Bookkeeping and Payroll

Course description

Why Take this course?
Do You want a Professional Diploma in Book-keeping and Payroll that will showcase your ability to contribute effectively and with confidence in the area of finance and accounting?.  Designed to enable you to develop your career with many opportunities in this field  or progress to further or higher education.

Do You want to gain the skills, knowledge and competence that will open up opportunities for work in accountancy support as a bookkeeper or as a payroll professional?

In a highly competitive market, employers recognise that employees with the right skills, qualifications and knowledge who can manage and process the important task of business payroll are a valuable asset and are essential to the success of their businesses.

What will You Experience?
You will be taught by an industry experienced professional teacher who will support, mentor and guide you to achieve your goals.

You will gain the skills and knowledge in Bookkeeping and Payroll using the industry standard Sage Professional Accounting and Sage Micropay Professional Payroll Software.

Book-keeping – Introduction
This module provides an overview of the learning objectives and an introduction to book keeping.

Nominal and Personal Ledgers

• Concentrating on the process for writing up transactions in the Nominal ledger and updating the personal ledgers.
• The module examines the rules for updating the ledgers and the classification of accounts, process of double entry and method of balancing accounts.
• Alternative layouts of accounts are also presented in this module.

Accounting Books

• This unit focuses on the purpose and structure of the Day Books.
• The method for writing up transactions and postings to the Nominal ledger.
• The structure examined includes accounting for Vat.
• The analysed daybooks are presented and source documentation used to update the daybooks are identified and studied.

The Cash Book & Petty Cash Book
Here we look at the two column and three column cash book layout and also concentrate on the Petty cash book. The procedure and process for updating both books are covered and the process of updating ledgers.

The Journal / Trial Balance / Reconciliation
This unit deals with recording of journal entries such as purchase fixed assets on credit, depreciation, bad debt write offs, credit control , interest charged to debtors, drawings by owner ( other than cash).

The Trial Balance
Here you will learn about the method used to extract a Trial balance.  The various methods to correct errors will be demonstrated and the idea of stock control and purpose of control accounts will be discussed.

Reconciliation Reports
We look at the various reconciliations that are completed periodically – bank reconciliation and debtors and creditors ledger reconciliations.

Entry Requirements
Open to all with an interest in bookkeeping and payroll and those seeking a change in career
A basic knowledge of computers
Competence in spoken and written English