Sage 50 Accounts Intermediate Diploma

Sage 50 Accounts Intermediate Diploma Course

Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course. For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts. Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health.

The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals. In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process. Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.

What You Will Learn

  • How to set up a fixed asset record in Sage 50
  • Three methods of calculating depreciation
  • How to use the Asset Disposal Wizard and record sale of an asset
  • What to do if depreciation has been missed for a month
  • How to manage cheque and remittance
  • Setting up purchase order defaults
  • How to set up and calculate discounts on invoices and purchase orders
  • How to record the delivery of stock and update cost prices
  • Creating product defaults and understanding stock transactions
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule
  • How to use the ‘Check bill of material’ (BOM) feature to track stock availability
  • How to create price lists
  • How to apply special prices, print and delete price lists
  • How to set up manual discounts on sales orders and invoices
  • How to create service invoices and enter details for item lines

Benefits of the Sage 50 Intermediate Diploma

  • In-depth study and knowledge of different tools and features of the Sage 50 accounting software can help candidates add value to their team.
  • Similarly, Sage 50 software is also ideal for those who own their own businesses and wish to become self-sufficient in managing their own accounting and invoicing and so on. Expertise in Sage 50 accounting software helps reduce reliance on external accountants.
  • In addition, Sage 50 accounting software is recommended for those who wish to make a seamless transition from manual payroll processing to a computerised system. By opting to educate and update one’s skills in Sage 50, candidates can prove their ability to potential employers. The Sage 50 online course is suitable for individuals, business entrepreneurs and aspiring students who wish to learn the basics of computerised accounting and invoicing.
  • A detailed working knowledge of Sage 50 can help aspirants gain confidence and help them provide a high standard of accounting services to companies.
  • Candidates from all backgrounds and fields are free to learn the Sage 50 accounting course; it does not require any prerequisite academic qualifications. The only prerequisite condition is a basic working knowledge of numeracy, literacy and IT skills.

This course includes

24/7 Student Support

End of course certification

Lifetime access to your course

Compatible with modern devices

PLUS - Access to the exclusive New Skills Academy Study Group!
  • Understanding the concept of accruals and prepayments;
  • How to set up prepayments and accruals in Sage 50;
  • How to run month end accounts;
  • How to post manual entries in the prepayment journal and the reversal;
  • Understanding fixed assets and depreciation;
  • How to set up a fixed asset record in Sage 50;
  • Three methods of calculating depreciation in Sage 50;
  • How to post a fixed asset record based on hire purchase, and perform asset valuation;
  • How to use the Asset Disposal Wizard and record sale of an asset;
  • What to do if depreciation has been missed for a month;
  • What to do if an asset has been recorded and processed inaccurately;
  • How to re-index supplier and customer addresses;
  • Setting up purchase order defaults in Sage 50;
  • Specifying different options, such as invoice numbering and default invoice format;
  • How to set up and calculate discounts on invoices and purchase orders;
  • How to create purchase orders and edit the item line;
  • How to amend deliveries;
  • How to use the ‘Update ledgers' option for purchase orders;
  • How to cancel, delete or reverse a purchase order;
  • How to memorise and recall a purchase order;
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
  • How to post stock out, using sales invoices, credits and sales orders;
  • How to maintain stock levels, using the product shortfall and sales order shortfall options.
  • Important reasons why businesses need to incorporate adjustments;
  • Assembly levels and link levels of products and sub-components;
  • How to use the ‘Check bill of material' (BOM) feature to track stock availability;
  • How to check the BOM to which a sub-component belongs, and deleting a BOM;
  • How to create and apply price lists;
  • How to add products to a price list;
  • How to select calculation and recalculation methods for price lists;
  • How to import products into a customer price list;
  • A brief overview of the importance of a pricing strategy.
  • Different types of discounts that can be set up in Sage 50;
  • How to set up a ‘good customer discount';
  • How to set up early settlement and quantity discounts;
  • How to enter sales orders;
  • How to despatch a sales order;
  • How to view and interpret despatch information;
  • How to allocate stocks and complete a sales order;
ID: YDFT67YHJ
certificate

of achievement

This certificate is presented to

Your Name

NSA

For completing the

Sage 50 Accounts Intermediate Diploma

on 21st November 2025

Selena Hurford

Selena Hurford

Course Tutor

cpd

Daniel Morgan

Daniel Morgan

Head of Academy

Certificate Example

Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.

The course is broken down into 10 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

Once you have completed all 10 modules there is a multiple choice test. The questions will be on a range of topics found within the 10 modules. The test, like the course, is online and can be taken a time and location of your choosing.

The pass mark for the test is 70%.

If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.

Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).

You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.

You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.

We estimate that the course will take about 12 hours to complete in total, plus an additional 30 minutes for the end of course test.

Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.

This course was a good introduction to payroll and the content was easy to read and well set out. I would recommend this course to anyone that would like to start out in payroll.

