Introduction to Accounts
Course: Introduction to Accounts
Duration: One Day
| Aims and Objectives of the workshop | Delegates will learn the basics of accounting terminology and methodology. The course will illustrate how accounting practice relates to Sage Accounting Programmes and will help students to understand how the programme deals with transactions. |
| Who should attend? | People who intend to use Sage Accounts and who have no knowledge of book-keeping and accounting. |
| Experience Needed | No prior experience of accounts is expected. |
Course Content
Accounts Terminology explained
- Debtors
- Creditors
- Fixed Assets
- Types of company (Ltd, Sole Trader, Partnership etc.)
- Simple methods of book-keeping
- Office systems and how they relate to accounts
Purpose and structure of Trial Balance
Purpose and structure of Profit and Loss account
Purpose and structure of Balance Sheet
Understanding Double entry book-keeping
- How does it work?
- Understanding Debits and Credits
Purpose and structure of Control accounts
VAT
- How VAT works
- Relationship to P/L and B/S
- VAT rates
Sage accounting
- Nominal Coding structure
- Control accounts
- VAT codes
*You can choose from the list to create your own course.