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WHAT YOU WILL LEARN …..6bf1c92f-fe68-49fa-a731-2942215cb13a6bf1c92f-fe68-49fa-a731-2942215cb13aExplain the key terminology associated with the recording and maintenance of bookkeeping records, using manual and using Sage 50 computerised systems6bf1c92f-fe68-49fa-a731-2942215cb13aComplete the books of first entry with appropriate VAT and departmental analysis from the information contained in a range of source documents to include; invoices, credit notes, bank records, petty cash vouchers.6bf1c92f-fe68-49fa-a731-2942215cb13aPost the information from the daybooks to the appropriate accounts in the ledgers.6bf1c92f-fe68-49fa-a731-2942215cb13aExtract a trial balance at the end of an accounting period.6bf1c92f-fe68-49fa-a731-2942215cb13aPrepare a Bank Reconciliation Statement from data supplied.6bf1c92f-fe68-49fa-a731-2942215cb13aPrepare the end-of-period VAT Return in accordance with the requirements of the Revenue Commissioners.6bf1c92f-fe68-49fa-a731-2942215cb13aProcess all tasks as per the manual ones using an accounts package SAGE 50 Accounts, comparing manual and computerised results.6bf1c92f-fe68-49fa-a731-2942215cb13aAnalyse tasks completed making appropriate corrections to any errors and editing of data as directed.6bf1c92f-fe68-49fa-a731-2942215cb13aPrint a selection of reports after backing up computerised data on a suitable medium.6bf1c92f-fe68-49fa-a731-2942215cb13aOutline the advantages and disadvantages of a computerised system over a manual one for record keeping purposes.
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