Course Description

Practical Skills desired by Employers or Self Employment, in the Shortest Time.

Managing 80 transactions or Documents types, plus Year End Adjustments

Not only Mobile & Computerised Accounting, but Practical & Technical Knowledge Acquired

It’s the closest software to the taught Manual Accounting

A Separate App for Sole Trader & Limited Companies

An Off-line opportunity to Practice Accounts Anywhere. Data is saved on the device, with Backup and Restore

Designed to exploit the many benefits of Mobile Devices on Android & IOS

Videos illustrate the destination of recorded figures, and the source of Reported figures.

Practice by Identifying, Interpreting, & Recording, then Verify, Reconcile, Present, and Explain 95 Periodic & Year End Reports.

A Cross between Theory, Practical, and Computerised Accounting

The Theory is in Videos, and integrated on all Forms and Reports Guides.

The Practical element is based on Accounting Firm Procedures, integrated in all facilities including 2 business, with 400 Practice Documents, plus Verification figures.

The Computerised element is about Automated Processes and Reports, excluding the critical task of directing Accurate Double Entry, and Saving Time.

Customised Recording Forms indicate the Debit and Credit entries.

For a 5 entry recording, select only 2 accounts, type a single figure and everything once, the rest is automated.

Some documents recorded in as little as 30 seconds.

Automated Error Checking and Exposure – Quick Reconciliations

Simplified Correction and Editing Procedure.

A 33 Periodic Task Checklist with 15 Reports

An 80 Year End Reports or Schedules Checklist plus a Dashboard.

Both PDF and Hard Copy Printing

Live Online Sessions for Questions & Clarification

RECAP, RE-INFORCE, AND ACQUIRE PRACTICAL ACCOUNTING KNOWLEDGE, SKILLS AND EXPERIENCE

Skills on Completion:

  1. IDENTIFY, INTERPRET & RECORD over 80 Documents or Transactions types, plus Year End Adjustments
  2. IDENTIFY, INTERPRET, VERIFY & RECONCILE 95 Periodic & Year End Reports
  3. PRESENT AND EXPLAIN 95 Periodic & Year End Reports
  4. Develop a deeper Appreciation and Understanding of Accounting

FCCA

Moses Carson Bakaluba

Fellow of the ACCA, DBA, BA/ Educ,A Practicing Accountant with many years Experience27 Years Experience Teaching Theory and Practical AccountingTaught at High schools, City College Coventry, and Halifax University, Birmingham, UK Published Author with several Accounts titlesAdministrator at the Academy of Practical Accounts (APA), UK.APA is tasked to provide Practical Accounts Training, to address the shortage of Training Facilities in the work environment.

