Location

Community Services & Continuing Education - Alexandria

Objectives

• • Be familiar with the Sage 50 Accounts user interface• Understand basic configuration, financial year settings, and setting up tax codes• Know how to create, amend and delete nominal accounts• Know how to create bank, cash and credit card accounts• Understand the role of the Chart of Accounts, and how to amend it• Know how to create departments• Know how to create, amend and delete customer and supplier accounts• Know how to enter supplier invoices and credit notes• Know how to check and safeguard data using backups• Know how to post and correct Journal Entries• Know how to post and correct Journal Entries

Outcomes

Upon successful completion students should be able to:• post supplier payments including printing remittance advices, cheques and using e-banking• post customer receipts and understand how to manage the Sales Ledger, including disputing invoices• post supplier payments and understand how to manage the Purchase Ledger • familiar with posting bank and cash transactions• produce financial reports, including the Profit & Loss report and Balance Sheet• produce, check and submit a VAT Return

Course Contents

• Peach Tree is an Accounting Program• Create a New Company• Build Chart of Accounts• Create Users & Security• Setup Customer Defaults• Setup Vendors Defaults• Setup Inventory Defaults• Setup Employees & Payroll• Default Information for Jobs• Peachtree Accounting Training Program Case