Other
SAGE PASTEL TRAINING MANUAL 2021 - AIN2601 stuvia
- Course
- Institution
AIN2601 prescribed book. Training Manual Version 2021
[Show more]
Seller
Follow
ThirdYearStudent
Reviews received
Content preview
TrainingSAGE PASTEL PARTNER
ACCOUNTING
Manual
2021
EDITION
,
, Sage 50c Pastel Partner Intermediate Training Manual: 2021.1
Preface
Notices
Manual Version: 2021.1 (October 2020)
Software Version: 19.1.1
This product is copyrighted to:
© Sage South Africa.
Disclaimer: While Sage takes care to ensure the accuracy and quality of these materials, we cannot
guarantee their accuracy, and all materials are provided without warranty whatsoever, including, but not
limited to warranties of merchantability or fitness for a particular purpose. The name used in the data files
for this course is that of fictitious companies. Any resemblance to current or future companies is purely
coincidental. This courseware may contain links to sites on the Internet that are owned and operated by
third parties (the “External Sites”). Sage is not responsible for the availability of, or the content located on
or through any External Site. Please contact Sage if you have any concerns regarding such links or
External Sites.
Copyrights: This product is owned by Sage and is protected by copyright laws and international treaty
provisions. All rights reserved. This publication, or any part thereof, may not be reproduced or transmitted
in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an
information retrieval system. All of the copyright, trademarks, trade names, patents and other intellectual
property rights subsisting in or used in connection with the product including all documentation relating
thereto are and remain the property of Sage. This book conveys no rights to the software or other
products about which it was written; all use or licensing of such software is held by Sage and users of this
book are required to adhere to licence agreement conditions as specified on the software. Information in
this manual is subject to change without notice and does not constitute a commitment on the part of the
supplier. Sage reserves the right to revise this publication and the product, and to make changes to the
content thereof, from time to time, without obligation of Sage to notify any person or organisation of such
revision or changes.
You acknowledge that unless agreement is reached directly with Sage to provide services (including
implementation, training, consulting and similar) for the software, you are responsible for engaging a
qualified party to provide such services on terms that you negotiate. You also accept the responsibility for
independently investigating the skills and qualifications of such party to ensure that they have and can
provide the level of skill and service required. You agree that the Sage shall have no liability whatsoever
for any failure associated with such services, even if the party engaged is an authorised or certified
dealer, reseller, consultant, installer, business partner, trainer or training centre with Sage.
Is this Material a genuine Sage Product? All original manuals printed by Sage and its affiliates will carry a
green Sage logo in the bottom right of every alternative page. Should the Sage logo not be in colour
please report this to the Sage Learning Services Department: training.za@sage.com.
Acknowledgements
Sage wishes to acknowledge the following people in the production of this manual:
Content Developer and Editor: Craig Frankel
Layout, Design and Graphics: Craig Frankel
Quality Controller: Genevieve Mlangeni
Project Manager: Craig Frankel
i
,Preface
Table of Contents
Course pre-requisites:
