Purchase Ledger

Pitman Training's Purchase Ledger training course follows on from our
Basic Book-Keeping course and is aimed at people wishing to add a thorough knowledge of purchase ledger to their skill set.

This critically important topic is taught in only 10 hours at our Paddington training centre.

In three easy-to-follow lessons, you'll cover the following:

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.

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Category:	Purchase Ledger