IT Training Courses - Bookkeeping (SAGE Line50)

Introduction | Course details | Syllabus | Job Opportunites

Bookkeeping First Principles

Basic Records

• Need for Financial Records; Double-Entry Bookkeeping
• Discounts; VAT; Recording of Cach and Credit Transactions
• Business Documents; Internal Control
• Internal Checking of Documents
• Cash Books
• Bank Reconcliations
• Petty Cash

VAT

• Introduction to VAT
• Registration for VAT
• VAT Inovices; Retail Schemes
• Accounting for VAT
• VAT Returns
• VAT Returns - Further Matters; Rights and Penalties

Accounting Concepts

• General Introduction to Bookkeeping and Accounting
• Business Documents
• Day Books
• Journal
• The Cash Book
• Monies Received and Paid; Bank Reconciliations
• Ledger Accounts I
• Ledger Accounts II; Control Accounts

Computerised Bookkeeping

Microsoft Windows CD-based Training
At this stage the student will undertake various computer based tasks to become competent in windows skills before progressing to software specific training. Students may choose to undertake this section using one of the following Operating Systems:

• Windows 98
• Windows 2000
• Windows XP

This section of the course is provided to you on CD together with an instruction pamphlet. (Windows XP is in manual format) Below is the syllabus for the Windows 2000 manual, but if you choose a different version the content is essentially the same.

• Getting Started with Windows
• Desktop and Folder Windows
• Taskbar and Start Menu
• Working with Documents
• File Management
• Customising Settings

Sage Hands On Training
At this stage the student will receive the Sage Accounts & Payroll software on CD and will be required to complete a series of accounting exercises.

• Preparing the System
• Entering Routine Transactions
• Revision Using Dummy Source Documents
• Cerrection of Errors, Recurrng Entiries and Further Considerations
• Non-Routine Transactions and Month End Adjustments - Automatic
• Non-Routine Transactions and Month End Adjustments - Manual
• Additional Accounting Procedures
• Advanced Assessment Exercise

Computerised Payroll

Theory

• Introduction to Employment and Pay
• Statutory Deductions
• Statutory Sick Pay (SSP); Statutory Meternity Pay (SMP); Voluntary Deductions
• Payroll Procedures and Documents
• Methods of Payment
• Payments to Inland Revenue and End-of-Year Returns
• Company Information
• Pay Elements
• Employee Details

Hands On Training using Sage Payroll Version 12

• Getting Started
• Getting to Know Sage Payroll V12
• Key Security Measures
• Setting Company and Legislative Parameters
• Emplying and Setting up Your Employees
• Running The Payroll
• Recording Events
• Dealing with Statutory Sick Pay
• Dealing with Leavers and New Emplyees
• Dealing with Statutory Maternity Pay
• Dealing with Weekly Pay and Cash Payments
• More about Payments
• More about Deductions
• More about Changing Settings
• Other Functions & Year-End Procedures

Small Business Financial Management

Financial Tools for Managing a Business
Financial Accounts and Teir Interpretation

• Understanding Profit and Loss Accounts
• Understanding Balance Sheets
• Preparing Balance Sheets; Distinction Between Cash and Profit
• Interpreting Final Accounts

Small Business and The Inland Revenue

• Introduction to Business Taxation
• Allowable and Non-Allowable Expenses; Corporations Tax
• Capital Allowances
• Tax Returns

Costing and Pricing the Product

• Costs of Production, Selling and Distribution
• Marginal Costing and Breakeven Analysis
• Pricing and Product Mix

Working Capital Management

• Introduction to Working Capital Management
• Managing the Elements of Working Capital
• Credit Control
• Debt Collection
• Short-Term Business Funding

Financial Planning and Control

• Managing Cash Flow: Cash Forecasts/Budgets
• Short and Medium-Term Budgets
  
• Fixed and Flexible Budgets; Monitoring Performance Against Budget
• Business Planning
• Methods of Funding

Sage Line 50 Hands on Training

It this stage of the course you would be studying the Sage Line 50 program. By now you would have an advanced knowledge of bookkeeping and accounts which would make you eligible to be enrolled on the program allowing you to use Sage Line 50 software.

