Olds College

Simply Training Courses

A joint venture between Olds College & SimplyTraining
providing excellence in education

Sage 50 Accounting Online Training

We provide leading-edge online instruction and support in Sage 50 Accounting

Sage 50 Level 1

25 Course Hours  |  Course Fee: $360 + Tax

Level 1 Details    Registration

Sage 50 Accounting Level 1 Training

Topics Covered:

  • Navigating in Sage 50 Accounting (Canadian)
  • Creating a company in Sage 50 Accounting
  • Understanding the importance of Settings and Preferences and automating the system
  • Editing the Chart of Accounts and understanding the purpose of Linked Accounts
  • Recording General Journal entries and other daily transactions
  • How to un-do or adjust transactions and to easily make corrections
  • Customer management and maintenance, Sale Invoices, and Customer Payments
  • Accounts Receivable and Accounts Payable
  • Vendor management and maintenance, bills, expenses and payments by Cheque, Cash and Credit Cards
  • Company Credit Cards Charges and maintenance
  • Sales Tax Reporting and Payments, Recurring Transactions and other time saving features
  • Banking transactions; Transfer Funds, Deposit Slips, Reconciliation for Bank and Credit Card Accounts
  • Financial Statement reporting: Trail Balance, Income Statement, Balance Sheet
  • Report Centre and generating many reports
  • Month-end process and procedures
  • Importance of Database Management and backing up a company

Sage 50 Level 2

25 Course Hours  |  Course Fee: $360 + Tax

Level 2 Details    Registration

Sage 50 Accounting Level 2 Training

Topics Covered:

  • Learn how to customize Settings
  • Introduction to Payroll and Payroll setup
  • Paycheque processing and Employee direct deposit
  • CRA Payroll Remittances
  • Inventory transactions and inventory management
  • Quotes and orders
  • Project and job costing
  • Company budgets and budget reporting
  • Departments and departmental accounting
  • Company’s Database Management
  • Company’s Fiscal Year End and Year End Adjusting Entries
  • Sage 50 Accounting built-in-forms designer
  • Users & security rights
  • Single and Multi-User Modes

Sage 50 Full Course

50 Course Hours  |  Course Fee: $660 + Tax

Full Course Details    Registration

Sage 50 Complete Training

Topics Covered:

  • All topics listed under Level 1
  • All topics listed under Level 2