Basic Book-Keeping for Small Business

Dates: 3rd, 10th, 17th, 24th Oct.

Time: 6.30pm - 9.30pm

Venue: Abbey Hotel

Cost: €40

Maximum: 10 participants

Programme is aimed at: Individuals with very little or no book-keeping experience and who are interested in acquiring the necessary skills to maintain a MANUAL book-keeping system for a small business.

Objective: On successful completion of the 4 modules, participants should be equipped with adequate knowledge to meet revenue and legal requirements, together with a system of monitoring their business financial performance - essential for managing any business.

Brief Outline of Programme Content:

• Introduction to book-keeping terminology and concepts
• Preparing Sales Invoices
• Complete the basic books of account, ie sales book, purchase book, cash book, petty cashbook.
• Complete bank reconciliations
• Complete final accounts, ie Profit & Loss, Balance Sheet
• Understanding allowable business costs
• Complete Cashflow Statements
• Understanding VAT and preparing VAT returns
• Understanding PAYE, PRSI and Levies calculations and completing P30 returns
• Introduction to Income Tax & Preliminary Tax for a Sole Trader
• Includes many practical examples and exercises

A combination of presentation slides and a selection of practical day-to- day examples and exercises will be presented in Excel. Practical book-keeping Excel templates will be made available to each participant.