Aimed at officers and supervisors handling financial accounting and other managerial position that involves accounting, this course provides the perfect starting point to learn how to carry out various financial account administration duties using computerized accounting softwares. This course will help you to enhance your employability, or run the finances of your own business.

Learning Outcomes

• Compute customers and suppliers accounting data proficiently
• Add new accounts to sales, purchase and nominal ledgers
• Process data, bank transactions, invoices and credit notes accurately
• Produce management reports
• Set up general ledger accounts, entering opening balances where appropriate.
• Set up customer accounts, entering opening balances where appropriate.
• Set up supplier accounts, entering opening balances where appropriate.
• Process sales invoices and credit notes, accounting for VAT
• Allocate monies received from customers in partial or full payment of invoices and balances.
• Process purchases invoices and credit notes, accounting for VAT
• Allocate monies paid to suppliers in full or partial settlement of invoices and balances.
• Process receipts and payments for non-credit transactions.
• Process recurring receipts and payments.
• Process petty cash receipts and payments, accounting for VAT.
• Perform a periodic bank reconciliation

Course Outline

• An introduction to computerized accounting
• Setting up your company
• Setting up your suppliers details
• Setting up your customers details
• The nominal ledger
• Entering transactions
• Journals
• Bank reconciliation
• Useful reports
• Recurring entries
• Amending company details and managing data
• Creating a password to protect data