A necessary chore for all businesses, but one that is essential to get right. Our range of manual and computerised book-keeping courses are designed for businesses and individuals seeking employment as a book-keeper. Manual book-keeping courses cover basic book-keeping principles, sales and purchase ledgers, vat and the production and interpretation of final accounts. Our computerised book-keeping courses cover Sage Line 50 and Sage Payroll, essential knowledge that is regularly demanded by employers of new staff.
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Designed for Anyone wishing to improve their skills or job prospects, and business people wanting to keep their own books. No prior knowledge is required to do this course.
The course objectives are to teach manual book-keeping to cover part of the OCR and IAB Level 2 book-keeping examination requirements, as well as introduce the basics of keeping accurate accounting records to those running a small business
The course lasts for about 22 hours and comprises the following lessons:
1. The role of the book-keeper, the difference between capital, assets and liabilities, the dual effect of transactions and the double entry system, the accounting equation, the difference between cash and credit transactions, preparing simple balance sheets, identifying transactions in ledger accounts
2. The basic principles of Value Added Tax, calculating VAT, constructing sales invoices, trade and cash discounts, posting sales invoices to the General Ledger
3. Checking purchase invoices for accuracy, credit notes, posting purchase invoices and credit notes to the General Ledger, the purpose of the Purchases Day Book, Purchase Ledger, posting an Analysed Day Book to the General Ledger and Purchase Ledger
4. The basic principles of Value Added Tax, calculating VAT, constructing sales invoices, trade and cash discounts, posting sales invoices to the General Ledger
5. Why the Cash Book is used, processing Cash Book payments and receipts, balancing the Cash Book, preparing a postings list, preparing a 3 column Cash Book
6. Why the Petty Cash Book is used, processing Petty Cash payments and receipts, balancing the Petty Cash Book, preparing a cheque requisition
7. Using a Postings List to update the General Ledger, updating the Sales and Purchase Ledger from the Cash Book, balancing ledger accounts, posting balances from a list, coding day books
8. The purpose of a trial balance, preparing a trial balance, demonstrating the ability to maintain day books, prepare ledger balances and extract a trial balance
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Designed for Anyone wishing to improve their skills or job prospects, and business people wanting to keep their own books. Completion of Book Keeping Level 2 Module 1 is required to do this course.
The course objectives are to teach manual book-keeping to cover part of the OCR and IAB Level 2 book-keeping examination requirements, as well as introduce the basics of keeping accurate accounting records to those running a small business
The course lasts for about 22 hours and comprises the following lessons:
1. Posting the opening balances at the start of a new trading year, using a Trial Balance to illustrate the accounting equation, posting brought forward balances, making postings from a 3 column Cash Book to the ledger accounts.
2. Understanding the various methods of making and receiving payments, preparing a daily takings and cash for banking form, reconciling daily takings to a till roll report, completing a paying in slip in order to bank money received, checking eligibility for cash discount.
3. Updating and balancing the ledger accounts, reconciling the Debtors and Creditors Control accounts, using the Journal in order to process the book-keeping entries for contra transactions and bad debt, processing a returned cheque.
4. Preparing a cash reconciliation statement, the reasons why a bank reconciliation is performed, preparing a bank reconciliation statement, updating the Cash Book.
5. Knowing how to maintain a self-managed credit control system, the purpose of a monthly statement, preparing monthly statements to send to customers, the purpose of an aged debtor analysis.
6. Comparing a supplier statement to the related Purchase Ledger account, preparing a reconciliation statement, the action to take in respect of any discrepancies, identifying invoices falling due for payment, preparing a remittance advice and related payments.
7. The purpose of payroll, the elements which make up gross pay, identifying typical statutory and voluntary deductions and employer oncosts, preparing the Journal entries to account for payroll, keeping a Wages/Salaries Control account and Wages/Salaries Expenses account, keeping PAYE/NIC and Pension Creditor accounts.
