Course Details
- Course Code: UKMGC17CSD
- Location: Online
- Duration: 40 hours
- Cost: £899.00
- Qualification: All modern browsers and devices
Further Details
- Course Access: 12 months
- Exams Included: Yes
- Compatibility: All major devices and browsers
Approved Course:

A007294
Includes the Following Courses
The Complete Sage 50 Accounting Diploma
Sage 50 is one of the most common accounting packages used by small and medium-sized businesses around the world. Being easy to install and automatically updated to ensure that users act in line with the latest UK legislation, Sage 50 is a good choice for those moving from manual to computerised accounting. However, in order to get the best from Sage 50 it is important to become familiar with its functions and how to use them effectively. Once mastered, Sage 50 allows you to manage accounts, keep track of invoices, produce sales reports, and much more.
This special combined course will enable you to become a proficient user of Sage 50. Each of the three courses will provide you with step-by-step instructions that will enable you to carry out the most common accounting functions necessary in the day-to-day running of small to medium businesses. As Sage 50 is used across all sectors, this knowledge will be useful to anyone working in the financial side of a business. Below is an outline of what you can expect from this combined course.
What You Will Learn
This combined course includes the following elements:
- Sage 50 accounting for beginners
- Sage 50 accounts intermediate
- Sage 50 accounts advanced
The Sage 50 Beginners’ Course
This course teaches you the basics of account management and provides you with an overview of computerised accounting. You will learn the basic principles behind account-keeping within a business context and will be shown the advantages of the Sage 50 software. The course will guide you through your first experiences with Sage 50, demonstrating how to navigate the basic features whilst taking you through the process of entering new company information.
The course then addresses essential transactions and processes including bank reconciliation, managing petty cash, creating supplier records, and producing sales invoices. You will learn shortcut keys which will enable you to use Sage 50 in a more efficient manner. By the end of the course you will have gained an appreciation of accounting as a discipline alongside your practical knowledge of the software.
The Sage 50 Intermediate Course
This course builds on the concepts learned in the beginners’ course and assumes that you have a working knowledge of the basic features together with an understanding of simple transactions. You will begin by learning about accruals and prepayments, along with the calculation of assets and depreciation. You will not only learn how to undertake these more advanced transactions but also how to fix errors such as inaccurately processed assets.
Stock control and monitoring are also covered in depth, enabling you to manage stock levels with confidence. You will also learn how to create an audit trail for complex transactions such as those involving discounted items and credit notes.
The Sage 50 Advanced Course
This course moves beyond everyday transactions and emphasises the processes required in chasing debt and credit control. You will learn why quotations are important, and how they can improve sales. You will gain an understanding into how businesses recover credit and payment from customers, and how to keep accurate records during the process.
Audit trails are a key aspect of accurate accounting and you will gain further knowledge and insight into this process during the course. You will also gain a better understanding of budgeting, as well as how to correct common mistakes in record-keeping. Finally, you will also develop your skills in producing customised reports.
The Benefits of Our Complete Sage 50 Accounting Course
This course will give you a complete overview of all the main accounting tools Sage 50 offers, from the basic to the advanced. This will make you an attractive candidate for any position that entails company accounts including invoicing and debt management. You will not only be a proficient user of Sage 50 software, but you will also be able to demonstrate an in-depth understanding of how financial matters are controlled within a business.
Benefits of taking the Complete Sage 50 Accounting Diploma:
- Study at home and online
- Study at your own pace
- Access to full online support whilst completing the course
- Easy-to-read modules packed with information
- No entry requirements
- A chance to receive an accredited qualification upon completion
If you are in a position of responsibility for keeping company accounts within a small or medium-sized business, taking this combined course will ensure that you feel confident in completing everyday transactions on a regular basis.
Course Modules/Lessons
Sage 50 Accounting for Beginners Diploma
Module 1 : Sage 50 Fundamentals of Accounting and Financial Management
- An understanding of the purpose of accounting in business;
- A perception of the importance of international standards in accounting practices;
- The conceptual frameworks of basic accounting practices;
- Statutory bodies in the UK that monitor accounting practices and financial reporting;
Module 2 : Manual and Computerised Accounting and Introduction to Sage 50
- A brief history of Sage 50;
- The key differences between manual accounting systems and computerised software;
- A general overview and introduction to Sage 50;
- The advantages and significance of using Sage 50;
Module 3 : Classic and Enhanced Views in Sage 50 Features and Functions of Sage 50
- How to access Sage 50 from the desktop;
- Introduction to classic and enhanced views;
- How Sage 50 helps business owners enjoy improved financial and accounting management (VAT, accounting, employee, investor, customer and supplier management);
- Enhanced features, including time management and diary integration.
