Sage 50 Training in Chartered Accountancy Firm

Sage 50 Training is designed to equip you with the skills that you need to secure a job a Bookkeeper or Account Assistant. Upon completion of Sage 50 Training, you will have a good understanding of the financial process from Purchase and Sales Ledger to final trial balance. Training will be provided on a one-to-one basis under the supervision of qualified Accountants using real company files.

We also train on QuickBooks, Xero and Excel. Training duration and price depends on the contents and number of software chosen by the candidate.

Sage 50 Training covers all the areas of Bookkeeping, VAT, Journals and Management Accounts.

The Price Advertised is Per Software

1. Train now later options available (Applicable on the full program)
2. Flexible Payment Options Available (Applicable on the full program)

Discounted offer depends on course content, delivery method, and number of software covered

We provide training for Sage 50 Bookkeeping and Sage 50 Accounts Assistant covering the following topics.

Bookkeeping, VAT & HMRC Reporting (Sage 50,)

• • Setting up companies using various VAT schemes, i.e Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
  • Choosing the chart of accounts that suits the firm's needs and its customisation
  • Understanding how double entry is applied in accounting software and how to customise the nominal ledger and nominal codes
  • Setting up customers’ accounts and processing sales invoices
  • Setting up suppliers accounts and processing purchase invoices
  • Generating customer/supplier invoice reports
  • Generating customer/supplier statements
  • Generating aged debtors and aged creditors reports
  • Understanding CIS deductions and processing invoice containing CIS element
  • Understanding reverse charge and processing invoice containing reverse charge element
  • Identifying errors and performing error corrections
  • Allocating cash payments and receipts
  • Allocating bank payments and receipts
  • Performing bank reconciliation / petty cash reconciliation
  • Calculating VAT for businesses with mixed zero-rated and standard-rated sales combining Sage and Excel
  • Preparing the VAT return
  • Reconciling the VAT return
  • Submitting the VAT return to HMRC
  • Dealing with HMRC queries
  • VAT registration and deregistration process
  • Rules regarding Cash VAT and Flat Rate VAT scheme
  • Deeper understanding of Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme and VAT Retail Scheme
  • VAT deadlines and penalties

Accounts Assistant Practical Training (Sage 50, QuickBooks and Xero)

• Treatment of opening balances
• Foreign currency invoices
• Treatment of different types of discounts on invoices
• Reconciliation of debtors and creditors control accounts
• Generating aged debtors and aged creditors reports for credit control purposes
• Reconciliation of VAT, PAYE and Wages control accounts
• Posting month end adjustments and journals
• Understanding accruals and processing the journal entry
• Understanding prepayments and processing the journal entry
• Maintaining fixed asset register of the organisation
• Writing off fixed assets
• Calculating depreciation using different methods
• Understanding gains and losses on disposals of assets
• Suspense account reconciliation
• Director’s loan account
• Loan amortisation account
• Treatment of dividends
• Preparing VAT using Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
• Preparing closing entries
• Preparing the Final Trial Balance
• Monthly management accounts
• Running the year-end procedures in Sage 50 Accounts to close the financial year and start a new financial year

We are also a recruitment firm and we help each candidate in preparing a professional CV. We add work experience to the CV to boost employability. We arrange interviews with employers and prepare our candidates before each interview. We also provide references to potential employers to place our candidates in jobs. In 2023 we successfully placed more than 1600 candidates in accountancy jobs.

We can train you in following areas:

• Bookkeeping and VAT Returns
• Payroll Processing and HMRC Submissions
• Monthly Management Accounts
• Final Accounts Preparation
• Corporation Tax Returns
• Self-Assessment Tax Returns
• Audit

WHY KBM?

• ACCA Approved employer at Gold level
• AAT Approved training provider with the highest standards
• Firm of Chartered Certified Accountants & Registered Auditors
• Authorised and Regulated by the Financial Conduct Authority (FCA)
• Practical Accountancy Training Endorsed by the Institute of Financial Accountants
• 1 - 1 Training sessions with Qualified Accountants
• Training on Sage 50, QuickBooks, Excel and Xero
• 100% Practical training on real company files
• 100% Flexible - You choose a day & time of your own choice
• Multiple locations – Park Royal, Barking, Croydon, Birmingham
• Regular performance reviews and job market awareness sessions
• Professional CV and Interview Preparation
• Sage 50, Sage Payroll, QuickBooks, Excel and Xero certification preparation
• Guaranteed Work Placement and reference to employers
• Support with PER for ACCA / AAT / CIMA
• At the end of the Practical Accountancy Training program, you will be provided a guaranteed work placement (with office-based courses).

At the end of this training program, you will be provided with a guaranteed work placement. We are experts in preparing candidates for any level of accountancy Job. Our strong links with the top employers make it easier for us to place our candidates into Jobs straight after the training. In 2022 we successfully placed over 1600 candidates in accountancy jobs. You could be the next one.

Note: Work placements are offered with our office-based structured programs.

Anyone looking for a job as a Bookkeeper or Accounts Assistant

Sage 50 Training has no prerequisites but the candidate must be a keen and quick learner.

After completing Sage 50 Training you can apply for jobs such as

Accounts Assistant.

Accounts Payable / Receivables

Bookkeeper

Sales ledger Clerk

Purchase Ledger Clerk

Official Sage Certification

Digital certificate - Included