Hello Champ540,

Thanks for reaching out. See the article:

We also have a video on how to Create and Modify your Chart of Accounts

Our free Quickstart Anytime Learning course is available as well.

How to access this training?
Log onto www.sageu.com for access.
 
If you are new to Sage University, you will be required to create your profile as follows:
 1. Click the select your product link, then click the link for the product
 2. Click the create your profile link on the upper left side of the page
 3. Enter in all the information, including:
  a. Sage account number: this ties any active Sage service plans to this profile. If unknown, type don’t know. If no account number yet, type NA
  b.  Company name: if no company name, put first and last name
  c. Country: to select click on the arrow to the right
  d. New password / confirm password: enter in a desired password 6 – 20 characters’ long
 4. Click the Login button at the bottom of the screen
 
If you are a Current customer you need to logon to Sage University using your login details.
 
On the main landing page on Sage University under Get started, there will be a link called Level 1: Learn the Basics. Click on the link and follow the instructions to load the free training onto your profile.
 
Should you require more information on this training, please do not hesitate to contact Sage University at [email protected] (Direct Dial: 1-855-724-3864).
By creating your profile you have access to all online courses (some only available by purchase by contacting Sage 50 CA sales at 1-888-261-9610) and the calendar listing of all classroom training.

Training courses are designed to help customers use Sage software to its full potential. See our Customer Training Catalogue. Printed Training manuals or Study guides can now also be purchased in EN or FR, Order your training guide.

Hope this helps!
Erzsi

Champ540 said:

in the list of accounts I see Visa payable but no Mastercard Payable, so I went to add that and it is asking me for the an account number, but I have no idea what to number it as.

I think you can just change the names in the G/L account and Credit Card, then start recording entries.

Champ540 said:

On a different note was I wrong in thinking I could use Sage 50 by myself (not an accountant or bookkeeper) or is it really meant to be used by people with some sort of accounting training?

Not wrong to think that!  Many, if not most, small businesses make use of a professional accountant or a trained bookkeeper to set up their business and accounting systems and help them with filing tax returns. 

Champ540 said:

I find it very frustrating for a just a simple high school graduate like my self!

When you're starting out, there is a lot of setup to do, and it can be time consuming.   Once you have the credit card set up, for instance, you probably won't have to do it again unless / until you change accounts. 

Thank you for the help, I'm now going to try and find an accountant in my area who uses Sage 50. I'm a small used car dealer in Colborne, ON if anybody reading this has any referrals.