Accounts Assistant Training Course
July 22, 2023 2023-07-22 9:39Accounts Assistant Training Course
Accounts Assistant Training Course
Course Overview
As an accounts assistant, you are a supporting between the bookkeepers and accountants. Your support is instrumental in providing administrative help by undertaking a range of tasks. You will assist with compiling trial balances, maintaining financial records, invoicing, processing tax returns and identifying, processing and computing journals. Your calculations are important in preparing company accounts, filing and many other tasks.
Accounts Assistant training course provides you with all the important concepts and practical skills to apply and work as an Accounts Assistant or Finance Assistant. The contents cover everything from basic invoice recording and invoice generation, purchase, expenses, and sales receipts and working through VAT Return, VAT Reconciliations, uses of different VAT schemes and managing the year-end closings, different Payroll methodologies like setting up employees, processing payslips, maintaining statutory payments, submission of RTI and calculating deductions from pay that are learned in this payroll training course. We cover all the journals and trial balance adjustments in detail.
The use of different accounting software like SAGE, XERO, QuickBooks and MS Excel spreadsheets to record all these transactions and gain hands-on practical accounting training in a professional accountancy environment.
This course provides good working knowledge and practical experience on the different bookkeeping methodologies and practices essential to effectively record and store financial information on a daily basis. The course is designed to give you a thorough experience of Bookkeeping, Tax Returns, and Payroll accounting principles and you will be coached by our CPD Certified Accountancy professionals. Our unique approach of blending the important theoretical concepts and practical skills give you an enormous competitive advantage in your quest to get a job placement.
Suitable For
The course is suited for aspiring bookkeepers and anyone who wants to start a career in accounting.
- New entrants into the accounting sector
- Learners pursuing accounting qualification
- Candidates with overseas experience
Certification
- CPD Certificate
- Accountancy Practice Certificate
- IAB Certificate
- Xero Advisor Certificate
Course Content
- Sage 2017 v24
- XERO
- Quickbooks
- Capium
- Forbes
- IRIS
- Freshbooks
- VT Software
- Free Agent
(YOU CAN CHOOSE MORE THAN ONE SOFTWARE)
Industries Covered
The training is provided with the relevant industries listed below:
- Construction
- Wholesale
- Retail
- Dental Clinics
- Online Business
- IT
- Solicitor
- Medical
- Surgeries
- Architect & More
Skills You Will Gain
The students will acquire following set of skills after completing this Accounts Assistant Training Course.
Control Accounts
- Accounts Opening Balance Adjustments
- Trial Balance Analysis & Corrections
- Month & Year end Adjustments
- Depreciation, Wages Journals
- Control Accounts
- Clearing Suspense Account
- Adjusted Trial Balance
- Aged Debtor & Creditor Analysis
- Production of Year End Accounts
Bookkeeping
- Sales Day Book
- Purchase Day Book
- Credit Notes
- Debtor / Creditor Reconciliation
- Petty Cash Reconciliation
- Bank Reconciliation
- VAT Calculation
- VAT Adjustment
Payroll
- Employee Records
- Payments and Deduction
- Basic Pension Schemes
- Pay Elements & Company Reports
- Statutory Payments
- Generating Payslips
- FPS, EPS , RTI Submissions
- Setting up Starters & Leavers
- P32 and HMRC Submissions
Career Path
- Bookkeeper
- Financial Controller
- Junior Accountant Asst.
- Management Accountant
- Accounts Assistant
- Credit Controller
- Finance Manager
- Accounting Clerk
- Budget Analyst
- Payroll Administrator
- Payroll Clerk
- Assistant Controller
Work Placement Structure
After finishing your training, you will be given a chance of guaranteed work placement at our offices or at our external client’s offices. The duration is dependent upon the training course you have opted for with us.
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Structure
- Processing and maintaining financial records with an aim to understand the workflow of financial data through nominal and subsidiary ledgers.
- Computing, identifying and processing journals.
- Dealing with accruals, prepayments, Assets registers, Depreciations and more.
- Preparing Account receivables, Accounts payables and KPI reports.
- Dealing with complex invoice that is not covered at the bookkeeping stage, approving and raising invoices and credit notes.
- Processing company expenses.
- Dealing with complete Payroll reports, analyzing the P32, P60 reports and adding their journals to compute the final trial balances.
- Credit control and debt chasing with concept of factoring and debtor reconciliation summery reports.
- Preparing accounts for internal review. Internal profit and loss accounts with commentary of important KPIs.
- The course content covers much more than what’s listed here, you can contact our training consultant to help you customize the plan according to your requirement.
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VAT Training
- Deeper knowledge and understanding of various VAT Scheme.
- Updating and analysing of Cash, Standard, flat rate schemes in Software.
- Understanding the various other policies related to VAT on goods from EU Countries.
- Keeping a general record of the various matters related to Acquisition Tax.
- Deeper Knowledge and better understanding of Intrastat Supplementary declarations.
- Updated Knowledge of Tax matters on goods purchased from non-EU countries, and how to process and apply for EORI.
- Claiming relief on the goods returned outside EU.
- Analysing and choosing the appropriate VAT quarters.
- Keen Observation and analysis of all spreadsheets related to the transactions.
- Proper analysis of VAT related to mixed transactions, identifying the zero rated, standard rated items and recording it and performing a reconciliation to calculate the VAT.
- Introduction to various important VAT industry specific issues for Retail, IT, Construction industries.
- Writing off bad debt and perform a VAT reclaim.
- Guidelines and knowledge about how to perform VAT adjustments·
- For better understanding on how to work on VAT regular workshop has being introduced.
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Payroll Training Course
Our trainees come from different academic backgrounds and it is important to collate all the information into a detailed workshop session to bring all the trainees at one page. The payroll workshop includes an introduction to all the HMRC forms, technical aspects, important dates, tax codes and year-end adjustments. It also includes a reference to HMRC website for more up to date knowledge.