Professional Bookkeeping & Accounting 2 - Bank Daybook
What you'll learn
- Explain and Carry out the bookkeeping and accounting process for Petty cash, including preparing petty cash vouchers, replenishing petty cash either using an imprest or non-imprest , reconciling the cash, recording transaction in the Petty Cash Day book and closing off the day book.
- Explain and Carry out the bookkeeping and accounting process for Bank transactions including preparing payments, reconciling receipts, recording transactions in the Cash Books and closing off the Cashbooks
- Carry out bank reconciliations between the records you keep and a bank statement
Requirements
- The Case Study and Activities in this course are carried out in Excel. You will need to have Excel 2007 or higher and basic Excel knowledge, such as that covered in the Udemy course Basic Excel for Basic Bookkeeping.
- No prior knowledge of Banking or Petty Cash transactions is required. It would be advantageous, but not essential, to have covered the topics in the Udemy course Introduction to Bookkeeping and Accounting and Professional Bookkeeping and Accounting 1 - Sales and Purchases
Description
Professional Bookkeeping and Accounting 2 - a comprehensive course for those that need to record and account for Petty Cash and Bank transactions.
In This Course You Will Learn How To Record And Account For Petty Cash And Banking transactions. You Will Also Learn The Process Behind These Transactions and the Relevant Reconciliations.
Do you need to understand and record petty cash or banking transactions for your business? Are you considering a career in Bookkeeping or Accounting? Are you studying for Professional Accounting or Bookkeeping exams? THEN REGISTER NOW
Course Overview
Section 1 of this course is an introduction section. After the course introduction, we will begin this course by introducing you to both the prime books of entry and cross totting as you will need a working understanding of these throughout this course. You will also be presented with the case study that we will use in the activities in section 2 and 3 of this course.
In section 2 we will move into Petty Cash. We will walk through each step of the petty cash process from raising petty cash vouchers, entering data to the daybook and reconciling and replenishing the petty cash. Throughout this section you will have a number of activities using the case study presented in section 1 and these activities will give you the opportunity to:
Raise petty cash vouchers
Enter petty cash transactions to the petty cash daybook
Close the daybook and calculate the balance carried down
Reconcile the petty cash
Replenish the petty cash
Section 3 of this course is about Banking Transactions. Throughout this section you will have a number of activities using the case study presented in section 1 and these activities will give you the opportunity to:
Check remittance advice
Enter payments and receipts to the 3 column and analysis cash book
Close the cash book and calculate the balance carried down
Reconcile the bank
This course contains:
A case study that we will use throughout this course
Workbooks to download
Activities to complete
Quiz
Certificate of Completion
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REGISTER NOW and get started with Professional Bookkeeping and Accounting 2 - Petty cash and Banking transactions!
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Your purchase is 100% RISK FREE with a 30 day money-back guarantee. If you don't learn anything new from this course, simply request a refund within your 30 day period for your money back, no questions asked.
Who this course is for:
- You Should take this course if you are interested in a career in Bookkeeping and Accounting.
- You Should take this course if you are currently studying for Professional Accounting or Bookkeeping exams and need help with Banking or Petty Cash transactions.
- You Should take this course if you need to carry out bookkeeping for Banking or Petty cash transactions for your organisation.
- You Should take this course if you are re-entering the workplace and you need a refresher course.
- This course is NOT for you if you have no desire to learn about Banking and Petty Cash transactions from a Bookkeeping and Accounting perspective
Course content
- Preview02:20
- 00:14How you can contact me
- Preview00:42
- 03:49Introduction to Prime Books and Cross Totting
- 00:10Activity - Introduce your self
- Preview01:40
Instructor
![Paula Guilfoyle CPA & MVP](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.3 Instructor Rating
- 10,123 Reviews
- 113,161 Students
- 25 Courses
Paula is a qualified CPA with over 15 years' experience in the fields of Accountancy, Business Management, Process improvement, Internal Audit, Group accountant, Operations Management and Training. All across a broad range of industries and sectors. Paula has been Key Speaker at many Accounting Events where her talks on Excel are received very positively. Taken from her experiences in Accounting and business fields, Paula also has Udemy courses for those wishing to upskill, especially in the area of Spreadsheets, Bookkeeping and Accounting.
In 2020 Paula was awarded with a Microsoft MVP award for her dedication to Excel and the Excel community.