Sage 50 Accounting | Sageline 50 Basic to Advance Training

Name: Sage 50 Accounting | Sageline 50 Basic to Advance Training
Rating: 4.2 (619 reviews)

Master Sage 50 & Sage Line 50 with real-world accounting, bookkeeping, financial reporting, invoicing, inventory, and bu

Created byAccountech Training & Solutions

Last updated 1/2026

English

What you'll learn

Installation and Setup: How to install Sageline 50, configure company options, date settings, and create a new company
Chart of Accounts and Ledgers: Creating, editing, and coding the Chart of Accounts, as well as entering and correcting ledger balances.
Managing Transactions: Recording various transactions, including purchase and sales invoices, cash sales, customer advances, handling prepayments, bad debts
Inventory and Fixed Assets: Entering opening inventory balances and managing cash purchases of fixed assets
Importing and Reconciling Data: Importing customers, suppliers, and batch invoices from Excel and CSV files, and performing bank reconciliations.
Using the ledger creation wizard, adjusting journal entries, Converting sales and purchase orders to invoices, and handling inventory loss and returns

Course content

3 sections • 66 lectures • 5h 56m total length

Introduction to Sageline 501:06
Installation of Sageline 50 on your PC4:37
download the Sageline 50 setup from resources, extract the zip with Vanguard, install the 64‑bit version if needed, and activate with a license key for multi-user access.
FAQs0:59
Company Options and Date Settings2:50
Important Message1:33
Create a New Company in Sageline 504:30
Chart of Account Coding in Sageline 506:51
Creating and Editing Chart of Accounts6:21
Creating New Ledgers or COA in Sage 502:44
Power of Ledger Creation Wizard2:47
Entering Ledger Opening Balances8:06
Extracting Trial Balance in Sage1:55
Rectifying or Correcting ledger balances2:00
Rectify ledger balances by correcting the accrual error in the suspense account, entering the difference on the debit side, and updating the trial balance and balance sheet.
Creating Customers and vendors with balances6:47
Entering Opening Inventory in Sageline 504:39
Entering Cash Purchases of Fixed Assets in Sageline 503:49
Handling Prepayments in Sage1:56
Record a six-month rent prepayment of 30,000 (5,000 per month) as an asset in Sage 50 Accounting, and post January 2020 cash and bank payments to complete the advance.
Dealing With Security Deposits and Indirect Cash Expense4:06
Dealing Against Customer Pending Invoices Settlement1:12
Entering Purchase Invoice in Sage5:38
Entering Purchase Invoice for New Vendor3:40
Dealing With Cash Sales In Sageline 502:24
Dealing With Customer Advances in Sageline 502:07
Dealing with Sales Order in Sageline 502:06
Entering Sales Invoice in Sage 502:31
Dealing With Direct Purchase Order in Sage3:26
Dealing With Bad Debts in Sageline 502:28
Dealing With Purchase of Services in Sageline2:24
Dealing With Partial Settlement of Supplier Payments1:20
Converting Sales Order to Sales Invoice in Sage1:41
Dealing With Purchase Returns In Sage3:03
Learn how to process purchase returns in Sage by performing a two-step adjustment: first adjust the invoice value, then adjust the returned quantity to maintain accurate books.
Dealing With Sales Return in Sageline 502:45
Full Customer Balance Settlement in Sage1:40
Converting Purchase Order to Purchase Invoice in Sage1:55
Dealing With Loss of Inventory in Sage3:01
Adjusting Journal Entries In Sageline 502:43

