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* Discounted Amount Third Family Member:
* Discounted Amount 4+ Family Member(s):
WHAT YOU WILL LEARN ….. Explain the key terminology associated with the recording and maintenance of bookkeeping records, using manual and using Sage 50 computerised systems Complete 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. Post the information from the daybooks to the appropriate accounts in the ledgers. Extract a trial balance at the end of an accounting period. Prepare a Bank Reconciliation Statement from data supplied. Prepare the end-of-period VAT Return in accordance with the requirements of the Revenue Commissioners. Process all tasks as per the manual ones using an accounts package SAGE 50 Accounts, comparing manual and computerised results. Analyse tasks completed making appropriate corrections to any errors and editing of data as directed. Print a selection of reports after backing up computerised data on a suitable medium. Outline the advantages and disadvantages of a computerised system over a manual one for record keeping purposes.
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