Bookkeeping & Accounts

For up to date start date / enrolment details of evening classes view the college webpage
Autumn term 4th October 2023 – 13th Dec 2023

This is an onsite course.

€335.

https://ams.enrol.ie/waterfordae/sept/2023/index.php

If a student is seeking funding from a funding organisation, fees must be paid directly to the College and will be reimbursed when funding comes through.

Course Description:
The purpose of this module is to equip the learner with the knowledge skills and competence to keep basic bookkeeping records for an organisation. It provides the learner with the knowledge and understanding of bookkeeping terminology and an introduction to the principles of bookkeeping and accounts.

The learner will:
• Describe the importance of good financial record keeping in business and the problems associated with poor record keeping.

• Demonstrate an understanding of the need for and importance of credit in the business world.

• Explain the key terminology associated with bookkeeping and accounts.

• Identify all relevant source documents for record keeping purposes.

• Describe briefly the two main VAT rates, showing how the VAT system operates using one of the rates.

• Check the accuracy of calculations on source documents.

• Prepare outgoing documents for customers or clients to include orders, invoices, credit notes, receipts, and payments.

• Complete the books of first entry with appropriate VAT and departmental analysis from the information in a range of source documents including invoices, credit notes, bank records, petty cash vouchers.

• Post the information from the books of first entry to accounts set up in the ledgers, using the double entry system.

• Extract a trial balance at the end of an accounting period.

• Show how to correct errors identified in the record keeping process.

• Interpret all the entries on a bank statement including the links between the statement and the receipts and payment records of an organisation.

4N2267 Bookkeeping & Accounts

1. Payment
Fees for all courses must be paid prior to starting course. Each module must be paid for before that module will commence. All modules must be paid for with cheque, postal order or bank draft. Cash will not be accepted.

2. Return of Fees
Fees will only be returned where a class is not formed. If a student is eligible for a return of fees, they must fill out a refund form available from the director’s office. Fees are not refundable if a student has started a course and wishes to discontinue.

All refunds will be processed mid-October 2023.

Regional Educational Guidance service for adults:
Having looked at the website you may have difficulty deciding what the best choice for you might be. Help is at hand in the form of REGSA (Regional Guidance Service for Adults).

REGSA can offer you a one-to-one guidance appointment which will allow you an opportunity to explore possible career options and find a suitable course that will match your aspirations or look at career paths arising from the various courses available in WCFE.

Contact REGSA on (051) 302287.

3. Parking
Parking is available for students on evening courses at the college.

Philip Deegan,
Director of Adult Education,
Waterford College of Further Education,
Parnell Street,
Waterford.
Tel: 051-874053 (ext 3010)
Fax: 051-870136
Email: PhilipDeegan@WWETB.ie
Web: http://www.wcfe.ie/evening-courses