Bookkeeping Course

Book Keeping Training is a one-day course. The book keeping course introduces delegates to the concept of double entry book keeping, debit and credit, VAT and many more accounting terminologies. This course enhances the knowledge of candidates to become certified in the areas of book keeping. Gaining information in book keeping will provide you with a thorough understanding of the purpose of double-entry book keeping, the trial balance and how to produce a profit and loss account and balance sheet.

The topics covered by this Book Keeping Training Course include:

Introduction

• Introduction to Bookkeeping
• Basic accounting terminology
• Introduction to financial statements
• Types of financial statements

Introduction to Double-entry Bookkeeping

• Concept of debit and credit
• The T account
• Daybooks, purchase and sales ledger control accounts
• How they all fit together

Methods of Accounting

• Accrual method
• Cash method
• Similarity and differences between Cash and accrual

Standard Accounting Entries

• Bad and doubtful debts
• Depreciation
• Overview of VAT

The Trial Balance

• Introduction to trial balance
• Balancing accounts
• Passing to a trial balance

The Extended Trial Balance

• Produce a profit and loss account and balance sheet by using an extended trial balance

Presentation

• Converting extended trial balance into a presentable report

Computerised Accounting

• Overview of how computers handle these entries