Introduction to SAGE

Computerised Accounts – SAGE 50

A computerised accounting software is an application with functionalities to record, process, store and report accounting information.

Functionalities include:

• Database
  
• Word processing
  
• Calculations
  
• Spreadsheet – charts, graphs etc
  
• Emailing
  
• On-screen inputs,
  
• Recording, reporting & Printing
  
• Automatic updates

Management Reports :

Instant management reports –

• Aged trade receivables analysis report
  
• Aged trade payables analysis report,
  
• Customer and supplier activity reports,
  
• Nominal activity
  
• Audit Trail
  
• Trail Balance
  
• Bank Reconciliation Reports
  
• VAT return etc.

Modules

Customers:

Sales Ledger, Customer records, transactions, reports etc.

Suppliers:

Purchases Ledger, Supplier records, transactions, reports etc.

Company:

General/Nominal Ledger, Journals, Financials, etc

Bank:

Receipts, Payments, transfers etc.

Other - Projects, Products etc.

SAGE BASICS - Essentials

• SETTING UP COMPANY, FINANCIAL YEAR, PROGRAMME DATE, VAT , ETC
  
• CUSTOMER DETAILS
  
• SUPPLIER DETAILS
  
• NOMINAL ACCOUNT DETAILS
  
• JOURNALS
  
• RECURRING PAYMENT
  
• BANK RECONCILIATION STATEMENTS
  
• REPORTS

SETTING UP COMPANY

Financial Year

• Settings
  
• Financial Year, Change, Ok

Program Date

• Settings
  
• Change program date, Ok

Changing Company Details

• Settings
  
• Company preferences
  
• Enter details, save.

Changing VAT Codes

• Settings
  
• Configuration
  
• Tax code, T1 can be changed to 20

Customers

• Click on Customer (Module)
  
• Click on Customer List
  
• Click on Record
  
• Enter
  -Customer Code
  -Name
  -Address and any other details you may want to include (Contact Name,
• Telephone, Email, Fax, Website, VAT Reg. Number etc.)
  
• Click on Credit Control and Tick Terms Agreed
  
• SAVE and enter the next Customer details

Suppliers

• Click on Supplier (Module)
  
• Click on Supplier List
  
• Click on Record
  
• Enter
  -Supplier Code
  -Name
  -Address and any other details you may want to include (Contact Name,
• Telephone, Email, Fax, Website, VAT Reg. Number etc.)
  
• Click on Credit Control and Tick Terms Agreed
  
• SAVE and enter the next Supplier details

Nominal Accounts

• Click on COMPANY
  
• Select Nominal
  
• Click on Record
  
• Enter
  -Nominal Account Code
  -Nominal Account Name OR
  -New Nominal code/Change name, O/B etc
  
• SAVE.