Sage 50

Course Objectives:

• Develop proficiency in using Sage 50 for day-to-day accounting tasks.
• Understand the software's features for bookkeeping, invoicing, and inventory management.
• Learn how to create and manage financial reports for informed decision-making.
• Gain hands-on experience in navigating the software's interface and functionalities.
• Enhance employability with practical skills in using a widely recognized accounting software.

Course Curriculum:

1. Introduction to Sage 50

   • Overview of Sage 50 and its benefits for businesses
   • Navigating the software interface and settings

2. Chart of Accounts and Financial Transactions

   • Setting up and managing the chart of accounts
   • Recording and tracking financial transactions (sales, purchases, payments, etc.)

3. Invoicing and Receivables

   • Creating and sending invoices to customers
   • Managing accounts receivable and tracking payments

4. Payables and Vendor Management

   • Entering bills and managing accounts payable
   • Tracking vendor payments and managing expenses

5. Inventory Management

   • Setting up inventory items and managing stock levels
   • Recording inventory purchases and sales

6. Financial Reporting

   • Generating financial statements (profit and loss, balance sheet, etc.)
   • Customizing reports to suit business needs