Accounting and Finance

business, smartphone, communication-962310.jpg

Accounting and Finance

We have expert team of accountants who have been running their own accountancy practise so that they what exactly you are looking at candidates. Their proven experience enables us to find the right candidate for you who will uplift your workforce.

Course Modules

Creating company: entering company names, their nature, financial year and VAT Quarters and Choosing the VAT Schemes depending upon nature and size of company.
  • Creating Suppliers: Supplier details, name, address, default accounts,
    credit terms VAT Numbers
  • Analysing supplier invoices, credit notes and posting them on software
  • Reconciling supplier account
  • Carrying out Aged Creditors reports
  • Edit Supplier details
  • Creating Customers; Customer details, name, address, default account
  • Entering customer invoices, customer refunds, receiving payments
    from customers in bank
  • Reconciling customer invoices
  • Editing Customers details
  • Setting up chart of accounts
  • Adding, editing and deleting Chart of Accounts
  • Entering opening balance for supplier and customers
  • Setting up bank accounts (Current bank account, Credit accounts ,Petty
    cash account)
  • Entering the bank transactions (Supplier payments, Customers
    payment, Expenses and Receipts)
  • Entering Petty Cash Transactions
  • Reconciling Bank and Petty Cash Accounts
  • Understanding different VAT Schemes
  • In depth Discussion of Standard, Cash, Flat-rate and Retail Industry
    VAT schemes
  • Understanding how VAT works, Input VAT, Output VAT
  • Calculation of VAT to pay or reclaim from HMRC
  • Making Tax Digital (MTD)
  • VAT reclaims and Submission to HMRC
  • Registering for VAT when reached the Threshold
  • Determining appropriate VAT quarters
  • Discussion of Tax matters on goods acquired and dispatched to EU
    countries

Roles

Skills you will enhance

Jobs you can apply

Post Training Facilities

After Completion of course you will have full access to our recruitment services from CV update, mock interviews, Job placement, internship, and Franchise opportunities. Come and join us today and turn your dream of becoming accounting personnel into reality.

Inspire Connect College: Inspiring people, influencing professionals connecting careers.

Get In Touch!

Placement Enquiry Form