Book Free Consultation

Bookkeeping Course Birmingham

Bookkeeping Course in Birmingham provided by Future Connect Training, will enables you to understand basic to advanced level bookkeeping.

A bookkeeper is responsible for dealing with businesses' financial data. The role of a bookkeeper is to record all financial transaction carried out by a business, to produce reports and VAT returns which are then to be submitted to HMRC. Those reports are used to keep track of all transactions of the company and used by accountants to assess the business' financial situation and making decisions.

The bookkeeper has a vital role for companies, as they give an overview of the business's situation which helps keep track of their expenses and budget, prepare them to file tax returns and assist companies with making financial decisions that can benefit the growth of the business.

The Bookkeeping Course Birmingham will prepare you with all the skills, terminology and main procedures you will be required to excel as a bookkeeper. The bookkeeping training courses are set out in a specific order that will aid you in learning more effectively. We will provide the material with detailed instructions to support you.

You will have the opportunity to get practical experience using a variety of accounting software, used by many businesses.

You will also cover the theoretical side of bookkeeping, with a good understanding of the law involved. By the end of the course, you have able to deduce what type of VAT will be beneficial for different businesses.

The software you will learn to use:

  • Sage 50
  • Xero
  • Quickbook
  • Excel

What you will be learning:

  • Setting up a company onto the software
  • Setting up VAT Schemes
  • Inputting suppliers and customers details onto the software
  • Recording purchase and sales invoices
  • Understanding nominal codes
  • Recording bank payments and receipts, customer payments and receipts, supplier payments and receipts
  • Understanding different VAT Rates and their tax code used in the software
  • Recording refunds and bank transfer
  • Recording bank statements
  • Recording Petty Cash
  • Performing bank reconciliation
  • Generating VAT Return
  • Understanding how VAT return is calculated
  • Producing reports
  • Submitting VAT return to HMRC

You will be working on multiple types of business, using different types of VAT schemes, which will give you a clear understanding of how different VAT Schemes work, their advantages and disadvantages.

VAT Schemes covered :

  • Standard VAT Schemes
  • Cash Accounting Schemes
  • Flat Rate Schemes
  • Annual Accounting
  • Retail Scheme: point of sales scheme
  • Retail Scheme: Apportionment Scheme
  • Retail Scheme: Direct Calculation Scheme

By the end of the Bookkeeping Course Birmingham, you will be confident using all accounting software. You will understand the essential procedures carried out by a bookkeeper; you will be able to deduce what VAT Schemes would be beneficial for a specific type of business. You will have in-depth knowledge of the meaning of VAT when businesses are required to register for VAT. The VAT charged for imports, acquisitions, exports, and despatches. The surcharges and penalties that may involve if a company does not submit to HMRC by the deadline, or due to inaccurate VAT return.

Career path:

  • Sales Ledger Clerk
  • Purchase Ledger Clerk
  • Account payable clerk
  • Account Receivable Clerk
  • Cash Controller
  • Bookkeeper

Contact us

If you are interested in bookkeeping course Birmingham or London or have any queries, please contact us: