SAGE 50 EXAM SCRIPT 2026 TESTED
QUESTIONS AND ANSWERS GUARANTEED TO
PASS
◉ what are the two different types of Advice . Answer: management
reports-defult advice type. those reports pertain specifically to the data
that is in the use at the time.
General Advice- select this type of data to veiw a list of topics pertaining
to general accounting
◉ what is sage 50's default accounting basis? . Answer: accrual- basis
accounting
◉ where do you enter information about your company when creating a
new company . Answer: in the new company setup wizard
◉ who is able to add additional users and control what data each user is
able to display or change . Answer: system administer or sysadmin
◉ what is the purpose of the company file check & Repair tool .
Answer: fix errors
,◉ through which ledger do all your transactions flow . Answer: general
ledger
◉ in which window do you add the credit cards used and accepted by
your company . Answer: in the settings window
◉ what types of transactions are entered in the General Journal .
Answer: the general journal is used to record transactions that cannot be
recored in another module
◉ can you adjust a posted journal entry . Answer: yes in the general
journal window
◉ why is it a good idea to add customers to the Recievables ledger .
Answer: allows you to keep track of sales made and payments received
◉ where are invoices entered that were outstanding prior to using sage
50? . Answer: on the historical transactions tab of the receivables ledger
window
◉ where can you find the merge records command . Answer: on the
maintenance menu
, ◉ where do you enter information about a sale when there is no previous
order . Answer: directly into the sales journal - creating an invoice
window
◉ what does the receipts journal window resemble . Answer: a receipt
with the details of the receipt outlined underneath
◉ how do you enter a deposit in the receipts journal window . Answer:
in the receipts journal window select "Enter customer deposits box" on
the tool bar. When enter customer deposits is selected, the window
changes in include a deposit is selected, the window changes to include a
deposit reference number box and a deposit amount box
◉ how do you recall a sales quote . Answer: select find quote on the
sales quotes menu and then select the quote in the select order or quote
window. You can also open this window by selecting the search icon
beside the quote no. box in the sales journal - creating a quote window
◉ to what can you convert a sales quote . Answer: a sales order or sales
invoice
◉ do sales orders affect the company's books? . Answer: no b/c the sales
transactions has not yet been completed
QUESTIONS AND ANSWERS GUARANTEED TO
PASS
◉ what are the two different types of Advice . Answer: management
reports-defult advice type. those reports pertain specifically to the data
that is in the use at the time.
General Advice- select this type of data to veiw a list of topics pertaining
to general accounting
◉ what is sage 50's default accounting basis? . Answer: accrual- basis
accounting
◉ where do you enter information about your company when creating a
new company . Answer: in the new company setup wizard
◉ who is able to add additional users and control what data each user is
able to display or change . Answer: system administer or sysadmin
◉ what is the purpose of the company file check & Repair tool .
Answer: fix errors
,◉ through which ledger do all your transactions flow . Answer: general
ledger
◉ in which window do you add the credit cards used and accepted by
your company . Answer: in the settings window
◉ what types of transactions are entered in the General Journal .
Answer: the general journal is used to record transactions that cannot be
recored in another module
◉ can you adjust a posted journal entry . Answer: yes in the general
journal window
◉ why is it a good idea to add customers to the Recievables ledger .
Answer: allows you to keep track of sales made and payments received
◉ where are invoices entered that were outstanding prior to using sage
50? . Answer: on the historical transactions tab of the receivables ledger
window
◉ where can you find the merge records command . Answer: on the
maintenance menu
, ◉ where do you enter information about a sale when there is no previous
order . Answer: directly into the sales journal - creating an invoice
window
◉ what does the receipts journal window resemble . Answer: a receipt
with the details of the receipt outlined underneath
◉ how do you enter a deposit in the receipts journal window . Answer:
in the receipts journal window select "Enter customer deposits box" on
the tool bar. When enter customer deposits is selected, the window
changes in include a deposit is selected, the window changes to include a
deposit reference number box and a deposit amount box
◉ how do you recall a sales quote . Answer: select find quote on the
sales quotes menu and then select the quote in the select order or quote
window. You can also open this window by selecting the search icon
beside the quote no. box in the sales journal - creating a quote window
◉ to what can you convert a sales quote . Answer: a sales order or sales
invoice
◉ do sales orders affect the company's books? . Answer: no b/c the sales
transactions has not yet been completed
