Sage 50 Accounts Intermediate Diploma
Why you should study with us
Sage 50 Accounts Intermediate Diploma Course
Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course. For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts. Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health.
The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals. In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process. Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.
What You Will Learn
- How to set up a fixed asset record in Sage 50
- Three methods of calculating depreciation
- How to use the Asset Disposal Wizard and record sale of an asset
- What to do if depreciation has been missed for a month
- How to manage cheque and remittance
- Setting up purchase order defaults
- How to set up and calculate discounts on invoices and purchase orders
- How to record the delivery of stock and update cost prices
- Creating product defaults and understanding stock transactions
- How to correct an incorrectly entered AI, using the exact method and the average cost price method
- How to incorporate stock adjustments using the FIFO or First-in-First-out rule
- How to use the ‘Check bill of material’ (BOM) feature to track stock availability
- How to create price lists
- How to apply special prices, print and delete price lists
- How to set up manual discounts on sales orders and invoices
- How to create service invoices and enter details for item lines
Benefits of the Sage 50 Intermediate Diploma
- In-depth study and knowledge of different tools and features of the Sage 50 accounting software can help candidates add value to their team.
- Similarly, Sage 50 software is also ideal for those who own their own businesses and wish to become self-sufficient in managing their own accounting and invoicing and so on. Expertise in Sage 50 accounting software helps reduce reliance on external accountants.
- In addition, Sage 50 accounting software is recommended for those who wish to make a seamless transition from manual payroll processing to a computerised system. By opting to educate and update one’s skills in Sage 50, candidates can prove their ability to potential employers. The Sage 50 online course is suitable for individuals, business entrepreneurs and aspiring students who wish to learn the basics of computerised accounting and invoicing.
- A detailed working knowledge of Sage 50 can help aspirants gain confidence and help them provide a high standard of accounting services to companies.
- Candidates from all backgrounds and fields are free to learn the Sage 50 accounting course; it does not require any prerequisite academic qualifications. The only prerequisite condition is a basic working knowledge of numeracy, literacy and IT skills.
This course includes
24/7 Student Support
End of course certification
Lifetime access to your course
Compatible with modern devices
- Understanding the concept of accruals and prepayments;
- How to set up prepayments and accruals in Sage 50;
- How to run month end accounts;
- How to post manual entries in the prepayment journal and the reversal;
- Understanding fixed assets and depreciation;
- How to set up a fixed asset record in Sage 50;
- Three methods of calculating depreciation in Sage 50;
- How to post a fixed asset record based on hire purchase, and perform asset valuation;
- How to use the Asset Disposal Wizard and record sale of an asset;
- What to do if depreciation has been missed for a month;
- What to do if an asset has been recorded and processed inaccurately;
- How to re-index supplier and customer addresses;
- Setting up purchase order defaults in Sage 50;
- Specifying different options, such as invoice numbering and default invoice format;
- How to set up and calculate discounts on invoices and purchase orders;
- How to create purchase orders and edit the item line;
- How to amend deliveries;
- How to use the ‘Update ledgers' option for purchase orders;
- How to cancel, delete or reverse a purchase order;
- How to memorise and recall a purchase order;
- How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
- How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
- How to post stock out, using sales invoices, credits and sales orders;
- How to maintain stock levels, using the product shortfall and sales order shortfall options.
- Important reasons why businesses need to incorporate adjustments;
- Assembly levels and link levels of products and sub-components;
- How to use the ‘Check bill of material' (BOM) feature to track stock availability;
- How to check the BOM to which a sub-component belongs, and deleting a BOM;
- How to create and apply price lists;
- How to add products to a price list;
- How to select calculation and recalculation methods for price lists;
- How to import products into a customer price list;
- A brief overview of the importance of a pricing strategy.
- Different types of discounts that can be set up in Sage 50;
- How to set up a ‘good customer discount';
- How to set up early settlement and quantity discounts;
- How to enter sales orders;
- How to despatch a sales order;
- How to view and interpret despatch information;
- How to allocate stocks and complete a sales order;
ID: YDFT67YHJ
of achievement
This certificate is presented to
Your Name
For completing the
Sage 50 Accounts Intermediate Diploma
on 21st November 2024
Selena Hurford
Selena Hurford
Course Tutor
Daniel Morgan
Daniel Morgan
Head of Academy
Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.
