BOOKKEEPING COURSES
Bookkeeping Fundamentals
LESSON STRUCTURE
Lesson 01 – Bookkeeping Introduction
The Differences of companies in South Africa
What is accounting/Bookkeeping
The bookkeeping and Accounting cycle
The accounting equation
Transactions and accounts
Lesson 02 – Value added Tax (VAT)
What is VAT
The different VAT categories
Calculating VAT
VAT processing
The mark up, gross margin and VAT
Completing the VAT201 report
Lesson 03 – Inventory
Inventory Systems
Costing methods
Lesson 04 – Source Documents
Source Documents
Deposit Books / slips
Cheque counterfoils
Petty cash Vouchers
Tax Invoices
Credit Notes / Returns
Lesson 05 – Subsidiary Journals
Introduction to Subsidiary Journals
Creditors and creditors allowance journals
Debtors and debtors allowance journals
Cashbook Journals
The Cashbook receipts journal
The Cashbook payments journal
Petty Cash Journals
The General Journal
Totaling your Journal
Lesson 06 – Bank Reconciliation
Introduction
The Bank Reconciliation
Lesson 07 – The General Ledger
Different sections of a general ledger
Posting to the general ledger
Closing off ledger Accounts
Lesson 08 – The Trial Balance
Introduction
Post from your general ledger to your trial balance
Lesson 09 – The Statement of Income
Posting to your statement of Income
Lesson 10 – The Statement of Financial Position