Sage 50 Premium Accounting 2025 Level 1

Sage 50 Premium Accounting 2025 Level 1 provides hands-on training in performing essential daily accounting tasks using Sage 50. Learners will develop foundational skills in working with the General Ledger, Accounts Receivable, Accounts Payable, Inventory and Services, and Payroll modules. This course is ideal for individuals responsible for data entry and routine accounting functions within Sage 50 Premium Accounting.

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

• Navigate Sage 50 Premium Accounting, including starting, exiting, and using the Help system.
• Manage company information, session dates, and data file backups.
• Understand and maintain the Chart of Accounts, including creating, modifying, and deleting accounts.
• Record, adjust, reverse, and report on General Journal transactions, including recurring entries.
• Set up and manage Inventory and Service Items, linked accounts, and related reports.
• Handle vendor and purchasing tasks, including creating vendors, processing purchases (inventory and non-inventory), issuing and filling purchase orders, managing payments, prepayments, and generating payables reports.
• Create and manage customer records, process sales and quotes, handle payments and prepayments, and generate receivables reports.
• Set up and manage payroll, including employee records, linked accounts, payroll advances, processing pay, adjusting transactions, and generating payroll reports.
• Generate and print financial reports, use the Daily Business Manager and checklists, validate data integrity, print in batches, and perform key period-end and year-end procedures.