When you are working in Sage 50c Pastel Partner viewing records, from time to time you will need to view a number of reports. Examples of reports you will often need to view, as the senior computerized bookkeeper of FNC Bank, are periodic financial reports in the General Ledger, periodic Customer reports and reprint documents, periodic Supplier reports and reprint documents, and periodic Inventory reports. When you are viewing records in Sage 50c Pastel Partner, which of the following reports will show the total value of your inventory?Group of answer choicesA. Inventory valuation reportB. Inventory activity summary reportC. Inventory Age Analysis reportD. Inventory Sales by item report

The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are working in Sage 50c Pastel Partner creating supplier accounts, you are required to capture the “”Normal Terms” offered by  every supplier. Which of the following is part of the “Normal Terms” tab?Group of answer choicesA. 45 daysB. CurrentC. 72 daysD. 21 days

As a senior bookkeeper of FNC Bank, you will frequently need to process various items in Sage 50c Pastel Partner. Examples of items that you will need to process frequently are suppliers, customers, Cash Book & Petty cash entries and Journals.What are you always required to do before reconciling your cash book?Group of answer choicesA. Backup your dataB. Update your dataC. Check the data for errorsD. Unblock your data

The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are creating supplier accounts in Sage 50c Pastel Partner you are required to specify the document printing option you are going to use for every supplier. Which of the following is not part of the document printing tab?Group of answer choicesA. Print documentB. Email Purchase orderC. Fax documentD. Print document and email purchase order

As a senior computerized bookkeeper of FNC Bank, one of the major tasks you are required to perform after successfully installing your Sage 50c Pastel Partner and mastering the navigation skills, is to create your company onto the software. First you will need to gather all the information required prior to creating your company and then use the Setup Assistant to create your company.When you are processing debtors in Sage 50c Pastel Partner, you have two options, which are:  Open Item and Balance Forward. What is the implication of selecting Open Item over Balance Forward?Group of answer choicesA. With Balance Forward, you can choose between day–based and monthly termsB. With Open item, you simply enter a payment and Pastel approximates the ageingC. With Open Item, you can choose between day–based and monthly termsD. With Balance Forward, you allocate payments to one or more invoices and it gives accurate ageing

When you are working in Sage 50c Pastel Partner processing records, you are bound to make errors from time to time. Examples of errors that you can make are payment misallocations and mistakes on scheduled invoices. As the senior computerised bookkeeper of FNC Bank, you will need to correct these errors. You will also need to take on balances.When you are working in Sage 50c Pastel Partner processing records, which of the following lets you control how the project code field defaults on new lines?Group of answer choicesA. Repeat projectsB. Repeat DescriptionsC. Invoke open itemD. Show Balloon Tip