The course is broken down into 10 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.
You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!
Once you have completed all 10 modules there is a multiple choice test. The questions will be on a range of topics found within the 10 modules. The test, like the course, is online and can be taken a time and location of your choosing.
The pass mark for the test is 70%.
If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.
Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).
You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.
You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.
We estimate that the course will take about 12 hours to complete in total, plus an additional 30 minutes for the end of course test.
Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.
The course was very well structured and I have a clear idea from all subjects. All the subjects have examples and highlight very important information during the course.
It is suitable for my needs in improving my qualification and doing an online course which transmits all necessary information.
The material is very relevant to the day-to-day activities in a bank and show me how many options I have available inside the bank industry and which qualifications I need. I am very happy with it and I recommend everyone who has some curiosity to learn more about the banking sector.
Diogo Miranda
Great course which is simple to do but you get a great qualification in the end and if you fail a unit it is simply to retake.
Full knowledge of area so it makes it easier to start a business and tells you the legal things you need to know as well
Charlie Thurlow
I was extremely worried at first that it wouldn’t be what I want in a course but the course is honestly absolutely amazing! It’s made to be really enjoyable, fun and easy to complete and best of all in your own time.
I could not recommend New Skills Academy any more! It’s now gave me something more to put on to my CV and get my career started in the area I’d love to be in for the rest of my life. Thank you so much for helping me reach my goals and achieve my dreams!
I’ve recommended to all of my friends and would also recommend to anyone looking into doing a course. Go for it you won’t regret it!
Helen Buckwell
Brilliant course. As a busy ,working mum this course gave a chance to change my career but it also gave me a chance to study in my own free time. Very easy wording, education videos, important information you can't find online. The brilliant thing is that even after finishing the course you still can go back to your modules and view the videos again. The help from assistants is great. The minute I contacted them with question they always responded very quickly and professionally.
Monica Carter
For me, as a current employee in Human Resources, this HR Management Course was an excellent opportunity to get more insight of the industry and my job role. The course provided with a lot of relevant information that I could relate to in my job role as well as find ideas that I would be able to adapt in my workplace. I am keen on sharing my knowledge and implementing these new ideas in order to help our company achieve success. Would highly recommend this HRM course to people desiring to join Human Resources as well as the ones already working in the industry as everyone will be able to obtain something that will help them develop as a worker, a person and a future HR Manager!
Sandra Zinkeviciute
Very enjoyable and informative course which covered all aspects of dog grooming, managing the business side and history of dog grooming. What I liked most was being able to do the course at my own pace, revisiting modules as required to gain a complete understanding of what I was learning.
I found the video tutorials very helpful and was able to give my own dog a professional cut after watching them.
On the one occasion I forgot my password online help were very prompt in helping me . I would highly recommend this course. Good value for money.
Thank-you New Skills Academy!
Jacqueline Myers - B
Jacqueline Myers
Sage 50 Accounts Intermediate Diploma Course
Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course. For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts. Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health.
The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals. In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process. Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.
What You Will Learn
- How to set up a fixed asset record in Sage 50
- Three methods of calculating depreciation
- How to use the Asset Disposal Wizard and record sale of an asset
- What to do if depreciation has been missed for a month
- How to manage cheque and remittance
- Setting up purchase order defaults
- How to set up and calculate discounts on invoices and purchase orders
- How to record the delivery of stock and update cost prices
- Creating product defaults and understanding stock transactions
- How to correct an incorrectly entered AI, using the exact method and the average cost price method
- How to incorporate stock adjustments using the FIFO or First-in-First-out rule
- How to use the ‘Check bill of material’ (BOM) feature to track stock availability
- How to create price lists
- How to apply special prices, print and delete price lists
- How to set up manual discounts on sales orders and invoices
- How to create service invoices and enter details for item lines
Benefits of the Sage 50 Intermediate Diploma
- In-depth study and knowledge of different tools and features of the Sage 50 accounting software can help candidates add value to their team.
