Booking options
£14
£14
On-Demand course
10 hours
All levels
Sage 50 is one of the most popular accounting and payroll software systems on the market today, and becoming an expert in using Sage 50 will set you up for success in the tax accounting sector. Enrol on the course today and enrich your CV.
This course is ideal for anyone looking to pursue a career in tax accounting and will give you the knowledge, confidence and skills you need to use Sage 50 effectively. This course provides you with a full overview of how to set up Sage 50 and the purpose of using for business.
Enrolling on the course will also allow you to gain a full understanding of the tax system in the UK and the role and responsibilities of a Tax Accountant. Explore tax on individuals, National Insurance, and the fundamentals of income tax. This course also gives you professional advice on building a UK tax accounting career and what you can expect from working as a Tax Accountant. Enrol on the course today and learn everything you need to kickstart an exciting and stable career in tax accounting.
What Will I Learn from This Training:
Discover how to set up Sage 50 for your organisation
Get a full tour of cloud accounts
Learn how to process your VAT return
Understand how to carry out year-end procedures and reports
Study the tax system and administration in the UK
Learn how to submit a self-assessment tax return
Discover how to run payroll and ensure wages are paid
Learn about management accounting and financial analysis
Why People Enrol this From One Education:
Receive a certificate upon successful completion of the course
Learning materials of our course comprises of engaging voiceover and visual elements for your comfort
Get 24/7 access to all course content for a full year
Complete the course at your own pace
Each of our students gets full tutor support on weekdays (Monday to Friday)
Efficient assessments and instant results upon completion of our course
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).
10 CPD hours / points Accredited by CPD Quality Standards
• Business owners and entrepreneurs who want to gain an understanding of Sage 50 and UK Tax Accounting
• Accounting professionals looking to expand their knowledge and skills
• Anyone looking to develop a career in accounting with a focus on the UK tax system
There are no formal entry requirements for the course, with enrollment open to anyone! Anyone and everyone with a knack for learning can enrol this course without any hesitation.
Learn online from any internet device, including your computer, tablet or smartphone. Study when it suits you and complete the course at your own pace.
All students must have a passion for learning and literacy, as well as being over the age of 16.
• Accountant - Average salary in the UK £34,818
• Bookkeeper - Average salary in the UK £ 22,704
• Payroll Administrator - Average salary in the UK £25,924
• Financial Analyst - Average salary in the UK £41,824
• Finance Manager - Average salary in the UK £51,157
• Controller - Average salary in the UK £61,033
With a team of industry professionals producing and delivering our course content, you can be sure the skills and knowledge you learn apply to your career aspirations in manag...