This course is designed for beginners who want to learn the fundamentals of bookkeeping. You will understand how to keep track of money and learn basic accounting principles. The course covers both manual bookkeeping and the use of accounting software. By the end, you will be able to manage simple financial records for business or personal use.
This course is beneficial for learners pursuing ACCA, ACDAP, AAT, CPA, CIMA, CIPFA, and ICAEW programmes. It develops analytical skills and strengthens theoretical knowledge.
Bookkeeping involves recording financial transactions. You will learn its importance for any business. Proper bookkeeping helps companies track their income and expenses effectively.
You will learn to record everyday transactions such as sales, purchases, and payments. This will be taught both manually and using accounting software.
Learn about critical financial statements, including the balance sheet and profit and loss statement. These documents reveal the financial health of a business.
Understand the concept of debits and credits and how they impact different accounts. These are fundamental to accurate bookkeeping.
You will learn to create journal entries, which record each financial transaction. Practice both manual entry and using software.
After creating journal entries, you will learn to post them to ledgers, where all financial data is stored. You will practice this manually and with accounting software.
Learn to compare your books with bank statements through bank reconciliation. This process helps identify mistakes or missing transactions.
Gain hands-on experience with accounting software like QuickBooks, Sage, and Xero. You will learn to set up accounts, record transactions, and generate reports.
Get an introduction to payroll management. Learn how to calculate employee wages and taxes, a vital aspect of bookkeeping for businesses.
Understand how Goods and Services Tax (GST) or Value Added Tax (VAT) works. Learn how to record these taxes in your financial records.
Learn to prepare financial reports that show the performance of a business. You will also practice generating these reports using accounting software.
This course is ideal for beginners who want to learn bookkeeping from the ground up. Whether you aspire to become a bookkeeper, start a small business, or better understand finances, this course is perfect for you. No prior accounting knowledge is required.
There are no specific requirements to enroll. However, basic computer skills are helpful. All you need is a willingness to learn and practice.
Learning bookkeeping is crucial for managing money effectively. It is essential for running a business or handling personal finances. This course equips you with valuable skills that can lead to job opportunities in bookkeeping and accounting. By learning to use accounting software, you will be prepared for the modern workplace.