Introduction / Getting Started

• Installing Sage / Setting a Password
• Looking at the menus & toolbar options
• Setting the financial year
• Backing up and restoring data files

Nominal Account Names & Numbers

• Viewing and printing the Nominal Account List
• Sage Nominal Account Ranges (Groupings)
• Transactions and Double Entry
• Changing Nominal account names
• Control Accounts (changing the defaults)
• Entering Journal Entries (debit/credit)
• Nominal Activity Reporting (details/graph/activity)

Bank Transactions

• Entering bank receipts/Making bank payments
• Saving bank transactions / Bank Reporting

Customers & Suppliers

• Discussion - customer details & defaults
• Entering customers details
• Setting individual credit limits & setting the default nominal codes for accounts
• Modifying customer details
• Entering supplier details & setting the default nominal codes
• Customer/Supplier activity – turnover reporting

Service Invoices

• Creating a Service Invoice
• Printing invoices – Checking customers credit limit
• Updating Ledgers - viewing Update Ledger Report
• Re-printing invoices

Products & Stock Control

• Discuss product records & categories
• Create categories to split products into different groups (for sales analysis only)
• Adding new products
• Stock adjustment In/Stock adjustment Out
• Setting re-order levels
• Checking stock levels report

• Product activity reporting

Product Invoices (Selling Stock Items)

• Creating/Changing product sales invoices
• Inserting product codes
• Allowing discounts – various methods
• Entering customer order details
• Entering Footer details
• Accepting payment for the Invoice
• Printing Invoices/Updating the ledgers

Statements & Customer Receipts

• Checking outstanding balances
• Aged Debtors Analysis / Creating a Statement
• Customer Receipts (automatic allocation)
• Manual allocation of Customer receipts
• Allowing discounts
• Posting Payments On Account

Purchase Invoices

• Entering the Suppliers details
• Batch invoices – entering supplier invoices
• Checking Supplier account balances
• Making payments to suppliers
• Printing a Remittance Advice
• Supplier’s transaction history module

More about Bank Accounts

• Making Bank transfers
• Combined payments (posting payments to more than one nominal code)
• Petty Cash transactions
• Bank Statement Reconciliation

Recurring Entries

• Entering Recurring Entries (transactions that are carried out each month)
• Adding Journal Credits/Debits
• Processing Recurring Entries
• Suspend/Deleting Recurring Entries

Prepayments & Accruals

• Entering Prepayments manually/Using the Wizard
• Setting up Accruals (when invoiced in arrears)
• Processing Prepayments & Accruals
• Checking the Nominal Ledger balances

VAT Return

• Notes on VAT Returns
• Producing & Printing the VAT Return
• Reconciling the VAT transactions
• Paying the VAT

Financials – Reports & Information

• The Audit Trail (complete list of every transaction)
• The Trial Balance (current state of each nominal account)
• Profit and Loss (shows whether a company is making a profit or loss)
• Balance Sheet (liabilities report)
• Other Reports (Aged Creditors/Day Books/Invoice Listing/Bank Payments/Bank Receipts/Supplier Invoices/Product Activity Listings)