Basic Bookkeeping
Dive into the world of accountancy and bookkeeping with our e-learning module. We'll explain the role of a bookkeeper, key terms, managing invoices, and offer some helpful tips.
Basic Bookkeeping
£29.75
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Government Funded training
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Highfield Awarding Body
Mobile device friendly content
Subtitles: English
Duration: 1 hr 30 mins
Retakes: Unlimited
Overview
This course has been developed for people who are interested in getting to grips with the basics of accounting – that is keeping financial records, or “the books”, in order for a business or any organisation with financial activities. Getting comfortable with bookkeeping is a handy skill if you are running your own business or getting involved with helping manage the finances of a charity. Bookkeeping can be a fulltime job in its own right and is also a first step on the ladder to becoming an accountant. Accounting can seem quite intimidating at first. There appear to be lots of rules and unusual terms. Fortunately your first steps as a bookkeeper are usually limited to handling the record keeping that the more experienced, qualified accountants can use.
To help you with your first steps as a bookkeeper, this course aims to demystify the process of bookkeeping and all the jargon that goes with it. We will also explain the basic concepts so you can start to collate and enter information in everyday bookkeeping software.
Candidates will undertake an online multiple-choice assessment and will receive a certificate if successful (any certificates from an official awarding body are sent to you via email).
Course Syllabus
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Course Introduction
This unit provides an overview of the course structure and outlines how the rest of the units covers the course content.
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Accounting and Bookkeeping
We begin the course with an introduction to the world of accountancy and discuss the role of the Bookkeeper. This unit also provides an overview of career progression and the different options for training.
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Bookkeeping Concepts and Terms
Now it is time to look at the basic ideas that underpin accountancy and make you comfortable with the meanings of a host of words that apply in this world. By the end of this unit you will have a good understanding of the fundamentals, so you’ll be better able to navigate your own path through the rest of the course.
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Managing Invoices and Bills
We will look at the mainstay of bookkeeping – entering receipts and bills to be paid, while generating invoices for payment. At the end we will demonstrate how to accomplish these tasks in a common accountancy package.
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Handling Other Items
This unit covers some of the tasks that are part of everyday life for a bookkeeper: managing petty cash, expenses and tracking payments.
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Key Business Reports
We are now nearing the end of this introduction to Bookkeeping. This is a good point to look at the four key reports you could be asked to produce.
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Tricks and Tips
To assist you in a future career as a bookkeeper we have put together a collection of tricks and tips. We provide a list of common mistakes to avoid and offer some suggestions how to perform month-end checks.
Obtaining your certificate
You will need to pass a multiple-choice exam at the end of the course in order to gain your accreditation. Once passed, we will send your official certificate by email.
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