Bookkeeping and using Accounting Software

This course provides a comprehensive introduction to the basic principles of bookkeeping, encompassing both manual bookkeeping techniques and the use of online cloud accounting software. Students will gain hands-on experience with traditional bookkeeping methods while also learning how to efficiently manage accounts using modern, cloud-based tools.

The course is invaluable for individuals looking to computerize their accounting processes or those who need to utilize a computerized accounts package. It is particularly beneficial for those who lack previous experience in accounts or formal training in accounting and finance. Through detailed instruction and practical exercises, participants will develop a solid foundation in bookkeeping, preparing them to handle their financial records with confidence and accuracy.

By the end of the course, students will not only understand essential bookkeeping concepts but also be adept at using cloud accounting software, making it easier to transition to digital accounting systems. This course is ideal for small business owners, office managers, or anyone responsible for managing finances who seeks to enhance their accounting skills and streamline their financial operations.

No prior knowledge is needed for this course.

1: Introduction

• Understanding difference between manual and computerised accounts
• Chart of Accounts
• Coding Accounts

2: Sales Ledger

• Setting up customer accounts
• Making amendments to record
• Entering Sales Invoices
• Entering Credit Notes
• Preparing customer statements

3: Purchase Ledger

• Setting up supplier accounts
• Making amendments to record
• Entering purchases invoices
• Entering Credit Notes
• Preparing remittance advice notes

4: Bank and Credit Card Transactions

• Recording sales receipts
• Recording expenses receipts
• Entering supplier payments
• Bank reconciliation

5: Nominal Ledger

• Setting up nominal accounts
• Correcting errors
• Journal entries

6: VAT

• Understand the implication of being VAT registered
• Understand the difference between standard and cash accounting for VAT
• Understand VAT return
• Preparing VAT return

7: Reports

• Aged creditor analysis
• Aged debtor analysis
• Trial Balance
• Profit and Loss account
• Monthly management account

Our aim is not just to get you the qualification but also guide you through all processes while you are applying for your SIA Licence. Following are some of the reasons why you should choose us as your training provider:

• Excellent Success Rate!
• Fully accredited and authorized training center in London!
• Most competitive prices with NO HIDDEN COSTS!
• Prices are all inclusive of tuition, handbook, notebook, exams and certificate costs!
• Nationally recognized and Ofqual accredited training course!
• Highly skilled and qualified trainers with a great wealth of practical knowledge & experience!
• Post-qualification email support while you are preparing to book your licence application!
• Free guidance session on how to apply and obtain a SIA Licence!