Certificate in Sage 50 Accounts Intermediate Online Course

Learn Related Features In Sage 50 Accounts

Certificate in Sage 50 Accounts Intermediate Online Course

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AU$199

Save AU$70 (26%)
OFF RRP AU$269
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Learn Related Features In Sage 50 Accounts 

Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course.

For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts.

Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health. The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals.

In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process.

Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.

By the end of this course, you will learn :

  • How to set up a fixed asset record in Sage 50
  • Three methods of calculating depreciation
  • How to use the Asset Disposal Wizard and record sale of an asset
  • What to do if depreciation has been missed for a month
  • How to manage cheque and remittance
  • Setting up purchase order defaults
  • How to set up and calculate discounts on invoices and purchase orders
  • How to record the delivery of stock and update cost prices
  • Creating product defaults and understanding stock transactions
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule
  • How to use the ‘Check bill of material’ (BOM) feature to track stock availability
  • How to create price lists
  • How to apply special prices, print and delete price lists
  • How to set up manual discounts on sales orders and invoices
  • How to create service invoices and enter details for item lines

Course Fast Facts:

  1. Learn the fundamentals of Sage 50 Accounts Intermediate
  2. Comprehensive 10 module Accredited Certificate in Sage 50 Accounts Intermediate  Online Course
  3. Study along with simple instructions & demonstrations
  4. Written and developed by leading Sage 50 Accounts Intermediate experts
  5. Receive one-on-one online help & support
  6. Unlimited, lifetime access to online course
  7. Certificate of completion awarded with passing score for the online assessment
  8. Study at your own pace with no rigid class timetables, 24/7 from any computer or smart device

Course Delivery

Courses are accessed online by any device including PC, tablet or Smart Phone. Upon purchase an automated welcome email will be sent to you (please check your junk email inbox if not received as this is an automated email), in order for you to access your online course, which is Available 24/7 on any computer or smart mobile device. 

Recognition & Accreditation

All students who complete this course, receive a certificate of completion with a passing score (for the online assessment) and will be issued a certificate via email.

Module 1 : Getting started with the Intermediate Course, Accruals and Prepayments

  • Understanding the concept of accruals and prepayments;
  • How to set up prepayments and accruals in Sage 50;
  • How to run month end accounts;
  • How to post manual entries in the prepayment journal and the reversal;

Module 2 : Fixed Assets and Depreciation (I)

  • Understanding fixed assets and depreciation;
  • How to set up a fixed asset record in Sage 50;
  • Three methods of calculating depreciation in Sage 50;
  • How to post a fixed asset record based on hire purchase, and perform asset valuation;

Module 3 : Fixed Assets and Depreciation (Part II), Customer and Supplier Addresses and Purchase Orders (Part I)

  • How to use the Asset Disposal Wizard and record sale of an asset;
  • What to do if depreciation has been missed for a month;
  • What to do if an asset has been recorded and processed inaccurately;
  • How to re-index supplier and customer addresses;

Module 4 : Intermediate Processing Purchase Orders from Product Records

  • Setting up purchase order defaults in Sage 50;
  • Specifying different options, such as invoice numbering and default invoice format;
  • How to set up and calculate discounts on invoices and purchase orders;
  • How to create purchase orders and edit the item line;

Module 5 : Purchase Orders (Part III), Stock Control and Monitoring (Part I)

  • How to amend deliveries;
  • How to use the ‘Update ledgers' option for purchase orders;
  • How to cancel, delete or reverse a purchase order;
  • How to memorise and recall a purchase order;

Module 6 : Stock Control and Monitoring (Part II)

  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
  • How to post stock out, using sales invoices, credits and sales orders;
  • How to maintain stock levels, using the product shortfall and sales order shortfall options.

Module 7 : Inventory and Stock Control (Part III); Bill of Materials

  • Important reasons why businesses need to incorporate adjustments;
  • Assembly levels and link levels of products and sub-components;
  • How to use the ‘Check bill of material' (BOM) feature to track stock availability;
  • How to check the BOM to which a sub-component belongs, and deleting a BOM;

Module 8 : Product Pricing (Part II), Discounts and Credit Notes

  • How to create and apply price lists;
  • How to add products to a price list;
  • How to select calculation and recalculation methods for price lists;
  • How to import products into a customer price list;

Module 9 : Discounts; How to Enter and Post a Credit Note

  • A brief overview of the importance of a pricing strategy.
  • Different types of discounts that can be set up in Sage 50;
  • How to set up a ‘good customer discount';
  • How to set up early settlement and quantity discounts;

Module 10 : Sales Order Processing and Completion; Audit Trail and Credit Control

  • How to enter sales orders;
  • How to despatch a sales order;
  • How to view and interpret despatch information;
  • How to allocate stocks and complete a sales order;

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet. 

Minimum specifications for the computer are:

Windows:

  • Microsoft Windows XP, or later
  • Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

  • OSX/iOS 6 or later
  • Modern and up to date Browser (Firefox, Chrome, Safari)

All systems

  • Internet bandwidth of 1Mb or faster
  • Flash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

About this Course

Learn Related Features In Sage 50 Accounts 

Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course.

