COMING AUGUST 15TH 2025!
Unlock the full potential of Sage 50 with Learning Sage 50 Accounting 2025—the ultimate guide for students aiming to confidently master this industry-leading software. Packed with clear, step-by-step instructions for every module of Sage 50 Premium Accounting, this powerful resource is designed to build real-world skills in transaction processing and business problem-solving. From everyday entries to complex scenarios, students engage with all types of transactions using real-life documents and case studies.
Each chapter mirrors a specific module in the software, making it easy to follow along, maximize learning, and return to as a valuable reference throughout your accounting journey.
Our step-by-step instructions use all features in the following Sage 50 modules:
COMPANY
RECEIVABLES
PAYABLES
EMPLOYEES & PAYROLL
INVENTORY & SERVICES
PROJECTS
Also covered: Month-End and Year-End Processing, Project Costing, Account Reconciliation, and Foreign Currency.
To reflect current accounting practices, the book uses perpetual inventory systems to reflect present-day business practices and trends. Comprehensive material to support understanding of periodic inventory is available online along with data files, interactive slideshows, “how to” appendices, review questions, a glossary of key terms and much more!
STUDENT RESOURCES
Chapter Exercises – Real-life scenarios with step-by-step instructions in an easy-to-follow format.
Interactive Slideshows – Students can reinforce learning of chapter exercises prior to completing the Challenge Exercises.
Challenge Exercises – Hands-on exercises include transactions for each province and 20 perpetual inventory cases
Online Appendices – Additional information on a variety of topics useful throughout the course and as an on-the-job reference
INSTRUCTOR RESOURCES
Instructor’s Manual
Chapter Exercise Solutions
Additional Case Studies and Solutions
Test Banks
PowerPoint Slides with quizzing
Data Files
Online Appendices
PRINT
GETTING STARTED: Sage 50 Premium Accounting Student Installation Instructions
Chapter 1 COMPANY Module including General Journal
Chapter 2A RECEIVABLES Module–Basics
Chapter 2B RECEIVABLES Module–Beyond Basics
Chapter 3A PAYABLES Module–Basics
Chapter 3B PAYABLES Module–Beyond Basics
Chapter 4A Setting Up a New Company
Chapter 4B INVENTORY & SERVICE Module
Chapter 5 INVENTORY & SERVICE Module–Setup and Transaction Review of G/L, A/P, A/R
Chapter 6 EMPLOYEE & PAYROLL Module–Setup and Processing
Chapter 7A Month & Year-End Processing
Chapter 7B Year-End Closing
Chapter 8 PROJECTS Module–Setup and Transactions
Chapter 9 The BANKING Module–Reconciliation & Deposits
ONLINE
Chapter 10 Correcting Transaction Errors After Posting
Chapter 11 Foreign Currency
Appendices
Assignment 1 Review of Company, Payable and Receivable Module (Sarah's Kitchen Stores)
Assignment 2 Company, Payable and Receivables: Setup and Transactions (Shirts and Ties)
Deepak Sharma is the Managing Director/Co-founder of DSharma CPA Professional corporation and a professor at Humber college. Deepak’s academic background includes a B. Comm with a major in accounting, an MBA, and a CPA, CGA designation. Deepak’s 15 years of diverse experience working in industry and 10 years of teaching experience have helped him bring forward new techniques to help students and his clients. He brings his experiences and techniques to continuously improve the textbook not only to help students and professors to make the textbook a great resource to learning, but also connect students with real life examples that they will face in the industry working as accountants.
Kerri Simich is a full-time professor at Niagara College and has been since 2011. She is currently the coordinator for the Accounting Programs at the college. Kerri’s academic background includes a degree in Accounting Science from the University of Calgary, an MBA from Laurentian University, and an Accounting Business Administration Diploma and a Teaching Adults Certificate from Niagara College. Kerri holds a CPA, CGA designation and served as a CEDP (College Educator Development Program) Facilitator for five years. She is also the Faculty Advisor for the Niagara College Accounting Association; a student-focused club. As an accountant, Kerri believes that professional development is key to success and she strives to be on top of changes, challenges, and patterns in the field. Prior to becoming a professor, Kerri worked in both the private and public sectors in accounting.
