Choose Def Tax Code, if the sales to this customer are vatable the code will be TI for 17.5% if the goods are zero rated this will be T0 for 0% VAT, refer to the tax codes schedule on page 14. Mr Nevett would have an account name as NEVETT or NEVETT01 Complete the remaining detail fields accordingly in the boxes provided Choose the Defaults tab choose Def N/C this should be a 4000 code for sales, check how the sales are to be posted. Create an account name being up to 8 characters (letters and/or numbers), it is easier to use the first letters of the customers name i.e. The customer record screen will appear showing the details tab first. Record From the Main menu bar choose customer and then edit customer. Choosing the record option, ensures that only the relevant fields are completed as detailed. Tel FaxĤ Creating a New Customer Record This can be created through the record or the wizard option.
The full nominal list on sage can be printed in paper form by choosing modules, nominal ledger, reports, nominal details report, nominal list, print, OK Balance Sheet Codes from 0001 to 3999, these include fixed assets, debtors, creditors, bank accounts, stock, PAYE, VAT liability etc Profit and Loss Codes from 4000 to codes refer to sales income 5000 codes refer to direct goods for resale 6000 onwards relate to overheads being labour, advertising, travelling, accountancy, rent rates, insurance etc Help Please contact Integra Accounting Limited for any assistance. This is quite complex contact Integra Accounting Limited for assistance. The preset codes on sage should not be altered but new ones can be created, one will need to ensure that those created are reflected correctly in the chart of accounts. Ensure that the correct code is used when posting on to sage. On company tab: Filename: call file: Sage at x date Location - Browse to choose drive (A - floppy discs, C hard drive, D - CD drive) OK Nominal Code Structure The standard nominal codes commence from 0001 up to 9999 each number refers to a separate entity, which will appear on the financial statements.
File Backup (Check data yes periodically) Click advance options tick data files only, choose all files if report templates have been customised. Backups Ensure regular backups are taken and stored off site.
Businesses using the flat rate scheme can refer to parts of this manual but should refer to our separate notes for the flat rate scheme postings and VAT codes to be used. Businesses who are not VAT registered should post all transactions with a T9 tax code, as a VAT record does not need to be maintained. The guide is aimed at businesses using the VAT schemes of standard or cash accounting. For further assistance use the Help option on sage or contact Integra Accounting Limited as detailed below. 1ģ Introduction This is a basic guide to using sage.
No part of this publication may be reproduced in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication) without the written permission of the copyright owner except in accordance with the provisions as a Copyright Designs and Patents Act 1988 or under the terms of a licence. 1 Sage Accounting A Step by Step Guide Integra Accounting Limited Chartered Certified Accountants 5 Station Road Hinckley Leicestershire LE10 1AW Tel:Ģ Contents Page Introduction 2 Creating a customer record 3 Creating a supplier record 4 Posting a customer invoice and credit note 5 Posting a supplier invoice and credit note 6 Posting a customer receipt 7 Posting a supplier payment 8 Posting a bank receipt 9 Posting a bank payment 10 Transfers between accounts 11 Reconciling the bank account 12 VAT procedures 13 & 14 Tax codes 15 Transaction type codes 16 Function keys 17 Monthly/Quarterly controls 18 Monthly Printouts Checklist 19 Feedback Sheet 20 Disclaimer This step by step guide is based on Sage Line 50, version 12 different versions will vary slightly.