8. Different VAT schemes, knowing how the double entry system is used in order to account for VAT, Form VAT 100 and preparing a pro forma VAT return, balancing the VAT account, demonstrating the ability to process ledger transactions and prepare control accounts.
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Designed for Anyone wishing to improve their skills or job prospects, and business people wanting to keep their own books. Completion of Book Keeping Level 2 Module 2 is required to do this course.
The course objectives are to teach manual book-keeping to cover part of the OCR and IAB Level 2 book-keeping examination requirements, as well as introduce the basics of keeping accurate accounting records to those running a small business
The course lasts for about 18 hours and comprises the following lessons:
1. Preparing a Trial Balance from the ledger accounts as well as from a list of account balances, using the Journal to correct errors not disclosed by the Trial Balance, preparing a revised Trial Balance following the correction of errors
2. Using the Journal to start up a new set of double entry accounts, knowing how to write off bad debt, including any associated VAT, the purpose of a suspense account, using the Journal to correct errors and clear a suspense account, demonstrating the ability to make journal entries and adjustments and produce a revised Trial Balance
3. Recognising the format used when extending the Trial Balance, categorising items of income and expenditure, calculating depreciation, accruals and prepayments, calculating the value of stock consumed, using the journal to record year-end adjustments
4. Transferring the year-end adjustments to the Extended Trial Balance, distinguishing between the different type of account, extending the balances from the Trial Balance columns to either the Profit and Loss or Balance Sheet columns, calculating the profit, or loss, of the business
5. Preparing a Profit and Loss account and Balance Sheet, calculating the gross profit percentage, knowing how to calculate the mark up percentage
6. Closing off the ledger accounts at the end of the accounting period, recognising when a balance is to be carried forward to the next accounting period and when it is to be transferred to the Profit and Loss account, demonstrating the ability to extend a Trial Balance and prepare the financial statements of a business
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Designed for Anyone wishing to improve their skills or job prospects, and business people wanting to keep their own books. No prior knowledge is required to do this course. The course lasts for about 12 hours and covers the following topics: 1. The importance of accounts, including a background to business, how accounts reflect business transactions. 2. The importance of cash; writing up cash book; writing up petty cash book. 3. Introduction to VAT 4. Receipts and payments; imprest system, cash book balancing. 5. Tests are built into the course and a certificate is issued on successful completion of all tests. |
The course has been designed for anyone who has a basic understanding of book-keeping techniques, and who wants to increase their knowledge on maintaining sales ledgers.
The course lasts about 10 hours and covers:
1. Raising Sales Invoices;
2. Keeping a sales day book;
3. Writing up sales ledger accounts;
4. Reconciling sales ledgers.
5. Using control accounts;
6. Giving discounts;
7. Bad debts and the importance of credit control;
8. Factoring, controlling credit, collecting debt & recognising bad debts early.
Tests are built into the course and a Pitman Certificate is issued on successful completion of all tests
The course has been designed for anyone who has a basic understanding of book-keeping techniques, and who wants to increase their knowledge on maintaining purchase ledgers .
The course lasts for about 10 hours and covers the following topics:
1. Processing Purchase Invoices;
2. Keeping a purchase day book;
3. Writing up ledger accounts;
4. Reconciling purchase ledgers
5. Using control accounts;
6. suppliers’ statements and finding differences
Tests are built into the course and a Pitman Certificate is issued on successful completion of all tests
Anyone wishing to improve their skills or job prospects, and business individuals wanting to keep their own books.
A complete knowledge of book-keeping is required before starting this course including Courses: Basic Book-keeping, Purchase Ledger’, Sales Ledger’.
The course lasts for about 18 hours and covers the following topics:
1. Double entry book-keeping;
2. Posting summaries;
3. Cross-referencing;
4. Bank reconciliation;
5. Writing up the nominal ledger;
6. Extracting a preliminary trial balance
There are validation tests built into this course, and a certificate will be issued on successful completion
Anyone wishing to improve their skills or job prospects and business individuals wanting to keep their own books. Students must complete Final Accounts - Part 1 before starting this course.
