Sage 50 Transactions for AC 353 Page 1 of 6

Transcription

1 Double click on the Sage 50 icon from the desktop Ordering and receiving raw materials Change the system date to today. Change the period to the current month. We want to build some rockers. However we do not have any materials in inventory to use. We need to create a purchase order to order wood kits and cushions for 1,000 chairs. Select Vendors & Purchase, then click on the Purchase Orders icon. Chose New Purchase Order. Select Turned Spindles for the vendor and order 1000 wood kits using PO number CR###001 where ### is YOUR three digit SAP login ID. Use today for your order date. Save the P.O. Do the same to purchase 1,000 cushions from Happy Bottoms with Purchase Order CR###002 where ### is your three digit code. Sage 50 Transactions for AC 353 Page 1 of 6

2 Receive Inventory Choose Inventory & Services from the main menu then Receive Inventory and Receive Inventory. Choose Turned Spindles for the Vendor then use the drop down box to find the PO created in the prior step. Sage 50 Transactions for AC 353 Page 2 of 6

3 Enter that you received 1,000 wood kits and were billed on invoice number 567. Save the transaction. Do the same to record the receipt of 1,000 cushions from Happy Bottoms billed on invoice Build Rockers in the Factory Choose Assemblies then Build New Assembly. Choose Rocker WIP for the Item ID and 750 for the quantity. Save the assembly. Sage 50 Transactions for AC 353 Page 3 of 6

4 Run an Item Costing Report. Save the report to an Excel file. Save the Excel file using the filename YourNameTran.xlsx. Close the report and the report menu. Complete 725 rockers Recording Sales Go back to the Build New Assembly screen and build 725 Finished Rocker s. This effectively moves the completed rockers from work in progress to finished goods inventory.. Choose Customers & Sales from the main menu then Quotes and Proposals, New Quote. Sage 50 Transactions for AC 353 Page 4 of 6

5 Record a Sales Quote of 150 finished rockers at $140 each to Sunny Porch Pastimes as quote number Qxxx001 where xxx is your assigned SAP ID number. Save the quote. Use the Sales Orders menu item to record a sales order to Sunny Porch Pastimes for 150 Finished Rockers for $140 each using Sales Order number SOxxxx1115 where xxx is your SAP ID number. Use any number you like for the customer PO number. Use Sales Invoices > New Invoice to create a sales invoice for the 150 Finished Rockers sold and shipped to Sunny Porch Pastimes. Reference the Sales Order above and use Invoice number Ixxx1115 where xxx is your SAP ID number. If you receive a warning about going over credit limit choose OK. Sage 50 Transactions for AC 353 Page 5 of 6

6 Sales without a quote No screen picture. You should be able to do this without one. Create a Sales Order to Stephanie s Designs for 200 Finished Rockers at the wholesale price of $115 each using sales order number SOxxx1116 using today s date. Then create Invoice Ixxx1116 for shipping all 200 using the next day as the date. Ignore any credit warnings as you did above. Print Reports Change the current date to the last date in the current month. Chose Reports and Forms from Top Menu Choose Financial Statements then Balance Sheet. Choose Cash Flow then use RANGE to change the reporting period to the entire 12 months of the current year. Chose <Standard> Income Statement then use Range to change the reporting period to the entire 12 months of the current year. Do not use Income 12 period Chose General Ledger from the main report menu. Generate the report but before exporting, change the period to This Year. Create Balance Sheet then export it to the same Excel workbook you create about with the Items Costing Report. Create the Cash Flow Statement then export it to the same Excel workbook Create the income Statement then export it to the same Excel workbook Generate the report but then choose Options on the report, change the Time Frame to This Year and regenerate the report. Now export it to the same Excel workbook Sage 50 Transactions for AC 353 Page 6 of 6