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Essential Knowledge of Bookkeeping Course

By: Tom Associates Training  

Lagos State, Nigeria

05 - 07 Jul, 2021  3 days

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NGN 130,000

Venue: Online

Other Dates

Venue Date Fee  
Online, Lagos State, Nigeria 06 - 08 Oct, 2021 NGN123625

This course will explain bookkeeping simply, systematically and comprehensively, and also show how it supports the success of business - micro, small, medium or large.

If it is a business, the bottom line, without an exception, is ultimately presented as money. And money is numbers which for a business is expressed in the language of bookkeeping. That is how financial records are kept succinctly. Therefore, everyone involved with business must be able to make up the records or understand the records that are made up by others in the way of this course.

 

Course Contents

DAY ONE

Introduction

  • Significance of Proper Bookkeeping to a Business.

Basic Bookkeeping Knowledge

  • Revenue
  • Cost of Goods Sold
  • Expenses
  • Profit and Loss
  • The Journal
  • The General Ledger
  • Balance Sheet.

Keeping Track of the Business

  • Accounts Receivable

- credit sales

- monitoring the debtors

- debts age analysis

- cautions to prevent default.

  • Accounts Payable

- credit purchases

- employee Benefits

- taxes.

 

DAY TWO

  • Inventory Accounting - inflow & outflow
  • Cash Management
  • Reconciling Cash and Bank
  • Monitoring Assets
  • Monitoring Liabilities
  • Depreciation
  • Working with the Trial Balance.

 

DAY THREE

Budgeting

  • How to Create a Budget
  • Reasons for a Budget
  • Comparing Budget to Actual Expenses.

Keeping Controls

  • Billing of Customers
  • Cash and Cheque collection
  • Petty Cash Management
  • Cash on Hand
  • Cash in Bank
  • Debt Recovery.
Online Jul 05 - 07 Jul, 2021
Online, Lagos State, Nigeria 06 - 08 Oct, 2021

Registration: 09:00:am - 04:00:am

NGN 130,000.00(Vat Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
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