- Similarly, Sage 50 software is also ideal for those who own their own businesses and wish to become self-sufficient in managing their own accounting and invoicing and so on. Expertise in Sage 50 accounting software helps reduce reliance on external accountants.
- In addition, Sage 50 accounting software is recommended for those who wish to make a seamless transition from manual payroll processing to a computerised system. By opting to educate and update one’s skills in Sage 50, candidates can prove their ability to potential employers. The Sage 50 online course is suitable for individuals, business entrepreneurs and aspiring students who wish to learn the basics of computerised accounting and invoicing.
- A detailed working knowledge of Sage 50 can help aspirants gain confidence and help them provide a high standard of accounting services to companies.
- Candidates from all backgrounds and fields are free to learn the Sage 50 accounting course; it does not require any prerequisite academic qualifications. The only prerequisite condition is a basic working knowledge of numeracy, literacy and IT skills.
This course includes
24/7 Student Support
End of course certification
Lifetime access to your course
Compatible with modern devices
- Understanding the concept of accruals and prepayments;
- How to set up prepayments and accruals in Sage 50;
- How to run month end accounts;
- How to post manual entries in the prepayment journal and the reversal;
- Understanding fixed assets and depreciation;
- How to set up a fixed asset record in Sage 50;
- Three methods of calculating depreciation in Sage 50;
- How to post a fixed asset record based on hire purchase, and perform asset valuation;
- How to use the Asset Disposal Wizard and record sale of an asset;
- What to do if depreciation has been missed for a month;
- What to do if an asset has been recorded and processed inaccurately;
- How to re-index supplier and customer addresses;
- Setting up purchase order defaults in Sage 50;
- Specifying different options, such as invoice numbering and default invoice format;
- How to set up and calculate discounts on invoices and purchase orders;
- How to create purchase orders and edit the item line;
- How to amend deliveries;
- How to use the ‘Update ledgers' option for purchase orders;
- How to cancel, delete or reverse a purchase order;
- How to memorise and recall a purchase order;
- How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
- How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
- How to post stock out, using sales invoices, credits and sales orders;
- How to maintain stock levels, using the product shortfall and sales order shortfall options.
- Important reasons why businesses need to incorporate adjustments;
- Assembly levels and link levels of products and sub-components;
- How to use the ‘Check bill of material' (BOM) feature to track stock availability;
- How to check the BOM to which a sub-component belongs, and deleting a BOM;
- How to create and apply price lists;
- How to add products to a price list;
- How to select calculation and recalculation methods for price lists;
- How to import products into a customer price list;
- A brief overview of the importance of a pricing strategy.
- Different types of discounts that can be set up in Sage 50;
- How to set up a ‘good customer discount';
- How to set up early settlement and quantity discounts;
- How to enter sales orders;
- How to despatch a sales order;
- How to view and interpret despatch information;
- How to allocate stocks and complete a sales order;
ID: YDFT67YHJ
of achievement
This certificate is presented to
Your Name
For completing the
Sage 50 Accounts Intermediate Diploma
on 21st November 2024
Selena Hurford
Selena Hurford
Course Tutor
Daniel Morgan
Daniel Morgan
Head of Academy
Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.
The course is broken down into 10 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.
You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!
Once you have completed all 10 modules there is a multiple choice test. The questions will be on a range of topics found within the 10 modules. The test, like the course, is online and can be taken a time and location of your choosing.
The pass mark for the test is 70%.
If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.
Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).
You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.
You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.
We estimate that the course will take about 12 hours to complete in total, plus an additional 30 minutes for the end of course test.
Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.
The course was very well structured and I have a clear idea from all subjects. All the subjects have examples and highlight very important information during the course.
It is suitable for my needs in improving my qualification and doing an online course which transmits all necessary information.
The material is very relevant to the day-to-day activities in a bank and show me how many options I have available inside the bank industry and which qualifications I need. I am very happy with it and I recommend everyone who has some curiosity to learn more about the banking sector.
