Practical Accounting

Course details

Practical Accounting is the routine manner in which the day-to-day financial activities of a business entity are gathered and recorded. A firm's accounting practice refers to the method by which its accounting policies are implemented and adhered.

Course Overview

Program Objectives
Candidates will be trained on the following tasks
Set up companies
Nominal Ledger, Nominal Code, Chart of Accounts
Basic T Accounts Concept (Double Entry) & Computerised Accounts Double Entry
Customers Accounts Setup
Customers  Batch Invoices and Credit Notes
Suppliers Accounts Setup
Suppliers (inc. Invoices and Credit Notes)
Bank Payments and Receipts
Bank Reconciliation
Error Corrections
Reconciling and Closing
Reports
Who Should Attend
New accounting graduates wishing to be employees
Employers that want to increase the skill base of their employees
Employees that want to upgrade their skills
Unemployed individual(s) looking to return to work
Small business owners and managers wishing to develop their entrepreneurial skills
Start-ups, Small and Medium size Enterprises that need help with their accounts

Course Outline:

Prepare receipt voucher
Prepare payment voucher
Prepare journal voucher
Prepare purchase orders
Prepare sales quotations
Bank Payments and Receipt
Bank Reconciliation
Prepare fixed assets register
Post all financial transactions in ledgers
Prepare trial balance
Prepare financial statements

Career Path

Gain hands on experience Free after-training support and advice Develop employment skills Interviewing techniques and skills to gain Opportunity for work placement. Updated on 01 December, 2020