Description The training course will provide students with the necessary skills to understand the basic accounting principles and to compile financial records and interpret the financial statements. Students, financial clerks and entrepreneurs will be able to apply the basic accounting principles in their studies/work place/business. The course consists of 9 videos with examples and explanations. At the end of the training students should be able to: Understand the basic accounting principles Compile financial records Compile financial statements Analyse financial statements Course Outline What is accounting Accounting is mathematics Double entry system Examples Value Added Tax & Accounting Cycle What is Value Added Tax Calculate VAT Examples Accounting cycle Sales Journal, Purchase Journal & Petty Cash Sales journal, debtors ledger & general ledger Purchase journal, creditors ledger & general ledger Petty cash journal & general ledger Cash Book & Bank Reconciliation Cash book journals, debtors ledger, creditors ledger & general ledger Bank reconciliation Journals & Loans General journal Debtors journal Creditors journal Long term loans Calculate interest Account for loans Fixed Assets Acquiring of assets Disposal of assets Depreciation calculation Trial Balance, Income Statement & Balance Sheet Post from the general ledger to the trial balance Compile and Income statement / statement of income Compile a balance sheet / statement of financial position Comprehensive Exercise Detail discussion on how to account for transactions in an accounting system and to compile an income statement and balance sheet

PayPal For (Beginners): Fast Track Training Looking to grow your business online? Brand New Over-The-Shoulder Video Series On How Start Accepting Payments From Paypal. Everyone knows what PayPal is. You’ve probably used it to buy things online and to pay for auctions. Did you know that PayPal can also be used to accept credit cards at your site? You don’t need to use an expensive merchant account that’s extremely difficult to set up. PayPal has you covered, and you can do more than peer to peer payments. Set Up Your Own Shopping Cart Having a shopping cart on your site is extremely important. You need to make sure that the customers can buy when they’re ready. You don’t want them to have to go through unnecessary processes that will make buying too tricky. People want to buy and pay for the item when they see it. If you make them jump through too many hoops, they’ll buy from another site. You’d do the same thing, and that’s the truth. Sell Digital Products Quickly And Easily Everyone knows that digital products are big money makers. You need to act when the iron is hot. Instant downloads are so important if a customer has an interest in what you have to sell them. No one wants to wait hours or even days for a download link to be sent to them. They want to download the digital product within moments after paying. Using Paypal will make it happen, and it’ll all be effortless. The customer will have their product, and you’ll get paid for it too. Paypal Is A Name Everyone Trusts When was the last time you gave your credit card information to a payment processor that seemed sketchy at best? Everyone at some point has done it while hoping nothing bad happens to their card. Customers trust PayPal, and they’re familiar with their services. Your customers will trust the PayPal logo and know they’re protected. PayPal is accepted worldwide and everyone who shops online knows who they are. Introducing… PayPal For (Beginners): Fast Track Training How To Accept Payments With Paypal There’s nothing like this video series. Watch as I show you the how you can easily get started with paypal as a vendor. In this video training I reveal all my best tips to you on what I do and what are the tools I use to get it done fast. There will be no guesswork. All you need is just a short hour of your time to learn everything and you’d be ready to get started with it instantly. We Take The Confusion Out Of The Entire Process There’s a lot to learn when it comes to accepting credit cards on your site using PayPal. No one is going to say that you’re going to learn it in a mere matter of minutes. However, our videos explain everything in a very easy to follow format. You’ll have your very own e-commerce site up and running accepting PayPal. Customers will be able to pay you using their credit card, and you’ll receive their payments quickly and efficiently. PayPal makes running a business online easy, and our videos will answer any questions that you have. Sign up for this training today and make your future as bright as it possibly can be. PayPal For (Beginners): Fast Track Training. See The Course Training Videos Below: 1 - Overview 2 - Account Fees and Account Types 3 - Terms of Service 4 - Account Opening 5 - Profile Account Settings - Part 1 6 - Proifle Account Settings - Part 2 7 - Profile Account Settings - Part 3 8 - Funding Account Set Up 9 - Profle Account Settings & Payment Preferences 10 - Adding Funds To Your Paypal Account 11 - Requesting Funds Through PayPal 12 - Transferring Funds Through PayPal 13 - Sending Funds With PayPal 14 - Mobile App Set Up 15 - Making Payments With PayPal 16 - Business Set Up - Sending Invoices 17 - Business Set Up - Selling on a Marketplace 18 - Business Set Up - Selling On Your Website 19 - Getting Help From PayPal 20 - Conclusion -------------------------------------------------------------------------

GnuCash Bookkeeping Software course is about how to use GnuCash based on the most popular functions which you as a GnuCash systems operator needs to know how to use, in order to be proficient in using the software. The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you: Read the task Watch the video Have a go at it yourself on your own system Rewatch the video (if necessary) - to reinforce the learning You'll learn how to set up the GnuCash accounting system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things. This is a useful course if: You are thinking of working with the software, You are going for jobs which have a requirement for you to be able to use this software You want to put this skill on your CV, or You are a bookkeeper or accountant and will be using this for clients or even You run your own business and want to know how to use GnuCash for yourself. You will need to have access to GnuCash. You can sign up to the GnuCash site to get a free trial. We give you the link in lecture one and show you how to do this. The instructor is usually online to answer student queries for 2 hours each day. The course materials includes the handout of the assignment task. Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts. The course will take about 4-5 hours to complete.

