Basic Bookkeeping and Taxation For The Small Business

Venue:
Online via Zoom
 
Date:
31/03/2025
 
Note:
31st March & 1st April
 
Time:
9:30am - 12pm
 
Category:
Mentoring
 

An efficient and effective bookkeeping system is at the heart of all successful businesses. This course will show participants how to set up a basic bookkeeping system and will also briefly cover issues relating to ROS and annual returns.

This event is no longer available
 

This course will be delivered over two dates - Monday 31st March & Tuesday 1st April 9:30am - 12pm

Every business promoter needs to know how the business is performing on an on-going basis. Also they need to have confidence that the finances are in hand and that customer accounts are being settled on time and that creditors are being paid on time. It is essential that businesses are up to date with returns to Revenue and that banking matters are being properly handled.

This course will show participants how to set up a basic bookkeeping system to include a sales and purchases daybook, cash books and receivable and payable ledgers. It will also cover an introduction to double entry and a simple system to assist with the concept of debits and credits. It will deal with Nominal Ledger accounts, trial balances and the preparation of monthly accounts. It will also give a brief interpretation of an Income and Expense statement.

The course will also briefly cover issues relating to ROS and annual returns.


Objective:

The aim of the course is to provider participants with an understanding of a basic bookkeeping system. It will also provide participants with a basic understanding of the Irish taxation system and calculating tax liabilities

Outcomes:

  • Be able to setup and operate a basic bookkeeping system
  • Be able to record financial transactions in the appropriate daybooks
  • Be able to apply this learning in a practical manner in their own businesses

Please Note:

Zoom login details will be sent one or two days before the course commences. If you can not find your login email in your normal inbox, we would strongly advise that you also check your spam/junk mail folder.


Due to the limited number of spaces available, this programme is limited to Businesses based in Kilkenny (City and County) only.
If you are from outside this region and are interested in a programme similar to what we are offering, we would kindly request that you get in touch with the Local Enterprise Office in your region and they will advise you if they are planning to run a similar programme. Thank you for your co-operation.