Sage 50 Accounts Diploma

Accounting is a fundamental element of business; being able to perform accounting duties is a beneficial and impressive skill to possess. This course equips you with the skills needed to complete accounts using the very best in accounting software. You will learn how to set-up company details in addition to customer and supplier records. You will learn how to navigate the nominal ledger, creating and amending nominal codes. You will learn how to enter cash and credit transactions, utilising the Bank Module to keep track of your finances. Overall, you will acquire a good understanding of accounting in practice.

This course is beneficial for anyone wanting to start-up their own business and take control of their own business finances. In addition, this course will enhance your employability skills and make your CV more attractive to prospective employers. The course is suitable for beginners as well as those with previous experience in accounts who are looking to refresh their learning. The course is designed for all types of learner and has been developed with beginners and intermediate learners in mind.

UNIT 1 – AN INTRODUCTION TO ACCOUNTING SYSTEMS

Learning Outcome:  To understand the purpose and processes of accounting

Objectives:

• Identify the purpose of accounting.
• Outline the requirements for accounting in the UK.
• Explain the accounting process.
• Evaluate the advantages and disadvantages of the accounting process.

UNIT 2 – SYSTEMS OF ACCOUNTING

Learning Outcome:  To understand the foundations of computerised accounting

Objectives:

• Identify the purpose of computerised accounting.
• Produce new records for an organisation.
• Explain the processes used in computerised accounting.
• Evaluate the advantages and disadvantages of manual and computerised accounting.

UNIT 3 – CUSTOMER AND SUPPLIER ACCOUNTS

Learning Outcome:  To understand how to set-up and navigate the customer and supplier functions.

Objectives:

• Produce and amend customer and supplier records.
• Create customer and supplier reports.
• Explain the process for producing and amending customer and supplier records and creating reports.
• Evaluate the benefits of computerised accounting for producing customer and supplier records, amendments and creating reports.

UNIT 4 – THE NOMINAL LEDGER

Learning Outcome:  To understand the functions of the Nominal Ledger.

Objectives:

• Create and amend new Nominal Codes
• Input Opening Balances.
• Explain the process of creating and amending Nominal Codes and inputting Opening Balances
• Evaluate the benefits of using computerised accounting to create and amend Nominal Codes and input Opening Balances.

UNIT 5 – ENTERING TRANSACTIONS

Learning Outcome:  To understand how different transactions are recorded within a computerised accounting system.

Objectives:

• Identify cash and credit transactions.
• Enter customer and supplier invoices.
• Explain what a Trial Balance shows the user in relation to entered transactions.
• Explain the benefits of computerised accounting when entering these transactions.

UNIT 6 – THE BANK MODULE

Learning Outcome:  To understand the functions of the Bank module in a computerised accounting system.

Objectives:

• Enter payments into the Bank module.
• Enter receipts into the Bank module.
• Explain the procedure of entering these transactions into computerised accounting.
• Explain the reason a Bad Debt is written-off.

UNIT 7 – COMPUTERISED ACCOUNTING – PRACTICAL QUESTION 1

Learning Outcome:  To develop practical computerised accounting skills.

Objectives:

• Create company records for a fictional organisation.
• Enter transactions and follow procedure.
• Produce reports.
• Explain the processes used throughout.
• Evaluate the ease of use of the processes used.

UNIT 8 – COMPUTERISED ACCOUNTING – PRACTICAL QUESTION 2

Learning Outcome:  To further comprehensively develop practical computerised accounting skills.

Objectives:

• Create company records for a fictional organisation.
• Enter transactions and follow procedure.
• Produce reports.
• Explain the processes used throughout.
• Evaluate the ease of use of the processes used.