This course will skillfully train the learners in accounting terminology; revenue, expense, assets, liability and equity, cost analysis reports, profit & loss accounts, balance sheets, and cash flow statements.
What you will learn
In this course you will learn about different types of businesses, understand accounting equations and rules of debit and credit, as well as enlist and describe the charts of accounts. You will also learn how to, explain accounting cycles/ financial statements / bank reconciliation statements, payroll, classify vouchers, state the fundamentals of inventory system, as well as understand describe the concept of purchases and subsidiary accounts and reports, understand sales and subsidiary accounts, explain payroll and subsidiary reports and describe the use of computerized accounting systems.
There are no entry requirements for this qualification. You can enroll in this course now.
After completion of this course you will be able to create chart of accounts, record all business transactions relating to revenue, expenses, assets and liabilities. You will also be able to understand equity in accounting software, enter data through bank receipts, bank payment, cash receipt and payment, journal voucher and other business transactions. In addition, you will also learn how to keep the accounts of vendors, employees and customers, maintain inventory control system, enter sales transactions and maintain sales control system. Moreover, you will also have learnt how to record purchase transactions, maintain purchase control system, payroll transactions and control system, and generate reports on inventory, sales, customer, purchase and vendors.