Get more with Sage 50cloud Accounting

Lesson Content

Lesson 1 Navigate Sage 50 Accounting

  • Introducing QuickBooks
  • Start Sage 50 Accounting
  • Navigate the Home Windows
  • Get Help While Using Sage 50 Accounting
  • Open Multiple Companies
  • Find Transactions
  • Preview Reports

Lesson 2 Create a New Company

  • Lesson Objectives
  • Access the Create a New Company Wizard
  • Create Your Company Database
  • Select a Business Type
  • Build Your Own Chart of Accounts
  • Defining Account Segments
  • Choose an Accounting Method
  • Choose a Posting Method
  • Set up Accounting Periods
  • Select a 12-Month Fiscal Year

Lesson 3 Setting up the Chart of Accounts

  • Lesson Objectives
  • Introduction
  • Setting Up Account Defaults
  • Modifying the Chart of Accounts
  • Account Numbering
  • Account Types
  • Masking
  • Entering Account Beginning Balances
  • Chart of Accounts Beginning Balance
  • Out-of Balance Situation

Lesson 4 Setting Up Vendors

  • Lesson Objectives
  • Entering Vendor Defaults
  • Adding Vendors
  • Vendor Beginning Balances

Lesson 5 Setting Up Inventory & Services

  • Lesson Objectives
  • Introduction
  • Entering Inventory Defaults
  • Adding Inventory Items
  • Entering Inventory Beginning Balances

Lesson 6 Setting Up Customers

  • Lesson Objectives 
  • Introduction
  • Entering Customers Defaults 
  • Setting Up Sales Taxes 
  • Adding Customers 
  • Entering Customer Beginning Balances 
  • Entering Statement and Invoice Defaults 

Lesson 7 Setting Up Payroll and Employees

  • Lesson Objectives
  • Introduction 
  • Entering Payroll Defaults 
  • Entering Employee Defaults 
  • Adding Employees 
  • Entering Employee Beginning Balances

Lesson 8 Processing Purchases and Payments

  • Lesson Objectives
  • Introduction
  • Entering Purchase Orders
  • Editing Transactions 
  • Receiving Inventory and Entering Bills 
  • Paying Bills 
  • Vendor Management

Lesson 9 Adjusting Inventory & Using Assemblies

  • Lesson Objectives
  • Entering Inventory Adjustments 
  • Building and Unbuilding Assemblies 
  • Inventory Reports

Lesson 10 Processing Sales & Receipts

  • Lesson Objectives
  • Introduction
  • Entering Quotes
  • Converting a Quote
  • Entering Receipts/Receive Payments
  • Handling Specific Types of Receipts
  • Accounts Receivable Reports
  • Customer Statements 
  • Customer Management 

Lesson 11 Processing Payroll

  • Lesson Objectives
  • Paying Employees 
  • Payroll Reports

Lesson 12 Banking in Sage 50 Accounting

  • Lesson Objectives
  • Introduction 
  • Selecting Receipts for Deposit
  • Using the Account Register 
  • Reconciling Accounts 
  • Banking Reports

Lesson 13 Entering Journal Entries & Running Financial Reports

  • Lesson Objectives
  • Entering General Journal Entries 
  • Recurring Journal Entries
  • General Ledger Reports 
  • Financial Statements

Lesson 14 Using Company-Wide Settings

  • Lesson Objectives
  • Maintaining Global Options 
  • Maintaining Data
  • Setting Up Security
In addition to fundamental knowledge in accounting and bookkeeping, you are expected to have some basic proficiency in the use of Windows PC and online browsing. For those without an Accounting background, we recommend to first go through a course to understand best practices in accounting. For those with accounting knowledge but no PC skills, please consider our other courses with Microsoft Excel and learning to work with worksheets.
Training for Sage 50 Accounting Schedule
Course Fee Time Number of Days Location Enrollment
Sage 50 Accounting Training $250 8:30 am - 12:00 pm
1:30 pm - 5:30 pm
4-Day (every Saturday - Sunday) ISE Register
Sage 50 Accounting Training $250 8:30 am - 12:00 pm
1:30 pm - 5:30 pm
4-Day (Monday - Thursday) ISE Register
Sage 50 Accounting Training $250 6:00 pm - 9:00 pm 10-Day (Monday - Friday) ISE Register
ISE’s Sage 50 Accounting Certification Course is designed to impact you with the underlying technical understanding, user knowledge, as well as the hands-on skills to independently command the software and its features for working with customers, vendors, employees, creating bank transactions, etc.