Further Details
On completion of this course learner will be able to:
Apply double entry bookkeeping techniques correctly
Record sales details in the Sales Ledger and Debtors Control Account
Record purchase details in the Purchase Ledger and the Creditors Control Account
Record all VAT transactions
Construct a Trial Balance to check the accuracy of your account entries
Derive and interpret the Profit and Loss Account and the Balance Sheet for your business
Record pre payments and accruals correctly
Apply the concepts of depreciation to fixed assets
Account for bad debts
Construct a Bank Reconciliation Statement
Modify the Profit and Loss and Balance Sheet to account for bank reconciliation adjustments
Apply some common performance measures to your business
You will also be able to use Sage Line 50 to:
Topics Covered
Construct your customer and supplier records
Post invoices, payments and receipts
Produce a Trial Balance, Profit and Loss Account and Balance Sheet
Post prepayments, accruals, depreciation and bad debts
Carry out a bank reconciliation
Check the liquidity position of the business
Guide price
£500 + vat |
