VT Plus Accounting software

How to use VT Plus bookkeeping software
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  • Lectures 44
  • Contents Video: 2 hours
    Other: 1 hour
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 9/2014 English

Course Description

VT Plus Computerised Accounts course is about how to use VT Plus software based on the most popular functions which you as a VT 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 VT Plus 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 VT for yourself.

You will need to have access to a copy of VT Plus.

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.

What are the requirements?

  • You'll need access to VT Plus in order to complete the assignment
  • You'll need to have an interest in bookkeeping

What am I going to get from this course?

  • By the end of the course you will be able to complete various common functions using VT Plus software
  • In this course, you will learn how to:
  • Enter the 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

What is the target audience?

  • Bookkeepers and Accountants who will be using this for their clients
  • Students who are going for jobs where the requirement is working knowledge of VT
  • 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

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Getting Prepared - Access the software and course materials
04:24

Welcome on board!

Firstly, please download the course paper (course material) and ensure that you have a copy of the software: VT Plus.

You may be able to google 'VT Plus' to get access to the software. Or try this link:

http://www.vtsoftware.co.uk/tranplus/downloading.htm

Downloading VT
01:31
Section 2: Getting Started
01:29

Create the Company File: Total Photo.

Section 3: Setting Up The System
03:32

Setting up screen.

04:30

Enter our details onto the system and become familiar with it.

08:19

Task 1 - enter the opening balances.

Provide opening trial balance
00:30
03:42

Create a report of journals entered.

Section 4: Nominal Ledger
01:45

Reverse Opening balances (accruals and prepayments)

03:45

Amend the nominal ledger.

01:22

Create a report of the nominal ledger.

Section 5: Customers
06:52

Add new customer details.

Section 6: Suppliers
03:11

Post supplier details.

Section 7: Sales Ledger
06:39

Enter customer invoices.

03:07

Enter customer credit notes.

01:35

Report on customer activity.

01:02

Create an aged debtors list.

Section 8: Purchases Ledger
09:11

Enter Supplier Invoices / Bills.

03:29

Enter supplier credit notes.

01:06

Print supplier activity report.

01:16

Print an aged creditors list.

Section 9: Sundry Payments
07:53

Enter cheques.

00:40

Create a report showing payments made to suppliers.

Section 10: Sundry Receipts
03:35

Enter payments received from a customer.

00:56

Create a report showing payments received from customers.

Section 11: Petty Cash
01:59

Post petty cash transactions.

02:41

Produce a report to show the petty cash transactions.

09:27

Post cash payments to the ledgers.

Report on Cash Payments
00:37
02:58

Enter Sundry payments.

00:54

Produce a report on bank payments.

Section 12: VAT - Value Added Tax
02:17

Prepare the VAT return.

Save the VAT return
00:56
Section 13: Bank Reconciliation
02:50

Reconcile the bank.

01:35

Unreconciled transactions.

Section 14: Payroll / Wages
03:57

Post the wages journal.

00:45

Produce a report on the wages journal.

Section 15: Reports
03:49

Post adjustments to Journals.

Journal Reports
00:55
00:51

Print a Profit & Loss Account.

01:13

Print the balance sheet.

00:57

Print the Trial Balance.

Section 16: Further learning
74 pages

Take your understanding of VT Transaction Plus further, by reading the user guide.

Next Steps - concluding lecture
04:57

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Instructor Biography

Lisa Newton, Entrepreneur & Serial Author

Lisa Newton BA MSc FMAAT 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, software, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007 and in 2008 Enterprising Business Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award.

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 and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.

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 and cosmic ordering.

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