Practical Bookkeeping & VAT Training
1-2-1 Training, Fully Flexible, Training under Qualified Accountants
Professional Careers Training & Recruitment
Summary
Flexible Instalment payment plans are available
- Tutor is available to students
- Job guarantee programme is included in this course
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Overview
In our Practical Accounting Training, we go beyond theoretical knowledge, focusing on practical applications that mirror the challenges faced in professional accounting roles. Our expert trainers guide through real-world scenarios, enabling to develop skills in financial statement analysis, budgeting, and financial reporting. Hands-on experience with industry-standard and, ensuring that not only understand the concepts but can also navigate the tools essential for modern accounting practices.
CPD
Description
Bookkeeping & VAT Training
- Set up a supplier list.
- Posting supplier invoices, credit notes and posting supplier payments.
- Generating aged creditors reports
- Modification and revision of supplier accounts and details
- Checking supplier activity.
- Set up a customer list.
- Setting up Charts of accounts and creating nominal codes based on company needs.
- Understanding nominal codes and nominal ledger
- Customizing nominal ledger accounts.
- Creation and main balance of credit notes, invoices and purchase order for clients.
- Editing and updating client accounts information.
- Tracking of client receipt and performance of aged debtor reports.
- Checking customer accounts activities.
- Entering & importing Banking/ Petty Transactions.
- Allocating cash payment and receipt.
- Allocating Bank payment and receipt
- Performing Bank Reconciliation and petty cash reconciliation.
VAT Return Module
- Learning advanced VAT concepts.
- Generating VAT Return.
- Understanding of VAT Calculation.
- Understanding VAT Boxes.
- Reconciliation of VAT Return.
- VAT Return deadline and penalties.
- How frequently we can submit our VAT Return?
- Understanding of VAT Calculation.
- Submission of VAT Return to HMRC.
- Import and export VAT analysis.
- Administration and record keeping of VAT.
- Compliance with different VAT Scheme such as Standard/ cash/ Flat rate
Who is this course for?
1- Candidates who are having trouble finding permanent employment in accounting.
2- Candidates want to change their career path into accounting with no experience.
3-Experienced Candidate looking for an upskilling career in accounting.
4-Aspirant Chartered Accountants Looking to study AAT, ACA, IAB, ACCA, CIMA.
Requirements
There are no requirements, No prior experience is required. Instead, our online Bookkeeping course is suitable for beginners. Additionally, it's suitable for those with some background in Bookkeeping.
Career path
Sales Ledger Clerk, Purchase Ledger Clerk, Bookkeeper, Accounts Payable, Accounts Receivable, VAT Manager, Billing Clerk
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.