Tel-02038382001
Skills Up Accountancy Training
Trusted partner to help you to achieve your goals!
Tel-02038382001
Skills Up Accountancy Training
Trusted partner to help you to achieve your goals!
Tutors
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
As a qualified Accountant, I have many years workings experience in several reputed Accountancy practices (Which includes top 50 firms) and provided Accountancy and Tax related services for large portfolio of clients. Throughout my carrier, I have managed and trained junior team members and newcomer.
Md Jahirul Islam (ACCA), MSc
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
Being qualified in 2016, I started working for Accountancy practices and worked in two very good mid-sized North London based firms who are very well recognised, and one of them has won the national Accountancy Excellence award in 2022. I was managing a large portfolio of clients including Ltd companies, Partnership and Sole trader business.
Md Arman Khan (ACCA), MSc
Mohammad Mostafizur Rahman (ACCA), MSc (Distinction)
Md Arman Khan (ACCA), MSc
ACCA qualified Accountant and have extensive experience in the Accountancy field
Training we provide
AAT Level 3 (Certificate in Bookkeepng) with Practical working Training
Study method: Classroom based.
Course Fees: £1500.00 (Inc VAT)
Couse Modules:
1. Financial Accounting: Preparing Financial Statements – 70%
2. Tax Process for Business- 30%
Tuition hours: 52 hours
Home study: 120 hours
Course length: 4 months, 1 day a week, 9.30am to 5.30pm (it includes Practical training)
****Our Practical training will cover substantial amounts of study which will help to understand the concepts and terminology hence will make the study much effective.
Practical Training:
Software’s covered.
• QuickBooks
• Xero
• Excel
Training hours: 60
Home practice hours: 80
Course length: 4 months, 1 day a week, 9.30am to 5.30pm (it includes AAT Tuition)
Bookkeeping, VAT, Payroll, Management Accounts and Final Accounts:
- Software Training in QuickBooks, Xero, and Excel.
- Setting up companies.
- Choosing the chart of accounts and its customization that suits the business needs.
- Understanding how double entry is applied in accounting software and how to customize the nominal codes and nominal ledger.
- Setting up customers' accounts.
- Processing customers' invoices and credit notes.
- Setting up suppliers' accounts.
- Processing suppliers' invoices and credit notes.
- Generating reports for customer/supplier invoices, statements, and reconciling them.
- Generating aged debtors and aged creditors reports for credit control purposes.
- Identifying errors and performing error corrections.
- Allocating supplier payments and customer receipts against the right invoices.
- Foreign currency invoices.
- Bank reconciliation / petty cash reconciliation.
- Preparing and Reconciling VAT return.
- Dealing with HMRC queries.
- VAT registration and deregistration process.
- Understanding VAT period and Tax point.
- Deeper understanding of Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, Marginal VAT Scheme, and VAT Retail Scheme.
- VAT deadlines and penalties.
- Treatment of opening balances.
- Reconciliation of debtors and creditors control accounts.
- Generating aged debtors and aged creditors reports for credit control purposes.
- Reconciliation of VAT, PAYE, and Wages control accounts.
- Posting month-end adjustments and journals.
- Understanding accruals and processing the journal entry.
- Understanding prepayments and processing the journal entry.
- Maintaining the fixed asset register of the organization.
- Writing off fixed assets.
- Calculating depreciation using different methods.
- Understanding gains and losses on disposals of assets.
- Director's loan account.
- Treatment of dividends.
- Preparing the Final Trial Balance.
- Corporation tax calculation.
- Processing payroll.
- Handling client queries: Crafting professional responses to client inquiries.
- Self-Assessment (Optional): Engaging in in-depth technical discussions for tax returns.
- Tax Advisory Skills: Providing professional tax advice with confidence.
- CV Building: Creating a standout professional CV.
- Job Interview Mastery: Learning the art of acing job interviews.
The jobs it can lead to:
- Professional Bookkeeper
- Accounts Assistant
- Accounts Payable Clerk
- Accounts Receivable Clerk
- Payroll Administrator
- Become a freelancer and start your own bookkeeping business.
Bookkeeping, VAT and Payroll
Software covered:
QuickBooks
Xero
Excel
Qualification required: Degree in Business, Studying towards AAT, ACCA, CA and CIMA
Course duration: 1-2 months (70 hours)
Fees: £690.00
Contents of Training
- Registering a company in the Companies House.
- Selecting a chart of accounts tailored to meet business requirements and customizing it accordingly
- Grasping the application of double entry in accounting software and learning how to personalize the nominal ledger and nominal codes.
- Managing the sales and purchase ledgers of an organization.
- Creating customer accounts and processing customer invoices and credit notes.
- Establishing supplier accounts, handling foreign currency invoices, and processing supplier invoices and credit notes.
- Generating reports for customer and supplier invoices, statements, and reconciling them.
- Producing aged debtors and aged creditors reports for credit control purposes.
- Detecting and rectifying errors in financial records.
- Allocating cash payments and receipts accurately.
- Matching bank payments and receipts with the appropriate transactions.
- Allocating supplier payments and customer receipts to the correct invoices.
- Conducting bank reconciliation and petty cash reconciliation.
- Preparing the VAT return and reconciling it.
- Submitting the VAT return to HMRC and addressing HMRC queries.
- Managing the VAT registration and deregistration process.
- Understanding VAT periods and Tax points.
- Adhering to VAT deadlines and avoiding penalties.
Bookkeeping, VAT and Payroll, Management Accounts and Final Accounts
Software covered:
QuickBooks
Xero
Excel
Qualification required: AAT Finalist, Degree in Business, Studying towards ACCA, CA, CIMA
Course duration: 1-2 months (80 hours)
Fees: £890.00
Contents of Training
- All the contents included in Bookkeeping, VAT and Payroll Training
- Compiling Quarterly Management Accounts
- Addressing opening balance considerations
- Reconciling debtor and creditor control accounts
- Generating reports on aged debtors and aged creditors for credit control purposes.
- Reconciling VAT, PAYE, and Wages control accounts
- Posting month-end adjustments and journals
- Grasping the concept of accruals and executing the corresponding journal entries
- Understanding prepayments and processing the relevant journal entries
- Managing the fixed asset register of the organization
- Writing off fixed assets
- Calculating depreciation using various methods
- Understanding gains and losses related to the disposal of assets
- Managing the Director's loan account
- Handling the treatment of dividends
- Preparing closing entries
- Compiling the Final Trial Balance
- Calculating corporation tax
Our Partners
