Description
The course starts right from scratch and is designed to equip you with the knowledge of Accounting & Bookkeeping from beginner to advanced. The course introduces you to Xero Accounting software and other fundamental accounting concepts such as recording the purchase of an asset, owner's contribution and diving deep into the preparation of financial statements.
Topics Covered:
Introduction to Xero Accounting Software
Recording Customer Transactions
Recording Supplier Transactions
Recording Inventory
Trial Balance and Financial Statements
Bookkeeping
Bank Reconciliation
Fixed Assets and Owner's Capital Contribution
The course is very easy to understand and is designed to equip you with the industry top Bookkeeping skills you need. Upon completion of the course you will be in a better position to apply for a Bookkeeping position, start your own Bookkeeping firm, work as accounts payable and receivables clerk. The course walks you through the recording of transactions and financial statement preparation. In a short space of time, you will acquire Bookkeeping skills that may help you make an impact in the business world.
What is Bookkeeping:
Bookkeeping is the recording of financial transactions and is a crucial component of the process of accounting in business. Bookkeeping involves preparing source documents for all transactions, and operations of a business.
Why you should learn Accounting & Bookkeeping:
Every business needs to have accurate records of its income and expenses. Recording of transactions is not only for internal purposes and management but also crucial for external stakeholders such as governments, tax authorities, investors, lenders, suppliers, and customers. Having great attention to detail and the knowledge of cash flows makes you a better Accounting or Bookkeeper professional.
Prerequisite:
This course starts from scratch, no prior knowledge is needed to start learning this course. Even a 12-year-old can learn Accounting, Bookkeeping, and Financial Statement preparation in this course.
