What’s to do in Sage 50 Canadian Edition

Course Objectives: In this self-paced course, you will learn how to establish and use all the modules included in the Sage 50 Canadian edition. You will learn how to configure and process transactions in the general ledger, receivables, payables, payroll, and inventory modules. The course also includes historical mode which is a feature used to enter opening balances and transactions. You will also learn how to enter other commonly used transactions including adjustments, reversals, recurring entries, and bank transactions. You will spend time learning how to set up and use projects, time and billing, setup departments, create a company file, ways to install, set up budgets, and how to register, activate and update the sage 50 programs. Topics are also dedicated to setting up users and security, foreign currency transactions, periodic maintenance, and form and report customization. This course offers instruction on the following:

Set up General Ledger and use the General Journal

Configure Accounts Payable and process transactions including invoices and payments

Configure Accounts Receivable and enter transactions including sales invoices, credit memos, receipts, and deposits

Configure Payroll and process transactions including paying employees and adjusting their cheques, creating remittances, using direct deposit, and creating T4s.

Configure the Inventory module, create items, adjust inventory levels, set up locations, categories, and price lists, use FIFO for costing and configure serialized inventory

Understand and enter historical transactions

Perform transaction inquiries

Adjust and reverse transactions

Use recurring transactions to save time

Enter bank deposits, transfers, and complete account reconciliations

Complete year-end and perform database management

Customize forms and reports

Set up users and security

Set up and use Time and Billing, Projects, Departments, Budgets, and Foreign Currencies.