Course curriculum

  • 01

    Getting Started - Getting Setup

    • .05 Recommendations For Success

    • 10 Sage 50 Cloud Free Test Drive

    • 1.05 Navigation Overview

    • Documents to Download

  • 02

    Customer Cycle , Cycle, or Accounts Receivable Cycle

    • Documents to Download

    • 1.15 Customers Section Flow

    • 1.16 Customer Section Invoice

    • 1.17 Customers Section Receive Payment

    • 1.19 Customers Section Sales Receipts Xero

  • 03

    Vendor Cycle, Purchases Cycle, or Sales Cycle

    • 1.20 Vendors Section Bill Form Xero

    • 1.22 Vendor Section Payable Payment Xero

    • 1.23 Vendors Section Purchase Order Xero

    • 1.24 Vendors Section Check Xero

  • 04

    Employee Cycle and Other Core Features

    • 1.25 Employee Section Xero

    • 1.28 Others Section Xero

    • 1.30 Reports Xero

    • 1.40 Help Options Xero

    • 1.45 Print & Export Reports to Excel Xero

    • 1.50 Backup Options Xero

  • 05

    Financial Statements & Reports

    • Documents to Download

    • 2.10 Balance Sheet

    • 3.10 Income Statement

    • 4.10 Statement of Cash Flows

    • 4.20 Sales By Customer Report

    • 4.30 Aged Receivables Report

    • 4.35 Aged Payables Reports

    • 4.40 Sales Graphs

  • 06

    Course Project Start - Set Up New Company File, Preferences, & Users

    • 6.01 Set up New Company

    • 6.09 Objective

  • 07

    Set Up Service & Inventory Items & Enter Inventory Beginning Balance

    • 6.10 1 Inventory & Service Items Part 1

    • 6.11 2 Inventory & Service Items Part 2

  • 08

    Add Customers & Vendors - Enter AR and AP Beginning Balances

    • 6.15 Set Up Customers & Beginning Balances Part 1

    • 6.16 Set Up Customers & Beginning Balances Part 2

    • 6.20 Set Up Vendors & Beginning Balances

  • 09

    Add Accounts & Beginning Balances, Checking, Credit Card, Notes Payable, Equip.

