Skip to content

Online Accounts Assistant Practical Training

Sage 50, QuickBook, Xero, Excel and Payroll


KBM training

Summary

Price
Save 50%
£845 inc VAT (was £1,690)
Or £70.42/mo. for 12 months...
Offer ends 31 July 2021
Study method
Online with live classes
Duration
170 hours, Part-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

13 students purchased this course

Add to basket or enquire

Overview

We have carefully designed our Accounts Assistant training program inline with Accountancy Jobs. KBM Chartered Certified Accountants are proud to be ACCA partners at Gold Level which ensures that the training standards are set very high. Being official partners with Sage, QuickBooks and Xero, we will support you in obtaining official certifications. Our strong links with the top employers makes it easier for us to place our candidates in to Jobs straight after the training. In 2020 we successfully placed 819 candidates in accountancy jobs. You could be the next one.

CPD

212 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Bookkeeping and VAT Returns (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 Processing 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
  • 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
  • Sharing Workbooks

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 and 100% Flexible - You choose day & time
  • Official Sage, QuickBooks and Xero Certifications
  • Professional CV and Interview Preparation
  • Professional reference to employers
  • Support with PER for ACCA / AAT / CIMA

Who is this course for?

We have carefully designed our Accounts Assistant training program inline with Accountancy Jobs. KBM Chartered Certified Accountants are proud to be ACCA partners at Gold Level which ensures that the training standards are set very high.

Requirements

Accounts Assistant training program has no entry requirements

Career path

We have carefully designed our Accounts Assistant training program inline with Accountancy Jobs.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Reviews

4.0
Course rating
80%
Service
80%
Content
80%
Value
Leave a review

{{ getTruncatedSinglePointScore(item.OverallCourseRating) }} Star Review by {{ item.ReviewerName }} for {{ item.Title }}


{{ getLongDate(item.CreatedOn) }}
{{ item.Title }}
Reviewed by {{ item.ReviewerName }}
|Purchased {{ getHumanisedPassageOftime(item.PurchasedOn) }}
{{ item.ProviderName }} responded to this review
{{ getLongDate(item.ProviderResponseDate) }}
{{ results.length }} out of {{ totalResultsCount }} reviews

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.