending on experience and qualifications, one can expect a lucrative career in this domain. Our course meticulously covers every aspect of Sage 50, from setting up systems, managing supplier and customer invoices, understanding bank reconciliations, handling petty cash, and much more. Elevate your theoretical knowledge, grasp intricate financial nuances, and become proficient in using one of the most renowned accounting software worldwide.

Learning Outcomes:

Master system set-up on Sage 50.
Efficiently manage customer and supplier accounts.
Understand and conduct bank and cash reconciliations.
Analyze and interpret aged reports.
Grasp the intricacies of payroll and related journals.
Efficiently manage VAT returns and financial year-end tasks.
Craft budget and delve into cash flow nuances.

Description:

Our Sage 50 Accounts course serves as a bridge to the vast world of accounting and finance. Grasping the fundamentals and working mechanisms of this celebrated software can give learners an edge in their academic or theoretical endeavors. The topics covered in this course are meticulously curated to ensure a robust understanding of financial transactions, ranging from basic invoicing to complex tasks like account reconciliation and VAT returns. Each topic unfolds benefits, such as gaining precision in financial reporting, ensuring compliance with taxation norms, and foreseeing financial forecasts through budgeting and cash flow analyses. Delve deep, enrich your theoretical reservoir, and equip yourself with a profound understanding of the functionalities and benefits of Sage 50.

Course curriculum:

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 Reconnciliation 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)

Who is this course for?

Aspiring accountants
Financial analysts
Business finance students
Entrepreneurial individuals

Career Path

Certified Sage 50 Accountant
Financial Controller
Accounting Software Consultant
Bookkeeping Specialist
Financial Reporting Analyst
Business Finance Advisor