Practical Accountancy Training on Sage 50 QuickBooks and Excel

KBM Training and Recruitment provides high-quality Practical Accountancy Training in partnership with KBM Chartered Certified Accountants. You will gain hands-on practical training on various software such as Sage, QuickBooks, Excel, Xero, and Payroll with Work Experience Reference.

We are also a recruitment firm and help each candidate prepare a professional CV. We add work experience to the CV to boost employability. We arrange interviews with employers and prepare our candidates before each interview. We also provide references to potential employers to place our candidates in jobs. In 2023 we successfully placed more than 1600 candidates in accountancy jobs.

1. The Price Advertised is Per Software

   1. Train now later options available (Applicable on the full program)
   2. Flexible Payment Options Available (Applicable on the full program)

   Discounted offer depends on course content, delivery method, and number of software covered

   A 50% discount is only applicable as a full bundle of 5 software, Sage 50, QuickBooks, Excel, Xero, and Sage Payroll.

   £995 full course price. Bookkeeping and Payroll training includes 5 software (£199 x 5)

Certificate of completion

Digital certificate - Included

Certificate of completion

Hard copy certificate - Included

Official Sage, QuickBooks and Xero Certifications

Digital certificate - Included

• Course Leaflet - > download

Practical Accountancy Training is delivered under the supervision of qualified Accountants.

We do understand that there is a gap in the theoretical knowledge and actual work you have to do in your job role. That is why the employers are seeking employees with Work Experience.

We will help you in bridging the gap by giving you practical work experience on client files from different industries. Course duration and price depends on the contents and number of software chosen by the candidate.

Bookkeeping, VAT & HMRC Reporting (Sage 50, QuickBooks and Xero)

• Setting up companies using various VAT schemes, i.e Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
• Choosing the chart of accounts that suits the firm's needs and its customisation
• Understanding how double entry is applied in accounting software and how to customise the nominal ledger and nominal codes
• Setting up customers’ accounts and processing sales invoices
• Setting up suppliers accounts and processing purchase invoices
• Generating customer/supplier invoice reports
• Generating customer/supplier statements
• Generating aged debtors and aged creditors reports
• Understanding CIS deductions and processing invoice containing CIS element
• Understanding reverse charge and processing invoice containing reverse charge element
• Identifying errors and performing error corrections
• Allocating cash payments and receipts
• Allocating bank payments and receipts
• Performing bank reconciliation / petty cash reconciliation
• Calculating VAT for businesses with mixed zero-rated and standard-rated sales combining Sage and Excel
• Preparing the VAT return
• Reconciling the VAT return
• Submitting the VAT return to HMRC
• Dealing with HMRC queries
• VAT registration and deregistration process
• Rules regarding Cash VAT and Flat Rate VAT scheme
• Deeper understanding of Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme and VAT Retail Scheme
• VAT deadlines and penalties

Accounts Assistant Practical Training (Sage 50, QuickBooks and Xero)

• Treatment of opening balances
• Foreign currency invoices
• Treatment of different types of discounts on invoices
• Reconciliation of debtors and creditors control accounts
• Generating aged debtors and aged creditors reports for credit control purposes
• Reconciliation of VAT, PAYE and Wages control accounts
• Posting month end adjustments and journals
• Understanding accruals and processing the journal entry
• Understanding prepayments and processing the journal entry
• Maintaining fixed asset register of the organisation
• Writing off fixed assets
• Calculating depreciation using different methods
• Understanding gains and losses on disposals of assets
• Suspense account reconciliation
• Director’s loan account
• Loan amortisation account
• Treatment of dividends
• Preparing VAT using Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
• Preparing closing entries
• Preparing the Final Trial Balance
• Monthly management accounts
• Running the year end procedures in Sage 50 Accounts to close the financial year and start a new financial year

Payroll Processing and HMRC Reporting (Sage Payroll 50)

• Understanding UK legislation relating to Payroll
• Registering as an employer
• Understanding Pay as you earn (PAYE) system
• NIC classes and rate
• Income tax bands and rates
• Adding employees into payroll software
• Creating pay elements
• Understanding year to date values
• Processing payments for employees
• Generating payslips
• Generating pre-update reports
• Departments and employee analysis
• Calculating and Processing statutory payments
• Calculating and paying statutory sick pay (SSP)
• Calculating and paying statutory maternity pay (SMP)
• Calculating and paying statutory paternity pay (SPP)
• Recording absences
• Updating the payroll records with leavers and joiners
• Payment by BACS
• Yearend procedures
• Printing and Issuing pay slips to employees
• Real time information (RTI) reports
• Full payment submission (FPS)
• Employer payment summary (EPS)
• Submitting PAYE to HMRC
• Issuing P45 to employees when they leave
• Issuing P60’s to employees at the end of each tax year

WHY KBM?

• ACCA Approved employer at Gold level
• AAT Approved training provider with highest standards
• Firm of Chartered Certified Accountants & Registered Auditors
• Authorised and Regulated by Financial Conduct Authority (FCA)
• Practical Accountancy Training Endorsed by the Institute of Financial Accountants
• 1 - 1 Training sessions with Qualified Accountants
• Training on Sage 50, QuickBooks, Excel and Xero
• 100% Practical training on real company files
• 100% Flexible - You choose a day & time of your own choice
• Multiple locations – Park Royal, Barking, Croydon, Birmingham and Manchester
• Regular performance reviews and job market awareness sessions
• Professional CV and Interview Preparation
• Sage 50, Sage Payroll, QuickBooks, Excel and Xero certification preparation
• Guaranteed Work Placement and reference to employers
• Support with PER for ACCA / AAT / CIMA

Practical Accountancy Training is ideal for anyone looking to pursue a career in accountancy

Practical Accountancy Training has no requirements

Practical Accountancy Training can prepare you for following jobs

Bookkeeper

Payroll Administrator

Sales Ledger Clerk

Purchases Ledger Clerk

Accounts Assistant

Finance Assistant