Sage 50 & UK Tax Accounting

This online training course is designed by industry experts and will give you an in-depth understanding of this topic. This course features easy-to-digest modules that break down each topic and ensure all our students receive an unrivalled and thorough learning experience.

If you want to work in this rapidly growing sector and stand out from the competition, then our course is the perfect place to kickstart your dream career.

On the course, we guarantee that you will gain relevant skills and acquire tremendous knowledge on the subject. The certificate you’ll achieve after completing the course will help you land the job you want in a related field.

Enjoy a pleasant and professional 100% online learning experience and enrol in our course today and take control of your career!

Course Curriculum:

Here is a curriculum breakdown of the course consists of the following modules:

Module 1: Introduction to Sage 50

• Purpose of Using Sage 50 for Business
• Setting Up a Company in Sage 50 Software
• Filling Up the Details

Module 2: System Set-up

• Tour of Sage 50 Cloud Accounts
• Editing the Default Chart of Accounts
• Adding and Editing Bank Accounts
• Managing Departments

Module 3: Customers, Suppliers and Assets

• Setting up Customers and Suppliers
• Creating Projects
• Entering Purchase Invoice, Credit Note and Purchase Order
• Entering Sales Invoice, Credit Notes and Sales Orders
• Entering Fixed Sales

Module 4: Payments, Receipts and Petty Cash

• Entering Bank Payments and Receipts
• Internal Bank Transfers, Petty Cash Transfers and Cred Card Transfers
• Entering Customer Receipts and Supplier Payments
• Adding Recurring Items (DD/STO etc.)
• Entering Petty Cash Expenses and Summary

Module 5: Bank Reconciliation

• Reconciliation of Current Account
• Reconciliation of Petty Cash Account
• Reconciliation of Credit Card Account

Module 6: Aged Reports, Payroll and Journals

• Creating Aged Debtors and Email Statements
• Creating Aged Creditors Reports
• Processing Monthly Wage Entries
• Posting Monthly Payroll Journal

Module 7: VAT Return

• Preparing Quarterly VAT Return
• Processing VAT Reconciliation and Posting Journal
• Submitting VAT Return to HMRC
• Introducing EC Sales

Module 8: Entering Balances

• Opening Trial Balance
• Opening Customer Balance
• Opening Supplier Balance

Module 9: Year-End Journals

• Posting Depreciation Journal
• Posting Prepayment Journal
• Posting Deferred Income Journal

Module 10: Year-End Procedures and Reports

• Preparing Budgets
• Introduction to Cash Flow
• Introduction to Sage Report Designer

**Tax Accounting**Method of Assessment

To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above in order to pass. After successfully passing the course exam, you will be able to apply for a certificate.

Exam & Retakes:

It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable.

Certification

Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).