Bookkeeping & VAT Training

Home / Accountancy Training / Bookkeeping & VAT

Course Description

Bookkeeping focuses on the recording and handling daily financial transactions such as expenses, purchases, sales and receipts. This is a regular record-keeping activity that is the basis of all the economic reports. It is very significant to keep an up to date, accurate and correct record of all the transactions. Companies use different bookkeeping software like Sage, Xero, and QuickBooks and excel spreadsheets to record these dealings. Getting comfortable and familiar to accounting software is an essential step towards ahead a job role as bookkeeper.

This course offers an excellent working knowledge of the different accounting methodologies and practices essential to efficiently record and store financial information on a daily basis. The course is planned to give you a thorough experience of accounting and bookkeeping principles. Our unique methodology of blending the essential theoretical concepts and practical skills give you an enormous competitive benefit in your job quest.

Bookkeeping & VAT

Who is it for

The course is suited for aspiring bookkeepers, and anyone who wants to start a career in accounting.

  • New entrants into accounting sector
  • Learners persuing accounting qualification
  • Candidates with overseas experience.

Try before you enroll

  • Join us for free one day training and see how we are different and supportive in our training approach
  • Call or text now to reserve your free training session
  • We are just a text away 07588 454536
Book Now

Book Free Consultation

Course Benefits

  • Blended learning methodology with revision based customers accessible from home to give you supreme support in learning
  • Flexible one to one training meetings built around your accessibility, with the option to choose days, timing and meetings
  • Certification form Accounting firm
  • Recruitment company aiding you with job hunting after training
  • Specialised one to one training sessions for CV, Interview preparation and Job hunting tips
  • Setting up of software in your laptops for practice from home
  • Cover experience requirement for all significant bookkeeping bodies

Softwares Included

Sage Practical Training
QuickBooks Training
Xero Training
Advance Excel Training

Course Content

Bookkeeping Training:

You can have the option of training following Important Bookkeeping Software:

  1. Sage 2017 v24
  2. XERO
  3. Quickbooks
  4. Forbes
  5. IRIS

(YOU CAN CHOOSE MORE THAN ONE SOFTWARE)

Using sage as an example, the course structure is going to be as follows:
(It is the same arrangement for all the other software)
Learning information and Training on Sage 50 Navigation and other software.

Module 1

Create a New Company

Sage 50 aids you to learn and create a new company records file.

  • Makes you learn and recognise the needs of the company. A device the discussion on a template.
  • Its software is being organised and based on company needs.
  • This Module has been customised and set up according to the following:
    • The organisation of access rights to users
    • The organisation of Customer and supplier records
    • The organisation of Bank, cash and credit card accounts
    • Organisation of Departments
Changing Global Options
  • Changing the system date & bookkeeping periods
  • Makes you learn & how to use default setting that results in defining the data the way it has been shown in sage 50
  • Sage 50 makes it more refreshing to work with as it divides the whole financial year into several accounting periods.
  • Makes you learn how to classify and choose a correct bookkeeping period and know how to modify the system date in Sage 50
Modifying the Chart of Accounts

You will also have a

  • Arrangement of the Client, Dealer and Tax codes
  • A more in-depth knowledge of subsidiary and ledger, setting up the chart of accounts
  • Settlement of the software for company use by incoming opening balances for nominal, customer and dealer accounts

Module 2

Confidently using Sage 50

Supplier Module
  • Computing supplier invoices, post supplier payments and credit notes
  • Computing reconciliation of supplier account activity
  • Analysing dealer account activity
  • Record supplier invoices and carrying out aged creditor analysis
  • Establishing the purchase budgets & cash runs via Supplier reports
  • Designing various Daybook accounts for the Supplier activity
  • Arrangement and processing of recurring transactions
  • Alter and revise the supplier account details
Customer Module
  • Generating and updating invoices, quotes and credit notes for customers, purchase orders.
  • Calculating customer invoices.
  • Extracting the settlement of customer account activity.
  • Recording customer receipts and carrying out the aged debtor enquiry.
  • Planning various Daybook accounts for the Customer activity
  • Organising the cash flow & working capital established on generated reports
  • Modify and review the customer account details
  • Plan and process recurring transactions
  • Coordinating the credit control, overdue letters and including statements
Bank Module
  • Analyse numerous bank accounts.
  • Performing on many petty cash dealings
  • Accessing the insignificant cash settlement
  • Record the bank transactions

Module 3

Company Module
  • Identification, rectification, and correction of errors while calculating
  • Analysing and keeping the data safe by using several backups
  • Understanding many options available to achieve the overall bookkeeping
  • Keeping an eye on the dealings and generating audit trails
  • How to record & process General Trail balance and economic statements
VAT
  • Writing off bad debt & perform a VAT reclaim
  • Demanding relief on the goods returned outside EU
  • Analysing and selecting the appropriate VAT quarters
  • More profound familiarity and understanding of various VAT Scheme
  • Updating and analysing of Cash, and flat rate schemes in software
  • Keeping a general record of the several matters related to Acquisition Tax
  • Rules and knowledge about how to perform VAT adjustments
  • Introduction to many important VAT industry precise issues for Retail, Construction, IT industries.
  • For a better knowledge on how to work on VAT regular workspace has being introduced.

Bookkeeping training can be assimilated with our Accounting and Payroll and Accounts Assistant Training

This course is one of the best course of Future Connect Training & Recruitment Ltd's Practical Accountancy Training with Guaranteed Placement option.

Skills You Will Gain

  • Sales Day Book
  • Purchase Day Book
  • Credit Notes
  • Debtor /Creditor Reconcileons
  • Petty Cash Reconcile
  • Bank Reconciliation
  • VAT Calculation
  • VAT Adjustment
  • VAT Submission

Industries Covered

  • Construction
  • Wholesale
  • Retail
  • Information Technology
  • Solicitor
  • Medical Surgeries
  • Dental Clinics
  • Online Business
  • Architect & More

Work Placement Struture

After concluding your training, you will be given a chance of specific work placement at our offices or our outside client’s workplace. The duration is dependent upon the training you have chosen with us.

Jobs You Can Apply For

  • Sales Ledger Clerk
  • Purchase Ledger Clerk
  • Account Receiveable Clerk
  • Account Payable Clerk
  • VAT Administrator
  • Cash Controller
  • Bookkeeper
Book Free Consultation ;