The aim of the qualification is to provide candidates with an introduction to book-keeping practices and to process source documents that underpin accurate record keeping.1. Documentation Complete and check the following documentation: statements o credit notes o cheques Check invoices and credit notes calculating; o (sales) tax o trade discount o settlement (cash) discount o prices and price extension 2. Day books and ledgers Enter invoices and credit notes into the appropriate daybook. Transfer the total(s) of the day book(s) to the respective ledger account(s) Post individual transactions from the day books to personal ledger accounts transactions and credit transactions Record cash book (two and three column) 3. Bank reconciliations Update a cash book from details appearing on a bank statement and Prepare a bank reconciliation statement 4. Petty Cash 5. Initial Trial Balance Balance ledger accounts including the cash and bank accounts and bring down the balances to the following accounting period Extract the trial balance from the ledger and cash book
Name: BookKeeping Level 1 Qualification title: Award in Book-Keeping and Accounts (QCF) Qualification type: Assessment Assessed by an examination which lasts for 90 minutes, plus five minutes reading time. The examination paper consists of a number of practical tasks. The exam will take place in the final week of the course. The awarding body is City and Guilds Awarding City & Guilds of London Institute Created 20150617 11:24:07 Updated 20150617 11:24:07
None
Richmond Adult Community College
Further Education
info@racc.ac.uk
020 8891 5907
http://www.racc.ac.uk
Parkshot Town: Richmond County:Surrey
Title: Award in Book-Keeping and Accounts (QCF) Qualification: Award in Book-Keeping and Accounts (QCF) Classification: Business, Administration and Law