Introduction to Bookkeeping

Bookkeeping is essential for the successful running of any business. Being a bookkeeper means you are officially collecting and creating a record of all the financial transactions of a business. You will have to track all the spending made by the company, collate them in a journal or a software program and develop financial reports based on that information. Most financial information may be accounted through payments, receipts and invoices.

This course will help you learn and develop the principles, techniques and procedures of general bookkeeping. You will also be knowledgeable in maintaining account balances and presenting an updated status of financial statements through various preparations such as tabular form or in charts. Identify the techniques in dealing with financial paperwork and filing including maintaining financial records and being organised in recording data.

Bookkeepers are in demand and are needed in various industries that have financial records to be maintained. You may work as a freelance for multiple companies or working full-time for only one company; you may work for both the public and private sector; or work for large-scale companies, small to medium enterprises or have a business of your own to run and maintain. All the skills needed for you to work efficiently and accurately are mentioned in this course. At the end of this course, you will be able to apply said skills to handle all financial transactions, keep records up to date, issue financial statements and produce reports that are constructed from collected data.

Unit 1: Introduction to bookkeeping
Unit 2: Working within bookkeeping
Unit 3: Banking procedures
Unit 4: Recording receipts and payments
Unit 5: Recording and processing bookkeeping documents
Unit 6: Recording credit transactions
Unit 7: Making and receiving payments
Unit 8: Maintaining petty cash records
Unit 9: Recording routine bookkeeping transactions using a computerised system
Unit 10: Preparing and recording sales and purchase documents using a computerised system