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...
Setting up the system.
Logging into the system.
Update the settings on Kashflow.
Run the trial balance.
Post reverse journals.
Enter the opening balances.
Produce a report on the journals entered.
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.
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.