
Preparation.
Firstly, please download and print off the course material. Read through each task. Watch the video on how to complete the task, and then have a go at it yourself on the software.
Setting up the system.
Logging into the system.
Update the settings on Kashflow.
Enter the opening balances.
Run the trial balance.
Post reverse journals.
Enter the opening balances.
Produce a report on the journals entered.
Amend the nominal ledger.
Produce a report to show the nominal ledger.
Add new customers to the system.
Report on customer information.
Enter supplier details.
Report on suppliers.
Post customer invoices.
Enter customer credit notes.
Customer activity report.
Post supplier invoices.
Show supplier account activity.
Create an aged creditors report.
Post cheques to the purchases ledger.
Show the payments made to suppliers.
Enter receipts from customers.
Show the customer receipts.
Kashflow Online Bookkeeping course is about how to use Kashflow software based on the most popular functions which you as a Kashflow operator needs to know how to use, in order to be proficient in using the software.
The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:
You’ll learn how to set up the Kashflow system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.
This is a useful course if:
You will be given access to Kashflow (free for 14 days).
The course materials includes the handout of the assignment task.
Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts.
The course will take about 3-4 hours to complete.
Kashflow (if you are a user) does some very odd things. It has been known for the Trial Balance not to balance which "should" actually be an impossibility for any decent accounts software. Likewise, you may find that things go 'missing' from the bank reconciliation statement (yet remain within the system). As a accounting software trainer for over a decade, having used more than 20 different bookkeeping software out there - it wouldn't be a system I'd recommend, and I'd strongly suggest you get help if you are using this software because you won't be able to figure it out and sometimes it could be "technical" fault (i.e. an error on their end) and absolutely nothing to do with you, or what you've entered. So don't bang your head on the computer. You may just want to switch software instead...