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Biz central line of accounting business, this guide also covers: Sage 50 Pro Finance, Sage 50 Pro Inventory, and Sage 50 Production Accounting. 1. Introduction {#sec1} =============== The 2^nd^ edition of Sage 50 Accounting Manual (Sage 50 AM) is the new edition of Sage 50 Accounting User Guide (formerly Sage 50 Accounting Reference Guide) and is the largest update to the Sage 50 Accounting Manual since its launch in 2016. The Sage 50 AM covers the most up-to-date changes to Sage 50 versions, covers the latest updates and features in Sage 50 and its partner products, and shares the core strengths of Sage 50 with its partners. The Sage 50 AM was developed for users of all levels in the accounting profession from accounting graduate students to chartered accountants to CPA's. The Sage 50 AM provides a comprehensive reference for all aspects of Sage 50, including common terms and abbreviations, Sage 50 terminology, Sage 50 functions, Sage 50 billable items, Sage 50 billable rates, Sage 50 pricing, Sage 50 optional accounting, Sage 50 processing, Sage 50 finance, Sage 50 inventory, Sage 50 analysis, Sage 50 reporting, Sage 50 analytics, Sage 50 reporting, Sage 50 accounting, and Sage 50 reporting. This Guide is divided into 11 chapters covering the following areas:•Chapter 1.0: General: This chapter covers general topics in Sage 50 including how to access Sage 50, Sage 50 workflow, Sage 50 Finance, Sage 50 Billable Items, Sage 50 Billable Rates, and Sage 50 Pricing.•Chapter 1.1: Accounting Terms: This chapter covers Sage 50 accounting terminology including the name of the table in Sage 50, Sage 50 billable items, Sage 50 billable rates, Sage 50 bookkeeping, Sage 50 Account Types, Sage 50 cost accounting, Sage 50 Contingencies, Sage 50 cost principles, Sage 50 depreciation, Sage 50 journal entries, Sage 50 equity accounting, Sage 50 fixed assets accounting, Sage 50 inventory, Sage 50 ledgers, Sage 50 journals, Sage 50 payables, Sage 50 payables, Sage 50 partnership accounting, Sage 50 reporting, Sage 50 receivables, Sage 50 sales ledger, Sage 50 sales reporting, Sage 50 cash receipts, Sage 50 reconciliations, Sage 50 trial balance, Sage 50 ledger, Sage 50 journal entry, Sage 50 trading account, Sage 50 open ledger, Sage 50 transactions, Sage 50 cycle count, Sage 50 cost principles, Sage
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