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SAGE (ACCPAC) Simply Accounting for Professional Accountants

Introduction

AccPac Simply Accounting, which was a popular Canadian accounting software, is now known as Sage Simply Accounting. In North America, Simply Accounting is simply the standard. It can be used by very small enterprises to large multinational corporations. Simply Accounting is user friendly and GUI based platform. Anyone can develop expertise on this system with short period of time.

First objective of this course is to introduce the participants with the basic AIS process that is the essential for any firm. Later, the course will introduce and make the participants expert with the Simply Accounting software.

Methodology

The programme will be delivered using formal lectures combined with practical and interactive case studies and exercises. There will be a great emphasis on gaining practical experiences.

Contents of Training:

Session 1
Concepts of Accounting Information Systems
Introduction to Simply Accounting 2010

Session 2
Setting up a New Company

Creating a new company
Reviewing and Modifying Settings
Foreign Currencies
Adding and Modifying Accounts

Session 3
Setting up Customers and Vendors

Entering Customer Information
Entering Customer Balances
Entering Vendor Information
Entering Vendor Balances

Session 4
Setting up Items and Payroll

Entering Item information
Entering Opening Quantity and Value
Setting up Payroll Defaults
Entering employee information

Session 5
Essential Regular Tasks

Overview of Customer Transaction
Invoicing Customers
Receiving Customer Payments
Overview of Vendor Transactions
Recording Expenses
Paying Employees

Session 6
Essential Reporting

Cash Flow Statement
Profit and Loss Account
Balance Sheet

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