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Accounts Assistant Course / Assistant Accountant Training

Accounts Assistant Training with qualified accountants


KBM training

Summary

Price
Save 32%
£338 inc VAT (was £499)
Offer ends 07 August 2021
Finance options

1.Train now & Pay Later @ 0% APR

Prices advertised are per software and will vary depending...

Study method
Blended (classroom and online)
Duration
212 hours, Part-time/Full-time
Qualification
No formal qualification
CPD
212 CPD hours / points
Additional info
  • Tutor is available to students
  • Certificate of completion available and is included in the price
  • TOTUM card is available to purchase separately What's this?
  • Job guarantee programme is included in this course

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Location & dates

Location
Address
Town Quay Wharf Town Quay Wharf
Abbey Road
BARKING
Essex
IG117BZ
United Kingdom
Address
Birmingham
Hagley Road
BIRMINGHAM
West Midlands
B168PE
United Kingdom
Address
Canada Square
East London
London
E145DY
United Kingdom
Address
London Road
South East London
London
SE16LN
United Kingdom

Overview

Accounts Assistant training program is designed to equip you with the skills that you need to secure job as an Accounts Assistant. Upon completion you will have a good understanding of the financial process from purchase and sales Ledger to extended trial balance including bank reconciliations and VAT. You will be using various accounting software during the training e.g. Sage 50, QuickBooks, Excel and Xero.

According to AAT Salary survey the average salary of an Accounts Assistant is £25k with a steady growth and openings in year 2021. Course duration and price depends on the contents and number of software chosen by the candidate. At the end of Accounts Assistant Training program you will be provided with a guaranteed work placement.

We are official partners with Sage, QuickBooks and Xero and all our trainees get official Sage, QuickBooks and Xero certifications upon completion of Accounts Assistant training.

CPD

212 CPD hours / points
Accredited by The CPD Certification Service

Course media

Resources

  • Course Leaflet

Description

We have carefully designed Accounts Assistant training program to cover all the the skills required by employers for Accounts Assistant positions. Accounts Assistant Training will be delivered on real company files by our qualified chartered accountants.

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 ?rm'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 ?nancial year and start a new ?nancial 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

Advanced Excel Training

  • Summing Techniques
  • IF, Cell References, Formula Linking etc
  • New Formulas of Excel 2007 Sumifs, Countifs, Iferror
  • Database Formulas
  • Subtotal (Formulae & Procedure)
  • Tables
  • Macros
  • Look up References (Vlookup, Hlookup etc)
  • Data Validation
  • Conditional Formatting
  • Date & Time Formulas
  • Charts & Graphs
  • Protection & Security
  • Goal Seek
  • Groupings
  • Pivot Table
  • Pivot Table Charts
  • Hyperlinks
  • Scenario
  • H-Look ups
  • V-Lookups
  • Web workbooks

After completing Accounts Assistant Training We help all of our trainees in preparing professional CV and job interviews and we Guarantee Work Placement.

Who is this course for?

Accounts Assistant Training is ideal for

  • Those who have no prior experience or qualification in accountancy
  • Candidates currently studying ACCA, AAT, CIMA or other accountancy qualifications but have no practical accountancy and payroll experience
  • Candidates with overseas accounting experience but not within the UK
  • Candidates new to Computerised accounting
  • Work Placement is Guaranteed only if you choose any of our structured program delivered in office.

Accounts Assistant training also covers all the areas of Bookkeeping, VAT and Payroll

Requirements

Accounts Assistant Training has no requirements. In this training you start from the basic bookkeeping and then advance towards the higher concepts.

Career path

Our in-depth Accounts Assistant training is perfect fit for you to gain the skills set demanded by the employers.

After completing Accounts Assistant Training you can apply for jobs such as

Accounts Assistant.

Accounts Receivables / Payable

Credit Controller

Finance Assistant

Junior Accountant

Questions and answers

Reviews

4.8
Course rating
96%
Service
96%
Content
96%
Value
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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on reed.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.