Bookkeeping Training Course and Workshop in Bangalore, Mysore, Chennai, Hyderabad, Pune, Mumbai, Delhi, Noida, Gurgaon, Kolkata

Program Overview

The Bookkeeping training course provides the skills and knowledge required to work effectively in entry-level bookkeeping and accounting roles. In this comprehensive course, you will learn how to reconcile and monitor financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action and remit payments to sundry creditors. This course covers the use of a common range of calculation methods and techniques for conducting routine financial calculations and transactions. You will learn to develop a range of commonly required financial reports for entities that do not have a statutory duty to file financial reports with government agencies and regulators.

The course covers how to establish debtors and creditors, bad debt and contra entries, perform reconciliations, review compliance terms and conditions, plan a recovery action and prepare reports. You will also learn how to process business taxation requirements related to Business Activity Statements (BAS) and Instalment Activity Statements (IAS), including the completion of Activity Statements. Finally, you will learn to record and prepare payroll documentation, deal with enquiries in regard to payroll, and process payroll from provided data in manual or computerised payroll systems.

Develop a professional working relationship with relevant parties

Ethical principles and practices

Legislative, statutory, regulatory and industry requirements

Publications and software tools

Carry out research to identify compliance requirements and support materials

Set up and maintain appropriate systems to meet compliance requirements

Identify relevant information and establish a chart of accounts

Analyse and verify source documents

Discrepancies between monies owed and monies paid

Process receipts and payments

Set up and maintain a petty cash system

Process and reconcile credit cards

Manage bank reconciliations and prepare and produce reports

Manage the chart of accounts

Process invoices, adjustment notes and other general ledger transactions

Manage contra entries

Identify and process bad debts

Manage debt recovery

Prepare and produce reports and trial balance

Identify individual’s compliance and other requirements

Recognise and apply GST implications and code transactions

Report on payroll activities

Report on other amounts withheld, Pay As Participants Go (PAYG) instalments and taxes

Complete and reconcile the Activities statement

Lodge activity statement

Record payroll data

Pay period details

Deductions and allowances

Payroll preparation

Employee entitlements

Handle payroll enquiries

Maintain payroll

Review accounts receivable process

Identify bad and doubtful debts

Review compliance with terms and conditions and plan recovery action

Prepare reports and file documentation

Distribute creditor’s invoices for authorisation

Remit payments to creditors

Prepare accounts paid report and reconcile balances outstanding

Obtain data and resources for financial calculations

Select appropriate methods and carry out financial calculations

Check calculations and record outcomes

Implement an integrated accounting system

Process transactions within the system

Maintain the system

Ensure system integrity

Maintain asset register

Record general journal entries for balance day adjustments

Prepare final general ledger accounts

Prepare end of period financial reports

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Bookkeeping

COURSE AGENDA