Module 4 : Setting Up a New Company Entering Data for an Existing Company Navigating Practice and Demo Data
- How to install a new company onto Sage 50;
- How to access and enter details, including business name, address, financial year, currency and VAT details;
- How to enter information regarding an existing company;
- How to restore backup files;
Module 5 : Shortcut Keys and How to Navigate the Sage 50 Accounts Desktop
- What are shortcut keys and how to use them in Sage 50;
- A description of the important features of Sage 50 desktop and how to use them;
- How to find and drill down on transactions and print reports;
- Toolbars in the Report Preview and Report Selection window;
Module 6 : How to Create, Modify and Review Chart of Accounts
- An understanding of the common terms used in accounting;
- What is a Chart of Accounts and what are the benefits;
- How to create, copy, modify, review and print the Chart of Accounts;
- How to add and delete charts in the Chart of Accounts;
Module 7 : How to Create, Modify, Edit and Delete Bank Records How to Perform Bank Reconciliation
- How to enter nominal records;
- An introduction to the double-entry bookkeeping method;
- The importance of banking records in business;
- How to create, edit and delete bank records;
Module 8 : Nominal Ledger, Managing Petty Cash, Customer & Supplier Records
- What is a nominal ledger and how to use it;
- How to plan customer and supplier codes;
- How to create and enter details for customers and suppliers;
- How to delete customer and supplier records;
Module 9 : How to Perform Recurring Transactions How to Create Product and Stock Records
- How to create recurring transaction entries;
- Bank/cash/credit card payments, receipts, transfers;
- How to process recurring transaction entries;
- How to create products and view sales activity;
Module 10 : How to Create, Set Up and Manage Sales Invoices
- How to create sales invoices in Sage 50;
- The key differences between invoices, receipts and pro forma invoices.
- How to enter relevant details in the different fields, including description, quantity and price;
- How to enter order details in an invoice or credit note;
Sage 50 Accounts Intermediate Diploma
Module 1 : Getting started with the Intermediate Course, Accruals and Prepayments
- Understanding the concept of accruals and prepayments;
- How to set up prepayments and accruals in Sage 50;
- How to run month end accounts;
- How to post manual entries in the prepayment journal and the reversal;
Module 2 : Fixed Assets and Depreciation (I)
- Understanding fixed assets and depreciation;
- How to set up a fixed asset record in Sage 50;
- Three methods of calculating depreciation in Sage 50;
- How to post a fixed asset record based on hire purchase, and perform asset valuation;
Module 3 : Fixed Assets and Depreciation (Part II), Customer and Supplier Addresses and Purchase Orders (Part I)
- How to use the Asset Disposal Wizard and record sale of an asset;
- What to do if depreciation has been missed for a month;
- What to do if an asset has been recorded and processed inaccurately;
- How to re-index supplier and customer addresses;
Module 4 : Intermediate Processing Purchase Orders from Product Records
- Setting up purchase order defaults in Sage 50;
- Specifying different options, such as invoice numbering and default invoice format;
- How to set up and calculate discounts on invoices and purchase orders;
- How to create purchase orders and edit the item line;
Module 5 : Purchase Orders (Part III), Stock Control and Monitoring (Part I)
- How to amend deliveries;
- How to use the ‘Update ledgers' option for purchase orders;
- How to cancel, delete or reverse a purchase order;
- How to memorise and recall a purchase order;
Module 6 : Stock Control and Monitoring (Part II)
- How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
- How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
- How to post stock out, using sales invoices, credits and sales orders;
- How to maintain stock levels, using the product shortfall and sales order shortfall options.
Module 7 : Inventory and Stock Control (Part III); Bill of Materials
- Important reasons why businesses need to incorporate adjustments;
- Assembly levels and link levels of products and sub-components;
- How to use the ‘Check bill of material' (BOM) feature to track stock availability;
- How to check the BOM to which a sub-component belongs, and deleting a BOM;
Module 8 : Product Pricing (Part II), Discounts and Credit Notes
- How to create and apply price lists;
- How to add products to a price list;
- How to select calculation and recalculation methods for price lists;
- How to import products into a customer price list;
Module 9 : Discounts; How to Enter and Post a Credit Note
- A brief overview of the importance of a pricing strategy.