Diogo Miranda
Great course which is simple to do but you get a great qualification in the end and if you fail a unit it is simply to retake.
Full knowledge of area so it makes it easier to start a business and tells you the legal things you need to know as well
Charlie Thurlow
I was extremely worried at first that it wouldn’t be what I want in a course but the course is honestly absolutely amazing! It’s made to be really enjoyable, fun and easy to complete and best of all in your own time.
I could not recommend New Skills Academy any more! It’s now gave me something more to put on to my CV and get my career started in the area I’d love to be in for the rest of my life. Thank you so much for helping me reach my goals and achieve my dreams!
I’ve recommended to all of my friends and would also recommend to anyone looking into doing a course. Go for it you won’t regret it!
Helen Buckwell
Brilliant course. As a busy ,working mum this course gave a chance to change my career but it also gave me a chance to study in my own free time. Very easy wording, education videos, important information you can't find online. The brilliant thing is that even after finishing the course you still can go back to your modules and view the videos again. The help from assistants is great. The minute I contacted them with question they always responded very quickly and professionally.
Monica Carter
For me, as a current employee in Human Resources, this HR Management Course was an excellent opportunity to get more insight of the industry and my job role. The course provided with a lot of relevant information that I could relate to in my job role as well as find ideas that I would be able to adapt in my workplace. I am keen on sharing my knowledge and implementing these new ideas in order to help our company achieve success. Would highly recommend this HRM course to people desiring to join Human Resources as well as the ones already working in the industry as everyone will be able to obtain something that will help them develop as a worker, a person and a future HR Manager!
Sandra Zinkeviciute
Very enjoyable and informative course which covered all aspects of dog grooming, managing the business side and history of dog grooming. What I liked most was being able to do the course at my own pace, revisiting modules as required to gain a complete understanding of what I was learning.
I found the video tutorials very helpful and was able to give my own dog a professional cut after watching them.
On the one occasion I forgot my password online help were very prompt in helping me . I would highly recommend this course. Good value for money.
Thank-you New Skills Academy!
Jacqueline Myers - B
Jacqueline Myers
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I took up this course initially to help me with my own dog, but found that as I worked through the material I actually started thinking that this could be something that I could use to make a second income. From start to finish I found the course engaging and interesting. I am now doing another dog related course and am experiencing the same level of enjoyment. I would recommend New Skills Academy without hesitation.
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I am a doctor. This course is well organized, covering all areas of CBT. The videos and practical tips are very helpful. All the modules are arranged with good explanations and examples. Also each module consists of quick test and assignment which enables you to gain knowledge. Finally I would like to thank the New Skills Academy team.
Dr. M. Arshad
Excellent course, well explained and easy to understand. The course can be done at my own pace and is available on various devices. The layout of the course was excellent and the notes options is very good. The content is perfect and well structured, making it easy to understand and follow. I will definitely be taking more courses in the future.
Luis Costa
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Shari Anderson
Wow what an incredible insight for the start of anyone's journey in property. This course gives you so much information and there are tests and questions on each of the modules. The course is very easy to follow and well laid out. You can actually make notes on the pages of each module using the notes tab! I am very excited to say that I passed and I only spent one week on this course. I will print all the PDF information and keep it in a file with my certificate. I feel very confident for my future plans now I have completed this course.
Nichola Anderson
Very interesting and helpful course. I ve learned a lot of interesting things about make up and the tutorials were very helpful and easy to understand. I really reccomend this course for everyone who is passionate about make up and wish to develop their skills and make a career from their hobby.
Nicoleta Lucaci
This is a great course for any level of knowledge. Very easy to navigate, great practical tasks and explanations are very clear. You can revise any module with no problem. The test wasn’t too hard if you completed every module. It may be handy to make some notes before you start. Overall I'm very happy with my choice. Thank you New skills for my New skills :)
Julia Bobkova
This course is a great way to brush up on my rusty excel skills, I recommend this course to anyone looking for something to do during lockdown, it's easy to use and talks you through each stage step by step. It has given me the confidence I need to further my career.
Georgia Darke
