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 creating your bank accounts, when is it useful to put the account number in the description?Group of answer choicesA. When your company has one bank account with the same bankB. When your company has no bank account with any bankC. When your company has more than one bank account with the same bankD. When your company has more than one bank account with the different banks

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

Once you have successfully created your company in Sage 50c Pastel Partner, your next major task, as a senior computerized bookkeeper of FNC Bank is to set up your company’s parameters using the Auto Setup Assistant.When setting up Entry Types in Sage 50c Pastel Partner, one of the options given is “No”. What do you use this option for? Group of answer choicesA. Entry type numberB. General ledger account numberC. Cashbook numberD. Home or foreign currency

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 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

You are employed as a senior computerized bookkeeper of FNC bank; and your company has decided to change its computerized accounting system to Sage 50c Pastel Partner. However, your supervisor is not certain if the current computer hardware and software package complies with the requirements for installing and running Sage 50c Pastel Partner effectively and efficiently. He has assigned you to investigate this issue and a host of other installation issues and come up with recommendations.What does RAM stand for?Group of answer choicesA. Read only memoryB. Random access memoryC. Reduced access memoryD. Readily accessible memory