Diploma in Bookkeeping and Payroll Management

Course details

Did you know that every business, by law, has to keep books? Also, it is a legal requirement to issue sales invoices and keep accounts records for a minimum of six years, so it is essential that businesses have an effective and manageable bookkeeping system in place. That’s why there is a demand for qualified bookkeepers, and when you study with Global Edulink, you will find it easier to get a job because you will have a widely recognised qualification on your CV.

Bookkeeping is the practice of keeping accurate records of all movements of money or of things with value that take place in a particular business or organisation. The only qualities a would-be bookkeeper needs are common sense, a logical mind, the ability to write neatly and the ability to do simple arithmetic accurately – and nowadays most arithmetic is done on a calculator.

Managing and processing a business’s payroll is an important task, and it’s vital that those handling the payroll have a full understanding and knowledge of the processes involved.

This course is designed to teach you the basic to advance rules of book-keeping and payroll management (USA Standards) in easy stages so that you gradually build up your knowledge and confidence and eventually achieve complete mastery of the subject at expert level. More importantly, you will be able to handle your own accounting records, or those of an employer, in a practical and professional manner.

It’s not easy deciding on a career path with so much uncertainty in the market place. One thing is for sure: with this qualification on your CV, you can offer financial expertise to countless businesses crying out for your skills.

Our online course is so well designed you will feel that you are in the classroom! This course is comprised of professionally narrated e-Learning modules, interactive quizzes, tests and exams. All delivered through a system that you will have access to 24 hours a day, 7 days a week for 365 days (12 months). An effective support service and study materials will build your confidence to study effectively and guide you to secure your qualification.

Please Note: This Course is Based on USA Standards

COURSE CURRICULUM

Module 01 : Introduction to Bookkeeping and Payroll
Module 02 : Transactions
Module 03 : Internal Controls and Control Concepts
Module 04 : Working With Ledgers
Module 05 : Reconciliation
Module 06 : Correcting Entries
Module 07 : Sales Tax, Rules and Filing
Module 08 : Budgeting & Strategic Plan
Module 09 : Types of Budgets
Module 10 : Merchandising Income Statement
Module 11 : Sales and Purchase Discounts
Module 12 : Petty Cash
Module 13 : Cash Controls – The Bank Reconciliation
Module 14 : The Payroll Process
Module 15 : Payroll Process – Earnings Record
Module 16 : The Partnership & Corporations
Module 17 : Accounts Receivable and Bad Debts
Module 18 : Preparing Interim Statements
Module 19 : Year End – Inventory

Course Duration:

You will have 12 Months access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time.

Method of Assessment:

At the end of the course learners will also take an online multiple choice question assessment test. This online multiple choice question test is marked automatically so you will receive an instant grade and know whether you have passed the course.

Certification:

Successful candidates will be awarded a Diploma in Bookkeeping and Payroll Management. Updated on 10 December, 2024