Accounting & Finance Practical Training with Guaranteed Work Experience
Centre of Accountancy
Classroom based or available online with study materials and tutor support
Summary
Available both Online and Classroom
Payment plans are available based on package.
Train now Pay later ...
- Certificate of completion - Free
- Tutor is available to students
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Overview
Certificates
Course media
Description
- Understanding the Overall Purpose of Bookkeeping: Grasp the essential functions and objectives of bookkeeping.
- Basic Bookkeeping Concepts: Learn fundamental concepts such as debits and credits.
- Best Practices in the Workplace: Discover best practices for bookkeepers in a professional setting.
- Purchase and Sales Ledger Maintenance: Understand and maintain purchase and sales ledgers.
- Accounting Software Setup: Set up a company on accounting software like Sage 50 Accounts, Xero, QuickBooks, etc.
- Accounting Period Selection: Update and choose the accounting period based on global accounting practices.
- Chart of Accounts Setup: Configure the chart of accounts according to organisational needs.
- Nominal Code and Ledger: Understand and customise the nominal code and nominal ledger.
- Customer Account Setup: Set up customer accounts in accounting systems and generate/process customer invoices and credit notes.
- Supplier Account Setup: Set up supplier accounts in accounting systems and generate/process supplier invoices and credit notes.
- Report Preparation: Prepare reports for supplier and customer invoices, including aged debtors and aged creditors reports.
- CIS Deduction and Calculations: Understand CIS deduction and calculations.
- Cash and Bank Transactions: Handle cash payments and receipts, bank payments, reconciliations, and petty cash.
- Reverse Charge and VAT Implications: Manage reverse charge and its implications on VAT returns.
- VAT Principles: Understand the principles of VAT.
- VAT Scheme Analysis: Analyse different VAT schemes (cash rate, flat rate, and standard).
- VAT Preparation and Reconciliation: Prepare and reconcile VAT, complete a VAT return, and conduct import and export VAT analysis.
- VAT Submission to HMRC: Follow the steps for VAT return submission to HMRC.
- Making Tax Digital (VAT) Scheme: Get introduced to the Making Tax Digital (VAT) scheme.
Who is this course for?
Anyone who is
- New to accounting
- Have qualification but lack practical skills
- Foreign experience but lack UK based skills and experience
Career path
Suitable Jobs
After course completion you can get a job as a
- Bookkeeper
- Finance officer
- Purchase /Sales ledger clerk
- Payroll admin etc
Benefits
- Practical Training with ACCA qualified Accountant
- Certifications
- Work Experience
- Complete Recruitment Support
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Legal information
This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.