Book keeping

Overview
A one day course that gets right to the heart of bookkeeping and accounting. Basic concepts and skills are introduced as you discover everything you need to know about double entry bookkeeping and the nominal, sales and purchase ledgers, helping you to appreciate your Sage Line 50 system.

This course will show you in a straightforward way how to do your books correctly. In one day, Sage will have you using the terms such as Debit, Credit, Nominal Ledger and Trial Balance. You will also leave with a thorough understanding of all the basic bookkeeping skills you need. Once you've completed this course, you'll be ready to plunge into Sage Line 50 with much more confidence.

Prerequisites
Good practical knowledge of how to use a computer. You should be able to use a mouse to select, open and close files and folders. You need to be aware of the file storage areas, such as My documents, desktop and hard drive. You should know how to ‘copy’ and ‘paste’, minimise and maximise a window, the difference between ‘save’ and ‘save as’ and how to switch between one open application and another. You should have good experience of using the Internet and e-mail.

If you are unfamiliar with these topics, you may be interested in our PC Basics course.

Objective
• Double Entry Bookkeeping .
• Maintaining Day Books .
• Trial Balance.

Platform PC     |    Duration 1 day

Price Per Course £250.00 exc VAT
Full payment must be received prior to the course commencing.

Course Outline:

Double Entry
• Identify the differences between debit and credit
• Learn basic double entry

Nominal Ledger
• Reason for nominal ledger analysis

Trial Balance
• Create Trial Balances

Bank Accounts
• Understand Banking double entry

VAT
• Record VAT using double entry bookkeeping

Control Accounts
• Gain knowledge of debtors and creditors control.

Sales Ledger
• Operate a sales ledger that links to the nominal ledger

Purchase Ledger
• Operate a purchase ledger that links to the nominal ledger

Computerised Accounts
• Overview of computerised accounts with Excel and Sage Line 50 their benefits.