Double Entry / Journal Entry Accounting System Using Excel
What you'll learn
- Demo of the project
- Initial One time Setup
- How to Create Chart of Accounts
- Passing Journal Entries
- How to Get Reports And Financial Statements
- Budget and Comparison
- Ad hoc Reports and Pivot tables reports
Requirements
- You Can Download the Excel Template and use directly
- No need any Excel cording knowledge. This Course is not to create the Excel file. This is to download the file and how to use it
Description
Embark on a transformative learning experience with our "Mastering Double Entry Accounting with Microsoft Excel" course, designed to empower participants with in-depth knowledge and practical skills in financial management. This comprehensive program kicks off with a quick project demo, providing a glimpse into the powerful functionalities of the Double Entry Accounting system within Microsoft Excel.
The journey begins by guiding participants through the initial setup, downloading the original Excel template, and establishing a well-organized Chart of Accounts. As the course progresses, dive into the intricacies of posting accurate Journal Entries, creating a Trail Balance, and interpreting critical financial statements like the Profit and Loss Statement and Balance Sheet.
Participants will gain proficiency in navigating General Ledger Accounts, identify and avoid common mistakes when posting entries and creating accounts, and customize financial statements to align with specific business needs. The course extends to advanced topics such as generating Cost Center Wise Reports, conducting trend analysis for strategic decision-making, and handling consolidation within a holding company structure.
Moreover, participants will explore the nuances of transferring data seamlessly into another system, ensuring interoperability with diverse business tools. Whether you're a novice looking to build a strong foundation or an intermediate user aiming to refine your skills, this course offers a holistic and practical approach to mastering Double Entry Accounting in the context of Microsoft Excel. Elevate your financial management capabilities and unlock new possibilities for effective and error-free accounting practices.
Who this course is for:
- Accountants, and business developers to Track the company performance
- Startup Busyness owners / Subsidiary companies
Instructor
- 4.2 Instructor Rating
- 6 Reviews
- 1,395 Students
- 1 Course
Hello there! I'm Pubudu Panapitiya, an Accountant with a robust background and a deep dive into the world of MS Excel. With a solid 7 years of hands-on experience, I've honed my skills to not just crunch numbers but to create outstanding tools and reports that make an impact.
My journey started in finance and IT departments, where I actively implemented reporting systems and used my Excel prowess, especially in VBA, to streamline and elevate processes. Beyond the numbers, my passion lies in continuous learning and solving intricate data analysis problems.
I'm all about sharing my knowledge and helping others excel in their roles. Whether you're looking to accelerate your career, shine at work, or simply achieve more in less time, I'm here to guide you. I've crafted engaging courses rooted in my real-world experiences, and I take pride in making learning not just informative but also fun and practical.
Beyond my professional endeavors, I actively contribute to the community through my own platform. Let's connect and explore the world of Excel together – because for me, the journey is not just about the numbers, but the joy of learning, sharing, and solving complex challenges.