Peachtree (Sage 50) Accounting Software Training

Course Overview

Peachtree, now known as Sage 50, is one of the most widely used accounting software solutions for small and medium-sized businesses worldwide. At Mercury Edutech Academy, our Peachtree Training Program is designed to provide students and professionals with hands-on, practical knowledge of accounting and business operations through Sage 50.

This course covers everything from basic setup to advanced financial management, ensuring learners gain the confidence to handle real-world accounting tasks with precision.

Module 1: Introduction to Peachtree (Sage 50)

• Overview of Peachtree software and versions
• Installing and navigating the software
• Understanding features and interface

Module 2: Company Setup

• Creating a new company profile
• Entering company details (fiscal year, chart of accounts, currency settings)
• Setting up users and access rights

Module 3: Chart of Accounts

• Creating, modifying, and managing accounts
• Grouping accounts for reporting
• Import/export chart of accounts

Module 4: General Ledger & Journal Entries

• Recording manual journal entries
• Adjusting entries
• Trial Balance preparation and review

Module 5: Accounts Receivable (AR)

• Customer setup and management
• Creating invoices, sales orders, and quotes
• Receiving payments and credit notes
• AR reports (aging, customer statements, etc.)

Module 6: Accounts Payable (AP)

• Vendor setup and management
• Entering purchase orders and supplier invoices
• Recording payments and debit notes
• AP reports (aging, vendor statements, etc.)

Module 7: Inventory Management

• Creating and managing inventory items
• Recording stock adjustments
• Generating inventory reports
• Linking sales and purchase transactions with inventory

Module 8: Payroll Management

• Setting up employee profiles
• Payroll calculation and processing
• Deductions, benefits, and tax compliance
• Payroll reporting

Module 9: Banking & Reconciliation

• Managing bank accounts in Peachtree
• Recording deposits and withdrawals
• Bank reconciliation process

Module 10: Budgeting & Forecasting

• Creating budgets in Peachtree
• Analyzing variances
• Financial forecasting tools

Module 11: Reporting & Analysis

• Standard reports (P&L, Balance Sheet, Cash Flow)
• Customizing and exporting reports
• Business analytics with Sage 50

Module 12: Year-End Processing

• Closing fiscal year
• Archiving company data
• Preparing year-end reports for audit/tax filing