Home / Non-Accredited / Finance / Sage Pastel Introduction to Bookkeeping Fundamentals (2 days)
Quick Look Course Summary:Sage Pastel Introduction to Bookkeeping Fundamentals (2 days)
-
Length: 2 day(s)
-
Price (at your venue): 1 Person R 14,642 EX VAT 3 Person R 9,476 EX VAT 10 Person R 6,474 EX VAT
-
Certification Type:Non-Accredited
-
Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.
Get Free & personalised
Training Advice
Sage Pastel Introduction to Bookkeeping Fundamentals (2 days)
Bookkeepers who understand the transactions behind every Sage Pastel screen, so the system's figures are right from the first month.
Accounting software is only as good as the bookkeeping behind it. When staff do not understand the journals, the VAT categories or the trial balance, a new Sage Pastel system simply produces wrong figures faster. This two-day Sage Pastel bookkeeping course refreshes the bookkeeping principles the software relies on, before delegates start processing in it.
Day one covers the accounting cycle and the accounting equation, the types of business entity in South Africa, VAT (categories, calculations, mark-up and gross margin, and the VAT201 return), source documents, and inventory systems and costing methods. Day two works through the subsidiary journals – cash receipts, cash payments, petty cash, debtors, creditors and the general journal – then posting to the general ledger, the trial balance, the statement of income, the statement of financial position and the bank reconciliation. Each topic is linked to where it appears in Sage 50cloud Pastel, so the move to the software course is straightforward.
It is the first step in BOTI's Sage Pastel path, followed by the Partner or Xpress software course.
Why this course
For your organisation
- Cleaner data in Sage Pastel from the first month
- Fewer VAT errors and corrections on the VAT201
- A smoother switch to, or implementation of, Sage Pastel
- Staff who can explain the figures to your accountant or auditor
For your delegates
- A bookkeeping refresher focused on what Sage Pastel needs
- Confident VAT calculations, including mark-up and gross margin
- Practice with South African source documents and journals
- A clear view of how journals flow to the trial balance and statements
What delegates will be able to do
- Describe the accounting cycle and the accounting equation
- Explain the VAT categories and calculate VAT, mark-up and gross margin correctly
- Prepare the figures needed for a VAT201 return
- Identify the source document for each type of transaction and record it in the right journal
- Apply perpetual and periodic inventory systems and the main costing methods
- Post the subsidiary journals to the general ledger and close off ledger accounts
- Draw up a trial balance, statement of income and statement of financial position
- Complete a bank reconciliation
Who should attend
Bookkeepers and finance clerks who already have some bookkeeping knowledge and are switching to Sage Pastel, staff in companies implementing Sage Pastel, and administrators who will capture transactions in the system. Complete beginners should start with the Basic Bookkeeping Course or the five-day Sage Pastel Partner Bundle.
Course outline
Day 1 – Bookkeeping, VAT and source documents
Introduction to bookkeeping
- Types of business entity in South Africa
- Bookkeeping versus accounting
- The accounting cycle
- The accounting equation
- Transactions and accounts
Value-added tax
- How VAT works and who must register
- Standard-rated, zero-rated and exempt supplies
- Processing and calculating VAT
- Mark-up, gross margin and VAT
- Completing the VAT201 return
Source documents
- Receipts and deposit slips
- Tax invoices, credit notes and returns
- Petty cash vouchers
- Electronic payment records and bank statements
- What makes a valid tax invoice
Inventory
- Perpetual and periodic inventory systems
- Costing methods: FIFO, weighted average and specific identification
- How the costing method changes cost of sales and profit
Day 2 – Journals, ledger and financial statements
Subsidiary journals
- Cash receipts and cash payments journals
- Petty cash journal
- Creditors journal and creditors allowances
- Debtors journal and debtors allowances
- The general journal
- Reconciling the journals
The general ledger
- Sections of the general ledger
- Posting from the journals
- Closing off ledger accounts
Trial balance and financial statements
- Posting from the general ledger to the trial balance
- Integrated inventory in the trial balance
- Preparing the statement of income
- Preparing the statement of financial position
Bank reconciliation
- Why the bank statement and the cash book differ
- The bank reconciliation process step by step
- Practice reconciliation
Bridging to Sage Pastel
- Where each journal and report sits in Sage 50cloud Pastel
- What to prepare before a company goes live
- Choosing the next course
How it is delivered
Two days, 08:30-16:00. In person at your offices anywhere in South Africa, at a BOTI venue, or live online. One delegate or a group of up to 20. Workbook and practice documents included; the course is mostly exercise-based, and laptops with the software can be supplied on request for the bridging session. We deliver it at your offices in Johannesburg, Pretoria, Durban, Cape Town and anywhere else in South Africa, at a BOTI venue in Johannesburg, or live online for teams in different places.
What our clients say
“All training sessions were well-coordinated, professionally delivered, and aligned with our scheduling requirements. We value the partnership and look forward to continued collaboration with Business Optimization Training Institute in the future.”
“All training programmes were delivered in a highly professional manner, with effective coordination and strict adherence to our scheduling requirements. The facilitators demonstrated a commendable level of expertise, and the quality of delivery consistently met our expectations.”
“The course was efficiently scheduled and planned around our timetable. We were impressed by the quality of training”
Frequently asked questions
Can you run this course at our offices?
Yes. Most groups are trained at the client's premises anywhere in South Africa; we can also host it at a BOTI venue or deliver it live online.
Is this official Sage training?
No. BOTI is an independent training provider, not a Sage training partner. The course teaches bookkeeping for Sage Pastel users, and delegates receive a BOTI certificate of attendance.
Do we need Sage Pastel installed?
Not for most of the course – it focuses on the bookkeeping principles behind the software. The follow-on Partner and Xpress courses are hands-on in the software.
Which course comes next?
The four-day Partner Intermediate course for businesses on Sage Pastel Partner, or the three-day Xpress course for smaller businesses on Sage Pastel Xpress. The five-day Partner Bundle combines bookkeeping and the software in one booking.
Is it accredited?
No – it is a non-accredited short course and delegates receive a BOTI certificate of attendance.
How many people can attend?
From one delegate to groups of about 20. The price per delegate drops as the group grows – see the price table, or ask us for a quote.
Related courses
Get your price – the more delegates, the less each pays
Change the options to see your price per person, then email yourself the quote and course outline.
Contact us now – we reply within 15 minutes during office hours
Monday to Friday, 08:00–17:00. After hours, we reply on the next working day – or call 011 882 8853.