Buying for a team?Choose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant. Develop practical knowledge and confidence in Basic Bookkeeping. Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and... Why this course matters This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together. What you will gain Build a practical understanding of the key concepts covered in Basic Bookkeeping. Recognise where the topic applies in real workplace or business situations. Apply the methods and good-practice approaches covered in the course with greater confidence. Who is this course for? This course is suitable for business professionals, administrators, managers and learners who want practical workplace skills they can apply immediately. Course at a glance Format: self-paced online learning. Professional development: CPD course. SSLU09 Basic Bookkeeping Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers.Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping! Completing this course will confer 2 CPD Credits towards internationally recognised Continuous Professional Development Requirements within organisations operating this kind of staff development methodology. Course Outline SSLU09 Basic Bookkeeping Module One: Getting Started Module Two: Basic Terminology (I) Balance Sheet Assets Liabilities Equity Income Statement Revenue Cost of Goods Sold Expenses Accounting Period Review Module Three: Basic Terminology (II) Accounts Receivable Accounts Payable Depreciation General Ledger Interest Inventory Journals Payroll Trial Balance Review Module Four: Accounting Methods Cash Method Accrual Method Differences between Cash and Accrual Module Four: Review Questions Module Five: Keeping Track of Your Business Accounts Payable Accounts Receivable The Journal The General Ledger Cash Management Module Five: Review Questions Module Six: Understanding the Balance Sheet The Accounting Equation Double-Entry Accounting Types of Assets Types of Liabilities Equity Review Questions Module Seven: Other Financial Statements Income Statement Cash Flow Statement Capital Statement Budget vs. Actual Review Questions Module Eight: Payroll Accounting / Terminology Gross Wages Net Wages Employee Tax Withholding"s Employer Tax Expenses Salary Deferrals Employee Payroll Employee Benefits Tracking Accrued Leave Government Payroll Returns/Reports Review Questions Module Nine: End of Period Procedures Depreciating Your Assets Reconciling Cash Reconciling Investments Working with the Trial Balance Bad Debt Posting Adjustments and Corrections Review Questions Module Ten: Financial Planning, Budgeting and Control Reasons for Budgeting Creating a Budget Comparing Budget to Actual Expenses Review Questions Module Eleven: Auditing What is an Audit? When and Why Would You Audit? Internal External Review Questions Edit Objectives Continue your learning Part of this learning pathway: Administrative Skills Course pathway: eBSI SME Academy > Administrative Skills > Basic Bookkeeping Explore more Administrative Skills training or return to the eBSI SME Academy.