Master budget construction, including demonstration problems, excel worksheets, practice test questions, discussion questions, and a comprehensive problem we work together using Excel in a step by step format. The course will provide a managerial accounting overview, comparing managerial accounting and financial accounting, and providing essential managerial accounting tools we will need in the budgeting process. We will discuss methods of budget timing and the pros and cons of each technique. The course will discuss the characteristics and functions of the budget committee. We will discuss the components of a master budget and break it out into its parts, listing the order that those components need to be completed in. The course will discuss how to put together a sales budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will discuss how to put together a production budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. The course will discuss how to put together a materials budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will discuss how to put together a direct labor budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. The course will discuss how to put together a factory overhead budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will discuss how to put together a general and administrative budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. The course will discuss how to put together a cash budget and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will discuss how to put together a budgeted cost of goods manufactured statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. The course will discuss how to put together a budgeted cost of goods sold statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will discuss how to put together a budgeted income statement and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. The course will discuss how to put together a budgeted balance sheet and will also walk through a step by step process using preformatted Excel worksheets for learners to follow along with. We will also go over a comprehensive problem in Excel so we can see all the components of the master budget and work through them in one place.

This course will use free accounting software which is an excellent tool to practice with. This course will jump right into bank feeds and how to use them. Many accounting software courses will spend a lot of time talking about how a full-service accounting system works. We do recommend spending time learning the full accounting process, and we do have courses that do just that. However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds. We will focus on bank feeds in this course. For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data. We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works for them. This course will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.

WAVE Accounting / Bookkeeping software - Computerised Accounts course is about how to use WAVE based on the most popular functions which you as a WAVE operator needs to know how to use, in order to be proficient in using the software. The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you: Read the task Watch the video Have a go at it yourself on your own system Rewatch the video (if necessary) - to reinforce the learning You'll learn how to set up a Tally accounting system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things. This is a useful course if: You are thinking of working with the software, You are going for jobs which have a requirement for you to be able to use this software You want to put this skill on your CV, or You are a bookkeeper or accountant and will be using this for clients or even You run your own business and want to know how to use WAVE for yourself. You will need to have access to WAVE. You can sign up to the WAVE site to get a free trial. We give you the link in lecture one and show you how to do this. The instructor is usually online to answer student queries for 2 hours each day. The course materials includes the handout of the assignment task. Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts. The course will take about 3-4 hours to complete.

What is Accounts Payable (AP) Workflow? How is it different from a Document Management system? The differences between the two are explored in this course. Discover the different functionality AP Workflow systems can supply including Purchase Order validation, confirmation of account coding and compliance to company specific approval and other business rules. In this accounts payable training you will learn what due diligence should be performed by the company to identify, and then record, requirements for an Accounts Payable Workflow system. Discover who should be on the steering committee and project teams. And since an Accounts Payable Workflow tool is not just about Accounts Payable, this discussion will include the role of IT throughout the implementation process. We will also identify the groups of employees who will need access to the system and others who may benefit by being set up as users. Change management is key in implementing any new system. Discover the steps needed to communicate such an implementation to vendors and to any employees who are involved in the Procure to Pay Work Stream, receive invoices directly from vendors today, or have invoice approval responsibilities.

This accounts receivable training covers the proper accounting for receivables and related issues surrounding uncollectible accounts/bad debts. A brief discussion of the direct write-off method will explain why the allowance method is the better approach. The subtle differences between the Balance Sheet approach vs. the Income Statement approach are presented. Additionally, simple interest on notes receivable are calculated and detailed examples are provided.

Accounting is important in our day to day life. When small businesses can’t afford accounting software, they keep their daily business record on excel. This course has developed a simple method where business can have all their data on excel without using any complicated excel workbooks. Simple Steps Learning core principle is to develop courses with simple and straightforward approach with easy understanding. This course would explain to you what is double entry bookkeeping, and how it works in practical life. You would learn five important steps which will in the end produce your business profit and loss account and balance sheet. These five steps contain day book, journal entry, trial balance, profit and loss account and balance sheet. There is no other simple way than this for your daily bookkeeping and accounts preparation. I hope you would learn new skills which will be beneficial for life! Please note some tasks are repeated for extra 15 minutes. You can skip as per your need. All the best Simple Steps Learning

This course enables to understand basic concept of Depreciation on Fixed assets. It covers the various methods of calculating depreciation - Straight Line Method (SLM), Reducing Balance Method (RBM)/ Written Down Value Method (WDV), Sum of Years Digit Method and Annuity Method and corresponding accounting treatment i.e Passing of Journal Entries and Posting of Journal Entries in respective Ledger accounts.