Cents & Accountability

 

BASIC BOOKKEEPING COURSE

Delivery method: One-on-one training

Course Outline:

·         Bookkeeping Concepts

Familiarise yourself with different types of accounts, the double entry system, Trial Balance, Income Statement, Balance Sheet and types of companies.

·         Dealing with Cash, Customers and Suppliers

Understand, practice completing and recording receipts, deposit slips, cheques and EFT payments. Working with the Cash Book, posting journal transactions to the General Ledger, completing VAT returns, completing purchase orders and briefly explore customer credit policies.

Training

·         Petty Cash and Customer Processing

This lesson will show you how to work with petty cash, draw accounts as well as petty cash withdrawals, balancing and processing the sales journal.

·         Bank and Stock

This will help you to overview the bank statements, the inventory, the quotation, sales order and fill in a tax invoice.

·         Value Added Tax

This lesson will explain what VAT is, how to register for VAT, how to cancel a registration, and how to do your tax periods.

To book:

 

Prerequisites: The student must be computer literate and must have an understanding of basic accounting principles. No knowledge of software is required.

Delivery method: One-on-one training

Course Outline: Using Pastel Xpress or QuickBooks software, students that completed this course should be able to (see detailed outline on next page):

·         Overview

·         Open and set-up a new company

·         Create a chart of accounts

·         Create customers and suppliers

·         Create inventory

·         Create cashbooks

·         Process journals and cashbooks

·         Process a bank reconciliation

·         Tax processing

·         Generate reports

·         Management reports

To book:  http://www.centsaccountability.co.za/

·         PAYE (Pay As You Earn)

·         SDL (Skills Development Levy)

·         VAT (Value Added Tax)

·         UIF (Unemployment Insurance Fund)

·         Provisional Tax Returns

·         Company Tax Returns

·         Individual Tax Returns

 

In order help organisations achieve these objectives we can perform the following tasks:

·         Maintain your payroll master information.

·         Calculate the relevant statutory reductions.

·         Prepare monthly payroll slips.