Sage Accounting is the most critical part of any successful business. It tells you the state of the industry in numbers. It offers the most vital information you need to understand how your business grows, makes money. If you cannot understand the basic principles of accounting, you are unable to run a business, not even you hope to help a business in profit and growth.
If you are working in a company and currently managing any aspect of the company, or if you want to move up to management, then you need to understand the basics of accounting. If you are an entrepreneur, or if you are planning to start your own business, you have to understand the basic principles of accounting, at the very least.
This course is going to help you understand the basic principles of accounting so that you can read and understand the three primary financial reports of a company which are the income statement, the cash flow statement and the balance sheet. Moreover, have the skills and understand the basic accounting equation and how to factor in debts, credits, taxes and inventory, which can help you to make the right decisions to increase your company's profit and wealth.
In Sage accounting course, we take everything in baby-steps and teach you from the basic level. We understand how enhance your skills so in this course we assume you know nothing about accounting or any accounting terms. We strive to explain all accounting concepts in everyday language, using real-life examples wherever possible. Also, we've set up the course so that you need to master all concepts in any given lesson before you can complete the experience and move on. As such, this course built incrementally. You need to understand each previous expertise fully to understand the concepts covered in later lessons.
Learning Sage Accounting is like any new skill. There is a learning curve, and the profession needs to be effective. If you are working in any organization and have access to your organization’s financial statements, it is advice to take the time to apply our examples to your organization's financials. If you are a business owner, an entrepreneur, or plan to start your own business, use our examples in this course, using your own business vital assets.
Some people have god gifted skills and some need to develop those skills so who are born as right-brain tends to be better at creative, imaginative, passionate activities. Then there are those of us who naturally adept skills at working with numbers, analytically solving problems and applying logical reasoning.
This course covers the basics of accounting with the beginners in mind. Sage Accounting is more than just learning procedures and terms; it's a whole new way of thinking about finances. In this course we assumes students have no prior knowledge and experience in finance or accounting, so we deliver lessons with real life examples to build accounting skills. Specifically, this course addresses accounting terminology, expenses, revenue, net income, debits, credits, and the accounting equation, the accounting structure, balancing the accounting formula, the accounting cycle, the trial balance and more. The course also guides students to learn how to read financial statements correctly, and how to grab meaningful information from the income statements, balance sheet and cash flow statement.
After completing the sage accounting course, you will have a complete understanding of accounting in today's world. With the help of the concepts learned in this course, you will understand the processes behind Accounts Receivable and Accounts Payable, you will understand how and why financial transactions need to document, you will understand what cash flow is and how to improve it, and you will know what profit is, how it's interpreted, and what influences in its growth. Also you will know where the money in the company you work for, or own, goes. Learn to account now and achieve a skill that is an invaluable (if not required) asset to your professional development.