Gnu Accounting software in Easy Steps
3.1 (4 ratings)
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Gnu Accounting software in Easy Steps

Go from novice to expert user with the help of a GNU Bookkeeping expert
3.1 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
17 students enrolled
Created by Lisa Newton
Last updated 8/2016
Current price: $10 Original price: $35 Discount: 71% off
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  • 5 hours on-demand video
  • 9 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
What Will I Learn?
  • Enter opening balances
  • Amend the nominal ledger
  • Add new customer and supplier details
  • Post customer invoices and credit notes to the sales ledger
  • Post supplier invoices and credit notes to the purchase ledger
  • Enter the supplier cheques and record the customer receipts
  • Post Petty Cash transactions
  • Prepare the VAT return
  • Reconcile the bank
  • Post the wages journal
  • Post adjustments to the accounts and produce month-end reports
View Curriculum
  • You will need access to GnuCash in order to complete the assignment - but we'll explain how to get the software for free in lecture 2

GnuCash Bookkeeping Software

course is about how to use GnuCash based on the most popular functions which you as a GnuCash systems 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:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

You'll learn how to set up the GnuCash accounting 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 are thinking of working with the software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use GnuCash for yourself.

You will need to have access to GnuCash. You can sign up to the GnuCash site to get a free trial. We give you the link in lecture one and show you how to do this. The instructor is usually online to answer student queries for 2 hours each day.

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 4-5 hours to complete.

Who is the target audience?
  • Bookkeepers and Accountants who need to increase their skills set
  • Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
  • Previous knowledge of accounting is not presumed or required
  • Students who are going for jobs where the requirement is working knowledge of GnuCash
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Curriculum For This Course
56 Lectures
Getting Started
5 Lectures 14:14

The best way to take this course

Installing the GNUCash

Opening GNUCash for the first time
Using the software
10 Lectures 50:48

Address set up

Setting up new accounts

Setting up new accounts part2

Opening balances entering

Opening trial balance

Reverse the accrual and prepayment

Reverse the opening accrual and prepayment report

Amend the nominal ledger

Report nominal ledger accounts
Customer and Supplier Details
5 Lectures 13:22
Add new customer and supplier details

Add new customers 1002-1005

Customer Info report

Add new supplier details

Add new supplier details 2 to 8
Setting up the system
5 Lectures 37:36
Post customer invoices

Set up standard tax

Set up tax tables

Business name set up

Turn on tax preferences
Sales Ledger
6 Lectures 48:08
Post Invoice 1001

Post invoices 1002 to 1008

Post customer credit notes

Posting the transaction and amending Nominal Ledger for debtors

Post transaction to the Nominal ledger

Customer Activity report
Purchases ledger
8 Lectures 44:34
Post supplier invoices

Posting the supplier invoice batch

Enter supplier credit notes

Correct the name of the supplier

Post supplier transactions to the Nominal ledger

Unpaid bills report

Supplier cheques

Supplier payments report
Customer receipts
2 Lectures 07:11
Enter customer receipts

Provide a report on the customer receipts
Petty Cash
6 Lectures 37:28
Post petty cash transactions

Petty cash report

Post cash payments to pettycash

Post cash payments to petty cash setting up nominals

Post cash payments to petty cash using the petty cash account 27-32

Post sundry payments
1 Lecture 09:51
Prepare a VAT Return
2 Lectures 06:31
Reconcile the bank

Unreconciled figures report
2 More Sections
About the Instructor
Lisa Newton
4.2 Average rating
384 Reviews
4,680 Students
100 Courses
Entrepreneur, Infopreneur & Serial Author

Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).

Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.

Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.

Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.

In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.