This course equips delegates with integrated accounting and system skills for managing revenue recognition and expenditure using Sage ERP solutions. It combines accounting standards, business processes, and hands-on Sage system application, ensuring compliance with International Financial Reporting Standards (IFRS) while strengthening financial control and reporting capabilities.

Expected Training Outcomes

By the end of this course delegates will have hands on skills on;

• Apply revenue recognition principles within Sage
• Configure and manage revenue recognition workflows
• Control and process expenditures from requisition to payment
• Integrate revenue and expenditure data with the general ledger
• Produce accurate financial and compliance reports
• Apply best practices in internal controls and audit readiness

Training Modules

Introduction to Sage Financial Management

• Overview of Sage ERP ecosystem
• Financial modules integration
• Chart of accounts and dimensions
• User roles and security controls

Foundations of Integrated Accounting

• Role of integrated accounting systems
• Overview of Sage ERP architecture
• Chart of accounts, dimensions, and controls
• Financial data flow across modules

Revenue Recognition Principles

• Revenue recognition framework
• International Financial Reporting Standards (IFRS)
• Identifying performance obligations
• Transaction price allocation
• Timing of revenue recognition

Sage Revenue Recognition Configuration

• Revenue recognition module overview
• Setting up revenue accounts and rules
• Deferred revenue and contract liabilities
• Recognition methods and schedules
• Automation and controls

Revenue Transactions and Contract Management

• Customer contracts and billing
• Multiple-element and subscription contracts
• Contract modifications and renewals
• Revenue adjustments and reversals
• Integration with AR and GL

Revenue Recognition Processing and Reporting

• Revenue recognition runs
• Period-end processing
• Deferred revenue roll-forward
• Revenue analytics and dashboards
• Compliance and audit trails

Expenditure Management Fundamentals

• Procure-to-pay lifecycle
• Expense vs capital expenditure
• Budgeting and cost control
• Internal control principles

Sage Expenditure and AP Configuration

• Vendor and supplier setup
• Expense categories and policies
• Approval workflows and segregation of duties
• Tax configuration (VAT, GST, withholding)

Purchasing and Accounts Payable Processing

• Requisitions and purchase orders
• Receiving and invoice matching
• Vendor invoices, credits, and accruals
• Payment processing and reconciliations

Employee Expense Management

• Expense claims and reimbursements
• Policy enforcement and approvals
• Corporate cards and integrations
• Fraud prevention and compliance

Integrated Financial Reporting and Analysis

• Revenue and expenditure reporting
• Budget vs actual analysis
• GL reconciliation and drill-down
• KPIs and management dashboards

Way forward After the Training

Participants will develop a work plan through the help of facilitators that stipulates application of skills acquired in improving their organizations. ASPM will monitor implementation progress after the training.

Training Evaluation

Participants will undertake a simple assessment before the training to gauge knowledge and skills and another assessment will be done after the training in-order to demonstrate knowledge gained through the training.

Course Booking

Please use the "Book Now" or "Inquire" buttons on this page to reserve your space or request more information.