Mark McAuliffe

I wanted a qualification to back up the practical experience I had gained in my last job. I found logging in and navigating the site very easy and I really like the flexibility it gave me; being able to study around my usual working day. The topics were well laid out and explained and I understood well through relevant examples.
The test at the end was straightforward however some rewording of the multiple answers would make it more understandable. But otherwise I'm really happy with this course and I have actually learnt more than I expected.
I would not hesitate to use this company again and have in fact bought another course since.

Jenna Woollon

Helpful tips learned during the course and many fun facts. I will be completing 6 more courses after this one. Such a great learning experience. The knowledge in each package is phenomenal!

Each course is broken down into modules to make it easy to break down the course for short breaks and as soon as you sign back in again it remembers where you left off in your course. How clever!

I would highly recommend this course to anyone looking to brush up their knowledge and skills. Best of luck!
100% Recommended. New Skills Academy is the best!

Dora Christou

I really enjoyed the course. I found it very informative and straightforward.

It provided me with all facts and details about payroll, how to run it smoothly and how to communicate with HMRC. I like the format of the written information, it selects vital facts to remember and highlights the most important information that should be learnt.

Even with all the reading required, it kept me interested during whole course. The exam covers everything that should be learnt during the course and the diploma looks professional. I have learnt a lot. Thank you! I will return for some more courses.

Agata Kwiatkowksa

Would recommend the course to anyone! Considering estate agency as a career gives a clear insight into the role and regulation and was easy to digest. I was able to easily fit this in with my busy work schedule. I was able to complete this course in less than a month which I originally expected to take a lot longer. The course material is really helpful and the assignments help you to identify if you have a clear understanding of what you have read and usually don't take too long to complete. I am now looking into doing a more advance course in estate agency and looking for a trainee position in my local area.

Samantha Giles

Brilliant course. As a busy ,working mum this course gave a chance to change my career but it also gave me a chance to study in my own free time. Very easy wording, education videos, important information you can't find online. The brilliant thing is that even after finishing the course you still can go back to your modules and view the videos again. The help from assistants is great. The minute I contacted them with question they always responded very quickly and professionally.

Monica Carter

Duration:
12 hours

Access:
Lifetime Access

Approved by:
CPD

Learning Type:


Text based modules  Images  Video learning 

Cost:
£80.00

Sage 50 Accounts Intermediate Diploma Course

Successful business management involves a range of complex tasks and functions that help streamline processes. The tasks, features and tools explained in Sage 50 Intermediate course can be expected to be slightly more complex and intricate compared to the simpler ones in the beginners course. For improved clarity with regard to a keyword or concept, it may be a good idea to refer back to the beginners course. Every concept will be introduced and explained before moving on to exploring the related features in Sage 50 Accounts. Businesses often have to deal with hundreds of transactions performed during a month. For example, transactions may occur but cash need not have been received or paid out yet. Such transactions are called accruals and they are extremely necessary because they give a clear indication of a business’s financial health.

The Sage 50 intermediate course will explain how users can leverage the features provided in Sage 50 accounts to calculate accruals. In addition, you will learn about how to prepare and process purchase orders from product records. Purchase orders represent contracts between buyers and sellers and contain all the details regarding the purchase. Well-maintained information regarding purchase orders helps keep the inventory system up to date and streamline the purchasing process. Once you have completed the intermediate course, you will be familiar with a comprehensive range of useful accounting functionalities provided by Sage 50 Accounts.

What You Will Learn

  • How to set up a fixed asset record in Sage 50
  • Three methods of calculating depreciation
  • How to use the Asset Disposal Wizard and record sale of an asset
  • What to do if depreciation has been missed for a month
  • How to manage cheque and remittance
  • Setting up purchase order defaults
  • How to set up and calculate discounts on invoices and purchase orders
  • How to record the delivery of stock and update cost prices
  • Creating product defaults and understanding stock transactions
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule
  • How to use the ‘Check bill of material’ (BOM) feature to track stock availability
  • How to create price lists
  • How to apply special prices, print and delete price lists
  • How to set up manual discounts on sales orders and invoices
  • How to create service invoices and enter details for item lines

Benefits of the Sage 50 Intermediate Diploma

  • In-depth study and knowledge of different tools and features of the Sage 50 accounting software can help candidates add value to their team.
  • Similarly, Sage 50 software is also ideal for those who own their own businesses and wish to become self-sufficient in managing their own accounting and invoicing and so on. Expertise in Sage 50 accounting software helps reduce reliance on external accountants.
  • In addition, Sage 50 accounting software is recommended for those who wish to make a seamless transition from manual payroll processing to a computerised system. By opting to educate and update one’s skills in Sage 50, candidates can prove their ability to potential employers. The Sage 50 online course is suitable for individuals, business entrepreneurs and aspiring students who wish to learn the basics of computerised accounting and invoicing.
  • A detailed working knowledge of Sage 50 can help aspirants gain confidence and help them provide a high standard of accounting services to companies.
  • Candidates from all backgrounds and fields are free to learn the Sage 50 accounting course; it does not require any prerequisite academic qualifications. The only prerequisite condition is a basic working knowledge of numeracy, literacy and IT skills.