Introduction to Starlite Company Assignment6:20
Entering Multiple Customers From Excel5:04
Import Customers From CSV File5:07
Entering Batch Invoices Manually6:47
Import Sales Batch Invoices March15:45
Importing the Remaining Sales Invoices in Sage 507:54
Reconciling Sales Transactions2:29
Import Suppliers in Sage 503:46
Import suppliers in sage 50 by preparing a csv of the supplier list with the correct headings, then map fields in the import wizard and complete the import.
Import Template for Purchase Invoices11:53
Enter Batch Credit Notes3:55
Enter batch credit notes in sage 50 to record sales returns using the batch invoice feature, specifying CN numbers, dates, nominal codes 4000 and 4001, and amounts with tax.
Dealing with Purchase Return Via Batch Credit In Sage3:41
Cash Payments to Suppliers from Petty Cash6:56
Cash Receipts from Customers from Petty Cash5:50
Record cash receipts from customers in petty cash within Sage 50, entering date and reference numbers, marking as paid in full, and saving to avoid errors and keep balance positive.
Receiving Bank Payments Against Customer Invoices3:20
Bank Receipts from Customers March18:00
Learn how to process bank receipts from customers in Sage 50, clear multiple invoices with automatic payments, allocate by date or reference, post payments on account, and handle date discrepancies.
Bank Receipts from Customers April11:11
Bank Receipts from Customers May8:45
Enter bank receipts from customers for May 2023 in Sage 50, recording dates, reference numbers and amounts, saving each transaction and arranging them in ascending order.
Payments to Suppliers and Bank Payments March13:34
Learn how to enter supplier payments and bank payments in Sage 50 for March, including HSBC bank usage, supplier selection, partial settlements, wages, and corrections.
Payments to Suppliers and Bank Payments April6:52
Payments to Suppliers and Bank Payments April Part 23:36
Payments to Suppliers and Bank Payments May6:29
Bank Reconciliation March Part 110:07
Bank Reconciliation March Part 24:09
Bank Reconciliation March Part 320:41
Bank Reconciliation April16:29
Bank Reconciliation May19:37

Requirements

Access to a computer with an internet connection.
Familiarity with accounting principles.
Willingness to learn and apply practical accounting tasks using Sageline 50 software.

Description

Want to master Sage 50 Accounting (Sage Line 50) and confidently manage real-world bookkeeping, business finances, and accounting workflows? This complete Basic-to-Advanced Sage 50 training course is designed to take beginners, business owners, accountants, and aspiring finance professionals from the fundamentals to expert-level skills using practical, step-by-step examples.

In this comprehensive training, you will learn everything from setting up your Sage 50 company file, managing chart of accounts, recording daily transactions, handling sales and purchase cycles, managing suppliers and customers, bank reconciliation, VAT setup, inventory management, payroll basics, and generating accurate financial statements. You’ll also explore accounting controls, error fixing, reporting tools, audit trails, budgeting, departmental reporting, and real-world workflow automation inside Sage 50.

This course follows a highly practical approach—every topic is demonstrated using real business scenarios so you clearly understand how Sage 50 is used in day-to-day accounting. You will learn key skills like creating invoices, recording bills, reconciling bank accounts, generating management reports, adjusting entries, handling credit notes, monitoring stock movement, and preparing year-end financial summaries with complete accuracy.

You’ll also discover advanced techniques such as customizing layouts, VAT return processing, financial analysis tools, payroll essentials, accountant-level adjustments, and essential problem-solving tips for common Sage 50 errors. These real-world workflows help you build confidence to work professionally with Sage 50 in any business environment.

Whether you want to improve your job prospects, enhance your accounting skills, support your business finances, or switch to a professional bookkeeping role, this course gives you all the practical knowledge you need to master Sage 50 quickly and effectively.

By the end of this course, you’ll be able to manage complete accounts independently, prepare accurate financial reports, streamline bookkeeping tasks, and confidently use Sage 50 Accounting like a skilled professional.

Who this course is for:

Accounting professionals seeking to enhance their skills with Sageline 50 software
Business owners or managers responsible for financial management and accounting tasks
Students or beginners in accounting looking to gain practical experience with Sageline 50
Anyone interested in learning how to use Sageline 50 for managing company finances and transactions

Sage 50 Accounting | Sageline 50 Basic to Advance Training

What you'll learn

Explore related topics

Course content

Sageline 50 Training Course36 lectures • 1hr 54min

Starlite Assignment Project26 lectures • 3hr 48min

FAQs4 lectures • 14min

Requirements

Description

Who this course is for: