Sage Accounts in easy steps

Illustrated using Sage 50cloud

Bill Mantovani

• Publisher: In Easy Steps Limited
• Year: 2019
• ISBN:
  9781840788976
• Topic: Computer Science
• Subtopic: Desktop Applications
• Index: Computer Science

Sage Accounts is the UK's market-leading accounts software. It lets you manage your day-to-day finances, customers, suppliers and VAT and keeps your finger on the pulse of your business.

Sage Accounts in easy steps uses detailed images and easy-to-follow instructions, showing you how to quickly get to grips with the new features of this leading accounts software. This definitive guide clarifies everything from basic recording keeping to utilising Sage as an information-bank for making crucial business decisions.

Areas covered include:

• Setting up Sage, entering debtors and creditors
• Producing purchase/sales orders and invoices
• Bank account reconciliation
• Stock management, including Bill of Materials
• Important month and year end procedures
• Processing the VAT return and e-Submission
• Generating invaluable management reports

Sage Accounts in easy steps is ideal for non-accountants using Sage for the first time, or just needing to grasp the new key features all in easy steps!

Illustrated using Sage 50cloud Accounts

1

Getting Started

This chapter takes you through the stages of preparing Sage 50 for use. It explains initial procedures for setting up Company details and various defaults required by the program.

Introduction

Starting Sage 50 Accounts

Sage 50 Desktop Views

Settings

Company Preferences

Currency & the Euro

Customer & Supplier Defaults

Finance Rates

Introduction

Accurate accounts are vital to the efficient running of a business. If information is not entered correctly, then the accounts data will be wrong – and you can’t blame the computer!

Working Through Sage Accounts in easy steps

This book explains in simple, easy stages how to maintain accurate computerised business accounts and how you or your accountant can have instant access to them via the “Cloud”. You are shown how to:

•Set various defaults and Company preferences.

•Create customer and supplier records and set up price lists.

•Set up Opening Balances, and maintain Bank accounts.

•Maintain the Nominal Ledger and run an audit trail.

•Generate sales orders and control stock.

•Print invoices, credit notes and statements.

•Produce history and financial reports.

•Manage your business on the move with Cloud-based access.

Note: the actual functions available to you depends on whether you have Sage 50cloud Accounts (Essentials, Standard, or Professional) or Sage Business Cloud Accounting (Accounting Start or Accounting). Cloud-based means that you can hold your data files on the Cloud server and access them via the internet. For simplicity, this book uses the generic terms Sage 50 or Sage 50 Accounts.

Use the demo data provided by Sage or practice data (try things in a blank company) to familiarise yourself with the program at any time. Select either from File, Open or from the Select Company option at startup.

Sage Business Cloud Accounting is ideal for sole traders/micro businesses and replaces Sage Instant Ac...

Table of contents

• Cover
• Title
• Copyright
• Contents
• 1 Getting Started
• 2 The Customer Ledger
• 3 The Supplier Ledger
• 4 The Nominal Ledger
• 5 The Bank
• 6 Products
• 7 Invoices
• 8 Processing Sales Orders
• 9 Purchase Orders
• 10 Financial Reporting
• 11 Fixed Assets
• 12 The Report Designer
• 13 Opening Balances
• 14 Data Management
• 15 Task Management
• Back Cover