    • 6.25 Add Bank Account

    • 6.26 Add Credit Card

    • 6.27 Add Notes Payable

    • 6.28 Add Equipment Account

  • 10

    Adjust Equity, Payroll Options, & Reports

    • 6.35 Payroll Options

    • 6.55 Generate Transaction Detail Report

  • 11

    Month 1 - Deposits from Owner & Loan, Purchase Furniture, Sales Tax Set Up

    • 7.05 Record Owner & Loan Deposit

    • 7.10 1 Record Purchase Furniture

    • 7.10 2 Record Short-Term Investment

    • 7.16 Sales Tax Set Up

  • 12

    Month 1 - Purchase Orders & Invoices

    • 7.17 1 Purchase Order Part 1

    • 7.18 Purchase Order & Add Inventory Item

    • 7.20 1 Create an Invoice with Inventory Part 1

    • 7.20 2 Create an Invoice with Inventory Part 2

  • 13

    Month 1 - Receive Payments Forms

    • 7.25 1 Receive Payment Part 1

    • 7.25 2 Receive Payment Part 2

  • 14

    Month 1 - Sales Receipt & Deposit

    • 7.30 1 Sales Receipt Part 1

    • 7.30 2 Sales Receipt Service Item

    • 7.35 Deposit Records Group Deposits

  • 15

    Month 1 - Receive Inventory & Link Expense Form to Purchase Order

    • 7.40 1 P.O. Billed & Paid Part 1

    • 7.40 2 P.O. Billed & Paid Part 2

  • 16

    Create Invoice From Linked Billable Expense & Make Deposit

    • 7.45 Invoice After Purchase Order Part 1

    • 7.46 Invoice After Purchase Order Part 2

    • 7.50 Receive Payment and Make Deposit

  • 17

    Month 1 – Enter Checks & Expenses & Pay Bills

    • 7.55 Enter Check & Expense Forms

    • 7.60 Pay Bills

  • 18

    Month 1 – Customer Jobs & Sub Customers, Projects, & Payroll

    • 7.65 Jobs Set Up

    • 7.70 Pay Employees

    • 7.71 Pay Employees Part 2

    • 7.75 Sales Receipt To a Job

  • 19

    Month 1 – Reports & Review of Data Input

    • 7.80 Generate Report Export to Excel

  • 20

    Month 2 - Loan Payments & Short Term Investment Sale

    • 8.02 Consolidate Loans

    • 8.03 Loan Amortization Table

    • 8.05 Make Loan Payments

    • 8.10 Short Term Investment Sale

  • 21

    Month 2–Purchase Order, Enter Bill for Inventory, Sales Receipt, & Deposit

    • 8.15 Purchase Order With New Inventory Item

    • 8.20 Receive Inventory Requested With P.O. Enter Bill

    • 8.25 Garcia Guitar

  • 22

    Month 2 – Advanced Payments & Apply Credit to Invoice

    • 8.30 Advanced Payment From Customer

    • 8.35 Apply Credit Or Advanced Payment to Invoice

    • 8.40 Record Sales on Account

    • 8.45 Advance Customer Payment or Deposit

  • 23

    Month 2 – Enter Bills, Pay Bills, Customer Payment, Pay Sales & Payroll Tax

    • 8.50 Bills Track & Pay

    • 8.55 Customer Payment & Deposit

    • 8.60 Pay Sales Tax

    • 8.65 Pay Payroll Taxes

    • 8.70 Enter Bills & Pay Bills

  • 24

    Month 2 – New Service Items to Invoice, Finance Equipment, & Payroll

    • 8.77 Purchase Equipment with Debt

    • 8.75 Enter Service Items & Invoices

    • 8.80 Payroll

    • 8.90 Rental Income New Service Item New Income Account

  • 25

    Month 2 – Month End Reports

    • 8.95 Month End Reports

  • 26

    2020 Bank Reconciliations

    • 9.02 Bank Reconciliation Objective

    • 9.10 Bank Reconciliation First Month Part 1 Deposits

    • 9.11 Bank Reconciliation First Month Part 2

    • 9.12 Bank Reconciliation First Month Part 3

    • 9.14 Bank Reconciliation Second Month Part 1 Deposits

    • 9.15 Easy Window Repairs

  • 27

    2020 Month End Adjusting Entries & Reversing Entries

    • 10.11 Short Term Portion Of Loan Adjusting Entry

    • 10.15 Accrued Interest

    • 10.17 Reversing Entry Notes Payable

    • 10.25 Accrued Interest Reversing Entry

    • 10.25 Invoice & AR Adjusting Entry Part 1 The Problem

    • 10.26 Invoice & AR Adjusting Entry Part 2 Solution

    • 10.35 Accounts Receivable Reversing Entry

    • 10.40 Prepaid Insurance Adjusting Entry

Description

The Sage50cloud Accounting Software course content is being added to at this time. We expect to have between 20 and 30 hours of content by the end of February.

The price will go up as content is added.

The current course community will have access to the updates as we create them.

If we would like to:

· Learn Sage50cloud Accounting Software to help run our business or

· Understand Sage50cloud Accounting Software to advance our career or

· Use Sage 50cloud accounting software to understand better how accounting concepts apply in the real world by using this real-world software

This course is a course for us.

This course is comprehensive.

We will show the pricing options for Sage 50cloud Accounting.

The course will demonstrate how to download and install the software.

The first half of the course covers the navigation of the software. Learners can follow along with a FREE demo version of the software.

In the second half of the course, we will start a new company file. We will enter two months of data input, reconcile the bank accounts, and enter adjusting entries.

We will also discuss bank feed options.

Robert (Bob) Steele CPA CGMA CPI MStax

Instructor

Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.