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Bookkeeping

  • Sole Trader & limited CompaniesOpen or Close
    andidates will receive a hands-on training and will know how to perform the following tasks:

    Setting up companies

    Setting up a company either as a cash accounting scheme or a standard accounting scheme

    How and when to register for VAT

    Choosing the chart of accounts that suits the firm's needs and how to customize it

    How double entry is applied in accounting software and how to customize the nominal ledger and nominal codes

    Setting up customers accounts

    Process customers batch invoices, individual invoices and credit notes Suppliers accounts setup

    Processing suppliers invoices and credit notes

    Generate reports on invoices due, customer/supplier invoice activity

    Performing error corrections

    Allocating payments and receipts of cash in a business Allocating bank payments and receipts

    Allocating Supplier/Customer Payments and Receipts Performing bank reconciliation

    Processing the VAT return and reconcile the VAT return Submitting the VAT return to HMRC

    Knowing how to deal with other VAT issues

    Performing Debtor Analysis Credit control procedures

    Candidates will perform Computerised Book-keeping, Bank Reconciliation & VAT Returns for various industry businesses, gaining a greater insight into accounting up to trial balance

    Candidates will gain strong understanding of how to prepare client's account from incomplete records, using various accounting software

    Deeper understanding of VAT - Rules of registration and de-registration Reconciliation of VAT, Completing a VAT return.

    Import and export VAT analysis

    Calculating VAT for a business with mixed zero-rated and standard-rated sales, combining Sage and Excel

    Candidates will perform Excel Spreadsheet Book-keeping and Bank Reconciliation Candidates will gain an insight into how to deal with HMRC queries

    Performing Stock Control using Computerised Book-keeping How to keep a track of Stock movements extract Bill of materials.

    Candidates will perform sales order processing, purchase order processing and stock reporting.

    Invoicing from stock and updating stock records

  • Legal BookkeepingOpen or Close
    You will be required to:

    Understand Professional and Consumer regulation and what each authority represents.

    Understand the legal profession and how the "legal accounts department" operates.

    Understand the legal accounts process - New Matter Forms and looking after client funds.

    Understand the implications of what client money is, and how to handle it.

    Manage the holding of funds outside of the client account, recording receipts and transfers to and from deposit.

    Manage transfers between client ledgers.

    Account for interest and commission.

    Manage payments from the client account; reconcile the client bank account, handle residual balances.

    Handle mistakes and other issues

    Identify the difference between "Office Account" and "Client Account".

    Identify "Office Money".

    Record transactions.

    Understand how to deal with "Mixed Money".

    Understand disbursements.

    Client invoicing.

    Post Petty Cash.

    Deal with VAT, including VAT Bad Debt Relief.

    Post Credit Notes, Write offs and Bad Debts.

    Prepare for the Accountants Report.

    Post receipts from the Legal Services Commission.

    Keep accounting records for clients accounts.

    Understand the need for compliance with the "Solicitors Account Rules".

    Handle monitoring and investigation by the Solicitors' Regulation Authority.

    Prepare the Profit and Loss Account and Balance Sheet

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  • Quick Books Open or Close

    Fundamental Level 3 Months

    Additional Contents of Fundamental Level 3 Months After completing the 1 month Bookkeeping & Payroll Training candidates can gain higher level skills in the Fundamental level training.
    Candidates have the opportunity to master a Computerised bookkeeping and payroll package of their choice from Sage, Sage Payroll, QuickBooks, IRIS, TAS or VT.
    In addition to tasks completed in 1 month training, candidates have the opportunity to cover the following in Fundamental level training

    Performing Debtor Analysis Credit control procedures

    Candidates will perform Computerised Book-keeping, Bank Reconciliation & VAT

    Returns for various industry businesses, gaining a greater insight into accounting up to trial balance

    Candidates will gain strong understanding of how to prepare client's account from incomplete records, using various accounting software

    Deeper understanding of VAT - Rules of registration and de-registration

    Reconciliation of VAT, Completing a VAT return.

    Import and export VAT analysis

    Calculating VAT for a business with mixed zero-rated and standard-rated sales, combining Sage and Excel

    Candidates will perform Excel Spreadsheet Book-keeping and Bank Reconciliation

    Candidates will gain an insight into how to deal with HMRC queries

    Performing Stock Control using Computerised Book-keeping

    How to keep a track of Stock movements extract Bill of materials

    Candidates will perform sales order processing, purchase order processing and stock reporting.

    Invoicing from stock and updating stock records.

    Note: Our training is not broken down into any modules, we will train you from basic source data up until the VAT reconciliation, saving you hundreds of £££. Also the training is fully exible and will suit even people with the busiest schedule. We also offer other training and courses to fill in the gaps in your knowledge. Contact us for a free one to one consultation for advice on the best training to suit your specific needs. We pride ourselves on giving opportunities to those who have the determination and attitude to succeed at accountancy. We promise to inspire you and develop you on every step on the way, with regular feedback sessions and supporting services. Optional Module You can choose 1 Additional Module from 10 options. Please see page number 00 for complete list.

    Fundamental Level 3 Months

    Benefits of practical Training

    GUARANTEED WORK PLACEMENT either in our accountancy practice or with our clients.

    In-house recruitment facilities

    Certification on completion provided by KBM Certified Chartered Accountants and Registered Auditors

    Reference provided by KBM Certified Chartered Accountants and Registered Auditors

    Counts towards your experience necessary for ACCA, AAT, FIA, CIMA, CIPFA or any other accountancy organisation's memberships

    FREE complete preparation for the OCR qualification*

    One to One CV Consultations and Mock Interview Sessions

    Pre-interview screening tests, increasingly used by employers to select candidates

    Interview Preparation

    Job Hunting tips

    Free Sage or QuickBooks software (Worth over £900)

    Each training session has a few candidates delivered in a friendly and relaxing environment, which gives candidates the opportunity to ask questions and raise issues freely. You can be assured that you will receive one to one individual attention from our team. Suitable for The 3 Months Fundamental level is ideal for:

    Those who have no prior experience or qualification in accountancy

    Candidates currently studying ACCA, AAT, FIA, CIMA, CIPFA or other accountancy and payroll qualifications but have no practical accountancy and payroll experience

    Candidates with overseas accounting and payroll experience but not within the UK

    Candidates new to Computerised accounting and payroll

    Candidates new to accounting and payroll, looking forward to maintaining their own accounts and payroll records to reduce their costs

  • Bookkeeping Training in following softwareOpen or Close
    • Software
    • Quickbooks
    • VT
    • IRIS
    • TAS Books
    • Peach Tree
    • Excel

Practical Accountancy Training and Work Expereince