Sage 50

Overview

The Sage 50 course is designed to provide individuals with the essential knowledge and skills to effectively use Sage 50 Accounts, a popular accounting software used by businesses of all sizes. Through a series of comprehensive lectures, participants will gain a solid understanding of various aspects of Sage 50, from initial setup to managing company preferences, transactions, and user settings. The course begins with an introduction to Sage 50, familiarizing participants with the software's interface and key features. They will learn how to navigate the system, access menus, and utilize important tools and functionalities.

Getting started with Sage 50 Accounts is the next focus of the course. Participants will be guided through the process of setting up Sage 50 for their specific business needs. They will learn how to create company profiles, define accounting periods, and establish chart of accounts. Setting up preferences in Sage 50 Accounts is essential for tailoring the software to align with individual business requirements. Participants will learn how to configure company preferences, including fiscal year settings, currency options, tax codes, and other customizations.

Entering default settings for banks, customers, suppliers, and products is covered in the course. Participants will understand how to enter and manage bank defaults, customer defaults, and supplier defaults, streamlining transaction processes and ensuring accuracy in financial records. Ageing transactions, an important aspect of financial management, is explored in the course. Participants will learn how to set up ageing schedules, track overdue payments, and manage outstanding balances for customers and suppliers.

Additionally, the course covers setting up users in Sage 50 Accounts. Participants will gain insights into creating user profiles, defining access levels, and managing security settings. They will understand how to control user permissions and maintain data integrity within the software. Upon completion of the Sage 50 course, participants will possess the necessary skills to effectively use Sage 50 Accounts for various accounting tasks. Whether managing financial records, generating reports, or maintaining accurate records of customers, suppliers, and products, this course provides a solid foundation for individuals aiming to excel in the use of Sage 50 software.

What Will You Learn?

• Introduction to Sage 50 Accounts and its key features.
• Getting started with Sage 50 Accounts and setting up company profiles.
• Configuring company preferences, including fiscal year, currency, and tax codes.
• Entering default settings for banks, customers, suppliers, and products.
• Managing ageing transactions and tracking overdue payments.
• Setting up user profiles, access levels, and security settings.
• Utilizing Sage 50 Accounts for financial record management and reporting.

Who Should Take The Course?

• Small business owners or entrepreneurs who want to learn how to use Sage 50 for their accounting needs.
• Accounting professionals seeking to enhance their skills and proficiency in using Sage 50 software.
• Individuals working in finance or bookkeeping roles who want to expand their knowledge of Sage 50.
• Students or individuals aspiring to pursue a career in accounting or finance.
• Anyone interested in learning how to effectively use Sage 50 for financial record management and reporting.

Requirements

• Have basic computer skills and familiarity with using software applications.
• Have access to a computer or laptop with Sage 50 Accounts software installed or access to an online version.
• Possess a fundamental understanding of accounting principles and terminology.
• Be proficient in English (UK) language.
• Have a genuine interest in learning how to use Sage 50 for financial record management.