Manual Bookkeeping Level 1

Bookkeeping Level 1, this home learning bookkeeping course is aimed at students looking to learn the process of manual bookkeeping for personal use and self development. The course provides a thorough and indepth insight for students who may wish to progress to further studies in the future. A perfect course for those students looking to dip their toes in at an affordable cost.

The course contains self testing exercises throughout in addition to a number of tutor marked assignments to ensure you are grasping the knowledge as required.
 

Module 1

Double entry bookkeeping
Revenue and capital items
The Journal
Balance ledger accounts

Module 2

Enter credit transactions into the ledgers
Parts of the ledger
Two column cash book
Analysed cash book

Module 3

Value added tax
Calculate VAT
Record VAT in the accounts
Vat inclusive figures
Trade and cash discount and its effect on VAT
Write off a bad debt, understanding the effects of VAT

Module 4 -

Day books
Payroll transactions
Errors of omission, commission, principal, original entry, reversal and compensation