Sage 50 Accounts Intermediate Diploma
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;
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.
New Skills Academy is a great site to use for learning as it is easy to follow, the layout of the course work makes is very easy to understand and good to make notes from.
I am thoroughly enjoying doing my course and would definitely recommend this site to anyone who is looking to complete a course online.
Another good thing about doing a course on New Skills Academy is being able to apply for an NUS card as it gets you amazing deals on all sorts of shops and online stores that not a lot of sites would offer whilst completing a course online.
Jessica Gardiner
I have always had an interest in property and estate management. I was unsure how to get my career started in this field without any experience or qualifications in that area. Also, having three children and a full time job limits my ability to attend to college courses. The online system they have at "New Skills Academy" is so straight forward and easy to use. I'm really enjoying learning and expanding my knowledge at my own pace and in my own time. Getting started was so straightforward, I even read over material during swimming lessons and the school run. I'm already looking for the next course to start!
Kayley Jones
I found this course very useful. It covers the all categories of cleaning and goes in to great detail without being overwhelming. Its a clean and easy to use step by step interface that glides you through the modules. If you want to take more time and revise in your own time without access to the internet, the PDF viewer and print functions are a great feature. This course has helped me gain the new knowledge of this industry and will be the first step towards a great career. There is certainly more than meets the eye when it comes to cleaning and I have an even bigger appreciation for an industry which is vital to millions and widely under appreciated. Thank you British Cleaning Certificate for the excellent service!
Mike Satchell
Fantastic course. It has really given me a strong foundation to pursue my journey into event planning.
The course is concise and gets straight to the point. It breaks everything down into simple points that are easy to remember.
I would recommend this course to anyone and everyone looking to pursue a career within the events industry.
Michaela Miller
This course was very informative and i loved that it could be done at my own pace and not have deadlines to reach.
Even my dog loved the benefits and being my practice dummy!
Nicky Corbett
I had been interested in learning about face painting as I am a makeup artist myself. I decided to do this course as a cheaper alternative to going to a school to learn.
This course takes you through all the tips and techniques of face painting from starting your own business to essentials for your kit and popular face painting designs which are easy to follow. The instructor is very clear and breaks down the face painting into several steps.
Since completing this course I have been face painting for children’s parties and other events earning good money for my services. Thank you for this course it has been fantastic!
Anahita Roshna
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;
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.
New Skills Academy is a great site to use for learning as it is easy to follow, the layout of the course work makes is very easy to understand and good to make notes from.
I am thoroughly enjoying doing my course and would definitely recommend this site to anyone who is looking to complete a course online.
Another good thing about doing a course on New Skills Academy is being able to apply for an NUS card as it gets you amazing deals on all sorts of shops and online stores that not a lot of sites would offer whilst completing a course online.
Jessica Gardiner
I have always had an interest in property and estate management. I was unsure how to get my career started in this field without any experience or qualifications in that area. Also, having three children and a full time job limits my ability to attend to college courses. The online system they have at "New Skills Academy" is so straight forward and easy to use. I'm really enjoying learning and expanding my knowledge at my own pace and in my own time. Getting started was so straightforward, I even read over material during swimming lessons and the school run. I'm already looking for the next course to start!
Kayley Jones
I found this course very useful. It covers the all categories of cleaning and goes in to great detail without being overwhelming. Its a clean and easy to use step by step interface that glides you through the modules. If you want to take more time and revise in your own time without access to the internet, the PDF viewer and print functions are a great feature. This course has helped me gain the new knowledge of this industry and will be the first step towards a great career. There is certainly more than meets the eye when it comes to cleaning and I have an even bigger appreciation for an industry which is vital to millions and widely under appreciated. Thank you British Cleaning Certificate for the excellent service!
Mike Satchell
Fantastic course. It has really given me a strong foundation to pursue my journey into event planning.
The course is concise and gets straight to the point. It breaks everything down into simple points that are easy to remember.
I would recommend this course to anyone and everyone looking to pursue a career within the events industry.
Michaela Miller
This course was very informative and i loved that it could be done at my own pace and not have deadlines to reach.
Even my dog loved the benefits and being my practice dummy!
Nicky Corbett
I had been interested in learning about face painting as I am a makeup artist myself. I decided to do this course as a cheaper alternative to going to a school to learn.
This course takes you through all the tips and techniques of face painting from starting your own business to essentials for your kit and popular face painting designs which are easy to follow. The instructor is very clear and breaks down the face painting into several steps.
Since completing this course I have been face painting for children’s parties and other events earning good money for my services. Thank you for this course it has been fantastic!
Anahita Roshna
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