Learn how to submit journal entries to the appropriate general ledger accounts that each transaction affects. Prepare an unadjusted trial balance at the end of each month to ensure that your general ledger balances. When the figures don’t balance, learn how to check for mistakes and find the corrected entries. Verify debits and credits equal with an adjusted trial balance after posting, updating and modifying entries. The monthly bank reconciliations are also covered in the bookkeeping course.
With a Certificate in Bookkeeping, you’ll learn how to manage and assess a company’s financial health. The curriculum covered in this programme is geared toward small enterprises and focuses on cash basis accounting. Accounting experience may give important support to business owners, or you can outsource business finances to bookkeeping pros with confidence.
How does the bookkeeping course help you?
You’ll be able to apply for the right jobs.
Gaining Future Connect certification means you’ll be able to apply for accounting positions right immediately, with no extra training required. Furthermore, there are no official requirements to begin learning. Again, because all of the courses are available online, you can fit them into your current schedule, which means you won’t have to put your life on wait to get employment qualifications.
You’ll have a wider range of options.
Law requires all businesses, whatever of size, to ‘keep books,’ which means skilled Bookkeepers are constantly in great demand. In reality, there were over 44,025 bookkeeping and accounting businesses in the nation at the start of the 2015-16 fiscal year, increasing over 6% from the previous year. Not only will you have more job options, but your professional accounting certification will also help you stand out from the crowd and increase your employability.
You might be able to work for yourself.
You can take charge of your career with a Future Connect bookkeeping course because it gives you the freedom to do so on your terms. You may start your practice and operate as a Sole Trader, or you could eventually begin your Limited firm. You might also work as a freelancer in addition to a full-time job. Working for oneself as a trained Bookkeeper will always be a possibility.
You’ll be up to date on the most recent software.
You’ll be able to back up your bookkeeping qualifications with an officially approved, industry-leading capability if you get a professional certification. You’ll be able to portray to potential employers that you understand how to utilise some of the most crucial tools so they can get started managing their books straight away. So, whether you want to boost the value of your CV or be ready to go right into a new career, your Future Connect certificate will cover you.
The majority of accounting and bookkeeping jobs may be done from home. Many professional bookkeepers, particularly solo practitioners, already operate from home or go. Accountants’ fundamental systems (including accounting software) are now digital and frequently cloud-based, allowing them to work from anywhere with confidence and security.
Some accounting and bookkeeping jobs make them ideal for working from home. Those that charge a flat rate or set fees, for example, have a distinct value proposition than those who charge hourly rates.
Bookkeeping course objectives
The following are the course objectives for the bookkeeping course.
- Learn the accounting equation and the five accounting categories of Assets, Liabilities, Owner’s Equity, Revenue, and Expenses.
- Create a chart of accounts by learning how to do so.
- Learn how to utilise the double-entry accounting method and use debits and credits effectively.
- Find out what the differences are between cash basis and accrual accounting.
- Learn why it’s critical to keep track of financial transactions promptly.
Who should enrol in a bookkeeping course?
This programme is for anybody interested in working in the in-demand industry of bookkeeping:
- People are seeking a new job or a promotion in the business world.
- Owners of small businesses that wish to hire and manage a bookkeeper.
- Entrepreneurs who require a basic understanding of accounting
Is it difficult to learn a bookkeeping course?
It is not hard to learn and understand how to be a bookkeeper if you are adept and comfortable with mathematics and computing figures and prompt, organised, and detail-oriented. Of course, as a new bookkeeper, having a foundation in accounting practices will aid you in navigating the learning curve. A bookkeeper’s tasks and roles differ from those of an accountant. Even though they have similar objectives, they function at different times of the financial cycle. In the world of finance, both career paths are necessary. If you begin your career in bookkeeping, you have the freedom to pick where you want to go and how quickly you want to go.
It’s Necessary to Have Technological Skills
Many bookkeeping occupations demand knowledge of a range of computer applications and systems and a variety of technical tasks. Because many bookkeeping courses have shifted to cloud-based applications like MYOB and Xero, strong computer skills are necessary. Although the functions and responsibilities of a bookkeeper will still require you to perform manual calculations to guarantee correctness, having a strong understanding of IT-related accounting abilities will put you ahead of the competition. If you need more training after landing a job in bookkeeping, you may take a Future Connect course to improve your computer abilities.
Bookkeeping is an excellent career option for anyone who likes numbers. A bookkeeper’s duties and responsibilities necessitate great attention to detail and patience. If you’re not a natural multi-tasker, there’s no need to be alarmed. Bookkeeping often needs you to focus on one financial scenario at a time, To ensure that your job is precise. If you enjoy social situations, a career in bookkeeping may be for you. Client contacts daily allow you to interact with a diverse group of people. If, on the other hand, you are more of an introvert, there are still lots of career chances for you in the field of bookkeeping.