COURSE OBJECTIVES:

At the end of this course participants will be able to use SAGE Business Cloud Accounting package to keep proper books of account, submit VAT3 and monitor business performance

COURSE CONTENT

INTRODUCTION

• Record keeping
• Overview and practice simple manual bookkeeping (to be transferred to computer)
• Revenue requirements
• Using records to manage and develop business

INTRODUCING TECHNOLOGY TO BOOKKEEPING

• Introduction to computerised accounts systems
• Advantages of computerised accounts systems
• Data accuracy, security, confidentiality

SET-UP AND INPUT OF TRANSACTION DATA (COMPUTERISED BOOKKEEPING)

• Set up accounts and data on computerised accounts package – customers,suppliers,nominal,stock,opening balances
• Enter appropriate information to accounts
• Sales, Purchases,
• Cash receipts
• Cheque payments
• Petty cash
• Debtors ledger
• Creditors ledger
• Nominal ledger
• Issue,print and post sales invoices and credit notes
• Restore petty cash to imprest
• Controls,verfications and correction of errors
• Bank Reconciliations
• Stock Records
• Marketing Records
• Back-up data
• Exit from software correctly

COMPUTER REPORTS AND ANALYSIS

• Extract trial balance
• Extracting useful reports from system – sales day book, aged debtors, purchase day book, aged creditors, cashbook, petty cash book, nominal ledger accounts
• Preparing VAT return from system
• Interpret information from above reports

We will use SAGE Business Cloud Accounting during the course. Trainees can download a three month free trial of SAGE Business Cloud Accounting for use during the course. Tutor will go through this at module 1.