Bookkeeping Courses Certificate

Bookkeeping Course – Level 1

The first of our bookkeeping courses provides you with an understanding of the double entry system of bookkeeping and provides the essential accounting tools for the workplace. The course is especially beneficial if you are planning to take a computer accounting program or use computer accounting in the workplace. Basic Bookkeeping – Level 1 explains the principles of handling a company’s books of accounts, including Accounts Payable, Accounts Receivable, and Payroll. During the course you will practice entering data into journals, posting to ledgers, balancing the ledgers, performing trial balances, and entering adjustments into the records. View PDF of Basic Bookkeeping Level 1.

• Lesson 1: History and the Big Ideas of Bookkeeping

  The History of Double Entry; Personal Income Statements; Personal Net Worth Statements; Developing a Chart of Accounts; Bookkeeping for Debits and Credits; the Double Entry Concept

• Lesson 2: Fundamental Journals and Sales

  The Books of Original Entry; the Purchases Journal; Vendors’ Invoices; the Sales Journal; Sales Invoices

• Lesson 3: Cash

  Cash Receipts Journal; Cash Disbursements Journal

• Lesson 4: Payroll in Bookkeeping

  The Company Payroll; Using Deduction Tables; the Payroll Clearing Account; Remitting Payroll Deductions

• Lesson 5: The General Journal and Ledger

  The General Journal; The General Ledger; Posting to the General Ledger; Understanding and Posting Subsidiary Ledgers; the General Ledger Trial Balance

• Lesson 6: Adjusting and Revising

  Adjusting Entries; Closing the Books; Reversing Entries

Bookkeeping Course – Level 2

Level 2, the second of our Bookkeeping courses, provides you with a greater understanding of accounting and the procedures used to produce financial reports. It begins with a review of the bookkeeping procedures learned in the Level 1 bookkeeping course and the process of balancing each of the subsidiary ledgers to its respective control account. Next, learn about the different forms of business ownership (sole proprietorship, partnership and corporation), and then about the different types of organizations (service, merchandising, and manufacturing).

This course explains the principles of handling a company’s petty cash account, reconciling the company’s bank account, calculating amortization and calculating the gain/loss on disposal of capital assets. During the course, you will examine the Income Statement, the Statement of Owner’s Equity and the Balance Sheet, and then practice completing these financial statements. Finally, learn briefly about the transition from a manual to a computerized system.

If you have limited experience in bookkeeping, we have provided a Supplement at the end of the workbook that contains information on the routines of bookkeeping, the accounting cycle, important percentages, accountability for work done, procedures to guarantee accuracy, monthly versus year-end procedures and safekeeping records. View PDF of Basic Bookkeeping Level 2.

• Lesson 1: Review of Bookkeeping Procedures

  Review of Bookkeeping Procedures; Trial Balance of Accounts Receivable and Accounts Payable Ledgers

• Lesson 2: The Shape of Business

  Forms of Business Ownership; Types of Business Organizations

• Lesson 3: Cash and Bank Accounts

  Petty Cash; Reconciling the Bank Account

• Lesson 4: Assets!

  Capital Assets; Depreciation and Amortization; Disposal of Capital Assets

• Lesson 5: Statements in Bookkeeping

  The Income Statement; The Statement of Owner’s Equity; The Balance Sheet; Preparation of Financial Statements

• Lesson 6: Computerized Accounting and Payroll

  The Transition; Introduction to Simply Accounting 2005; Setting up a Computerized Accounting System; The Subsidiary Ledgers; The Payroll Ledger; Daily Transactions and Monthly Procedures

• Supplement: Taking it from the Bookkeeping Course out into the real world!

  Routines; The Accounting Cycle; Important Percentages; Accountability for Work Done; Procedures to Guarantee Accuracy; Monthly Versus Year-End Procedures; Safekeeping Records