Sage 50 & UK Tax Accounting

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).

• 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

Currently there are no Q&As for this course. Be the first to ask a question.