Sage Business Cloud Accounting 2020

Learn to use bank feeds with a free trial version of Sage Business Cloud Accounting from a practicing Certified Public A

4.50 (31 reviews)
Udemy
platform
English
language
Money Management Tools
category
Sage Business Cloud Accounting 2020
2,360
students
5.5 hours
content
Feb 2020
last update
$84.99
regular price

What you will learn

How to set up bank feeds for both bank accounts and credit card accounts

How to set up Sage Business Cloud Accounting software

How to add transactions and assign proper general ledger accounts to them

How to do bank reconciliations

Understand the difference between a bank reconciliation when using a cash basis and accrual basis

Record transactions from two accounts that use bank feeds like a credit card account and a bank account

Description

Sage currently offers a free trial version of the software.

This is an excellent tool to learn an excellent accounting software.

In this course, we will learn how to use Sage Business Cloud Accounting software.

This course will focus on using bank feeds. Bank feeds allow us to receive data directly from the bank and use that data to create financial statements including the balance sheet and income statement.

We will walk through the setup process for a practice company.

The course will discuss how bank feeds work and how they fit into an accounting process.

Transaction data will be provided for learners to upload to Sage, allowing us to work through practice transactions in a step by step process.

We will analyze how transactions go from the bank, to Sage accounting software, to being added to the financial statements.

Content

Introduction

10 Sage Business Cloud Accounting Free Trial
Data Files to Download
315 How Do Bank Feeds Fit Into My Accounting System

Getting Set Up

320 Project Outline

Month One - Set up Bank Feeds

Data Files to Download
325 Set Up Bank Feeds
360 Download Transactions From Bank
365 Import Bank Data

Month One - Add Transactions from Bank Feeds

Data Files to Download
370 Add Expense transactions
375 Add Capital Expenditures
380 Add Inventory Purchase
385 Add Amount Paid for Investment
390 Add Owner Withdraws
395 1 Add Bank Charge
395 2 Customer Deposit
400 Sales Tax Calculation
405 1 Deposit Owner
405 2 Deposit Loan

Month One – Bank Reconciliation

406 Bank Beginning Balance
407 Bank Reconciliation

Month Two – Upload Bank Transactions

415 1 Upload Bank Transactions

Month Two – Add Transactions from Bank Feeds

415 2 Add Expenses
420 Add Insurance
425 Add Payroll Checks
430 1 Add Inventory
430 2 Add Loan Payment
435 Add Draw
440 1 Receive Payments On Invoice
440 2 One Deposit Two Invoices
445 Sales Receipt & Bank Feeds

Month Two – Bank Reconciliation

450 Bank Reconciliation

Credit Card Bank Feeds

460 Credit Card Bank Feeds Upload
465 1 Add Credit Card Bank Feed Data
470 1 Reconcile Credit Card

Reviews

Adrienne
August 16, 2022
Still a lot about quick book. Need to basic Sage 50/Cloud flow charts. Would make this much simpler to follow. Make one if it isn't available!
Charity
September 9, 2020
Just what I need to learn about for a new job role. Clearly explained with a hint of humour and the relaxing videos at the end of each segment. Very glad I bought this course! Only drawback for me is that is based on an American model not British so there is no accounting for VAT etc.
John
August 5, 2020
I am completely new to Sage and a beginner with respect to accounting. I have found this course to be very clear. The tutor uses repetition very well to drive home commonly used functions. I had the option to speed up or slow down the playback depending on how conversant I had become with certain sections.

Coupons

DateDiscountStatus
2/20/2020100% OFF
expired
2/24/2020100% OFF
expired

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Related Topics

2811353
udemy ID
2/13/2020
course created date
2/20/2020
course indexed date
Lee Jia Cheng
course submited by