What do I get?

• Bookkeeping & VAT Returns Software: Sage 50 Accounts, Xero, QuickBooks, Advanced Excel - Understanding overall purpose of bookkeeping - Learning basic bookkeeping concepts such as debits, credits etc. - Purpose of bookkeeping and what are the best practices in the work place as a bookkeeper -Understand and maintaining purchase/sales ledger -Setting up company on accounting software (Sage 50 Accounts, Xero, QuickBooks etc.) -Update and choose the accounting period for the organisation based on global accounting practices -Setting up chart of accounts based on the organisational needs -Understanding nominal code and nominal ledger -Customising the nominal Ledger -Setting up Customer account in the accounting systems -Generate and process customer invoices and credit notes -Setting up Supplier account in the accounting systems -Generate and process supplier invoices and credit notes -Preparing reports for supplier / customer invoices -Preparing aged debtors and aged creditors reports -Understanding CIS deduction and calculations -Dealing with cash payments and receipts -Dealing with Bank payments, reconciliations and petty cash -Dealing with Reverse Charge and implication on VAT returns -Understanding VAT Principles -Analysis of different VAT Scheme cash rate, flat rate and standard -Preparing VAT -Reconciliation of VAT -Completing a VAT return -Import and Export VAT analysis -Submission Steps of VAT Return to HMRC -Introduction to Making Tax Digital (VAT) scheme Payroll -Software: Sage 50 Payroll -Ascertaining gross pay, classifying taxable and NICable pay elements, calculating pay apportionments correctly -Processing deductions and incorporate voluntary deductions and student loan payments into payroll systems -Calculating National Insurance Contributions and PAYE -Identifying different tax codes -Calculating income tax -Administering starters and leavers correctly, completing forms P45 and New Starter checklist correctly -Issuing P60 forms -Pensions and automatic enrolment Overview of HMRC’s compliance role with statutory payments -Outlining the arbitration route with statutory payment decisions -Calculating and understating Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP), Statutory Paternity Pay (SPP), Shared Parental Pay (ShPP), Statutory Parental Bereavement Pay (SPBP) -Processing payment and generating payslips -Submitting RTI reports to HMRC

What do I need?

• No Prerequisites