June 2015
Beginner
400 pages
8h 47m
English
Content preview from Sage 50 Accounts For Dummies, 3rd UK Edition
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Chapter 3
Setting Up Records
In This Chapter
- Choosing a quick start or step-by-step process
- Setting up records for customers and suppliers
- Registering your bank accounts
- Accounting for your products
- Depreciating your fixed assets
After you install your Sage software, you quickly realise that the hard work is only just beginning. You now have to create the records necessary to operate your accounting system, including records for your customers, suppliers, and existing bank accounts. Depending on your business, you may also need to set up stock and project records. In this chapter I tell you how to do these things.
Choosing How to Create Your Records
Setting up records may seem a daunting task, but Sage provides at least two ways of doing things. You can use the quick way, which uses the New icon within the relevant module, or you can use the step-by-step way, which uses the Wizard icon. If you like the belt and braces approach, click the Wizard icon, as the wizard helps you complete each section of the record thoroughly. If you're a bit of a speed freak and want to get on with things as quickly as possible, and you don't mind leaving a few less important data fields blank (you can always update them later), choose the quick start option. I always use the quick start method, as my time is invariably of the essence.
Getting a quick start using the New icon
If you want a quick start, find the module you want to create a new record for and click the New icon. This opens up a new blank ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.