Gain an intermediate level of knowledge and learn how to use Sage 50 accounts to manage your own business accounts or your client’s accounts. This course will set you up with a strong understanding and practical knowledge of Sage 50 accounts to advance your business or career. You will also be able to ask work related questions and we shall provide you practical solution where possible. There are 3 levels of training;

1. Introduction of Sage 50 accounts software
2. Navigate in different modules
3. Setting up business, default settings and templates
4. Chart of accounts and adding new nominal accounts
5. Creating customers, suppliers, products and services
6. Raising customer invoices and posting supplier bills/ purchases invoices
7. Editing or deleting invoices or bills
8. Dealing with customer credit notes and supplier credits
9. Creating bank accounts and enabling bank feeds/ manual uploading bank statements
10. Recording bank transactions e.g. customer receipts, supplier payments, bank receipts, bank payments etc
11. Credit card and petty cash expenses
12. Bank reconciliation and fixing errors
13. Month/ period end journals e.g. payroll, depreciation, accruals, prepayments, bad debts write-off, provision for doubtful debts
14. VAT return and Making tax digital (MTD) compliance
15. Fixing mistakes after VAT reconciled and submitted to HMRC
16. Preparing and filing CIS return (if applicable)
17. Generating accounting reports for management or external accountants e.g. P&L, balance sheet, cashflow statements, agent debtors, aged creditors, trial balance etc