Xero Training
Overview
Sage Line 50 Accounts is one of the most ubiquitously used software in the UK SME sector and it has made its reputation as The Industry standard.
User friendliness is at the heart of its design interface. Sage 50 covers diverse range of accountancy tasks which helps the accountants and bookkeepers to work fast and accurately. Regardless of the size of a business the generic functions and the ability to customise makes Sage 50 the perfect choice for a majority of businesses and hence the software of choice by most organisations. It can perform simplest to most complex tasks ranging from customers reports to Financial Statements.
AT Centre of Accountancy Careers & Training Ltd the course is conducted by Highly Trained and Qualified Accountants who have years of experience implementing Sage Accounts 50 for various Business Organisations. Their advice is highly sought after in the Industry Sector.
AT CAC Training Ltd, Sage 50 Accounts is taught over two Modules,
Module 1 covers more fundamental skills
Module 2 covers more advanced skills.
CONTENTS
Module One
- Introduction to Xero software
- Account creation and basic navigation
- Learning basic bookkeeping concepts and application in the software
- Setting up the company and choose accounting period
- Understand chart of accounts, nominal code and nominal /general ledger
- Processing Purchase and sales invoicing
- Setting up Customer and supplier account
- Importing data
- Configuring Reports
- Processing cash payment and receipts
- Performing Bank & Petty Cash Reconciliations
- Compliance with different VAT Schemes
- Introduction to Making Tax Digital (MTD)
- Preparation, Reconciliation and HMRC Filing of VAT Return
Module Two
- Understating Control Accounts Adjustments and implication in the software
- Preparation of Year End Journals
- Posting Yearly Journal Entries
- Fixed Assets, Depreciation, Accruals, Prepayments Adjustments
- Balance Sheet adjustments such as Director Loans Account, Wages Control Account, VAT Control Accounts, PAYE Control Account, Cash and General Loans etc.
- Understating Suspense Accounts and Preparation of Bad Debt provision
- Fixed Asset Register
- Data mapping and exporting procedures
- Initial and Final Trial Balance preparation
