Requirements

• Basic Accounting Knowledge (Preferred but Not Required) – No prior experience needed
• but familiarity with accounting concepts will be helpful.
• A Computer with Windows OS – Sage 50 is a Windows-based software
• so you’ll need a PC or laptop with a compatible operating system
• Internet Connection (Optional) – Needed for downloading software
• accessing course materials
• and updates
• Willingness to Learn – A positive mindset and eagerness to explore Sage 50 will help you get the most out of this course!

Description

Want to learn how to manage accounting with Sage 50? This course will take you from the basics to advanced features, helping you master Sage 50 Accounting step by step. Whether you're a beginner or someone looking to sharpen your skills, this course will guide you through everything you need to know.

You'll start by learning how to install Sage 50, set up a company, and explore its features. Then, you'll move on to creating and customizing the chart of accounts, entering opening balances, handling customers and vendors, and managing inventory.

As you progress, you'll dive into recording transactions, handling purchase and sales invoices, managing payments, and reconciling accounts. You'll also learn advanced topics like handling prepaid expenses, adjusting credit limits, processing purchase and sales returns, and generating financial reports.

By the end of this course, you'll be confident in using Sage 50 for daily accounting tasks, financial reporting, and managing business transactions with ease.

What You Will Learn

• Install and set up Sage 50 Accounting

• Create and customize the chart of accounts

• Manage opening balances, customers, and vendors

• Handle purchases, sales, and credit transactions

• Record and process invoices, payments, and expenses

• Work with inventory, raw materials, and manufacturing features

• Generate and customize financial reports

• Reconcile accounts and correct existing records

Advanced Topics Covered:

• Handling complex accounting adjustments, including prepaid expenses, accrued expenses, and bad debts

• Managing opening balances for vendors, customers, inventory, and raw materials

• Understanding direct sales, service invoices, credit sales, and customer advances

• Comprehensive project accounting and inventory management for manufacturing businesses

• Recording and reconciling purchase orders, sales invoices, and financial transactions

• Generating accurate financial reports and compliance-ready statements

Why Take This Course?

This course provides a practical and hands-on approach to mastering Sage 50 Accounting, ensuring that you gain the essential skills needed to manage financial transactions, track expenses, and generate financial reports with confidence.

You'll learn industry best practices for bookkeeping, reporting, and financial management, making this course ideal for business owners, accountants, and finance professionals looking to improve efficiency.

With step-by-step instructions, real-world scenarios, and in-depth explanations, you’ll be able to handle the accounting needs of any business using Sage 50 with ease and accuracy.

Who this course is for:

• Beginners & Aspiring Accountants – If you’re new to Sage 50 or accounting
• this course will give you a strong foundation
• Small Business Owners & Entrepreneurs – Learn how to manage your business finances efficiently using Sage 50
• Bookkeepers & Accounting Professionals – Enhance your skills and improve your ability to manage financial records
• Students & Finance Enthusiasts – Perfect for those studying accounting
• finance
• or business management
• Freelancers & Consultants – Ideal for independent professionals who want to offer Sage 50 bookkeeping services