The course lasts for about 12 hours and covers the following topics:
1. Depreciation;
2. Accruals and prepayments;
3. Posting summaries and cross-referencing
4. Preparing a profit and loss account
5. Preparing a balance sheet from the trial balance;
6. Closing off the ledgers
There are validation tests built into this course, and a certificate will be issued on successful completion
Anyone who needs to be able to keep accurate reliable PAYE records. No prior knowledge is required before starting this course.
The course lasts for about 12 hours and covers the following topics:
1. Payroll terminology;
2. Calculation of gross pay using tax tables;
3. Completing deductions working sheets;
4. Weekly/monthly paid employees;
5. Employees joining and leaving
6. Employees without tax codes;
7. Higher rate tax payers;
8. Holiday pay
9. Correction of errors;
10. Monthly and annual duties of employers
11. National insurance; Statutory sick pay; Statutory maternity pay
Tests are built into the course and a Pitman Certificate is issued on successful completion of all tests
This course is intended for anyone who wish to learn how to use a computerised accounts program. A basic understanding of book-keeping terminology and ideally some book-keeping experience is required before starting this course.
The course lasts for about 20 hours and covers the following topics:
Lesson 1: Restoring data, entering customers’ opening balances, entering suppliers’ opening balances, backing up data .
Lesson 2: Restoring data from a previous lesson, entering opening balances in the nominal ledger, preparing and printing a trial balance.
Lesson 3: Changing the program date, checking data, making stock adjustments in, entering purchase invoices for products and services, entering new supplier record information, entering a batch of supplier invoices.
Lesson 4: Creating customer invoices, printing customer invoices, checking the activity on a selected customer account, updating ledgers .
Lesson 5: Entering customer receipts, entering other receipts from non-invoiced items.
Lesson 6: Processing payments made against supplier invoices, processing other payments, entering petty cash payments, restoring the petty cash float.
Lesson 7: Correcting mispostings using the journals window, posting payroll records via journal entries, printing out a trial balance, adding new customer accounts using a wizard, adding new products using a wizard and modify.
Lesson 8: Reconciling the November bank statement, printing and viewing bank reports and day books. Producing statements for customers, printing out the audit trail, correcting basic entry errors, customising the program.
Lesson 9: Processing purchase invoices, printing customer invoices, adjusting stock records for purchases processing credit notes, adjusting stock records for returns.
Lesson 10: Processing payments made against supplier invoices, processing other payments, entering petty cash payments, restoring the petty cash float, processing settlement discounts.
Lesson 11: Entering several batches of journals, saving skeleton journals, reconciling the December bank statement, checking and reconciling the VAT return, entering a journal for VAT liability, printing out a final trial balance, producing profit & loss and balance sheet for management accounts.
Those who wish to learn how to use a computerised payroll program. Students are
expected to have knowledge of the manual payroll system and preferably some experience of maintaining a payroll.
The course lasts for about 20 hours and covers the following topics:
Lesson 1: Backup and restore data files, change the processing date, display employee information, set up company and bank details, set up payment and deduction types.
Lesson 2: Set up a new employee record, set up pay elements, enter payment rates, set up pension information, enter a new car record, maintain car records.
Lesson 3: Update payroll data that has already been entered, change the process date, enter payments, including holiday payments and deductions.
Lesson 4: Print out analysis reports, payslips and cheques, process week 4 payments, process the month 1 payroll, add annual bonus payments, print out reports and BACS information, produce period end reports.
Lesson 5: Enter car mileage claims, set up SSP and SMP details, run the week 5 payroll.
Lesson 6: Print summaries and update week 5 payroll, process a leaver, enter a new starter, enter SMP information.
Lesson 7: Add a new employee, process payroll for Month 2, check PAYE, Tax and NI figures, look at Tax Year End procedures and reports.