Start Your Own Business

The unique "Start Your Own Business as a Bookkeeper and Payroll Manager" course from Premier Training is divided into two parts: PART 1 (Bookkeeping) and PART 2 (Payroll)

PART 1 (Bookkeeping)
CD ROM taking you through the theory of double entry bookkeeping
Comrehensive Supporting Study Manual
Tips on setting up your own business as a bookkeeper including how to find clients.

PART 2 (Sage Accounts and Payroll)
CD ROM Sage Instant Accounting
Supporting Manual
CD ROM Sage Instant Payroll
Supporting Manual (Beginners and Intermediate Payroll)
Expert tutorial support and up to four months to complete the course, after the four months a subscription fee of £19.99 per month is payable - but this is optional!
In Part 1 (Bookkeeping)...

This part of the course teaches you the essential bookkeeping skills in both a flexible and affordable way. Developed by Premier Training, the course is the first of its kind to be offered on CD-ROM.

(1) Introduction to business
This unit covers the double entry recording transactions up to trial balance, and the production of the profit and loss account and balance sheet from the trial balance.

Traditional T-accounts are used, as well as journal entries in a typical computer format. No previous knowledge is required. By the end of 'Introduction to business', you will have learned to record transactions in double entry terms, extract a trial balance and prepare a simple set of accounts for a sole trader.

Lesson 1 Introduction to business
Lesson 2 Double entry - balance sheet
Lesson 3 Balancing off accounts
Lesson 4 Double entry - profit and loss account
Lesson 5 Profit & loss account and balance sheet
Lesson 6 Profit & loss account and balance sheet - further considerations

(2) Accounting
This unit covers specific double entry techniques using the knowledge of double entry learned in the 'introduction to business' unit. Topics such as accruals and prepayments, fixed assets and depreciation, leasing, loans, and hire purchase are all dealt with within this unit.

By the end of 'Accounting Adjustments', you will have learned how to process most types of common transactions and adjustments and be able to produce a more complex set of accounts for a sole trader.

Lesson 7 Nominal Ledger & VAT
Lesson 8 Accruals & prepayments
Lesson 9 Wages & salaries
Lesson 10 Fixed assets and depreciation
Lesson 11 Leasing and hire purchase

(3) Practical bookkeeping
This unit covers the recording of transactions in the primary records of businesses, and the posting of the ledgers from the books of original entry. By the end of this unit, you will be familiar with the more practical aspects of day-to-day bookkeeping.

Lesson 12 Sales & purchase ledgers and daybooks
Lesson 13 Receipts and payments
Lesson 14 The cash book
Lesson 15 Bank reconciliation

(4) Final accounts
This unit looks at the financial statements of different types of businesses - clubs and societies, partnerships and limited companies.

By the end of this unit, you will be familiar with the contents and format of Receipts & Payments and Income & Expenditure Accounts, as well as the Accounts of partnerships and limited companies.

Lesson 16 Control accounts and bad debts
Lesson 17 Accounts of Different Businesses
Self-test questions

(5) Self Tests
This section provides three tests comprising of a set of questions in a variety of formats. Tests correspond to the teaching units (Unit 1, Unit 2, Units 3&4). You can simply log on to the system, answer the questions and have your results recorded. Feedback is provided by the system.

The tests provide an ideal way of verifying, under simulated assessment conditions, the knowledge and understanding gained as a result of working through the lessons in each unit.

The unique Start Your Own Business (Train to be a Bookkeeper and Payroll Manager) course from Premier Training is available at a cost of £699.00 plus shipping fees of £16.00.