Certificate in Basic Bookkeeping and Payroll

£99.00

Whether working in someone else’s business or your own business it’s important to understand financial matters. Understanding bookkeeping basics may be the key to keeping your fiscal matters running smoothly and efficiently

The Basic Bookkeeping Online Short Course is the short and sweet answer to your problems. From accounts receivable to accounts payable, from loans to payments, this short course covers everything you’ll need to know.

Whether working in someone else’s business or your own business it’s important to understand financial matters. Understanding bookkeeping basics may be the key to keeping your fiscal matters running smoothly and efficiently

The Basic Bookkeeping Online Short Course is the short and sweet answer to your problems. From accounts receivable to accounts payable, from loans to payments, this short course covers everything you’ll need to know.

More importantly, the course is essential and practical, providing an effective outline and practical tools to help you manage key financial matters.

Only 6 to 8 hours of study is required per course.

What’s Included?

Wiki_tick  Unlimited  lifetime access
Wiki_tick  Access anywhere, any time
Wiki_tick  Fast effective training, written and designed by industry experts
Wiki_tick  Track your progress with our Learning Management System
Wiki_tick  Unlimited support
Wiki_tick  Save money, time and travel costs
Wiki_tick  Learn at your own pace and leisure
Wiki_tick  Easier to retain knowledge and revise topics than traditional methods
Wiki_tick  Exam preparation quizzes, tests and mock exams to ensure that you are 100% ready

£99.00Add to cart

Modules

Only 6 to 8 hours of study is required per course.

Module One – Introduction

Module Two – Basic Terminology (Part 1)

Balance Sheet
Assets
Liabilities
Equity
Income Statement
Revenue
Cost of Goods Sold
Expenses
Accounting Period

Module Three – Basic Terminology (Part 2)

Accounts Receivable
Accounts Payable
Depreciation
General Ledger
Interest
Inventory
Journals
Payroll
Trail Balance

Module Four – Accounting Methods

Cash Method
Accrual Method
Differences between Cash and Accrual

Module Five – Keeping Track of you Business

Accounts Payable
Account Receivable
The Journal
The General Ledger
Cash Management

Module Six – Understanding the Balance Sheet

The Accounting Equation
Double-Entry Accounting
Types of Assets
Types of Liabilities
Equity

Module Seven – Other Financial Statements

Income Statement
Cash Flow Statement
Capital Statement
Budget vs Actual

Module Eight – Payroll Accounting / Terminology

Gross Wages
Net Wages
Employee Tax Withholding’s
Employer Tax Expenses
Salary Deferrals
Employee Payroll
Employee Benefits
Tracking Accrued Leave
Government Payroll Returns / Reports

Module Nine – End of Period Procedures

Depreciating your Assets
Reconciling Cash
Reconciling Investments
Working with the Trial Balance
Bad Debt
Posting Adjustments and Corrections

Module Ten – Financial Planning, Budgeting and Control

Reasons for Budgeting
Creating a Budget
Comparing Budget to Actual Expenses

Module Eleven – Auditing

What is an Audit?
When and Why would you Audit?
Internal
External

Module Twelve – Wrapping Up

System Requirements

Minimum specifications for the computer are:

Windows:

Microsoft Windows XP, or later
Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS:

OSX/iOS 6 or later
Modern and up to date Browser (Firefox, Chrome, Safari)

All systems:

Internet bandwidth of 1Mb or faster
Flash player or a browser with HTML5 video capabilities (We recommend Google Chrome)