Gnu Accounting software in Easy Steps
3.2 (3 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
3.2 (3 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.
16 students enrolled
Created by Lisa Newton
Last updated 8/2016
English
Current price: $10 Original price: $35 Discount: 71% off
5 hours left at this price!
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Includes:
  • 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
Requirements
  • 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
Description

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
04:52:35
+
Getting Started
5 Lectures 14:14

The best way to take this course
01:41


Installing the GNUCash
02:49

Opening GNUCash for the first time
02:56
+
Using the software
10 Lectures 50:48

Address set up
01:13

Setting up new accounts
04:11

Setting up new accounts part2
07:20

Opening balances entering
09:03

Opening trial balance
02:38

Reverse the accrual and prepayment
09:44

Reverse the opening accrual and prepayment report
01:42

Amend the nominal ledger
08:35

Report nominal ledger accounts
00:46
+
Customer and Supplier Details
5 Lectures 13:22
Add new customer and supplier details
02:35

Add new customers 1002-1005
04:55

Customer Info report
00:31

Add new supplier details
01:48

Add new supplier details 2 to 8
03:33
+
Setting up the system
5 Lectures 37:36
Post customer invoices
07:50

Set up standard tax
15:56

Set up tax tables
10:44

Business name set up
01:14

Turn on tax preferences
01:52
+
Sales Ledger
6 Lectures 48:08
Post Invoice 1001
07:40

Post invoices 1002 to 1008
11:11

Post customer credit notes
05:27

Posting the transaction and amending Nominal Ledger for debtors
10:21

Post transaction to the Nominal ledger
09:56

Customer Activity report
03:33
+
Purchases ledger
8 Lectures 44:34
Post supplier invoices
06:21

Posting the supplier invoice batch
10:49

Enter supplier credit notes
05:48

Correct the name of the supplier
05:02

Post supplier transactions to the Nominal ledger
07:24

Unpaid bills report
01:20

Supplier cheques
06:55

Supplier payments report
00:55
+
Customer receipts
2 Lectures 07:11
Enter customer receipts
04:28

Provide a report on the customer receipts
02:43
+
Petty Cash
6 Lectures 37:28
Post petty cash transactions
03:16

Petty cash report
00:33

Post cash payments to pettycash
13:38

Post cash payments to petty cash setting up nominals
10:07

Post cash payments to petty cash using the petty cash account 27-32
04:22

Post sundry payments
05:32
+
VAT
1 Lecture 09:51
Prepare a VAT Return
09:51
+
Banking
2 Lectures 06:31
Reconcile the bank
03:39

Unreconciled figures report
02:52
2 More Sections
About the Instructor
Lisa Newton
4.0 Average rating
339 Reviews
4,228 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.