Sales Ledger

Designed for: Anyone who has a basic understanding of book-keeping techniques and who wants to learn how to maintain a Sales Ledger..
Prerequisites: A reasonable level of numeracy; experience of the Basic Book-keeping for Beginners course, as well as the Purchase Ledger course.
Objectives:To teach the basics of maintaining a manual Sales Ledger.
Benefits
·The Sales Ledger Course contributes towards the requirements of the Practical Book-keeping I OCR examination
Course Content
·Lesson 1: Introduction to credit purchases, sales invoices, completing the Sales Day Book.
·Lesson 2: The purpose of keeping a Sales Ledger, locating information to be recorded in the Sales Ledger accounts, writing up Sales Ledger accounts, recording bad debts in the Sales Ledger, cross referencing entries in the Sales Ledger accounts with the Sales Day Book and Cash Book.
·Lesson 3: Recording contra entries, preparing a list of balances from the individual Sales Ledger accounts, writing up a Sales Ledger Control Account, detecting errors between the Sales Ledger Control Account and the Individual Sales Ledger Accounts.
·Lesson 4: Maintaining a self-managed Credit Control System, using an Ageing Analysis, procedures when accounting for VAT to Customs & Excise.