Centre of Accountancy Careers & Training Ltd offers a unique bookkeeping course that is free. It’s filled with valuable information and insights into the industry. With the help of industry veterans, our bookkeeping courses London are developed by renowned experts. This UK bookkeeping course is for beginners or people who want to improve their accounting and bookkeeping skills.
This Bookkeeping course covers all the important areas of the curriculum. This advanced Bookkeeping course will help you improve your accounting and bookkeeping skills. This will show management that you are capable of handling office accounting and bookkeeping tasks efficiently. This course will provide guidance for a career in Bookkeeping and Payroll.
This bookkeeping course training program is a great opportunity to learn about the day-to-day tasks of a skilled bookkeeper. Learn how to keep track of company reports, manage balance sheets, and recognize various financial statements that may be relevant. You will gain the knowledge, experience, and confidence to make the first step towards becoming a competent and professional bookkeeper. Future Connect Training has them all if you are looking for the best beginner bookkeeping course on the internet!
Who is eligible to join?
This course is for small business owners and managers who want to set up a bookkeeping system that works. This course is for those who are interested in learning sage 50. No matter if you’re an existing user or a newcomer to sage 50, we will help you navigate the software from beginning to end. They will eventually be able to use the program on their own.
The Certificate in Bookkeeping & Payroll qualification does not have any specific entry requirements. The applicant must have basic literacy and numeracy skills before they can begin their studies in this field.
Expert support sessions are available on weekends and evenings. We offer flexible study hours and start dates. Our tutors are highly qualified and approved. They provide ongoing support and practical learning methods, even after the exams.
This bookkeeper training program in Uk is perfect for those who want to pursue more advanced studies. You can also want to put your new skills and talents into practice in a real-world setting. You can either look for a job as a boss or find freelance work. Future Connect Training offers a high-quality course in bookkeeping that will help you achieve your long-term career goals.
Course outline
Book keeping & VAT Returns
- Contents we are covering in this specific course are mentioned below
- Understanding overall purpose of bookkeeping
- Learning basic bookkeeping concepts such as debits, credits etc.
- Purpose of bookkeeping and what are the best practices in the work place as a bookkeeper
- Understand and maintaining purchase/sales ledger
- Setting up company on accounting software (Sage 50 Accounts, Xero, QuickBooks etc.)
- Update and choose the accounting period for the organization based on global accounting practices
- Setting up chart of accounts based on the organizational needs
- Understanding nominal code and nominal ledger
- Customizing the nominal Ledger
- Setting up Customer account in the accounting systems
- Generate and process customer invoices and credit notes
- Setting up Supplier account in the accounting systems
- Generate and process supplier invoices and credit notes
- Preparing reports for supplier / customer invoices
- Preparing aged debtors and aged creditors reports
- Understanding CIS deduction and calculations
- Dealing with cash payments and receipts
- Dealing with Bank payments, reconciliations, and petty cash
- Dealing with Reverse Charge and implication on VAT returns
- Understanding VAT Principles
- Analysis of different VAT Scheme cash rate, flat rate, and standard
- Preparing VAT
- Reconciliation of VAT
- Completing a VAT return
- Import and Export VAT analysis
- Submission Steps of VAT Return to HMRC
- Introduction to Making Tax Digital (VAT) scheme
Payroll
Software: Sage 50 Payroll
- Ascertaining gross pay, classifying taxable and NICable pay elements, calculating pay apportionments correctly
- Processing deductions and incorporate voluntary deductions and student loan payments into payroll systems
- Calculating National Insurance Contributions and PAYE
- Identifying different tax codes
- Calculating income tax
- Administering starters and leavers correctly, completing forms P45 and New Starter checklist correctly
- Issuing P60 forms
- Pensions and automatic enrolment
Overview of HMRC’s compliance role with statutory payments
- Outlining the arbitration route with statutory payment decisions
- Calculating and understating Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP), Statutory Paternity Pay (SPP), Shared Parental Pay (ShPP), Statutory Parental Bereavement Pay (SPBP)
- Processing payment and generating pay slips
- Submitting RTI reports to HMRC