Finance

Course details

Book-Keeping

•  Why keep books?
•  Book-keeping methods.
•  Introduction to VAT.
•  The analyzed cash book.
•  Sales and purchase day book.
•  Reconciling the bank account.
•  Double entry book-keeping.
•  Single entry systems.

Credit Control

•  Cracking the credit problem.
•  Is my customer credit worthy?.
•  Credit Control routines.
•  Debt recovery through the courts.
•  Statutory demands, insolvency and bankruptcy.
•  VAT and tax relief for bad debts.

Costing & Pricing

•  Pricing a product.
•  Costing a product.
•  Pricing a service.
•  Break even analysis.
•  Contribution theory.
•  Absorption costing.

Management Accounting

•  Cash flow.
•  Managing cash.
•  The trading budget.
•  The profit & loss account.
•  Management reports.
•  Manual accounting records.
•  Computerized accounting records.
•  Breakeven analysis.