Course Overview
Learn the principles of double entry book-keeping in order to maintain a nominal ledger and extract a preliminary trial balance. In this course you will also gain a clear understanding of profit and loss account and the payroll process. Successful completion of this course will enable you to work towards further qualifications.
Aims and Objectives
To learn the principles of double-entry book-keeping in order to maintain a Nominal Ledger and extract a preliminary trial balance.
The flexibility and value of self-study course designed to enable you to work at your own pace.
A personalised workbook to use as a reference guide on completion of the course.
The opportunity to gain the widely recognised Pitman Training Certificate.
Target Audiences
Those who wish to perform double-entry book-keeping in order to maintain a Nominal Ledger and exact a preliminary trial balance.
Prerequisites
Students must have basic book-keeping skills. Ideally they should have completed the Basic Book-keeping, Purchase Ledger and Sales Ledger courses.
Course duration
16-18 hours
Course Code
1010290223
Course Content
Lesson 1: Principles of double entry book-keeping; preparing Nominal Ledger accounts; preparing a list of balances.
Lesson 2: Use of the Profit and Loss account; stages in the accounting process; preparing a postings summary.
Lesson 3: Timing differences; preparing a bank reconciliation statement.
Lesson 4: Understanding the payroll process; using a payroll summary record to prepare a posting summary; making the postings to the Nominal Ledger.
Lesson 5: Purpose of the Nominal Ledger in business accounts; writing up the Nominal Ledger accounts.
Lesson 6: Using the Nominal Ledger to prepare a preliminary trial balance.
