Course Contents

I. Introduction

II. Course objective and learning outcome

III. Setting SAGE 100

III.1. Installation of a given accounting software

III.2. Creating an accounting data base

III.3. Creating the accounts in the data base

III.3.1.main accounts (chart of accounts)

        III.3.2.Mini accounts (S/P accounts) 

        III.3.3.Reporting accounts

        III.3.4.Cost charts accounts

        III.3.5.Journals

IV. Recording financial transactions (Data entry)

IV.1.Opening Balance journal

IV.2.Purchase journal

IV.3.Sales journal

IV.4.Other operation Journal

IV.5.Cash journal

IV.6.Bank journal

V. Budget plan

VI. Retrieving different financial reports and printing them

VI. Protecting of an accounting data base

 

I. Introduction

·         Accounting is the process of recording and classifying financial transactions in the books, summarizing and communicating financial information through production of financial statement/reports and interpretation of the operating results portrayed in financial statements/reports to facilitate decision making (Omunuk, 1999).

·         Accounting is a process of collecting, summarizing, analyzing and reporting in monetary terms, information about the business.

•      Accounting is done manually where the accountant keeps different books of account or can be computerized where the accounting software is installed into a computer and the books of account are managed in the computer.

•      Accounting software is a computer program that assists bookkeepers and accountants in recording, processing and reporting the financial transactions of a given firm. The computerised accounting uses the concept of databases. For this purpose an accounting software is used to implement a computerised accounting system. It does away the necessity to create and maintain journals, ledgers, etc., which are essential part of manual accounting.

•      Accounting is done manually where the accountant keeps different books of account or can be computerized where the accounting software is installed into a computer and the books of account are managed in the computer.

•      Accounting software is a computer program that assists bookkeepers and accountants in recording, processing and reporting the financial transactions of a given firm. The computerised accounting uses the concept of databases. For this purpose an accounting software is used to implement a computerised accounting system. It does away the necessity to create and maintain journals, ledgers, etc., which are essential part of manual accounting.

•      Some of the commonly used accounting softwares are SAGE Ligne 100, Quickbooks,...etc. Accounting software is used to implement a computerised accounting. The computerised accounting is based on the concept of database. It is basic software which allows access to the data contained in the data base. It is a system to manage collection of data insuring at the same time that it remains reliable and confidential.

II. Course objectives and its learning outcome

At the end of the course, the students will be able:

•      To set SAGE 100

•      To create an accounting data base

•      To create the main accounts, mini accounts, reporting accounts, cost charts, and journals in the data base

•      To record financial transactions (Data entry)

•      To retrieve different repots

•      To print reports

•      To protect an accounting data base