Purchase Ledger

This course is designed to follow on from basic book-keeping and suits those who looks after invoices, credit notes received and payments sent in a finance department. Enabling you to become proficient at maintaining a manual purchase ledger. Successful completion of this course will enable you to work towards further qualifications.

To learn the basics of maintaining the manual Purchase Ledger.
Designed to follow on from the Basic Book-keeping course.
The flexibility and value of self-study course designed to enable you to work at your own pace.

A personalised workbook to use as a reference guide on completion of the course.

The opportunity to gain the widely recognised Pitman Training Certificate.

Anyone who has a basic understanding of book-keeping techniques and who wants to learn how to maintain a Purchase Ledger.

A reasonable level of numeracy; experience of the Pitman Training Basic Book-keeping course.

8-10 hours

Lesson 1:

Introduction to credit purchases; purchase invoices; completing the Purchases Day Book.

Lesson 2:

The purpose of keeping a Purchase Ledger; locating information to be recorded in the Purchase Ledger accounts; writing up Purchase Ledger accounts; cross-referencing entries in the Purchase Ledger with the Purchases Day Book and Cash Book.

Lesson 3:

Reconciling the information contained in a supplier''s statement; preparing a list of balances from individual Purchase Ledger accounts; writing up a Purchase Ledger Control Account; detecting errors between the Purchase Ledger Control Account and the Individual Purchase Ledger Accounts; stock records; the importance of accounting for all VAT.