Accounts Assistant Training Practical Training on Sage 50, QuickBooks and Xero
Accounts Assistant Training
KBM training
Summary
The price advertised is Per Software and applicable if you purchase the whole course of 5...
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Overview
Accounts Assistant Practical Accountancy Training on Sage 50, QuickBooks, and Xero with Qualified Accountants
Accounts Assistant Training is designed to equip you with the skills that you need to secure job as an Accounts Assistant. Upon completion of Accounts Assistant Training you will have a good understanding of the financial process from purchase and sales Ledger to extended trial balance. Training is provided on a one to one basis. You will be using various accounting software during the training e.g. Sage 50, QuickBooks, Xero and Excel. Accounts Assistant Training duration and price depends on the contents and number of software chosen by the candidate. At the end of this training program you will be provided with a guaranteed work experience.
Accounts Assistant Training covers all the areas of Bookkeeping, VAT, HMRC Submissions, Journals & Adjustments and Management Accounts.
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.
We are also a recruitment firm and we 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 accounting jobs.
The price advertised is Per Software and applicable if you purchase the whole course of 5 software
- Train now-Pay later options available (Applicable on the full program)
- Flexible Payment Options Available (Applicable on the full program)
The discounted offer depends on course content, delivery method, and number of software covered
The discount is only applicable when bought as a full bundle of 5 software, Sage 50, QuickBooks, Excel, Xero, and Sage Payroll.
Certificates
Certificate of completion
Digital certificate - Included
CPD
Course media
Resources
- 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 Sage 50, QuickBooks, Excel, Xero and Sage Payroll by our qualified chartered accountants.
Bookkeeping, VAT and HMRC Submissions (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 and its customisation
- Understanding how double entry is applied in accounting software
- How to customise the nominal ledger and nominal codes
- Maintaining sales ledgers of businesses
- Maintaining purchase ledgers of businesses
- Setting up customers’ accounts
- Processing customers invoices and credit notes
- Setting up suppliers accounts
- Processing suppliers invoices and credit notes
- Generating reports customer/supplier invoices,
- Generating customers and suppliers statements and reconciling them
- Generating aged debtors and aged creditors reports for credit control purposes
- Identifying errors and performing error corrections
- Allocating cash payments and receipts
- Allocating bank payments and receipts
- Allocating supplier payments and customer receipts against right invoices
- Performing bank reconciliation
- Performing petty cash reconciliation
- Preparing the VAT return
- Reconciling the VAT return
- Submitting the VAT return to HMRC
- Dealing with HMRC queries
- VAT registration and deregistration process
- Understanding VAT period and Tax point
- 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
Payroll and HMRC Reports (Sage Payroll 50)
- Program and payroll basics
- Backing up and restoring data
- Company settings
- 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
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
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
WHY KBM?
- ACCA Approved at Gold level
- AAT Approved and promoted training provider
- Practical Accountancy Training Endorsed by the Institute of Financial Accountants
- Firm of Chartered Certified Accountants & Registered Auditors
- Authorised and Regulated by Financial Conduct Authority (FCA)
- Online Training sessions with Qualified Accountants
- 100% Practical training
- 100% Flexible - You choose day & time of your own choice
- Official Sage, QuickBooks and Xero Certifications
- Professional CV and Interview Preparation
- Professional reference to employers
- Support with PER for ACCA / AAT / CIMA
We are also a recruitment firm and we help each candidate in preparing 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 2022 we successfully placed more than 1400 candidates in accountancy jobs.
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, FIA, CIMA, CIPFA or other accountancy and payroll qualifications but have no practical accountancy and payroll experience
- Candidates with overseas accounting and payroll experience but not within the UK
- Candidates new to Computerised accounting and payroll
- Candidates new to accounting and payroll, looking forward to maintaining their own accounts and payroll records to reduce their costs
Requirements
Accounts Assistant Training has no prerequisites but the candidate must be a keen and quick learner.
Career path
After completing Accounts Assistant Training you can apply for jobs such as Accounts Assistant. Accounts Payable / Receivables. Credit Controller.
Questions and answers
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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.