This course is about acquiring and developing the skills required to perform all of the basic bookkeeping needs of a business. It covers learning how to create accounting systems and policies and preparing financial statements in order to deliver professional bookkeeping services.
Who it’s for
This course is for people who need an understanding of the fundamentals of accounting for use in a small business and it is an ideal preparation for employment as a professional bookkeeper.
What you need to know already
There are no prerequisites for this course.
What you will learn and be able to do
Double-Entry Bookkeeping and Reports
Exploring the MYOB Accounting software
Cash Accounting using the “Banking Command Centre”
Reconciling your Cheque Account
File Management and Error Correction
Setting up a data file using Cash Accounting
Entering Cash Receipts and Cash Payments in a Cash Accounting system.
Preparing Bank Reconciliation
Reconciling Petty Cash and Credit Cards
Printing financial reports
Reconciling GST and entering BAS payment to the ATO
Adjusting a Cash Accounting File to include Debtors & Creditors (Accrual)
Processing Accounts Receivable
Processing Accounts Payable
Using Inventory
Reimburse and reconcile Petty Cash
Using Contact Logs to note phone calls re overdue accounts
Handling a Contra Entry
Handling an Overpayment of account
Handling Refunds
Following up overdue accounts
Accounting for Bad Debts
Printing Customer Statements
Reconciling Bank and Credit Card Statements
Calculating Annual GST Turnover
GST Reporting
Preparing the Business Activity Statement
End of Year Procedures and Adjustments
What you will receive
Upon completion of the Advanced Bookkeeping course assessments you will receive the following nationally accredited Units of Competency:
FNSICIND401B Apply principles of professional practice to work in the financial services industry
FNSICGEN301B Communicate in the workplace
FNSICGEN302B Use technology in the workplace
FNSICGEN304B Apply health and safety practices in the workplace
FNSBKPG401A Develop and implement policies and practices relevant to bookkeeping activities
FNSBKPG402A Establish and maintain a Cash Accounting System
FNSBKPG403A Establish and maintain an Accrual Accounting System
FNSICCUS401B Deliver A Professional Service To Customers
Bookkeeping Essentials
What it’s about
This course is about acquiring and developing the skills required to perform all of the basic bookkeeping needs of a business. It covers learning how to create accounting systems and policies and preparing financial statements in order to deliver professional bookkeeping services.
Who it’s for
This course is for people who need an understanding of the fundamentals of accounting for use in a small business and it is an ideal preparation for employment as a professional bookkeeper.
What you need to know already
There are no prerequisites for this course.
What you will learn and be able to do
What you will receive
Upon completion of the Advanced Bookkeeping course assessments you will receive the following nationally accredited Units of Competency:
$209 incl. GST With Skills Victoria Funding Check eligibility
$849 incl. GST Full Fee (Distance Learning)
$1649 incl. GST Full Fee (Classroom Learning)