Manual Bookkeeping Course, Advanced Module 3
Aimed at those who have already passed modules 1 and 2, this manual bookkeeping course is the final step before learning Sage Line 50.
This fascinating bookkeeping course will take the average student 18 hours to complete at our Notting Hill, High Holborn or Manchester training centres and covers part of the OCR and IAB Level 2 book-keeping examination requirements, as well as enabling those running a small business to keep accurate
accounting records and prepare
financial statements.
This programme will give you the confidence to prepare and understand the balance sheet and profit and loss account.
To make sure it's the right level for you, why not visit us to sample it, free?
To arrange your visit, just call our friendly Course Advisors:
Notting Hill - 020 7792 5214
Holborn - 020 7025 4700
Manchester - 0161 923 6814
What Is Covered.
You'll enjoy 6 key lessons in this comprehensive bookkeeping training programme:
• Lesson One – Preparing a Trial Balance from the ledger accounts as well as from a list of account balances, using the Journal to correct errors not disclosed by the Trial Balance, preparing a revised Trial Balance following the correction of errors
• Lesson Two – Using the Journal to start up a new set of double entry accounts, knowing how to write off bad debt, including any associated VAT, the purpose of a suspense account, using the Journal to correct errors and clear a suspense account, demonstrating the ability to make journal entries and adjustments and produce a revised Trial Balance
• Lesson Three – Recognising the format used when extending the Trial Balance, categorising items of income and expenditure, calculating depreciation, accruals and prepayments, calculating the value of stock consumed, using the journal to record year-end adjustments
• Lesson Four – Transferring the year-end adjustments to the Extended Trial Balance, distinguishing between the different type of account, extending the balances from the Trial Balance columns to either the Profit and Loss or Balance Sheet columns, calculating the profit, or loss, of the business
• Lesson Five – Preparing a Profit and Loss account and Balance Sheet, calculating the gross profit percentage, knowing how to calculate the mark up percentage
• Lesson Six – Closing off the ledger accounts at the end of the accounting period, recognising when a balance is to be carried forward to the next accounting period and when it is to be transferred to the Profit and Loss account, demonstrating the ability to extend a Trial Balance and prepare the financial statements of a business
How This Book-keeping Course Works.
You can start this bookkeeping course at any time and study at hours to suit you. We're open Monday to Thursday from 09:00-20:00; Fridays from 09:00-16:30 and Saturdays from 10:00-16:00.
You choose your own study hours!
You'll enjoy self-paced training using high quality audio and training materials under the supervision of our friendly, experienced staff who are dedicated to helping you.
You can even sample the course, free, before making up your mind whether it's right for you.
To find out more or to book your free sample visit, just call us:
Notting Hill - 020 7792 5214
Holborn - 020 7025 4700
Manchester - 0161 923 6814
Or contact us by email.
We're looking forward to hearing from you!
How To Book Or Find Out More.
If you'd like to book this course or simply just find out more about it, call our friendly Course Advisors:
Notting Hill - 020 7792 5214
Holborn - 020 7025 4700
Manchester - 0161 923 6814
Or contact us by email.
And don't forget that what makes us different from most training providers is that we encourage potential students to try our courses, free, before making up their minds?
Why don't you try it?
read more »
Advanced Bookkeeping Course
Aimed at those who have already passed modules 1 and 2, this advanced bookkeeping course provides you with a solid platform upon which to learn Sage Line 50. By providing our students with the confidence to prepare and understand balance sheets and profit and loss accounts, this course may also be extremely beneficial to anyone running a small business, in order to help them keep ahead with preparing financial statements and maintain accurate accounting records.
Covering part of the OCR and IAB Level 2 bookkeeping examination requirements, this nationally recognised advanced bookkeeping course is an essential addition to the CV of anyone looking to secure a position in bookkeeping or accounting and can be obtained in just eighteen hours. We even give you the opportunity to start straight away. Or if you’re unsure about whether this is the right course for you, feel free to phone us and arrange a free trial session!
Experience top quality IT, audio and training materials in any of our conveniently located training centres, in Holborn, Notting Hill and Manchester. Our long opening hours make it easy for you to fit your advanced bookkeeping course around your other commitments. By selecting your own study time, you progress at your own pace, moving forward only when you have fully understood each topic.
Understanding Profit and Loss
In the advanced module of this bookkeeping course, you will participate in six interesting core lessons that we feel most benefit your understanding of profit and loss. These six key lessons cover a diverse range of topics, including preparing a Trial Balance, understanding profit and loss accounts, and using the Journal. Not only does each of these subjects teach you valuable skills in bookkeeping, they also ensure you are well equipped for everyday life, such as advice on how to write off bad debt.
Each module has practical duties integrated along the way to help you fully understand each step before continuing. For example in the second lesson, our expert tutors will show you how to use the Journal to correct errors and clear a suspense account, as well as how to use the Journal to start up a new set of double entry accounts. We help a large number of students graduate each year, and over this time we have become experts on what employers and recruitment companies seek from possible employees. Demonstrating the ability to carry out important duties such as making journal entries and preparing and understanding profit and loss accounts, will not only improve your CV, but help you progress once you are in a bookkeeping role.
Because we realise that understanding profit and loss can seem like a difficult task to digest by yourself, you can rest assured that at our training centres there are always friendly, supportive staff on hand to help if you face any difficulties.
