Bookkeeping: Manual & Computerised Course

Course details

•  Explain the key terminology associated with the recording and maintenance of bookkeeping records, using manual and computerised systems
•  Outline the advantages and disadvantages of a computerised system over a manual one for record keeping purposes
•  Complete the books of first entry with appropriate VAT and departmental analysis from the information contained in a range of source documents to include; invoices, credit notes, bank records, petty cash vouchers
•  Post the information from the daybooks to the appropriate accounts in the ledgers
•  Extract a trial balance at the end of an accounting period
•  Prepare a Bank Reconciliation Statement from data supplied
•  Prepare the end-of-period VAT Return in accordance with the requirements of the Revenue Commissioners
•  Process all tasks as per the manual ones using an accounts package, comparing manual and computerised results
•  Analyse tasks completed making appropriate corrections to any errors and editing of data as directed
•  Print a selection of reports after backing up computerised data on a suitable medium. 

Assessment:

Portfolio 40% and Examination 50%

Progression Routes:

Major award at levels 5 Business Administration