Course Description

Sage Accounts course is about how to use Sage based on the most popular functions which you as a Sage operator needs to know how to use, in order to be proficient in using the software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

You’ll learn how to set up a Sage system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use Sage for yourself.

You will need to get hold of a copy of Sage yourself. This lecture is based on v7. It's not that dissimilar to today's version. The instructor is usually online to answer student queries for 2 hours each day.

The course materials includes:

  • the handout of the assignment task

Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts.

The course will take about 3-4 hours to complete.

Serial author and entrepreneur

Lisa Newton

Lisa Newton BA MSc FMAAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, software, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007 and in 2008 Enterprising Business Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible. Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals. In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation and cosmic ordering.

Course curriculum

  • 1

    Lec1 - Intro to the course and the tutor

    • SAGE LINE 50 INTRO TO course and tutorConverted
  • 2

    Lec 2 - The structure of the course - first things first!

    • The structure of the course

  • 3

    Lec 3 - Creating A New Company File

    • Task 0 - Set Up SageConverted
  • 4

    Lec 4 - Enter opening balances

    • Task 1 - Enter opening balancesConverted
  • 5

    Lec 5 - Opening Trial Balance

    • Task 1.2 Opening Trial Balance as at Jan 2012Converted
  • 6

    Lec 6 - Reverse Opening Balances - accruals and prepayments

    • Task 2.1 Reverse JournalsConverted
  • 7

    Lec - 7 Report Journals

    • Task 2.2 Reporting details of the journalsConverted
  • 8

    Lec 8 - Amend the Nominal Ledger

    • Task 3.1 Amend the nominal ledgerConverted
  • 9

    Lec 9 - Report listing the nominal ledgers

    • Task 3.2 Location of nominal ledger accounts within COAConverted
  • 10

    Lec 10 - Enter customers

    • Task 4.1 Enter Customers detailsConverted
  • 11

    Lec 11 - Reporting Customer Information

    • Task 4.2 Customer info reportConverted
  • 12

    Lec 12 - Entering Suppliers

    • Task 4.3 Enter SuppliersConverted
  • 13

    Lec 13 - Supplier Information Report

    • Task 4.4 Supplier info reportConverted
  • 14

    Lec 14 - Enter invoices - part 1 (as a batch)

    • Task 5.1 Post customer invoice - as a batchConverted
  • 15

    Lec 15 - Enter invoices - part 2

    • Task 5.1 Post customer invoices - if we wanted to print the invoiceConverted
  • 16

    Lec 16 - Post Sales Credit Notes

    • Task 5.2 Post Customer credit notesConverted
  • 17

    Lec 17 - Report showing Customer Activity

    • Task 5.3 Customer account activityConverted
  • 18

    Lec 18 - Aged Debtors

    • Task 5.4 Aged Debtors infoConverted
  • 19

    Lec 19 - Post Supplier Invoices

    • Task 6.1 Post supplier invoicesConverted
  • 20

    Lec 20 - Credit Notes Suppliers

    • Task 6.2 POst credit notes to purchase ledgerConverted
  • 21

    Lec 21 - Supplier Activity Report

    • Task 6.3 Supplier account activityConverted
  • 22

    Lec 22 - Aged Creditors Information

    • Task 6.4 Aged Creditors infoConverted
  • 23

    Lec 23 - Post Cheques

    • Task 7.1 Post cheque to the purchase ledgerConverted
  • 24

    Lec 24 - Report showing supplier payments

    • Task 7.2 Supplier payments reportConverted
  • 25

    Lec 25 - Receipts from customers

    • Task 7.3 Post receipts from customers to the sales ledgerConverted
  • 26

    Lec 26 - Report showing customer receipts

    • Task 7.4 Report of customer receiptsConverted
  • 27

    Lec 27 - Post Petty Cash Transactions

    • Task 8.1 Post petty cash transactionsConverted
  • 28

    Lec 28 - Report showing bank to petty cash

    • Task 8.2 Report of petty cash transactionsConverted
  • 29

    Lec 29 - Post Cash Payments

    • Task 8.3 Post cash paymentsConverted
  • 30

    Lec 30 - Report on Cash Payments

    • Task 8.4 Report Cash paymentsConverted
  • 31

    Lec 31 - Post Sundry Payments

    • Task 9.1 Post Sundry PaymentsConverted
  • 32

    Lec 32 - Report Bank Payments

    • Task 9.2 Bank payments reportConverted
  • 33

    Lec 33 - VAT Return

    • Task 10 - Prepare the VAT returnConverted
  • 34

    Lec 34 - Reconcile The Bank

    • Task 11.1 Reconcile the bankConverted
  • 35

    Lec 35 - Unreconciled transactions

    • Task 11.2 Unreconciled transactions reportConverted
  • 36

    Lec 36 - Post the Wages Journal

    • Task 12.1 Post the wages journalConverted
  • 37

    Lec 37 - Report - Wages Journal

    • Task 12.2 Journal reportConverted
  • 38

    Lec 38 - Posting Journal adjustments

    • Task 13.1 Month end journalsConverted
  • 39

    Lec 39 - Profit & Loss

    • Task 13.2 Profit & LossConverted
  • 40

    Lec 40 - Balance Sheet

    • Task 13.3 Balance SheetConverted
  • 41

    Lec 41 - Trial Balance

    • Task 13.4 Trial Balance at 31 Jan 2012Converted
  • 42

    Lec 42 - How it all fits together

    • BEHIND THE SCENES SAGEConverted
  • 43

    Lec - 43 Concluding lecture

    • Next steps - REUSE - SAGE 50Converted