Bookkeeping and using Accounting Software

Beginner
Online Classes
Total 12 hours in class

Multi-Day Course
1-6 learners per class

Requirements

No prior knowledge is needed.

Class Details

This course teaches basic principles of book-keeping and covers manual bookkeeping techniques while learning to use an online cloud accounting software. The course is invaluable for anyone wishing to computerise their accounts, or who needs to use a computerised accounts package and does not have any previous accounts experience or formal training in accounts and finance.

Course Outline

Introduction
- Understanding difference between manual and computerised accounts
- Chart of Accounts
- Coding Accounts
Sales Ledger
- Setting up customer accounts
- Making amendments to record
- Entering Sales Invoices
- Entering Credit Notes
- Preparing customer statements
Purchase Ledger
- Setting up supplier accounts
- Making amendments to record
- Entering purchases invoices
- Entering Credit Notes
- Preparing remittance advice notes
Bank and Credit Card Transactions
- Recording sales receipts
- Recording expenses receipts
- Entering supplier payments
- Bank reconciliation
Nominal Ledger
- Setting up nominal accounts
- Correcting errors
- Journal entries
VAT
- Understand the implication of being VAT registered
- Understand the difference between standard and cash accounting for VAT
- Understand VAT return
- Preparing VAT return
Reports
- Aged creditor analysis
- Aged debtor analysis
- Trial Balance
- Profit and Loss account
- Monthly management account

Tutors

Ataur Rahman

Chartered Certified Accountant and Teacher with ACCA

Ataur is a Chartered Certified Accountant and has experience in Bookkeeping, QuickBooks, Xero, Payroll, Financial reporting and financial statement an...
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