Sage 50 Accounts Intermediate Diploma

Sage 50 Intermediate Diploma Course

Successful business management involves complex tasks and functions that help streamline processes. The Sage 50 Intermediate Diploma Course covers more intricate tasks compared to the beginners course. For improved clarity, you may refer back to the beginners course. Each concept appears and is explained before exploring related features in Sage 50.

Businesses often deal with numerous transactions monthly. For example, accruals occur when transactions happen but cash has not been received or paid yet, indicating a business’s financial health. The Sage 50 Intermediate course teaches you how to leverage Sage 50 features to calculate accruals. Additionally, you will learn how to prepare and process purchase orders from product records, helping keep the inventory system up to date and streamline purchasing.

What You Will Learn

• Set up a fixed asset record in Sage 50
• Use three methods to calculate depreciation
• Utilize the Asset Disposal Wizard and record the sale of an asset
• Address missed depreciation for a month
• Manage cheques and remittance
• Set up purchase order defaults
• Calculate discounts on invoices and purchase orders
• Record the delivery of stock and update cost prices
• Create product defaults and understand stock transactions
• Correct an incorrectly entered AI using exact and average cost price methods
• Incorporate stock adjustments using the FIFO (First-in-First-out) rule
• Use the ‘Check bill of material’ (BOM) feature to track stock availability
• Create price lists and apply special prices
• Set up manual discounts on sales orders and invoices
• Create service invoices and enter item line details

Benefits of the Sage 50 Intermediate Diploma

Studying the Sage 50 accounting software in-depth helps you add value to your team. Sage 50 software is also ideal for business owners who want to manage their own accounting and invoicing, reducing reliance on external accountants. Additionally, it perfectly suits those transitioning from manual payroll to a computerized system.

By updating your skills in Sage 50, you can demonstrate your abilities to potential employers. The Sage 50 online course suits individuals, entrepreneurs, and students who want to learn computerized accounting and invoicing. A detailed working knowledge of Sage 50 builds confidence and enables you to provide high-standard accounting services. Candidates from all backgrounds can learn this course; you need only basic numeracy, literacy, and IT skills.

For more details, visit our course page.