ICB Level 2 Certificate in Bookkeeping
Overview
Sage Line 50 Accounts is one of the most ubiquitously used software in the UK SME sector and it has made its reputation as The Industry standard.
User friendliness is at the heart of its design interface. Sage 50 covers diverse range of accountancy tasks which helps the accountants and bookkeepers to work fast and accurately. Regardless of the size of a business the generic functions and the ability to customise makes Sage 50 the perfect choice for a majority of businesses and hence the software of choice by most organisations. It can perform simplest to most complex tasks ranging from customers reports to Financial Statements.
AT Centre of Accountancy Careers & Training Ltd the course is conducted by Highly Trained and Qualified Accountants who have years of experience implementing Sage Accounts 50 for various Business Organisations. Their advice is highly sought after in the Industry Sector.
AT CAC Training Ltd, Sage 50 Accounts is taught over two Modules,
Module 1 covers more fundamental skills
Module 2 covers more advanced skills.
PRE-REQUISITES
There are no formal entry requirements to the Level 2 Certificate in Bookkeeping and no prior bookkeeping knowledge is assumed at this level. However, candidates must have basic numerical skills and a good understanding of the English language.
CONTENT
A1 – Basic double entry bookkeeping to trial balance
- Underpinning knowledge
- Knowledge of the different categories of business that exist
- Terms in bookkeeping (assets, liabilities, etc.)
- Banking procedures
- Understanding the different categories of VAT (standard, reduced, zero, exempt, outside the scope)
- Calculation of the value of the capital investment for a sole trader
- Calculation of business documents including calculation of VAT
- Showing an understanding of the effect of entering transactions into a bookkeeping system for sales, purchases, overheads, capital items, returns, personal items, etc.
- The effect of making and receiving payments including bank, cash and petty cash transactions
- Calculation of account balances
- Production and explanation of a trial balance
A2 – Further double entry bookkeeping to trial balance
Home /place of work-based assessment to include:- Underpinning knowledge
- Ethics
- Legislation relevant to the bookkeeper
- Accounting concepts
- Further double entry including the following
- Topics from A1
- The content of control accounts
- Writing off a bad debt
- Construction Industry Scheme
- Posting non-sole trader entries (subscriptions, donations, drawings of partners, directors’ loan accounts, etc.)
- Entry of payroll journals
- Calculation of the value of a suspense account in a system that does not balance
- Reconciliation of debtors, creditors and bank balances
- Correction of errors that do not affect the trial balance
- Production and explanation of a trial balance
A3 – Data entry to Trial Balance using software
Computerised accounting software package to include:- Opening of entries
- Setting Up a New Business on software
- Setting up Inventory Codes
- Setting up New Customers/Suppliers
- Posting of Invoices with Discounts
- Customer Invoicing Procedure
- Supplier Invoices
- Corrections and Transaction Editing
- Customer Receipts & Supplier Payments
- Customer Receipts
- Payments on Account
- Bad Debt Write Off
- Bank Reconciliation
- Wages & Salaries
- Cash Account & Petty Cash Account
- Allocating Credit Notes
- Entry of cash and credit transactions
- Production of a trial balance
- Production of reports for debtors, creditors, bank, VAT and the audit trail
SUITABLE JOB ROLES
- Bookkeeper
- Accounts Assistant
- Finance Assistant
- Accounts receivable
- Accounts payable
- Data Entry clerk
FUTURE BENEFITS
- Combine your ICB Qualifications with Practical Experience with CAC Training and become Job ready. Ask the management for more details.
- CV preparation
- Job Search for the candidate
- Interview Preparation
- Reference