Course curriculum

  • 1

    1. Introduction

  • 2

    2. Tax Return and Chart of Accounts

    • 2.1 Tax Return Overview

    • 2.2 Tax Return and Profit & Loss Account

    • 2.3 Tax Return and Balance Sheet

    • 2.4 Disallowed Expenses

    • 2.5 Detailed Chart of Accounts

    • 2.6 Chart of Accounts Continue

    • 2.7 Tax Return & Notes to Financial Statements

  • 3

    3. Recording Basics

    • 3.1 Means of Payment

    • 3.2 Vat Classes

    • 3.3 Vat Rpt Options

    • 3.4 What is Recorded

    • 3.5 Filing

    • 3.6 Double Entry

    • 3.7 Completion marks Duplication

    • 3.8 Gen Recording

    • 3.9 Verification Instruments
  • 4

    4. START Facilities

    • 4.1 Starting Guides

    • 4.2 Main Menu - Modules

    • 4.3 Business Name, Year

    • 4.4 Set Vat Rates

    • 4.5 Set Recording Date

    • 4.6 COA Structure

    • 4.7 Backup and Restore

    • 4.8 Practice Documents

    • 4.9 Profile
  • 5

    5. Miscellaneous Facilities

    • 5.0 2 Entry Form

    • 5.1 Cash Deposit Withdraw

    • 5.2 Chq Electronic Dep

    • 5.3 Open Stock Prepaymts

    • 5.4 Adv Inc Bank chgs

    • 5.5 Lottery Comm Vat Penalty

    • 5.6 Sales Purchases Vat TRF

    • 5.7 Dashboard - Overview

    • 5.8 Product Drawings

    • 5.9 Multi Entry Wages

    • 5.10 Opening Balances

    • 5.11 Opening Bal Rpts
  • 6

    6. Receipts & Refund Recording

    • 6.1 Income Non Income

    • 6.2 Income Received & Refund

    • 6.3 Money Capital Invested

    • 6.4 Bank Interest Received

    • 6.5 Vat Refund

    • 6.6 PAYE NI Refund

    • 6.7 Trade Debtor Paid & Refund

    • 6.8 Miscellaneous Receipts

  • 7

    7. Expenses & Refund

    • 7.1 Direct & Indirect Expenses

    • 7.2 Overhead Expense Paid & Refund

    • 7.3 Cost of Sales Paid & Refund

    • 7.4 Overhead Invoice/ Debit Note & Credit Note

    • 7.5 COS Invoice/ Debit Note & Credit Note

  • 8

    8. Fixed Assets Recording

    • 8.1 Fixed Asset Classifications

    • 8.2 Fixed Asset Paid & Refund

    • 8.3 FA Invoice/ Debit Note & Credit Note

    • 8.4 FA Capital

    • 8.5 FA Disposal for Cash

    • 8.6 FA Disposal on Credit

    • 8.7 Disposal Transfer
  • 9

    9. Payments Recording

    • 9.1 Payment Classifications

    • 9.2 Net Wages Paid

    • 9.3 Bank Charges Paid

    • 9.4 Drawings

    • 9.5 Vat Paid

    • 9.6 PAYE NI

    • 9.7 Trade Creditor Paid & Refund

    • 9.8 Lottery Cancellations & Prizes

    • 9.9 Agency Submissions

    • 9.10 Paid Wages, No Deductions

    • 9.11 Miscellaneous Payments

  • 10

    10. Loans & Credit Card Recording

    • 10.1 Loan HP and Fees

    • 10.2 Loan Interest

    • 10.3 Loan Repaid

    • 10.4 Credit card borrowing

    • 10.5 Credit card Fees & Charges

    • 10.6 Credit card Interest

    • 10.7 Credit card Repaid
  • 11

    11. Creditors Facilities

    • 11.1 Control Account & Creditors Ledger

    • 11.2 Add/ Modify Creditors

    • 11.3 Creditors Opening Balance

    • 11.4 Overhead Invoice/ Debit Note & Credit Note (Same as 7.4)

    • 11.5 COS Invoice/ Debit Note & Credit Note (Same as 7.5)

    • 11.6 FA Invoice/ Debit Note & Credit Note (Same as 8.3)

    • 11.7 Trade Creditor Paid & Refund (Same as 9.7)

    • 11.8 Accruals Expenses

    • 11.9 Creditors Cheque Dishonoured

  • 12

    12. Debtors Facilities

    • 12.1 Control Account & Debtors Ledger

    • 12.2 Add/ Modify Debtors

    • 12.3 Debtors Opening Balance

    • 12.4 Sales Invoice and Credit Note

    • 12.5 Trade Debtor Paid & Refund

    • 12.6 Accrued Income Invoice

    • 12.7 FA Disposal Invoice

    • 12.8 Debtors Cheque Dishonoured

    • 12.9 Bad Debt Written Off

  • 13

    13. Cummulative Opening & Pre-Vat Recording

    • 13.1 Settings & Opening Balances

    • 13.2 Opening Reversals, Creditors & Debtors

    • 13.3 Periodic Task Reports Checklist

    • 13.4 Income Receipts Month 1

    • 13.5 Purchases Payments M1

    • 13.6 Vat Verification, Reporting & Transfer

  • 14

    14. Cummulative Post Vat & Reconciliation

    • 14.0 Wages

    • 14.1 Lottery

    • 14.2 Credit Card Update Reconciliation

    • 14.3 Loan Updates Reconciliation

    • 14.4 HP Update Reconciliation

    • 14.5 Bank Update Reconciliation

    • 14.6 Creditors & Debtors Reconciliation

    • 14.7 Cash Reconciliation

    • 14.8 Month 2, 3 Balances

    • 14.9 Quarters 2, 3, 4 Balances
  • 15

    15. Period Reports including Vat Return

    • 15.1 Vat Return

    • 15.2 Vat Computations

    • 15.3 P3 Monthly Reconciliation

    • 15.4 Cash & Bank Summaries

    • 15.5 General Ledger

    • 15.6 Trial Balances

    • 15.7 Journals Recorded

    • 15.8 Creditors Reconciliation

    • 15.9 Creditors Ledger

    • 15.10 Debtors Reconciliation

    • 15.11 Debtors Ledger

    • 15.12 Profit And Loss Accounts

    • 15.13 Profit And Loss Account Notes

    • 15.14 Balance Sheets

    • 15.15 Balance Sheet Notes

    • Year End Overview