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Construction Bookkeeping and CIS Returns (SAGE 50)/Professional Bookkeeping/Bookkeeper

Bookkeeping for Construction and CIS Compliance


ATS Training Services Ltd

Summary

Price
£500 inc VAT
Finance options

Payment can be made in full

Payment can be made in two installments

Payment can be financed...

Study method
Classroom
Duration
4 weeks · Part-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Location & dates

Location
Address
120 Alperton Ln, Wembley
Alperton Lane
Wembley
Middlesex
HA01HD
United Kingdom

Overview

This Course is designed specifically focusing on the Construction Accounting. If you are currently looking for a job in the construction industry as a Bookkeeper or Finance Assistant, then this course will help you retain all knowledge and skills required.

Construction industry is a very big sector on its own which involves many subcontractors and contractors working with each other to complete a public or private sector project. These projects can fall into various categories such as New Builds, Drainage, Concrete Works, Frame Works and Rail Works in particular.

Construction Industry Scheme is a very complex legislation set by HMRC in which all Subcontractors and Contractors must comply with.

This course will give you a full insight to all CIS related complications which are faced by Construction Companies.

ATS Training services will help you get a full insight to all accounting related work which you would need to perform in this industry on day to day basis.

Description

What is covered in this course?

  • Setting up a new client company in Sage Job Costings.
  • Setting up new projects in Sage Job Costings.
  • Matching, Batching and Coding all Purchase Invoices for Plant and Materials for various Project Costings.
  • Processing Applications and Sales Invoices for Self-Billing Clients.
  • Labour Analysis for each worker per project and per hour which will give you detailed job costing analysis for Labour allocations on each Project.
  • Processing CIS related invoices received from Subcontractors and Suppliers on SAGE CIS.
  • Allocation of payments to supplier invoices using the Sage Pay Module
  • Allocation of Customer Receipts to invoices/applications
  • Reconciliation of all Bank Accounts to clear down all Aged Debtors and Creditors.
  • Registering for CIS Scheme
  • Verifying Subcontractors for CIS
  • Understanding the implications of Standard, Gross and Higher Rate CIS Tax Deductions.
  • Matching, Batching and Coding subcontractor invoices to Sage CIS Module.
  • Allocating subcontractor payments to calculate CIS deductions
  • Producing CIS Vouchers to reconcile CIS Deductions before submitting CIS return to HMRC
  • Submit CIS Return to HMRC.
  • Brief insight to all other CIS Related legislations and complicated CIS tax matters.

Who is this course for?

This training course is for the following but not limited to:

  • Bookkeepers
  • IAB Students/Members
  • Freshly Qualified/Part Qualified ACCA Students
  • Graduates
  • AAT Students/Members
  • Others

Requirements

We would require you to be IT Literate

We would require you to read, follow and understand instructions.

We would require you to be studying towards an accounting qualification however this is not mandatory.

There are no firm requirements set for this course as it is a hands on practical training course developed to furnish you with best Bookkeeping and VAT Training skills.

Questions and answers

Certificates

Certificate of completion

Digital certificate - Included

Reviews

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, 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.

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 Courses, many of which can be completed online.

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.

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.