Purchase Ledger
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Designed for:
Anyone who has a basic understanding of book-keeping techniques and who wants to learn how to maintain a Purchase Ledger.
Prerequisites:
A reasonable level of numeracy; experience of the Basic Book-keeping for Beginners course.
Objectives:
To learn the basics of maintaining a manual Purchase Ledger.
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Course Content
• Lesson 1: Introduction to credit purchases, purchase invoices, completing the Purchases Day Book
• Lesson 2: The purpose of keeping a Purchase Ledger, locating information to be recorded in the Purchase Ledger accounts, writing up Purchase Ledger accounts,
cross-referencing entries in the Purchase Ledger with the Purchases Day Book and Cash Book
• Lesson 3: Reconciling the information contained in a supplier’s statement, preparing a list of balances from individual Purchase Ledger accounts, writing up a Purchase Ledger Control Account, detecting errors between the Purchase Ledger Control Account and the Individual Purchase Ledger Accounts, Stock records, the importance of accounting for all VAT
Benefits
• Designed to follow on from the Basic Book-keeping course.
• The flexibility and value of a self-study course designed to enable you to work at your own pace.
• A personalised workbook to use as a reference guide on completion of the course.
• The opportunity to gain the widely recognised Pitman Training Certificate.
