Sage 50 – Formerly PeachTree

Course Overview

Sage is UK’s the most popular Accounting Software. It helps Small and Medium sized businesses to manage their Finances effectively

Outline

Part1: Getting Started with Sage

• Introduction to Accounting.
• Introduction to Accounting Software.
• Getting Started with Sage
• How to create a company
• Creation of Chart of Accounts.
• Edit Chart of Accounts.
• Deleting Chart of Account List.
• Enter Opening Balances in Chart of Account.
• Viewing Reports of Chart of Accounts.

Part2: The Vendor Center:

• Introduction to vendor center
• How to Create of Vendors.
• Purchase Orders.
• Enter Bills.
• Payments to Vendors.
• Purchase Return/ Vendor Credit Memos.
• Refund of Cash from Vendors.
• Vendor Reports

Part3: The Customer Center:

• Introduction to Customer Center
• How to Create Customers.
• What is Estimates?
• Sale Orders.
• Sale Invoices.
• Record Customers payments.
• Recording of Sales Returns.
• Job Order Costing In Sage
• Accounts Receivable Reports.

Part4: Inventory in Sage:

• What is Inventory?
• How to Enter Inventory Items in Sage.
• Inventory in QuickBooks.
• Inventory Adjustments.
• Check the Reports of Inventory.

Part 5: The General Journal:

• What is General Journal
• The use of General Journal
• Journal Entries in Sage.
• New journal entries.
• Edit Journal Entries.
• Delete Journal Entries.
• Recurring Entries
• Report of Journal Entries.

Part 6: Payroll in Sage:

• Introduction to Payroll.
• Payroll in Sage.
• Add, Edit, Employee’s Records.

Part 7: Banking in QuickBooks

• Introduction to Banking in Sage
• Write Checks
• Make Deposits
• Transfer Funds.

Part 8: Configurations

• Multiple Currencies.
• How to Make Classes.
• Backup company data.
• Restore company data.
• Closing the Accounting Period of Company.

Part 9: Reporting

• The Profit & Loss
• Balance Sheet
• Accounts Receivable Reports
• Accounts Payable Reports