For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts.

Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health. The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals.

In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process.

Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.

By the end of this course, you will learn :

  • How to set up a fixed asset record in Sage 50
  • Three methods of calculating depreciation
  • How to use the Asset Disposal Wizard and record sale of an asset
  • What to do if depreciation has been missed for a month
  • How to manage cheque and remittance
  • Setting up purchase order defaults
  • How to set up and calculate discounts on invoices and purchase orders
  • How to record the delivery of stock and update cost prices
  • Creating product defaults and understanding stock transactions
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule
  • How to use the ‘Check bill of material’ (BOM) feature to track stock availability
  • How to create price lists
  • How to apply special prices, print and delete price lists
  • How to set up manual discounts on sales orders and invoices
  • How to create service invoices and enter details for item lines

Course Fast Facts:

  1. Learn the fundamentals of Sage 50 Accounts Intermediate
  2. Comprehensive 10 module Accredited Certificate in Sage 50 Accounts Intermediate  Online Course
  3. Study along with simple instructions & demonstrations
  4. Written and developed by leading Sage 50 Accounts Intermediate experts
  5. Receive one-on-one online help & support
  6. Unlimited, lifetime access to online course
  7. Certificate of completion awarded with passing score for the online assessment
  8. Study at your own pace with no rigid class timetables, 24/7 from any computer or smart device

Course Delivery

Courses are accessed online by any device including PC, tablet or Smart Phone. Upon purchase an automated welcome email will be sent to you (please check your junk email inbox if not received as this is an automated email), in order for you to access your online course, which is Available 24/7 on any computer or smart mobile device. 

Recognition & Accreditation

All students who complete this course, receive a certificate of completion with a passing score (for the online assessment) and will be issued a certificate via email.

Module 1 : Getting started with the Intermediate Course, Accruals and Prepayments

  • Understanding the concept of accruals and prepayments;
  • How to set up prepayments and accruals in Sage 50;
  • How to run month end accounts;
  • How to post manual entries in the prepayment journal and the reversal;

Module 2 : Fixed Assets and Depreciation (I)

  • Understanding fixed assets and depreciation;
  • How to set up a fixed asset record in Sage 50;
  • Three methods of calculating depreciation in Sage 50;
  • How to post a fixed asset record based on hire purchase, and perform asset valuation;

Module 3 : Fixed Assets and Depreciation (Part II), Customer and Supplier Addresses and Purchase Orders (Part I)

  • How to use the Asset Disposal Wizard and record sale of an asset;
  • What to do if depreciation has been missed for a month;
  • What to do if an asset has been recorded and processed inaccurately;
  • How to re-index supplier and customer addresses;

Module 4 : Intermediate Processing Purchase Orders from Product Records

  • Setting up purchase order defaults in Sage 50;
  • Specifying different options, such as invoice numbering and default invoice format;
  • How to set up and calculate discounts on invoices and purchase orders;
  • How to create purchase orders and edit the item line;

Module 5 : Purchase Orders (Part III), Stock Control and Monitoring (Part I)

  • How to amend deliveries;
  • How to use the ‘Update ledgers' option for purchase orders;
  • How to cancel, delete or reverse a purchase order;
  • How to memorise and recall a purchase order;

Module 6 : Stock Control and Monitoring (Part II)

  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
  • How to post stock out, using sales invoices, credits and sales orders;
  • How to maintain stock levels, using the product shortfall and sales order shortfall options.

Module 7 : Inventory and Stock Control (Part III); Bill of Materials

  • Important reasons why businesses need to incorporate adjustments;
  • Assembly levels and link levels of products and sub-components;
  • How to use the ‘Check bill of material' (BOM) feature to track stock availability;
  • How to check the BOM to which a sub-component belongs, and deleting a BOM;

Module 8 : Product Pricing (Part II), Discounts and Credit Notes

  • How to create and apply price lists;
  • How to add products to a price list;
  • How to select calculation and recalculation methods for price lists;
  • How to import products into a customer price list;

Module 9 : Discounts; How to Enter and Post a Credit Note

  • A brief overview of the importance of a pricing strategy.
  • Different types of discounts that can be set up in Sage 50;
  • How to set up a ‘good customer discount';
  • How to set up early settlement and quantity discounts;

Module 10 : Sales Order Processing and Completion; Audit Trail and Credit Control

  • How to enter sales orders;
  • How to despatch a sales order;
  • How to view and interpret despatch information;
  • How to allocate stocks and complete a sales order;

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet. 

Minimum specifications for the computer are:

Windows:

  • Microsoft Windows XP, or later
  • Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

  • OSX/iOS 6 or later
  • Modern and up to date Browser (Firefox, Chrome, Safari)

All systems

  • Internet bandwidth of 1Mb or faster
  • Flash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

We provide a 7 Day Money Back Refund on all Courses

Now Only AU$199 Save AU$70 (26%)
OFF RRP AU$269
Delivery Method Online
Get Info Pack

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Course Summary

Course ID No.: 070NSA171
Delivery Mode: Online
Course Access: Unlimited lifetime access to course material
Time required: Study at your own pace
Assessments: Yes
Qualification: Certificate of Completion

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