Certificate in Manual & Computerised Bookkeeping
Aim: This course provides learners with knowledge of manual bookkeeping systems & procedures. It aims to equip the learner with the skills to set up and maintains a computerised accounts systems. This course can be delivered using Qucikbooks, Sage or TAS accounting software.
Module 1 - Books of Original Entry
- Sales Day Book.
- Purchases Day Book.
- Cash Book (Receipts & Payments).
- Petty Cash Book.
- Journal.
Module 2 - Double Entry Book- keeping
- Identify Debit & Credit transactions.
- Identify Income & Expenses.
- Identify Assets & Liabilities.
- Identify Revenue versus Capital expenditure.
Module 3 - Completing Ledger Accounts
- Post entries from day books to Nominal Accounts.
- Enter Journal Transactions.
- Balance & close nominal accounts.
- Transfer balance on nominal accounts to trial balance.
Module 4 - Preparing Financial Accounts
- VAT rates. Resale & non resale vat analysis.
- VAT reports.
- Identify each item in the trial balance as either revenue or capital.
- Post the transactions from the trial balance to the Profit & Loss account.
- Post the transactions from the trial balance to the Balance Sheet.
- Read & understand the Profit & Loss Account & Balance Sheet.
Computerised Book keeping
Module 1 - Purchases Ledger
- Set up Supplier accounts and details.
- Enter purchases invoices.
- Enter supplier payments.
- Allocate payments to invoices.
- Prepare remittance advices.
- Generate aged creditors listing.
- Read and understand purchases/suppliers reports.
Module 2 - Sales Ledger
- Set up Customer accounts and details.
- Enter Sales/customers invoices.
- Set up Products/Items for resale.
- Generate Sales Invoices- using computerised system.
- Enter customers receipts.
- Allocate receipts to invoices.
- Generate aged Debtors.
- Prepare Customers statements.
- Read and understand Debtors/Sales reports.
Module 3 - Cash Books
- Set up Bank Accounts, Petty Cash and Credit Card Accounts.
- Enter cash payments.
- Enter Receipts/ Sales.
- Complete computerised bank reconciliation.
- Read and understand Cash reports.
Module 4 - Nominal Ledger & Reporting
- Understand the Nominal Ledger.
- Prepare Bi Monthly Vat report.
- Prepare & understand Profit & Loss account.
- Prepare & understand Balance Sheet.
- Year end procedures.
- Back up and Restore Data.
Upon successful completion of this course learners will be awarded FETAC Certificate Level 5, component module B20137
For further information download this file:
Certificate in Manual & Computerised Bookkeeping
