Course Outline

• Sales Ledger
  • Creating customer account records
  • Entering opening balances
  • Entering transactions - invoices,
  • credit notes, receipts, refunds and transfers
  • Multi-currency accounting
  • Discounts
  • VAT analysis
  • Credit level checks
  • Allocation of matching debits and credits
  • Bad debt write offs
  • On screen enquiries
  • Contras with purchase ledger
  • Settlement discounts
  • Reports
• Purchase Ledger
  • Creating supplier account records
  • Entering opening balances
  • Entering transactions - invoices, credit notes, payments, refunds and transfers
  • Multi-currency accounting
  • Payment terms for each supplier account
  • VAT analysis
  • Credit level checks on
  • Allocation of matching debits and credits
  • On-screen enquiries
  • Reports
• Nominal Ledger
  • Cost centre and department analysis
  • Account budgets
  • Designing profit and loss reports and balance sheets
  • Consolidating account details
  • Transactions and journal entries
  • Skeleton journals
  • Automatic prepayments and accruals
  • On-screen nominal account enquiries
  • Previous year postings and reports
  • Reports
• Cash Book
  • Multi-currency cash accounting
  • Nominal ledger analysis
  • Opening bank balance transactions
  • Sales Receipts and payments -
  • Sales, Purchase and Nominal
  • VAT analysis
  • Inter-bank transfers
  • Currency forward purchasing
  • Standing orders and direct debits
  • Petty cash
  • Bank reconciliations
  • On-screen bank account enquiries
  • Automatic revaluation of foreign bank accounts
  • Cheque printing
  • Reports
• Sales Order Processing
  • System generated order numbers
  • Order priority codes
  • Processing for foreign currency accounts
  • On-screen credit checks for customers
  • VAT calculation and analysis
  • Settlement discount and price band processing
  • Order on-hold facility
  • Customer enquiries
  • Stock item enquiries
  • Multiple stock and bin locations
  • Reports
• Purchase Order Processing
  • Purchase order and goods returned note processing
  • Processing for foreign currency accounts
  • On-screen account status checks on suppliers
  • VAT calculation and analysis
  • Settlement discount processing
  • Order on-hold facility
  • Stock item enquiries
  • Processing supplier invoices
• Stock Control
  • Setting up stock codes
  • Multi-location stock recording
  • Product group maintenance
  • Multiple selling and buying price levels
  • Standard costing, FIFO, LIFO and average formula
  • Optimum order levels and quantities
  • Supplier details
  • Stocktake changes and adjustments
  • Issues, returns, adjustments and inter depot transfer transactions
  • Purchase orders and goods received postings
  • Allocating to sales orders
  • Stock revaluations
  • On-screen enquiries for stock items, transactions and serial/batch number sales and purchases
  • Global price updating
  • Reports
• Invoicing
  • Preparing Quotations, Proformas, Invoices and Credit Notes
  • Converting quotation/proforma invoices
  • On-screen enquiries for customers, stock items and invoice status
  • Reports
• Payroll
  • Processing of payrolls for weekly, monthly, four weekly and casual periods
  • Entering employee records
  • Maintaining pension scheme details
  • Calculating PAYE, NI, SSP and SMP
  • Holidays and leavers processing
  • Cheque and giro production
  • Processing wage slips
  • Tables for rates and ranges
  • Global tax charges and annual increments
  • On-screen employee enquiries
  • Reports
• Job Costing
  • Maintaining contract details
  • Maintaining job details
  • Maintaining file of employee details, for both overhead or production cost type of employees
  • Employee charge-out and pay rates
  • Processing of invoices, credit notes and retentions
  • Transaction postings covering labour charges and expenses, materials, fixed price or 'cost plus' basis
  • Customer invoicing based on time and materials , fixed price or 'cost plus' basis.
  • Retention transactions
  • On-screen enquiries for contracts, jobs transaction history and employee records
  • Reports