Bookkeeping transaction and Controls Part 1

ABOUT THE COURSE

Learning manual bookkeeping skills will boarden to your career opportunity, Although a large mejority of businesses carry out day-to-day account processing on computerised systems , it's important to understand the steps involve in the manual bookkeeping process. Quite offen smaller businesses maintain manual records, so begin able to adapt and work with a manual accounting system could prove extremely valuable for your career.

This bookkeeping course starts with an introduction to the role of a bookkeeping and then focus in teaching you the well step-by- step. It will take around 30 hours to work through Altogether and can be study at your pace and time that suis you best.

There are nine modules within the course:

Module One:

The role of the Bookkeeper, the diffrence between capital , asset and laibilities,the dual effect of transactions and double entry system, the accounting equation, the diffrence between cash and credit transaction, preparing simple balance sheets and indentify transactions in the ledger aacount.

Module Two:

The purpose ad the step used in account.accounting system, different businesses document used for sales and puchases, the purpose of coding and the different coding systems.

Module Three:

The basic principles of Value Added Tax, calculating VAT, constructing sales invoices, trade and cash discount, posting sales invoice to General ledger .

Module Four:

Checking purchase invoice for accuracy, credit notes, posing purchase invoices and credit notes to General ledger the purpose of the purchases Day Book, posting an analysed Day Book to General ledger and purchases ledger.

Module Five:

purpose of an Analysed Sales Day Book , making posting to General ledger and Sales ledger , Return Day Books, identifying debit and credit entries using Day books confidently and accuretly.

Module Six:

The Cash Book ,processing Cash Book payment and receipts, balancing the Cash Book, preparing and posting list, and the purpose of redit note to reflect prompt payment discount, using the discounts receive and discount allowed day books , preparing a 2 colounm Cash Book.

Module Seven:

Why the petty Cash Book is used , processing petty Cash payments and receipts, balancing the petty Cash Book, preparing a cheque requistion.

Module Eight:

Using a Posting list to update the Genral Ledger, updating and sales and purchase ledger from the Cash Book, balancing ledger accounts, posting balance from a lists.

Module Nine:

The purpose of trial balance, preparing a trial balance, demonstrating to ability to maintain day books, prepare ledger balances and extract trial balance.

Once you ahve successfully completed the end of course assessment, you will gain a Pitman Training Bookkeeping Certificate. With further study and by undertaking the relavent examinations, you could gain an AAT Foundation Certificate in Bookkeeping (Level 2 ) Qualification.

This course will help you to learn the processes and procedures involved in manual bookkeeping . You will cover the double entry system, the basics of VAT , checking invoice for accuracy, day book , General Ledger, purchase ledger and sales ledger, prompt payment discount, petty cash books, balancing ledger account and many other aspects of manual bookkeeping . Once you have completed this training, you will be well placed to go on to study computerised accounting.

This course is suitaable for those new to bookkeeping; there are no prerequisition.

By undertaking formal bookkeeping traning you could gain a rewarding career working within the finance department in business large/small, It could also be gateway to a successful self employed bookkeeping career that allow you to take full control over your working life. Within further study and experience you could progress to role such an Accounting, Management Accountant or Accounting Manager.

Pitman Training Certificate

Digital certificate - Included