- Different types of discounts that can be set up in Sage 50;
- How to set up a ‘good customer discount';
- How to set up early settlement and quantity discounts;
Module 10 : Sales Order Processing and Completion; Audit Trail and Credit Control
- How to enter sales orders;
- How to despatch a sales order;
- How to view and interpret despatch information;
- How to allocate stocks and complete a sales order;
Sage 50 Accounts Advanced Diploma
Module 1 : Credit Control and Chasing Debt (Part I)
- What is credit control and why is it important for your business;
- Features in Sage 50 that are used to implement credit control measures;
- How to set up ageing periods and credit control for accounts;
- How to use the ‘Suggested payment' option.
Module 2 : Chasing Debt and Credit Control (Part II)
- How to use the ‘Chase debt' option;
- How to enter information in the Communications tab in the Customers module;
- How to view a transaction history and aged balances for customers;
- How to flag disputed transactions;
Module 3 : Chasing Debt and Credit Control (Part III)
- How to use dashboard views for credit control;
- Access to credit information using pie charts, bar charts and diary events on the dashboard view;
- How to use the Communications feature for improved credit control;
- How to use the Credit control reporting function;
Module 4 : How to Run and Manage your VAT Returns
- How to manage, check and send VAT returns (Standard and Cash VAT accounting);
- How to clear accounts;
- How to switch among VAT payment schemes;
- How to account for scale charges;
Module 5 : VAT returns (Part II), Fuel Scale Charges and Intrastat
- How to submit VAT manually to HMRC;
- Switching between VAT schemes;
- The reconciliation process for switching between VAT schemes;
- How to post fuel scale charges using the wizard;
Module 6 : How to Use Foreign Currencies in Sage 50 (Part I)
- An introduction to foreign currency trading;
- How to set up foreign currencies in Sage 50;
- How to deal with foreign currency suppliers and customers;
- How to post foreign currency bank transfer reversal;
Module 7 : How to Use Foreign Currencies in Sage 50 (Part II); How to Convert Quotations into Sales Invoices or Orders
- How to view foreign currency invoices;
- How to create product and service quotes;
- How to enter and edit item line information;
- How to create a product quote sales order;
Module 8 : Managing Projects (Part I)
- How to assign costs and status to a project;
- Management of project resources;
- Recording and analysis of project costs;
- How to charge project costs to customers;
Module 9 : Managing Projects (Part II); Project Reports
- How to record and process committed costs for a project;
- How to allocate, amend and issue stocks to a project;
- How to bill customers for a project;
- How to post different project transaction types;
Module 10 : Project Reports, Report Designer and Audit Trails
- How to generate project reports;
- How to open and save documents in Reports designer;
- How to add groups and sort to a report;
- Trial balance and Profit and Loss Reports'
Example Certificate




A007294

FAQ's
-
Who can take the Complete Sage 50 Accounting Diploma course?
Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course. -
What is the structure of the course?
The Complete Sage 50 Accounting Diploma Course consists of 3 courses:
Each course consists of between 10 and 10 individual modules.
Modules can take from 20 to 90 minutes to complete. You are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience. -
Do I have to study the courses in a certain order?
No. You can study the courses in any order you choose. If you want to, you can do one module from a course and then move on to the next course. -
Where / when can I study the course?
You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move! -
Is there a test at the end of the course?
Yes. Once you have completed all of the modules for each course there will be a multiple choice test.
The questions will be on a range of topics found within the modules. The test, like the course, is online and can be taken a time and location of your choosing. -
What is the pass mark for the final test?
The pass mark for each test is 70%. -
What happens if I fail the test?
If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course. -
When will I receive my certificate?
Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more). -
How can I pay?
You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal. -
How long after payment can I begin the course?
You can begin the course immediately after your payment has been received. You will create your login details during the checkout process.
We will also send you an email confirming your login details. -
How long does it take to complete the Complete Sage 50 Accounting Diploma course?
We estimate that the course will take about 40 hours to complete in total. -
How long is my certificate valid for?
Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.