Sage 50 For Dummies Three e-book Bundle: Sage 50 For Dummies; Bookkeeping For Dummies and Understanding Business Accounting For Dummies

Jane Kelly, Lita Epstein, John A. Tracy

• Publisher: For Dummies
• Year: 2013
• Print ISBN:
  9781118621400
• Edition: 1
• eBook ISBN:
  9781118621394
• Topic: Business
• Subtopic: Accounting
• Index: Business

Learn everything about Sage 50, bookkeeping and business accounting with this fantastic e-book bundle!

Sage 50 Accounts For Dummies walks you through every aspect of setting up and using Sage 50 Accounts, from installing the software to running VAT returns and producing monthly and yearly accounts. Packed with step-by-step instructions and fully illustrated with screenshots, this is the easiest way to get the most from Sage 50 Accounts and take control of your business finances.

Bookkeeping For Dummies provides you with the easy and painless way to master this crucial art. You'll be able to manage your own finances to save money and grow your business. Expert advice shows you the basics of bookkeeping - from recording transactions to producing balance sheets and year-end reports.

Understanding Business Accounting For Dummies takes you through all the key elements of UK business accounting, covering everything from evaluating profit margins and establishing budgets to controlling cash flow and writing financial reports. 

Part I

Setting Up and Installing Sage 50 Accounts

In this part . . .

I introduce the product range and help you decide which product is going to be the most useful to you. I tell you how to install the software and what information you need beforehand. I take you step by step through setting up your records and Chart of Accounts and show you how to navigate around the system.

Finally, you discover how to enter and check your opening balances. You’re then ready to rock and roll!

Chapter 1

Introducing Sage 50 Accounts

In This Chapter

Introducing the Sage software range

Considering SageCover

Installing the software

Getting help from the wizard

Navigating around Sage

In this chapter, I introduce you to the Sage 50 Accounts software range. I show you how easily you can install the software and give you a guided tour, so that you can get up and running quickly – essential for busy people!

Sage works on the principle that the less time you spend doing your accounts, the more time you can spend on your business, so makes each process as simple as possible.

I also discuss SageCover, an optional technical support package, which is an addition worth considering. If you experience software problems, SageCover can help. For small businesses, this support is like having an IT department at the end of a phone.

Looking at the Varieties of Sage

Sage’s developers understand that every business is different and that each business has different needs. As a result, they’ve developed a range of accounting software designed to grow with your business, whatever it is. The three levels of Sage 50 Accounts software start with basic features and finish with a product that contains all the bells and whistles you can possibly want! These versions of Sage are:

Sage 50 Accounts: The entry-level program. Sage 50 Accounts provides all the features you require to successfully manage your accounts. You can professionally handle your customers and suppliers, manage your bank reconciliations and VAT returns and provide simple reports, including monthly and year-end requirements. This basic version is suitable for small businesses with a simple structure; those that need basic stock systems, and don’t need systems for project costing, foreign currency or sales/purchase order processing.

Sage 50 Accounts Plus: Contains all the features of the entry model and also allows you to manage project costs versus budgets, control costs of manufactured and assembled products, and has an improved stock control system that you can use to produce bills of materials and allocate stock.

Sage 50 Accounts Professional: Includes all the features of Accounts Plus and adds sales and purchase order processing, foreign trading, bank account revaluation and Intrastat support. Accounts Professional can also handle up to ten users and manage multiple companies. This product is suited to both small- and medium-sized businesses and offers customers a product flexible enough to suit a multitude of different businesses, including those who trade in both the UK and abroad.

Deciding on SageCover

You can purchase SageCover at the same time as the software. SageCover provides you with technical support in case you have any problems using Sage. It may seem an additional cost burden to begin with, but it’s well worth the money if you have a software problem.

Most people who use accounting packages know something about accounting, but don’t necessarily know much about computer software. When the screen pops up with an error message that you simply don’t understand, a quick phone call to your SageCover support line soon solves the problem.

For Sage 50 Accounts, you can choose between two different types of cover:

SageCover: Provides telephone support during normal office hours, as well as email and online question and answer support. You also get a copy of Solutions, the Sage magazine, along with a monthly e-newsletter. If you have Sage 50 Payroll, you also get human resource (HR) advice as standard and also software updates, which ensures that your software is always up to date with the latest legislation. Sage also offers a data repair service should your Sage data become lost or corrupted. You’re eligible for the standard service if you purchase SageCover.

SageCover Extra: I...

Table of contents

• Cover
• Table of Contents
• Sage 50 Accounts For Dummies
• Table of Contents
• Title Page
• Introduction
• Part I: Setting Up and Installing Sage 50 Accounts
• Part II: Looking into Day-to-Day Functions
• Part III: Functions for Plus and Professional Users
• Part IV: Running Monthly, Quarterly and Annual Routines
• Part V: Using Reports
• Part VI: The Part of Tens
• Cheat Sheet
• Bookkeeping For Dummies, 3rd Edition
• Table of Contents
• Title Page
• Introduction
• Part I: Basic Bookkeeping: Why You Need It
• Part II: Recording Day-to-Day Business Operations
• Part III: Preparing the Books for Year- (Or Month-) End
• Part IV: Reporting Results and Starting Over
• Part V: Payroll Preparation
• Part VI: The Part of Tens
• Cheat Sheet
• Understanding Business Accounting For Dummies
• Table of Contents
• Title Page
• Introduction
• Part I: Accounting Basics
• Part II: Getting a Grip on Financial Statements
• Part III: Accounting in Managing a Business
• Part IV: Financial Reports in the Outside World
• Part V: The Part of Tens
• Part VI: Appendixes
• Cheat Sheet