Basic Book-Keeping for Small Business
Dates: 3rd, 10th, 17th, 24th Oct.
Time: 6.30pm - 9.30pm
Venue: Abbey Hotel
Cost: €40
Maximum: 10 participants
Programme is aimed at: Individuals with very little or no book-keeping experience and who are interested in acquiring the necessary skills to maintain a MANUAL book-keeping system for a small business.
Objective: On successful completion of the 4 modules, participants should be equipped with adequate knowledge to meet revenue and legal requirements, together with a system of monitoring their business financial performance - essential for managing any business.
Brief Outline of Programme Content:
- Introduction to book-keeping terminology and concepts
- Preparing Sales Invoices
- Complete the basic books of account, ie sales book, purchase book, cash book, petty cashbook.
- Complete bank reconciliations
- Complete final accounts, ie Profit & Loss, Balance Sheet
- Understanding allowable business costs
- Complete Cashflow Statements
- Understanding VAT and preparing VAT returns
- Understanding PAYE, PRSI and Levies calculations and completing P30 returns
- Introduction to Income Tax & Preliminary Tax for a Sole Trader
- Includes many practical examples and exercises
A combination of presentation slides and a selection of practical day-to- day examples and exercises will be presented in Excel. Practical book-keeping Excel templates will be made available to each participant.