Sage 50 Accounts Level 3

Accounting is a fundamental element of business; being able to perform accounting duties is a beneficial and impressive skill to possess. The Computerised Accounting Level 3 course continues to progress your journey within accounts, equipping you with the advanced skills required.

You will learn how to set up discounts and process sales and purchase orders. You will learn how record quotes in your business. You will learn how to set-up foreign trader options in preparation for trading overseas. Overall, you will acquire an advanced understanding of accounting in practice.

This course is beneficial for anyone who has previously completed the Level 1 and Level 2 course. The courses overall are ideal 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 Level 3 course is suitable for intermediate learners who have previously completed the Level 2 course and who are aiming to become advanced learners by the end of the programme.

Once you have completed the Level 3 course, you will be fully competent in using the computerised accounting system. You will be able to record your own accounting records or offer those services to prospective or current employers.

After each lesson there is an assignment which you must complete and return to your tutor for marking. At the end of the course there is a final online exam which takes about an hour and can be completed at a time that is convenient for you. The college can assist you in arranging this and there is a further fee of £55 + VAT if you wish to achieve the fully accredited SAGE 50 certification.

Free With This Sage 50 Accounts Level 3 Course

Full student copy of Sage Instant Accountswhich comes with practice data to assist you with your studies and allow you to apply the techniques you learn throughout this course, worth £36.

UNIT 1 - PLANNING STOCK CODING STRUCTURE

Learning Outcome: To understand the procedure of planning a stock coding structure.

• Identify the importance of stock in business.
• Outline the stock coding structure.
• Explain the importance of planning your stock coding structure.
• Evaluate the benefits of using the computerised accounting software to maintain and monitor stock.

UNIT 2 - PRODUCTS & BILL OF MATERIALS

Learning Outcome: To understand the nature of products and bill of materials in business and to understand how the computerised accounting software processes these items.

Objectives:

• Identify the importance of products in business.
• Outline the processes of managing products within the computerised accounting software.
• Explain the nature of ?Bill of Materials?.
• Evaluate the benefits of using the computerised accounting software to process products.

UNIT 3 - STOCK TAKE & PERIOD END

Learning Outcome: To understand the process of a stock take and to carry out period end procedures.

Objectives:

• Identify the requirement for a stock take.
• Outline the process of a stock take.
• Explain the period end procedure.
• Evaluate the benefits of using the computerised accounting software to carry out stock takes and period end procedures.

UNIT 4 - SOP AND POP SETUP DISCOUNTS

Learning Outcome: To understand the SOP and POP setup discounts within the computerised accounting software.

Objectives:

• Identify discounts in business.
• Outline the process of POP and SOP setup discounts.
• Explain the advantages of using SOP and POP setup discounts in business.
• Evaluate the benefits using the computerised accounting software to.

UNIT 5 - PURCHASE ORDER PROCESSING

Learning Outcome: To understand the procedure of purchase order processing

Objectives:

• Identify the purchase order process.
• Outline the process of receiving deliveries.
• Explain the process of amending and cancelling purchase orders.
• Evaluate the benefits of using the computerised accounting software to complete the purchase order processes.

UNIT 6 - SALES ORDER PROCESSING

Learning Outcome:

Objectives: To understand the procedure of sales order processing

• Identify the sales order process.
• Outline the process of dispatching orders.
• Explain the process of amending and cancelling sales orders.
• Evaluate the benefits of using the computerised accounting software to complete the sales order processes.

UNIT 7 - QUOTES, PROFORMAS & RECURRING TRANSACTIONS

Learning Outcome: To understand the necessary procedures for quotes, proformas and recurring transaction.

Objectives:

• Identify the use of quotations in business.
• Outline the process of creating and utilising quotations in the computerised accounting software.
• Explain the process of recurring transactions in the computerised accounting software.
• Evaluate the benefits of using the computerised accounting software to complete recurring transactions.

UNIT 8 - FOREIGN TRADER OPTIONS

Learning Outcome: To understand which options the software offers for foreign trading.

Objectives:

• Identify foreign currency in the software.
• Outline the procedure of processing foreign customers and suppliers.
• Explain the revaluation of foreign bank accounts in the software.
• Evaluate the benefits of using the computerised accounting software to complete foreign trader options.

After each lesson there is an assignment which you must complete and return to your tutor for marking. At the end of the course there is a final online exam which takes about an hour and can be completed at a time that is convenient for you. The college can assist you in arranging this and there is a further fee of £55 + VAT if you wish to achieve the fully accredited SAGE 50 certification.

The Level 3 course is suitable for intermediate learners who have previously completed the Level 2 course and who are aiming to become advanced learners by the end of the programme.

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.