Course Details

Practical Accounting is the routine manner in which the day-to-day financial activities of a business entity are gathered and recorded. A firm's accounting practice refers to the method by which its accounting policies are implemented and adhered.

Course Overview

Program Objectives

Candidates will be trained on the following tasks

• Set up companies
• Nominal Ledger, Nominal Code, Chart of Accounts
• Basic T Accounts Concept (Double Entry) & Computerised Accounts Double Entry
• Customers Accounts Setup
• Customers  Batch Invoices and Credit Notes
• Suppliers Accounts Setup
• Suppliers (inc. Invoices and Credit Notes)
• Bank Payments and Receipts
• Bank Reconciliation
• Error Corrections
• Reconciling and Closing
• Reports

Who Should Attend

• New accounting graduates wishing to be employees
• Employers that want to increase the skill base of their employees
• Employees that want to upgrade their skills
• Unemployed individual(s) looking to return to work
• Small business owners and managers wishing to develop their entrepreneurial skills
• Start-ups, Small and Medium size Enterprises that need help with their accounts

Course Outline:

• Prepare receipt voucher
• Prepare payment voucher
• Prepare journal voucher
• Prepare purchase orders
• Prepare sales quotations
• Bank Payments and Receipt
• Bank Reconciliation
• Prepare fixed assets register
• Post all financial transactions in ledgers
• Prepare trial balance
• Prepare financial statements

Career Path

Gain hands on experience Free after-training support and advice Develop employment skills Interviewing techniques and skills to gain Opportunity for work placement.