Basic Book Keeping
- Description
- Reviews
Basic Book Keeping
Bookkeeping involves recording financial transactions or ‘balancing the books’. As such, it is a crucial feature of any business’s accounting department with bookkeepers often considered indispensable to a business’s productivity and profitability.
This course is perfect for those who would like to work as a Bookkeeper or Accounts Assistant. It’s the ideal intermediate bookkeeping course for those wanting to further develop their bookkeeping skills and want to learn the correct methods and techniques to be able to confidently manage the financial records for businesses or other organizations.
By the end of this Course, you will be able to:
Recognize, interpret, organize and record all financial transactions in the work place. You will be at you best in launching a career as a professional book keeper.
- Training objective
- Balance Sheet
- Assets
- Liabilities
- Equity
- Income statement
- Revenue
- Cost of goods sold
- Expenses
- Accounting period
- Module two: Review
- Case Study
- Accounts receivable
- Accounts Payable
- Depreciation
- General Ledger
- Interest
- Inventory
- Journals
- Payroll
- Trail Balance
- Module three: Review
Case Study
- Cash method
- Accrual Method
- Differences between Cash and Accrual Methods
- Case Study
- Accounts payable
- Accounts receivable
- The Journal
- The general Ledger
- Cash management
- Case Study
- The accounting equation
- Double entry accounting
- Case study
- Income statement
- Cash flow statement
- Capital statement
- Budget VS Actual
- Case study
- Gross wages
- Net wages
- Employee Tax withholding’s
- Employer Tax expenses
- Salary deferrals
- Employee Payrolls
- Employee Benefits
- Tracking Accrued leave
- Government Payroll returns / Reports
- Module Eight: Review
- Case study
- Depreciating your assets
- Reconciling Cash
- Reconciling Investments
- Working with the Trail balance
- Bad debt
- Find a secure location to store
- Case study
- Reasons for budgeting
- Creating a budget
- Comparing budget to actual expenses
- Case study
- What is an audit
- When and why do you audit
- Internal
- External
- Case study
