Here is what you are going to do

The Practical Experience Tasks

  • 1
    INTRODUCTION
    • You are just one interview away from your ideal Accounting job
    • Here is what you will cover in this practical Experience
  • 2
    Task 1: SETTING UP & GETTING STARTED
    • Practice material for your exclusive use only.
    • Key facts about Quickbooks online
    • Task 1a: Getting a QuickBooks online Account & setting up the business on the software.
    • Task 1a (i-iii): Understanding the general layout of QuickBooks online & the VAT codes used
    • Task 1b(i): Setting up Customers and corresponding opening balances
    • Task 1b(ii): Setting up Suppliers and corresponding opening balances
    • Task 1c: Setting up Products and Services
    • Task 1d: Setting up the fixed assets register
    • Task 1e: Setting up the opening balances from the Trial balance
  • 3
    TASK 2: BUDGETING
    • The process of preparing a budget
  • 4
    Task 3: DOING THE ACCOUNTS RECEIVABLE TASKS
    • Practice material (copyrighted) for your Exclusive use
    • Task 3a: How to raise sales orders, sales invoices and sales credit notes
    • How to analyse a financial document before recording it
    • Task 3b(i): Recording Customer receipts, cash sales and non-customer receipts
    • 3b(ii) Recording non-customer receipts
    • Task 3c: How to record dishonoured cheques and returned goods transactions
    • Task 3d: Credit Control - collecting outstanding debtor amounts
  • 5
    Task 4 JOURNAL ENTRIES AND DOUBLE ENTRY REVIEW
    • Introduction to this task
    • Task 4a: Posting a financial instrument journal - issue of share capital
    • Task 4b: Recording Director transactions in a journal
    • Task 4c: Double entry review
  • 6
    Task 5: DOING BANK RECONCILIATION
    • Practice material
    • Task 5a: How to do bank reconciliation
  • 7
    Next Steps...

Price & Benefits

This Practical experience training course is £795. You can access it anytime and we will also give you the accounting software subscription for 3 months. You will have direct access to the Accountant in case you have any questions and you will also receive help in getting an accounting job.

100% Practical Experience

We'll give you a professional reference from our Accounting firm and support you in getting an accounting Job.

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