Quick books for MSMEs and NGOs Course.
Details
INTRODUCTION
QuickBooks can be used to cut down the time you spend on your books as well as comply with the vast reporting requirements of Non-Governmental Organizations (NGOs) and Non-Profits Organizations. This intuitive and powerful accounting and financial reporting system takes the complexity out of entering, maintaining, tracking and reporting detailed financial data. It offers a combination of visually appealing data entry screens, well-defined user features, and quick access to help make data management easy. The software indeed helps not-for-profit organizations/non-governmental organizations (NGOs) increase efficiency and more easily manage their operations from fund accounting, donors and financial reporting.
Outline
Quick books Course Outline
Introduction to Double-entry System of Accounting
- Creation of Company
- Getting started to know Accounting Software
- Creation of Charts of Accounts/GL
Account Receivable and Sales – IFRS 15
- Revenue Recognition
- Setting up of Customers information
- Posting of Sales Orders
- Posting of Sales Invoice
- Posting of Cash/Cheque receipts
- Bad debt
- Provision for doubtful debt – IFRS 9
Account Payable and Purchases
- Setting up of Vendors
- Supplier’s information
- Posting of Purchase Orders
- Posting of Purchase
- Receive Inventory
- Payment of Vendors
Equity
- Share capital
- Share premium
- Fair value adjustments and Revaluation Reserve
- Issue of additional shares and admission of a new shareholder.
Noncurrent Assets – IAS 16 (PPE)
- Acquisition of Property, plant and equipment
- Initial recognition
- Subsequent Measurement
- Fair value measurement – IFRS 13
- Disposal of noncurrent assets.
Inventory and Item set up – IAS 2
- Setting up of inventory
- Inventory classification
- Inventory Basic procedures
- Inventory costing
- Setting up Unit of Measurement
- Setting up Re-Order Level
Posting of Transactions
- Prepayment
- Cash sales
- Credit sales
- Petty cash posting
- Receiving of Bills
- Paying of Bills
- Credit Purchase
Bank/Cheque Management
- Receiving Cheques
- Paying Cheques
- Cheque Deposit
- Transfers
- Bank Charges and COT
Costs Management
- Operational costs
- Cost of production
- Administrative costs
Tracking Income
Tracking Expenses
Customizing QuickBooks
Customizing forms
Exporting data from Excel to Quick book
Advanced Budgeting
General Journal Ledger
Report Generation - IAS 1
Advanced Features
Payroll Management
Speaker/s
Special Offer
Schedules
Weekdays | 09:00 AM — 05:00 PM |
Weekdays | 09:00 AM — 05:00 PM |
Weekdays | 09:00 AM — 05:00 PM |
Weekdays | 09:00 AM — 05:00 PM |
No. of Days: | 5 |
Total Hours: | 40 |
Chania Finance consultancy is a subsidiary of Chania Publishers ltd in the business of Research, Consultancy and Corporate training.
Our Vision
To be center of career development and excellence for the working in the economy and solutions provider in ICT and Finance.
Our Mission:
Committed to equipping the working and businesses in the Dynamic and changing economy.
Our Motto:
Research and development is the key to success in business.
Belief:
That all our delegates should be assisted after the seminars to implement and apply the knowledge acquired. CFC also believe in providing assistance to firms after the research has been conducted to ensure it is beneficial to the clients.