The exercises on this part of the course are of an advanced nature and you would need to complete the first part of the course on advance accounting and bookkeeping concepts before moving on to the tackling the hand-on-training section.

Due to the advanced nature of this part of the course there is the possibility of syllabus changes.

Primer

• Rial Balance; Suspense Accounts and Correction of Errors
• Bank Reconciliationsl Control Accounts
• Accounting Concepts and Conventionsl Accruals and Prepayments
• Final Accounts in Vertical Format
• Accounting for Bad and Doubtful Debts
• Depreciation of Fixed Assets
• Stock Valuations
• Manufacturing Accounts
• Accounting for Non-Trading Organisations

Financial Controller - Beginner's Stage

• Before You Start
• Program Basics
• Getting Started
• Account Names & Numbers
• Bank Receipts
• Bank Payments
• Financials
• Customers
• Suppliers
• Service Invoices
• Products
• Stock Control
• Product Invoices
• Product Credit Notes
• Reviewing Your Accounts
• Sending Statements
• Customer Receipts
• Customer Activity
• Purchase Invoices
• Supplier Payments
• More about The Nominal Ledger
• More about Bank Accounts
• Bank Reconciliation
• REcurring Entries
• Vat Returns
• Reports & Information
• The Activesetup Wizard

Financial Controller - Intermediate Stage

• Before You Start
  
• Getting Started
  
• Prepayments & Accruals
  
• Fixed Assets & Depreciation
  
• Delivery Addresses
  
• Entreing Purchase Orders
  
• Purchase Order Skeletons
  
• Processing Purchase Orders
  
• Product Records & Purchase Orders
  
• Boms & Product Transfers
  
• Product Pricing Options
  
• Entering Sales Orders
  
• Recurring Sales Order Skeletons
  
• Processing Sales Orders
  
• More about Sales Invoices
  
• Credit Control
  
• Using The Search Option
  
• Statements & Account Letters
  
• Late Payment Legislation
  
• Writing off Bad Debts
  
• The Sage Task Manager
  
• Paying Bills Using The Sage Task Manager
  
• The Activesetup Wizard

Financial Controller - Advanced Stage

• Before You Start
  
• Getting Started
  
• Importing Data
  
• Setting up Departments
  
• Setting Budgets
  
• Setting up Discounts
  
• Raising Quotes
  
• Creating Orders & Invoices from Quotes
  
• Proforma Invoices
  
• The Euro & Other Foreign Currencies
  
• Invoicing in Euros
  
• Receiving Payments in Euros
  
• Paying Foreign Currency Invoices
  
• Contra Entries
  
• Batch Payments
  
• Changing Posted Records
• Batch Changes & Global Changes
  
• The Opening and Closing Stock Wizard
  
• Report Designer
  
• Analysing Budgets & Departments
  
• Project Costing
  
• The Audit Trail
  
• Setting Passwords & Access Rights
  
• The Activesetup Wizard
  

Optional Computer Based Training to reinforce the Syllabus

At the conclusion of the Theory section of Small Business Financial Management,the student may apply to enter for the SBFM Diploma. The examination process consists of a series of Tutor Marked Assignments which will contribute to the overall examination.

Students may choose to undertake this course with or without practical classbased training. The student will not require practical training before the successful completion of the Computerised Bookkeeping, Computerised Payroll, Small Business Financial Management and Sage Line 50 sections of the course.

Practical training is designed to reinforce the syllabus and answer any questions the student may have on specific areas as a prelude to the final Diploma examination.

All arrangement for the use of computers for practical training will be carried out by the college. Details of convenient venues, dates and times for training will be arranged by the college and advised at this point.