Bookkeeping is vital to any business because it makes it so much easier to budget. With your income and expenses properly organised, it’s simple to review your financial resources and costs. Without bookkeeping, companies would not be aware of their current financial position, as well as the transactions that occur within the company.
This course is structured around various scenarios which place you as a bookkeeper in various organisations and for self-employed individuals, and you are doing their bookkeeping, using a manual method. This course is useful if you want to learn more about manual bookkeeping, as well as if you want to have a better understanding of bookkeeping in general.
In this course, you will learn how to update the ledger accounts, how to take the end balances on the ledgers and use them to prepare a Trial Balance, how to prepare a Balance Sheet and a profit and loss account from the figures on the Trial Balance, you will also learn how to make an adjustment for bad debts and use the figures to prepare the figures for a VAT return.
What will I learn?
- Gain a better understanding of bookkeeping
- Learn how to prepare the financial documents
- Learn how to prepare a trial balance
- Learn how to prepare a balance sheet
- Who is it for?
- Method of Assessment
- Entry Requirements
- Career Path
Individuals who want to understand how manual bookkeeping is performed
In order to complete the course successfully, learners will take an online assessment. This online test is marked automatically, so you will receive an instant grade and know whether you have passed the course.
Upon the successful completion of the course, you will be awarded the level 2 Certificate in Manual Bookkeeping’ certificate accredited by CPD.
- Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
- A sound educational background is recommended
Once you successfully complete the course, you will gain an accredited qualification that will prove your skills and expertise in the subject matter. With this qualification, you can further expand your knowledge by studying related courses on this subject, or you can go onto getting a promotion or salary increment in your current job role. Below given are a few of the jobs this certificate will help you in, along with the average UK salary per annum according to http://payscale.com/
- Payroll Administrator - Up to £49k per annum
- Bookkeeper - Up to £44k per annum
- Account Clerk - Up to £ k per annum
- Office Administrator- Up to50£ k per annum
- Finance Manager - Up to £115k per annum
|1.1 Introduction to manual bookkeeping||00:06:00|
|1.2 Behind the scenes||00:03:00|
|Level II certificate in manual bookkeeping Booklet|
|2.1 Level II certificate in manual bookkeeping answer booklet|
|Level II certificate in manual bookkeeping Answers (Q1)|
|3.1 Q1 Task 1: Sales ledger control||00:06:00|
|3.2 Q1 Task 2: Purchase ledger control||00:03:00|
|3.3 Q1 Task 2: Bad debt||00:02:00|
|Level II certificate in manual bookkeeping Answers (Q2)|
|4.1 Q2 Task 1: Cash book update||00:11:00|
|4.2 Q2 Task 2: Bank reconciliation statement||00:05:00|
|Level II certificate in manual bookkeeping Answers (Q3)|
|5.1 Q3 Task 1: Trial balance||00:06:00|
|5.2 Q3 Task 2: Part 1 Enter opening balances||00:07:00|
|5.3 Q3 Task 2: Part 2 Enter data||00:08:00|
|5.4 Q3 Task 2: Part 3 Enter data for purchase ledger only||00:05:00|
|5.5 Q3 Task 2: Part 4 enter bank payments both sales ledger and purchase ledger||00:04:00|
|5.6 Q3 Task 2: Part 5 balance off both sales ledger and purchase ledger||00:06:00|
|5.7 Q3 Task 2: part 6 balance off just purchase ledger||00:03:00|
|5.8 Q3 Task 2: Part 7 enter bank transaction||00:05:00|
|5.9 Q3 Task 2: Part 8 vat ssrppr||00:11:00|
|5.10 Q3 Task 2: Part 9 balance off all accounts||00:07:00|
|5.11 Q3 Task 3: New Trial Balance||00:07:00|
|5.12 Q3 Task3: New trial balance part 2 debtors and creditors balance||00:05:00|
|5.13 Q3 Task 3: New trial balance part 3 add up the trial balance to balance||00:18:00|
|Level II certificate in manual bookkeeping Answers (Q4)|
|6.1 Q4 Task 1: Balance sheet||00:10:00|
|6.2 Q4 Task 2: terminology||00:04:00|
|Level II certificate in manual bookkeeping Answers (Q5)|
|7.1 Q5 Task 1: vat||00:06:00|
|7.2 Q5 Task 2: vat||00:04:00|
|8.1 Recap and where to go from here||00:01:00|
|8.2 Next steps||00:02:00|