BOOKKEEPING MANUAL & COMPUTERISED
This course enables the learners to acquire skills and practical knowledge of basic bookkeeping. At the end of the course is expected from students understanding of the following:
- Record business transactions
- Post to the ledgers and draw up a trial balance using both a manual and a computerised accounts package
- Data accuracy and confidentiality in financial transactions
- Debit, Credit, Debtors and Creditors, Double Entry Bookkeeping; Books of First Entry, Ledgers, Trial Balance, VAT, etc.
- Summary of Cash Payments in the Petty Cash
- Period Trial Balance
- VAT Return
- Summary of Supplier Activity
- Summary of Customer Activity
- Nominal Account Activity
- Possible career paths include: Bookkeeper, credit controller, finance assistant or finance administrator across multiple industries.
Learning Outcomes Learners will be able to:
- Explain the key terminology associated with the recording and maintenance of bookkeeping records, using manual and computerised systems.
- Outline the advantages and disadvantages of a computerised system over a manual one for record-keeping purposes.
- Complete the books of first entry with appropriate VAT and departmental analysis from the information contained in a range of source documents to include; invoices, credit notes, bank records, petty cash vouchers.
- Post the information from the daybooks to the appropriate accounts in the ledgers.
- Extract a trial balance at the end of an accounting period.
QQI Level 5 Bookkeeping Manual & Computerised Minor Award
The purpose of this award is to equip the learner with the knowledge, skills, and competence to produce and maintain accurate bookkeeping records for a range of organisations, using manual and computerised systems.