Auditing & Accounting with Sage 300 ERP
Using Sage 300 ERP/Accpac. Competently use accounting software in your work. Get more out of your EPR system.
Description
Be confident when auditing businesses using Sage 300 formerly known as Accpac.
This course was developed as a result of my involvement with the preparation of financial statements for a company which was undergoing a statutory audit. I was sought out because of my expertise with the company’s accounting software package – Sage 300. It soon became apparent that as I worked with company staff and the audit team that other auditors and interested persons could benefit from the knowledge shared.
This course is prepared with the general and specific audit objectives for the general ledger, accounts payable and receivables in view and could also aide in the discovery of fraud.
This knowledge put extra cash in my pocket as I worked after hours assisting the auditors and accounting staff of a company.
After completing this, course auditors will have greater confidence when auditing a client who uses Sage 300 and also know what to expect from a first-rate accounting software package. Workers in the office will be able to provide the auditors with the information they need, thus completing the audit faster thus getting the auditors out of their offices.
Lets dive right in and have a great time while doing so. You will not regret this educational journey.
What You Will Learn!
- Gain an understanding of Sage Accpac/Sage 300
- Understand Account sets in AR and AP
- Understand Debits and Credits in sub-ledgers
- Understand and Print reports for the GL, AR, and AP modules
- Print AR reports such as Batch listing, invoices, Posting Journals, Customer Reports and Aged Trial Balance
- Print AP reports such as Batch listing, invoices, Posting Journals, AP Vendor reports, and Aged Payables Report
- Print GL reports such as Trial Balance (3 types), Transactions Listing and Posting Journals to name a few
- Understand the importance of the Adjustments feature in AR and AP
- Recognise overpayments in AR and how to deal with them
- How to locate receipts and match them with invoices
- How to use the various inquiry tools in AR, AP, and GL
- How to match invoices with payments
- How to use Customer and Vendor Activity tools
- Understand security and audit trails in Sage Accpa/Sage 300
- How to export to Microsoft Excel, Word and PDF
- How to adjust Aged Payables and Aged Trial Balance (AR)
- Understand how financial statements are designed in Sage Accpac
- Print Financial Statements
Who Should Attend!
- All persons working in the audit field, anyone working in an accounting environment or office, accounting students and those who work with Accpac or any accounting software package
- No need for any experience with Sage Accpac/Sage 300
- Usefull for SAP students as well