Course: Basic Book-keeping & Accounts

This course provides a hands-on introduction to all the key areas: cash book, sales, purchase & general ledgers, the bank reconciliation, and accounts to trial balance. The course is very practical, and clearly explains the principles and underlying logic involved. I wish I’d done this course when I started out!

Course summary:

Principles of accounting
Double entry book-keeping
Debits & credits
Balancing an account
The trial balance
Producing a simple set of accounts
Division of the ledger
The sales, purchase & general ledgers - their inter-relationship & use
Processing invoices
Recording sales & purchase invoices
Bank & Cash
Cash books
Petty cash systems & records
Bank reconciliations
The bank’s debits & credits explained
Posting entries to the ledger
Entries for payroll costs
Control accounts & suspense accounts
Journal entries & correction of errors
Other accounting entries
Introduction to depreciation
Trade & settlement discounts
Introduction to accruals & prepayments
Accounting for VAT

Course suitability:

All people who want to get a grip on the principles of the accounting process - not easy to pick up from accounting software!

This course requires no knowledge of the subject

The course lasts for 1 day - Cost of this course is £295+VAT