Accounts Assistant Training
Training
In Wembley, Birmingham, London and another venue.
Improve your accounting skills!
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Type
Training
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Level
Beginner
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Location
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Class hours
216h
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Duration
6 Months
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Start date
Different dates available
Accounts Assistant Training program is designed to equip you with the skills that you need to secure job as an Accounts Assistant / Finance Assistant. Upon completion you will have a good understanding of the financial process from purchase and sales Ledger to extended trial balance. You will be using various accounting software during the training e.g. Sage 50, QuickBooks, Xero and Excel.
With the collaboration of KBM Chartered Certified Accountants and Registered Auditors we offer Accountancy Work Experience for jobs such as Accountant, Accounts Assistant, Finance Assistant, Bookkeeper and Payroll Administrator.
We at KBM Training & Recruitment, are constantly working hard to help candidates achieve the best quality training in accountancy along with one of the best recruitment facility in the market.
We offer Accounts Assistant training in London and Birmingham and over the past 30 years, we have helped thousands of candidates in getting the practical skills and secure the jobs in accountant sector.
Facilities
Location
Start date
Start date
Start date
Start date
Start date
Start date
About this course
Matrix approved training with highest standards
Authorised and Regulated by Financial Conduct Authority – FCA
Firm of Chartered Certified Accountants & Registered Auditors
1 – 1 training sessions in our Accountancy firm with Qualified Accountants
Licensed software installed on your laptop
Approved by AAT, Oxford Cambridge and RSA
100% Practical training on real company documents
100% Flexible – You choose day, time and location of your own choice
Multiple locations – Park Royal, Canary Wharf, Barking, Elephant & Castle, Birmingham
Regular performance reviews to identify learning gaps
Job market awareness sessions
Professional CV and Interview preparation
Guaranteed Work Placement
Reference to employers
Complete PER for ACCA / AAT / CIMA
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 5 years
Subjects
- Excel
- Recruitment
- Credit
- Sales
- Finance
- Accountancy
- MS Excel
- Sales Training
- Tax
- Customer
- Customer Service
- Customer satisfaction
Teachers and trainers (1)
Hassan Murtaza
Accountant
Course programme
- Setting up companies using various VAT schemes, i.e Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
- Choosing the chart of accounts that suits the firm's needs and its customisation
- Understanding how double entry is applied in accounting software and how to customise the nominal ledger and nominal codes
- Maintaining sales and purchase ledgers of organisation
- Setting up customers' accounts
- Process customers invoices and credit notes
- Setting up suppliers accounts
- Processing suppliers invoices and credit notes
- Generating reports customer/supplier invoices, statements and reconciling them
- Generating aged debtors and aged creditors reports for credit control purposes
- Understanding CIS deductions and processing invoice containing CIS element
- Understanding reverse charge and processing invoice containing reverse charge element
- Identifying errors and performing error corrections
- Allocating cash payments and receipts
- Allocating bank payments and receipts
- Allocating supplier payments and customer receipts against right invoices
- Performing bank reconciliation / petty cash reconciliation
- Calculating VAT for businesses with mixed zero-rated and standard-rated sales combining Sage and Excel
- Preparing the VAT return
- Reconciling the VAT return
- Submitting the VAT return to HMRC
- Dealing with HMRC queries
- VAT registration and deregistration process
- Understanding VAT period and Tax point
- Dealing with Imports, Exports and Acquisitions
- Working out VAT fuel scale charge
- Rules regarding Cash VAT and Flat Rate VAT scheme
- Deeper understanding of Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme and VAT Retail Scheme
- VAT deadlines and penalties
- Program and payroll basics
- Backing up and restoring data
- Company settings
- Understanding UK legislation relating to Payroll
- Registering as an employer
- Understanding Pay as you earn (PAYE) system
- NIC classes and rate
- Income tax bands and rates
- Adding employees into payroll software
- Creating pay elements
- Understanding year to date values
- Processing payments for employees
- Generating payslips
- Generating pre-update reports
- Departments and employee analysis
- Calculating and processing statutory payments
- Calculating and paying statutory sick pay (SSP)
- Calculating and paying statutory maternity pay (SMP)
- Calculating and paying statutory paternity pay (SPP)
- Recording absences
- Updating the payroll records with leavers and joiners
- Payment by BACS
- Yearend procedures
- Printing and Issuing pay slips to employees
- Real time information (RTI) reports
- Full payment submission (FPS)
- Employer payment summary (EPS)
- Submitting PAYE to HMRC
- Issuing P45 to employees when they leave
- Issuing P60's to employees at the end of each tax year
- Treatment of opening balances
- Foreign currency invoices
- Treatment of different types of discounts on invoices
- Reconciliation of debtors and creditors control accounts
- Generating aged debtors and aged creditors reports for credit control purposes
- Reconciliation of VAT, PAYE and Wages control accounts
- Posting month end adjustments and journals
- Understanding accruals and processing the journal entry
- Understanding prepayments and processing the journal entry
- Maintaining fixed asset register of the organisation
- Writing off fixed assets
- Calculating depreciation using different methods
- Understanding gains and losses on disposals of assets
- Suspense account reconciliation
- Director's loan account
- Loan amortisation account
- Treatment of dividends
- Preparing VAT using Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme
- Preparing closing entries
- Preparing the Final Trial Balance
- Monthly management accounts
- Running the year end procedures in Sage 50 Accounts to close the financial year and start a new financial year
Accounts Assistant Training