1. Bookkeeping Fundamentals.
2. Computer Literacy at NQF Level 3 or Standard 8/Grade 10 Computer Literacy.
3. Mathematical Literacy or Standard 8/Grade 10 Mathematics.
Preface:
Lesson Flow ........................................................................................................................................... iv
Introduction ............................................................................................................................................ v
Contacting Sage Pastel Training ........................................................................................................... v
Sage Pastel Assessments ..................................................................................................................... vi
How to access Sage University to write your assessment .................................................................... vi
Downloading data files........................................................................................................................... x
Additional Help Options ......................................................................................................................... xi
Lesson 1: Installing Sage 50c Pastel Partner
A. Preparing to Install ....................................................................................................................... 2
B. Installing Sage 50c Pastel Partner ............................................................................................... 17
C. Resolving the Decimal Separator Error ....................................................................................... 28
D. Registering your Sage 50c Pastel Partner ................................................................................... 30
Lesson 2: Working in the Demo Company
A. Opening a company in Sage 50c Pastel Partner ......................................................................... 2
B. Navigating Sage 50c Pastel Partner ............................................................................................ 6
C. The Toolbar .................................................................................................................................. 15
D. The System Navigator ................................................................................................................. 16
E. The Sage 50c Pastel Partner Explorer ........................................................................................ 17
F. Function and Shortcut keys ......................................................................................................... 24
G. Sage 50c Pastel Partner Utilities ................................................................................................. 28
Lesson 3: Creating a New Company
A. Setting up a Company ................................................................................................................. 2
B. Using the Setup Assistant ............................................................................................................ 6
Lesson 4: Using the Auto Setup
A. Using the Auto Setup after creating your new company ............................................................. 2
B. Setting up Users .......................................................................................................................... 45
C. Forms Assistant ........................................................................................................................... 50
D. Backups and Restores ................................................................................................................. 54
Lesson 5: The Edit Menu - Customers
A. Creating Customer Categories .................................................................................................... 2
B. Creating Customer Accounts ....................................................................................................... 8
C. Change from Open Item to Balance Forward .............................................................................. 19
D. Printing the Customer Masterfile listing ....................................................................................... 21
ii
,Preface
Lesson 6: The Edit Menu - Suppliers
A. Creating Supplier Accounts ......................................................................................................... 2
B. Printing the Supplier Masterfile listing ......................................................................................... 8
Lesson 7: The Edit Menu – Inventory and General Ledger
A. Creating and editing General Ledger accounts ........................................................................... 2
B. Creating Inventory categories and items ..................................................................................... 12
Lesson 8: Creating and Editing Accounts and Inventory Items
A. Edit General Ledger ..................................................................................................................... 2
B. Edit Customers ............................................................................................................................ 10
C. Edit Inventory ............................................................................................................................... 17
Lesson 9: Processing
A. Supplier Processing ..................................................................................................................... 2
B. Customer Processing .................................................................................................................. 49
C. Cash Book Processing ................................................................................................................ 59
D. Journal Processing ...................................................................................................................... 98
Lesson 10: Second Month of Trading
A. Processing a second month ........................................................................................................ 2
B. Processing a quotation ................................................................................................................ 6
C. Creating Sales Orders and Invoices ............................................................................................ 9
D. Creating a Credit Note ................................................................................................................. 11
E. Additional Processing .................................................................................................................. 13
F. Remittance Assistant ................................................................................................................... 17
G. Month End Processing ................................................................................................................. 22
H. Tax Manager ................................................................................................................................ 25
Lesson 11: The View Menu
A. General ledger reports ................................................................................................................. 2
B. Customer reports ......................................................................................................................... 20
C. Supplier reports ........................................................................................................................... 32
D. Inventory reports .......................................................................................................................... 41
Lesson 12: Sundry Optimisation
A. Correction of errors ...................................................................................................................... 2
B. Scheduled Invoices ...................................................................................................................... 6
C. Take on balances ........................................................................................................................ 18
D. Financial reports .......................................................................................................................... 42
E. Bank Reconciliation Statement .................................................................................................... 48
Appendix A: Formative assessment solutions
iii
, Preface
Lesson Flow
Lesson 1: Installing Sage 50c Pastel Partner
Lesson 2: Working in the Demo Company
Lesson 3: Creating a New Company
Lesson 4: Using the Auto Setup
Lesson 5: The Edit Menu - Customers
Lesson 6: The Edit Menu - Suppliers
Lesson 7: The Edit Menu – Inventory and General Ledger
Lesson 8: Creating and Editing Accounts and Inventory Items
Lesson 9: Processing
Lesson 10: Second Month of Trading
Lesson 11: The View Menu
Lesson 12: Sundry Optimisation
iv
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ThirdYearStudent. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.04. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76669 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now