Invoicing, Stock and Order Processing
Duration: 2 Days
How well do you know how to produce invoices from Sage 50? And what would happen to your business if poor stock control meant you couldn’t meet customer demands?
There’s a lot your Sage 50 program can do – even if you’re confident with the basics, don’t you want to get the most you can from its functionality? This two-day course rounds out the “core” Sage 50 knowledge with an in-depth look at product invoice production, all manner of stock control, reporting, bill of materials, sales and purchase order processing, as well as all of the Foreign Trader elements of the program.
About the Course
This two-day course is essential training for users of Sage 50 Accountant Plus and Financial Controller who deal with invoice production, stock control and reporting, sales and purchase order processing, and who also trade overseas.
By the end of this course you will be able to..
take full advantage of the program’s invoicing, stock and order processing capabilities. This will help your company become more efficient and organised in the areas of stock management and order
Who should attend?
The course is designed for both operators and managers of the software, as it covers both set up decisions and day to day operations.
Ideally you would have attended Sage 50 Stages 1 and 2 training courses prior to attending this course. Alternatively, you should be familiar with the accounting aspects of the system.
You may also find it useful to think about your likely stock reporting requirements.
- Planning and Maintaining a Stock System
Learn how to plan and maintain stock records, post opening levels and record physical stock takes. Stock Movements
Learn how to record deliveries, part deliveries and stock adjustments.
- Bill of Materials
Discover a facility to create stock items, which will become part of an assembly, and how Sage 50 can manufacture stock items based on component items.
- Stock Reporting
Learn how to run reports including profit and re-order analysis.
- Purchase Order Processing
Look at the purchase order cycle and its links to other areas of the Sage 50 system. Learn how to process from entry to delivery. Explore how Sage 50 can create purchase orders based on stock shortages from customer orders.
- Stock Takes and Returns
See how to process stock takes and returns within Sage 50.
- Pricing Structures
See how to produce pricing and discount structures, including Customer and Supplier Price Lists and Foreign Currency Price Lists).
- Sales Order Processing
Look at the sales order cycle and its links to other areas of Sage 50. Learn how to process sales from entry to despatch, and how to print order documents.
- Invoice Production
Investigate the invoicing cycle and its variations. Discover how to produce stock and service invoices, the choices for processing, how to send to a foreign customer and how to use skeleton invoices. Learn how to calculate VAT and the implications of discounts. Also see how to post to ledgers with essential safeguards.
- Pricing & Discount Structures
Sage 50 has special pricing options that enable you to set up multiple selling/cost prices for dealing with different customers/suppliers. Also there are four methods of discounting sales to your customers. We look at how we can apply three of these discounts to a customer sale at any one time.
- Recurring Transactions, Skeleton & Duplication
We look at how to re-use a sales/purchase order that you use regularly, hence saving time re-entering the same order details again.
- Foreign Trader
Sage 50 provides a feature that allows you to deal with customers and suppliers in foreign currencies.
- Stock Period & Year End Routines
Discover how to close off period end stock figures and transfer the valuation to the Balance Sheet.