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Accounting for Accounting Professionals & Freelance Bookkeepers
Course Description “Accounting for Accounting Professionals & Freelance Bookkeepers” Objectives …
What you'll learn
Accounting Golden rules
Double entry bookkeeping system (Debit and Credit)
Ledgers or Chart of Accounts
Bill, Invoice, Accounts Payable and Accounts Receivable
Financial reports (P/L accounts and Balance sheet)
Assets, Depreciation and LiabilityÂ
Common accounting terminologies
Business position analysis by using Ratio AnalysisÂ
Daily cash register and bank register
Accounting, Inventory and Payroll vouchers
Simple overhead calculation
Simple selling price calculation
Cost of sale/Cost of goods sold
Inventory valuation methodsÂ
Trial balance, cash flow statement, receive & paymentsÂ
Cost center and cost units
Graphical presentation of accounting data/reports