Practical Bookkeeping with Software and Year-End

Categories: Business and Finance
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About Course

Run your books properly in cloud accounting software, stay ready for Making Tax Digital, handle payroll basics and month-end, and prepare confidently for year-end.

Who it’s for

Business owners and bookkeepers who know the basics and want to run the books properly in software, through to year-end. Ideal after Bookkeeping Basics for Small Businesses.

What you’ll be able to do

  • Set up cloud accounting software with a suitable chart of accounts and opening balances
  • Use bank feeds and rules while keeping proper digital records
  • Explain Making Tax Digital for VAT and Income Tax
  • Understand PAYE, RTI, National Insurance and auto-enrolment pensions
  • Run a month-end close and produce management reports
  • Post accruals, prepayments and depreciation at year-end
  • Meet year-end filing deadlines and work effectively with an accountant
  • Put controls in place to prevent errors and fraud

What’s included

  • 8 in-depth modules, each with a structured lesson
  • 8 module quizzes to check your understanding
  • Worked examples and a practical exercise in every module
  • About 35 hours of study, at your own pace
  • Lifetime access, on any device
  • Certificate of completion

How you study

Each module combines a structured lesson with a worked example, a practical exercise and key takeaways, followed by a short quiz. You need 70% to pass each quiz and can retake it as often as you like. Complete every module to finish the course.

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What Will You Learn?

  • Set up cloud accounting software with a suitable chart of accounts and opening balances
  • Use bank feeds and rules while keeping proper digital records
  • Explain Making Tax Digital for VAT and Income Tax
  • Understand PAYE, RTI, National Insurance and auto-enrolment pensions
  • Run a month-end close and produce management reports
  • Post accruals, prepayments and depreciation at year-end
  • Meet year-end filing deadlines and work effectively with an accountant
  • Put controls in place to prevent errors and fraud

Course Content

Setting up cloud accounting software
Choosing software, chart of accounts and opening balances

  • Setting up cloud accounting software
  • Module check: Setting up cloud accounting software

Bank feeds, rules and digital records
Automating entry without losing control

Making Tax Digital
MTD for VAT and for Income Tax Self Assessment

Payroll basics
PAYE, RTI, National Insurance and pensions

Month-end close and management reports
Closing the month and reporting what matters

Year-end adjustments
Accruals, prepayments, depreciation, stock and bad debts

Year-end deadlines and working with an accountant
Filing for companies and sole traders, and handing over clean books

Controls, fraud prevention and good practice
Protecting your business and its data