Sage Line 50

What do I get out of it?

• Ability to extract information from the screen and as printed reports
• Control of important book-keeping procedures such as Journals, Bank Reconciliation, Month End and VAT reports
• An understanding of set-up considerations and procedures such as planning the Chart of Accounts and entering Opening Balances

Day 1 - Overview of Sage Line 50 Accounts

• Setting up the Sage Accounts System: Setting defaults and preferences
• Planning and creating a chart of accounts
• Setting program options
• Entering opening balances
• Altering and designing stationery layouts
• Sales Ledger: Creating SAGE accounts
• Entering manually prepared invoices & credit notes
• Producing free text Invoices via Invoice Production
• Skeleton Invoices
• Refunds and write-offs
• Contra Entries
• Purchase Ledger: Creating accounts
• Entering invoices & credit notes
• Disputing Invoices
• Bank Transactions: Supplier Payments; Customer Receipts; Bank Payments and Receipts;
• Petty Cash Payments and Receipts
• Credit Card Payments
• Bank Transfers
• Bank Reconciliation
• Cheque Printing

Day 2

• Nominal Ledger: Overview; Nominal Ledger reports; Journal entries; Skeleton journals 
• Assets Register: Creating Categories. Recording Assets
• VAT: Preparing the VAT Analysis Report
• Reconciling transactions
• General Maintenance: Backup and Restore; Error Correction
• Criterion searches
• Use of shortcut keys
• Reports
• Month End Procedures: Recurring Entries; Prepayments & Accruals. Depreciation; Closing off
• Year End Procedures: Reconfiguration; Zeroing balances; Closing off
• Further Reporting: Sales, Purchase, Nominal and Bank Reports; Budget and Prior Year Comparisons; Graphs