Sage Line 50 Accounts for Windows

Duration: 15 Hrs.
Fee: £ 250
(Unlimited practice sessions on our computer Lab)

1) Introduction to sage Line 50

·          Password and housekeeping
·          Navigating within Sage
·          Chart of Accounts
·          Coding accounts
·          VAT cash accounting

2) Sales Ledger

·          Setting up new customer accounts
·          Setting credit limits
·          Preparing customer address lists
·          Entering sales invoices
·          Recording sales credit notes
·          Dealing with sales discounts
·          Preparing customer statements

3) Purchase ledger

·          Setting up new supplier accounts
·          Preparing supplier address list
·          Entering and coding purchase invoices
·          Recording purchase credit notes
·          Recording purchase discount
·          Preparing remittance advice notes

4) Bank transactions

·          Recording sales and non-sales receipts
·          Entering supplier payments
·          Accounting for cash transactions
·          Entering recurring payments
·          Bank reconciliation

5) Nominal Ledger

·          Setting up nominal accounts
·          Setting budgets
·          Debtors and creditors control account
·          Correcting error
·          Journal entries

6) Reports

·          Aged debtor analysis
·          Aged creditor analysis
·          Monthly management accounts
·          Trial balance
·          Profit and loss account
·          Balance sheet

7) VAT Returns

·          Preparing quarterly VAT returns
·          Reconciling the VAT return
·          VAT cash accounting scheme
·          Other VAT issues