Course contentManual Bookkeeping techniques include:- Accounting concepts & terms
- Debits & credits and the accounting equation
- Source documents
- Keeping a record of business activity in Sales, Purchases, Cash Receipts, Cash Payments and General Journals
- Maintaining the balances in the General Ledger, and the debtors and creditors ledgers
- Bringing your books to Trial Balance stage
- Preparing a Bank Reconciliation report
Computerised Bookkeeping techniques include:- Creating a new company file, backing up and restoring.
- Setting up an Accounts List to record expenses, revenues, assets and liabilities
- Setting up and creating customers and suppliers
- Setting up an inventory and service items list
- Recording sales and adjustments, purchases, customer and supplier payments
- Recording banking transactions to keep track of money spent and received
- Reconciling the bank account
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