This course includes

24/7 Student Support

End of course certification

Lifetime access to your course

Compatible with modern devices

PLUS - Access to the exclusive New Skills Academy Study Group!
  • Understanding the concept of accruals and prepayments;
  • How to set up prepayments and accruals in Sage 50;
  • How to run month end accounts;
  • How to post manual entries in the prepayment journal and the reversal;
  • Understanding fixed assets and depreciation;
  • How to set up a fixed asset record in Sage 50;
  • Three methods of calculating depreciation in Sage 50;
  • How to post a fixed asset record based on hire purchase, and perform asset valuation;
  • How to use the Asset Disposal Wizard and record sale of an asset;
  • What to do if depreciation has been missed for a month;
  • What to do if an asset has been recorded and processed inaccurately;
  • How to re-index supplier and customer addresses;
  • Setting up purchase order defaults in Sage 50;
  • Specifying different options, such as invoice numbering and default invoice format;
  • How to set up and calculate discounts on invoices and purchase orders;
  • How to create purchase orders and edit the item line;
  • How to amend deliveries;
  • How to use the ‘Update ledgers' option for purchase orders;
  • How to cancel, delete or reverse a purchase order;
  • How to memorise and recall a purchase order;
  • How to incorporate stock adjustments using the FIFO or First-in-First-out rule;
  • How to correct an incorrectly entered AI, using the exact method and the average cost price method in Sage 50;
  • How to post stock out, using sales invoices, credits and sales orders;
  • How to maintain stock levels, using the product shortfall and sales order shortfall options.
  • Important reasons why businesses need to incorporate adjustments;
  • Assembly levels and link levels of products and sub-components;
  • How to use the ‘Check bill of material' (BOM) feature to track stock availability;
  • How to check the BOM to which a sub-component belongs, and deleting a BOM;
  • How to create and apply price lists;
  • How to add products to a price list;
  • How to select calculation and recalculation methods for price lists;
  • How to import products into a customer price list;
  • A brief overview of the importance of a pricing strategy.
  • Different types of discounts that can be set up in Sage 50;
  • How to set up a ‘good customer discount';
  • How to set up early settlement and quantity discounts;
  • How to enter sales orders;
  • How to despatch a sales order;
  • How to view and interpret despatch information;
  • How to allocate stocks and complete a sales order;
ID: YDFT67YHJ
certificate

of achievement

This certificate is presented to

Your Name

NSA

For completing the

Sage 50 Accounts Intermediate Diploma

on 21st November 2025

Selena Hurford

Selena Hurford

Course Tutor

cpd

Daniel Morgan

Daniel Morgan

Head of Academy

Certificate Example

Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.

The course is broken down into 10 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

Once you have completed all 10 modules there is a multiple choice test. The questions will be on a range of topics found within the 10 modules. The test, like the course, is online and can be taken a time and location of your choosing.

The pass mark for the test is 70%.

If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.

Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).

You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.

You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.

We estimate that the course will take about 12 hours to complete in total, plus an additional 30 minutes for the end of course test.

Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.

This course was a good introduction to payroll and the content was easy to read and well set out. I would recommend this course to anyone that would like to start out in payroll.

Mark McAuliffe

I wanted a qualification to back up the practical experience I had gained in my last job. I found logging in and navigating the site very easy and I really like the flexibility it gave me; being able to study around my usual working day. The topics were well laid out and explained and I understood well through relevant examples.
The test at the end was straightforward however some rewording of the multiple answers would make it more understandable. But otherwise I'm really happy with this course and I have actually learnt more than I expected.
I would not hesitate to use this company again and have in fact bought another course since.

Jenna Woollon

Helpful tips learned during the course and many fun facts. I will be completing 6 more courses after this one. Such a great learning experience. The knowledge in each package is phenomenal!

Each course is broken down into modules to make it easy to break down the course for short breaks and as soon as you sign back in again it remembers where you left off in your course. How clever!

I would highly recommend this course to anyone looking to brush up their knowledge and skills. Best of luck!
100% Recommended. New Skills Academy is the best!

Dora Christou

I really enjoyed the course. I found it very informative and straightforward.

It provided me with all facts and details about payroll, how to run it smoothly and how to communicate with HMRC. I like the format of the written information, it selects vital facts to remember and highlights the most important information that should be learnt.

Even with all the reading required, it kept me interested during whole course. The exam covers everything that should be learnt during the course and the diploma looks professional. I have learnt a lot. Thank you! I will return for some more courses.

Agata Kwiatkowksa

Would recommend the course to anyone! Considering estate agency as a career gives a clear insight into the role and regulation and was easy to digest. I was able to easily fit this in with my busy work schedule. I was able to complete this course in less than a month which I originally expected to take a lot longer. The course material is really helpful and the assignments help you to identify if you have a clear understanding of what you have read and usually don't take too long to complete. I am now looking into doing a more advance course in estate agency and looking for a trainee position in my local area.

Samantha Giles

Brilliant course. As a busy ,working mum this course gave a chance to change my career but it also gave me a chance to study in my own free time. Very easy wording, education videos, important information you can't find online. The brilliant thing is that even after finishing the course you still can go back to your modules and view the videos again. The help from assistants is great. The minute I contacted them with question they always responded very quickly and professionally.

Monica Carter

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