Sage Line 50 Accounting Version 10 

Course Prerequisites

Students should have an elementary knowledge of Double-entry bookkeeping, or should complete our half-day preparation course to update and underpin their skills.
The course is designed to cater for the operation of Sage Line 50 Accounting Package in everyday requirements that are common to most organisations.

Course Objectives

Purchase Ledger

• Set up accounts in the purchase ledger for new suppliers

• Record invoices received from suppliers

• Record credit notes received from suppliers

• Post entries to the Purchase and Nominal Ledger

• Produce batch listing
   

Sales Ledger

• Set up accounts for new customers

• Record sales made to existing customers

• Record credit notes to existing customers

• Post entries to the Sales and Nominal Ledger

• Produce batch listing and reports

Payments to Suppliers

• Locate invoices for payment

• Post Payments

• Deal with discounts

• Make payments on account

• Produce ‘one-off’ payments

• Produce reports

 Receipts from Customers

• Deal with payments received from customers

• Deal with credit notes and customer receipts

• Account for discounts, returned cheques, refunds and write-offs

• Deal with ‘payments with order’ Other Cash

Transactions

• Deal with petty cash payments

• Journal entries and bank-cash transactions

• Bank reconciliation

• Bank transactions not involving sales and purchases