Book Keeping

Categories: Business
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About Course

The course teaches the fundamentals of bookkeeping by explaining its underlying principles. Experienced Bookkeeping trainers deliver all training. The course is delivered in English, and the international standards of Finance are used. The course focuses more on posting information into the financial system at work.

  • Practical capabilities in Finance and Bookkeeping
  • Understanding Bookkeeping and Financial Concepts for practical use at work
  • Our trainers are accountants so that you will benefit from their expertise
  • The course will enable you to interact effectively with the Finance team and systems at work

Course Content

Introduction to bookkeeping

  • bookkeeping
    00:00
  • Importance of bookkeeping
    00:00
  • Methods of Bookkeeping
    00:00
  • How to Record Entries in Bookkeeping
    00:00
  • Financial statement
    00:00
  • Bank Reconciliation
    00:00
  • Summery
    00:00

Accounting Method Concepts and Standard
Topics to be covered in this topic: What Makes Choosing the Right Method Important? Cash-Based Accounting The Pros and Cons of Cash Accounting When is Cash Accounting Appropriate to Use? Accounting that is Done on an Accrual Basis The Advantages and Disadvantages of Using Accrual Accounting When is the Method of Accounting Known as Accrual Used? Knowing the Difference is Key Summary

Types of Bookkeeping Services
Topics to be covered in this topic: Single-Entry System The Double Entry System Virtual Bookkeeping Summary

Keeping Track of Business Finances
Not only is it necessary by law to keep track of your company's finances, but it also benefits corporate growth. Therefore, we have provided you with five of the greatest invoicing advice on how to manage business money in order to prevent lawsuits and grow your company at the same time. Because without a distinct goal in sight, even crucial activities seem pointless. Topics to be covered in this module: The Best Five Ways to Manage Your Finances The Value of Monitoring Business Expenses and Revenue Tracking Joint Expenses Tracking Business Expenses How Can Business Finance Be Managed? Summary

Understanding Balance Sheet
An income statement, a cash flow statement, and a balance sheet are the three basic financial statements that every corporation must have. Particularly the balance sheet is a useful tool. By tracking your assets, liabilities, and shareholder or owner equity, it reveals your company's net value and overall financial health. When you become proficient at reading your company's balance sheet, you will be able to accurately evaluate its performance, optimise your finances, and even gain access to funding, loans, and other types of credit. Topics to be covered in this lesson: What is the Meaning of a Balance Sheet? The Purpose of a Balance Sheet How Does a Balance Sheet Work? What Exactly is the Difference Between an Income Statement and A Balance Sheet? What are the Reasons Behind the Significance of Having a Balance Sheet? What Exactly are the Assets? What Exactly are These "Liabilities"? What Exactly is Equity? Summar

Financial Statements
A financial statement will give your company with greater internal transparency regarding the state of its finances. Alternatively, it may serve as a crucial piece of evidence when you are trying to attract investors or speaking with business experts. It is also possible for it to play an important role in the accounting processes you carry out. We are going to walk you through the four most common types of financial statements as well as the fundamentals of what constitutes financial reporting for any UK-based company. Topics to be covered in this lesson: What is Financial Statement? What are the 4 Types of Financial Statements? Balance Sheet Income Statement Cash Flow Statement Notes Financial Reporting: What is It? Financial Reporting Formats Summary

Purchase Order Tracking
Purchase orders, also known as POs for their common abbreviation, are essential papers for companies. These forms include essential information that connects each stage of the transaction to the order fulfilment process. As a result, managers are required to execute tracking of purchase orders in order to have complete control and transparency over these activities. Because of this approach, businesses are able to monitor the progression of their purchase orders, which helps to ensure that procurement processes are carried out in an accurate and effective manner. Topics to be covered in this lesson: What is Purchase Order Tracking? How Purchase Orders are Traditionally Tracked Reasons Why Tracking Purchase Orders Manually Is Not Sufficient How to Electronically Implement Purchase Order Tracking Advantages of Employing Automated Methods When Keeping Tabs on Purchases Summary

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