Bookkeeping Introduction

• The different types of companies in South Africa.
• What is accounting/bookkeeping?
• The bookkeeping and accounting cycle.
• The accounting equation.
• Transactions and accounts.

Value Added Tax (VAT)

• What is VAT?

  Bookkeeping fundamentals

• The different VAT categories.
• VAT processing.
• Calculating VAT.
• The mark-up, gross margin and VAT.
• Completing the VAT201 report.

Source Ducoments

• Source documents.
• Receipts.
• Deposit books/slips.
• Cheque counterfoils.
• Petty cash vouchers.
• Tax invoices.
• Credit notes/returns.

Inventory

• Inventory systems.
• Costing methods.

Subsidiary Journals

• Introduction.
• Cashbook journals.
• The cashbook receipts journal.
• The cashbook payments journal.
• Petty cash journals
• Creditors and creditors allowances journals.
• Debtors and debtors allowances journals.
• The general Journals.
• Reconciling your journals.

The General Ledger

• Different sections of a general ledger.
• Posting to the general ledger.
• Closing off ledger accounts.

The Trail Balance

• Integrated inventory.
• Post from your general ledger to your trail balance.

The Statement of Income

• Posting to your statement of income.

The Statement of Financial Position

• Posting to your statement of financial position.

Bank Reconciliation

• Introduction
• The bank reconciliation process.

Bookkeeping Introduction

The different types of companies in South Africa.

What is accounting/bookkeeping?

The bookkeeping and accounting cycle.

The accounting equation.

Transactions and accounts.

Value Added Tax (VAT)

What is VAT?

The different VAT categories.

VAT processing.

Calculating VAT.

The mark-up, gross margin and VAT.

Completing the VAT201 report.

Source Ducoments

Source documents.

Receipts.

Deposit books/slips.

Cheque counterfoils.

Petty cash vouchers.

Tax invoices.

Credit notes/returns.

Inventory

Inventory systems.

Costing methods.

Subsidiary Journals

Introduction.

Cashbook journals.

The cashbook receipts journal.

The cashbook payments journal.

Petty cash journals

Creditors and creditors allowances journals.

Debtors and debtors allowances journals.

The general Journals.

Reconciling your journals.

The General Ledger

Different sections of a general ledger.

Posting to the general ledger.

Closing off ledger accounts.

The Trail Balance

Integrated inventory.

Post from your general ledger to your trail balance.

The Statement of Income

Posting to your statement of income.

The Statement of Financial Position

Posting to your statement of financial position.

Bank Reconciliation

Introduction

The bank reconciliation process.