Sage 50 Premium Accounting 2025 Level 2

Sage 50 Premium Accounting 2025 Level 2 builds on the foundational skills developed in Level 1. This course expands your knowledge by introducing advanced features, including processing multi-currency transactions, performing bank and credit card reconciliations, managing payroll functions in greater detail, customizing reports, implementing network security settings, tracking projects, and setting up budgets. It is designed for users who want to deepen their understanding of Sage 50 and take on more complex accounting tasks.

Course Objectives
By the end of this course, you will be able to:

• Set up a new company file, enter opening balances, customize settings, and configure sales taxes.
• Perform bank and credit card reconciliations, including using the Deposit feature.
• Apply and manage security options, including user access.
• Set up and manage budgets and projects (departments), including generating related reports.
• Manage inventory transfers, write-offs, and advanced payroll functions such as remitting deductions to the CRA.
• Record and manage foreign currency transactions.
• Handle customer account tasks, including charging interest, generating statements, recording unpaid cheques, and accounting for bad debts.
• Complete remittances for GST/HST and WCB, and clear transactions.
• Export reports and data, and understand the key differences between Sage 50 Basic and Premium versions.