Course Overview

Companies use different bookkeeping software like Sage, Xero, and QuickBooks and excel spreadsheets to record these dealings. Getting comfortable and familiar with accounting software is an essential step towards a job role as bookkeeper.This course offers an excellent working knowledge of the different accounting methodologies and practices essential to efficiently record and store financial information on a daily basis. The course is planned to give you a thorough experience of accounting and bookkeeping principles. Our unique methodology of blending the essential theoretical concepts and practical skills give you an enormous competitive benefit in your job quest.

Course Benefits

  • Blended learning methodology with revision based customers accessible from home to give you supreme support in learning
  • Flexible one to one training meetings built around your accessibility, with the option to choose days, timing and meetings
  • Certification form Accounting firm
  • Recruitment company aiding you with job hunting after training
  • Specialised one to one training sessions for CV, Interview preparation and Job hunting tips
  • Setting up of software in your laptops for practice from home
  • Cover experience requirement for all significant bookkeeping bodies

Course Modules

*Using sage as an example, the course structure is as follows:
(The course structure is same for all the other softwares)

Module 1

  • Makes you to learn and identify the needs of the company. Implement the discussion on template.
  • Its Software is being configured and based on identified company needs.
  • You learn how to use default settings that results in determining the data the way it is being displayed in SAGE 50.
  • Changing the system date & accounting periods.
  • SAGE 50 makes it easier to work as it divides the whole fiscal year into a number of accounting periods.
  • You learn how to identify and choose the correct accounting period and know how to modify the system date in SAGE 50.
  • Deeper understanding of subsidiary and general ledger, setting up the chart of accounts.
  • Arrangement of the Customer, Supplier and Tax codes.
  • Arrangement of the software for company use by entering opening balances for nominal, customer and supplier accounts.
Module 2

  • Analysing supplier invoices, credit notes and post supplier payments.
  • Analysing supplier account activity.
  • Computing reconciliation of supplier account activity.
  • Recording supplier invoices & carrying out aged creditor analysis.
  • Designing various Daybook reports for the Supplier activity.
  • Organizing the purchase budgets and payment runs via Supplier reports.
  • Modify and revise the supplier account details.
  • Arrangement and processing of recurring transactions.
  • Generating and updating invoices, quotes and credit notes for customers, purchase orders.
  • Calculating customer invoices.
  • Extracting the settlement of customer account activity.
  • Recording customer receipts and carrying out the aged debtor enquiry.
  • Planning various Daybook accounts for the Customer activity.
  • Organising the cash flow & working capital established on generated reports.
  • Modify and review the customer account details.
  • Plan and process recurring transactions.
  • Coordinating the credit control, overdue letters and including statements.
  • Analyse various bank accounts.
  • Performing on numerous petty cash transactions.
  • Accessing the petty cash reconciliation.
  • Recording the bank transactions.
Module 3

  • Rectification, identification and correction of errors while computing.
  • Analysing and keeping the data safe by using various backups.
  • Understanding various options available to manage the overall bookkeeping.
  • Keeping an eye on the transactions and generating audit trails.
  • How to record and process General Trail balance and financial statements.
  • Deeper knowledge and understanding of various VAT Scheme.
  • Updating and analysing of Cash, Standard , flat rate schemes in Software.
  • Understanding the various other policies related to VAT on goods from EU Countries.
  • Keeping a general record of the various matters related to Acquisition Tax.
  • Deeper Knowledge and better understanding of Intrastat Supplementary declarations.
  • Updated Knowledge of Tax matters on goods purchased from non-EU countries , and how to process and apply for EORI.
  • Claiming relief on the goods returned outside EU.
  • Analysing and choosing the appropriate VAT quarters.
  • Keen Observation and analysis of all spreadsheets related to the transactions.
  • Proper analysis of VAT related to mixed transactions ,identifying the zero rated, standard rated items and recording it and performing a reconciliation to calculate the VAT.
  • Introduction to various important VAT industry specific issues for Retail , IT , Construction industries.
  • Writing off bad debt and perform a VAT reclaim.
  • Guidelines and knowledge about how to perform VAT adjustments.
  • For better understanding on how to the work on VAT regular workshop has being introduced.

Skills You Will Gain

  • Sales Day Book
  • Purchase Day Book
  • Credit Notes
  • Debtor /Creditor Reconciliations
  • Petty Cash Reconcile
  • Bank Reconciliation
  • VAT Calculation
  • VAT Adjustment
  • VAT Submission

Jobs You Can Apply For

  • Sales Ledger Clerk
  • Purchase Ledger Clerk
  • Account Receivable Clerk
  • Account Payable Clerk
  • VAT Administrator
  • Cash Controller
  • Bookkeeper

Certification

  • Continuing Professional Development (CPD) Certificate
Certificate

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