This two hour, online live instructor led (Zoom) course provides the knowledge to master the Sage 50 general ledger by using a hands-on approach with simulated source documents. It takes attendees step-by-step through the procedures for setting up the General Ledger, followed by transaction by transaction processing covering the concepts and techniques needed to use the General Ledger. Topics covered include General Ledger accounts, account settings and how to modify accounts to meet your company’s specific accounting requirements, a though understanding of the Chart of accounts, linked accounts and general journal entries. Attendees will be given plenty of opportunity to explore and practice these techniques throughout the course.
Also, it is important for most business to measure its performance against some standard. Budgeting in Sage 50 – Canadian offer users a simple but effective way to plan for the near future and assess performance. This course will cover every aspect of budget in Sage 50, from entering budget amount to printing budget reports showing actual vs. budgeted figures.
After completing this lesson, you will be able to:
- The Chart of Accounts – How It Works
- Creating / Modifying / Deleting Accounts
- Company Information
- Printing the Chart of Accounts
- The Session Date
- Accounting / Non-Accounting Terminology
- General Journal Transactions
- Recurring Transactions
- Creating and Storing Recurring Transactions
- Recalling Stored Recurring Transactions
- Adjusting and Reversing General Journal Entries
- Activate the budgeting feature in Sage 50 – Canadian Edition
- Select the budgeting periods you want to use
- Enter budget amounts
- Export and import budget amounts
- Updating budget amounts
- Add budget amounts to divisions
- Add budget amounts to projects
- Print budget reports
- Backing Up Sage 50 Data Files
Managers and personnel responsible the general ledger, budgeting and producing financial statements.
