Our program's practical bookkeeping instruction gives students first-hand experience with popular accounting software including QuickBooks, Dext, Taxcalc and VTR.
Our bookkeeping course, which covers the fundamentals all the way up to final accounts, is available both during the day and in the evening and is sure to help you advance in your chosen profession.


Introduction to the Course

During three months, students will learn the fundamentals of accounting. Students will gain experience in a variety of financial accounting processes, including but not limited to: processing accounts payable and receivable, recording transactions, helping with payroll and VAT, and doing bank reconciliations. Those who take this course will leave with the skills necessary to use accounting software effectively, both for record keeping and report writing.

Purpose of Learning

By the end of the lesson, students will have learned:

• Get a handle on the ropes of basic Bookkeeping and accounting.
• Maintain a record of monetary dealings.
• Keep all financial records and ledgers up to date and correct.
• Efficiently handle receivables and payables.
• Handle bank reconciliations and handle inconsistencies as needed.
• Acquire a basic understanding of Bookkeeping procedures and legal obligations.
• Get a handle on VAT concepts and provide a hand with VAT processing.
• Contribute to the process of creating financial statements.
• Make use of accounting software for record keeping and report generation.

Software Included

The programs that we will go over are:

• Module Content for Excel, VTR, Dext, QuickBooks, and Taxcalc software
• VTR, TaxCalc, QuickBooks, and Excel for bookkeeping and value-added tax.
• Formation of businesses utilising various value-added tax (VAT) schemes, including the Cash Accounting, Marginal, Flat Rate, and Standard VAT Schemes.
• Choosing and customising the chart of accounts depending on the individual needs of the firm.
• Individualising nominal codes and ledgers.
• Handling the company's buy and sales ledgers.
• A customer account is created and managed.
• Taking care of billing and credit notes for clients.
• Account setup and management for suppliers.
• Handling credit notes and invoices from suppliers.
• Creating and reconciling reports, invoices, and statements for customers and suppliers.
• Managing CIS deductions and invoices containing CIS components.
• Managing reverse charge bills and comprehending the reverse charge process.
• Finding and fixing mistakes in financial transactions.
• Matching up invoices with supplier payments and consumer receipts.
• Verifying the accuracy of bank records and small denomination currency.
• Businesses with a combination of standard- and zero-rated sales can use Sage and Excel to determine their VAT.
• Getting VAT returns ready, reconciling them, and sending them in to HMRC.
• Managing the process of registering and deregistering for VAT.
• Acquiring knowledge of value-added tax (VAT) periods and tax points.
• Fully understanding the regulations governing Cash VAT and Flat Rate VAT schemes.
• Learning more about value-added tax (VAT) systems, such as traditional, cash-based, flat-rate, marginal, and retail VAT models.
• Be well-versed in VAT due dates and penalties.

If you want to learn the ropes of accounting and become successful in any financial position, enrol in with us & Recruitment's Bookkeeping.