Overview

This practical  in-person workshop will focus on developing the skills and know-how of the participants in

basic bookkeeping for small business.

Programme Objectives:

• Prepare the Prime Books of Entry

• Apply the concepts of Double Entry to accounts

• Understand the importance of recording VAT

• Dealing with Payroll

• Understand the difference between profit and cash flow

• Understand key terminology of profit and loss

• Understand key terminology of the balance sheet

The programme will concentrate on:

• Understanding Financial Terminology

• Applying main accounting concepts

• Understanding the Principles of Double Entry Bookkeeping

• Completing Books/Records - how and what

• Accounting and Book-keeping - preparation of prime books (Sales Day Book, Purchases Day Book, Cash Book, Payments, Double Entry System and Trial Balance)

• Business Taxation to include PAYE, Employer/Employee PRSI, USC and VAT