Bookkeeping - Manual & Computerised

To check out the next start date / enrolment date for evening courses please view the college website
https://monaghaninstitute.ie/courses/evening-courses/

or contact eveningcourses@cmetb.ie to register or call 087 4054311 or 049 4353904.

Monaghan Institute, Armagh Road, Monaghan.

All Level 5 and Level 6 evening courses are free of charge under the Skills to Advance or Skills to Compete initiative.

https://monaghaninstitute.ie/courses/evening-courses/

The purpose of this award is to equip the learner with the knowledge, skill and competence in the principles and practice of manual and computerised Bookkeeping to enable learners to complete bookkeeping accounts and reports in a range of vocational environments.

Learners will be able to:
• Appraise a bank current account statement to include the reconciliation of any differences between the statement and own records

• Extract specific information from a range of reports including debt control from aged debtors and aged creditors reports • Assess key performance indicators to include net profit, cost margins, cash flow, debt control and performance based on actual versus budgeted figures

• Set up a range of variables on a computerised bookkeeping system to include customers, suppliers, products, nominal recurring transactions, bank transactions, budget figures and VAT using appropriate rates including resale and non- resale rates

• Post nominal recurring transactions and bank transactions on a computerised bookkeeping system and opening balances and foreign currency transactions in appropriate books and accounts

• Correct a range of errors not revealed by the Trial Balance, to include errors of principle, errors of prime entry, errors of omission, errors of commission, compensating errors and complete reversal of entries

• Amend a source document entry, where appropriate, in the relevant ledger using the computerised system and a receipt payment, which has been reconciled previously in error

• Revise customer or supplier contact details, nominal ledger account details, product price lists and own records with data extracted from a bank statement

• Complete a bank reconciliation and a reconciliation of sales and purchases ledgers to the control accounts

• Create a provision for accruals and prepayments

• Issue monthly statements from the sales ledger

• Extract data from relevant source documents in order to complete appropriate books of prime entry, using manual and computerised bookkeeping systems to include purchases, sales, receipts, payments and petty cash books

• Complete accounts receivable, accounts payable and nominal ledger accounts to include end-of-period tasks

• Produce a set of final accounts to include Trading, Profit and Loss account and Balance Sheet on a computerised bookkeeping system

• Complete a VAT return form for submission to the Revenue Commissioners 16. Produce a range of reports from ledgers and other sources to include VAT and departmental analysis.

6N4865 Bookkeeping Manual and Computerised

Why study for an Evening Qualification?
- Gain a competitive advantage in the workplace by enhancing your knowledge and skills

- Enhance existing qualifications and CV

- Develop both academically and professionally (enhanced skills such as communication, leadership skills, listening skills)

- Personal development and self-actualisation felt when you obtain a recognised national qualification.

- Develop a personal interest

- Adapt to workplace changes

- Flexible learning – courses are delivered on a part time basis

Charlotte Dunne
Community Education Facilitator (Evening Provision)
Cavan Monaghan ETB
Email: eveningcourses@cmetb.ie
Tel: 049 4353904
Mob: 087 4054311